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| DLF gets Rs 203 cr refund from Haryana govt |
| Press Trust of India / Chandigarh Mar 04, 2009, 15:18 IST |
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Realty firm DLF has been refunded the licence fee amounting to Rs 203 crore by the Haryana government for its proposed real estate projects in Gurgaon.
"Yes, we have refunded Rs 203 crore as license fee out of the total demand of Rs 240 crore raised by DLF for its projects in Gurgaon," District Town Planner (Head Quarter) P P Singh said today.
DLF had demanded refund of Rs 240-crore licence fee for its commercial projects and IT park proposed to be set up in Gurgaon. "The company had proposed to set up commercial projects at an area of 120 acres and an IT park in 30 acres in Gurgaon," he informed.
Singh further informed that the department had received applications from several real estate companies for seeking the refund of licence fee in 50-60 projects in Gurgaon alone. However, he refused to divulge the names of companies which demanded refund of fee from the state government.
He said in the last two years, the state received licence fee amounting to Rs 3,000 crore when the realty sector was booming and now, out of Rs 3,000 crore, the state received a demand for the refund of Rs 600 crore from the companies.
Haryana used to collect licence fee in the range of Rs 400-500 crore per annum, but because of the sudden boom in the real estate market in the last 2-3 years, the collection reached a whopping Rs 3,000 crore.
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