Har Cabinet approves one time settlement scheme of HSIIDC

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Press Trust of India Chandigarh
Last Updated : Jul 26 2017 | 1:42 AM IST
The Haryana Cabinet today approved the Onetime Settlement Scheme of the HSIIDC for clearance of enhanced cost default by those alloted industrial plots.
The Cabinet has also decided to give a 75 per cent rebate in the amount of interest and delayed interest in default, an official release said.
The scheme of clearance of enhanced cost default in one go shall be applicable for allottees of industrial plots of HSIIDC who are in default towards payment of enhanced compensation against demands raised from them, it said.
The rebate of 75 per cent in the amount of interest and delayed interest in default shall be allowed if the payment is made within 15 days from the floatation of the scheme and the rebate shall be reduced at the rate one per cent per day for the next 45 days thereafter, the release said.
The Cabinet also approved the final Haryana Real Estate (Regulation and Development) Rules, 2017, the draft of which was notified on April 28 for suggestions and objections, nearly 1,874 were received, the release said.
In another decision, the Cabinet approved that the ground coverage of commercial colony in Transit Oriented Development (TOD) policy may also be made 60 per cent, the release said.
Similarly, in respect of mixed land use colony in TOD, maximum 50 per cent coverage may be allowed, it said.
In another decision, the Cabinet approved to calculate the fee for renewal of license of colonies on the basis of notified licence fee prevalent at the time of grant of part- completion certificate, it said.
This decision was taken to expedite the grant of completion certificates, the release said.

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First Published: Jul 26 2017 | 1:42 AM IST

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