Punjab govt notifies new land conversion rates

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Chandigarh, Sep 20: The Punjab Government has notified the new External Development Charges (EDC), conversion charges of land and license fee which is now 25 to 75 per cent less than the previous rates.

These changes have been made keeping in mind the concerns and sentiments of the common man and the estate market, Secretary, Housing and Urban Development Department, Arun Goel stated here today.

Committed to develop and provide world class infrastructure all around, the state government has partially modified the policies and reduced the charges/fee and rationalized minimum area requirement for setting up residential/commercial colonies, he added.

Mr Goel revealed that the new policy provides space for participation and working and looks after the interests of the small, medium and large scale colonizers and promoters. He said the notified charges will be applicable to areas falling under the statutory or non-statutory master plan limits and to the areas falling beyond these limits in of Punjab.

The new policy also provides for grant of Change of Land Use (CLU) on verification of ownership from Sub Divisional Magistrate (SDM). The cases would be processed extremely fast, Mr Goel assured.

Earlier such a case used to take around six months to come to a conclusion, now the same would be finalised within 30 days. ''Approval from other Departments would be required to be taken only before the work is started at ground,'' the Secretary added.

According to Mr Goel the policy is applicable to the area falling under Greater Mohali Area Development Authority (GMADA) has been divided into three categories. The categories are relevant to Local Planning Area, SAS Nagar (Mohali), Local Planning Area Kharar, Banur, Derabassi, Zirakpur and Mullanpur and areas other than Local Planning Area in side and out ofter the periphery and outside the periphery.

Separate rates are chargeable for residential plotted colonies, residential group housing colonies and commercial colonies. Category-wise rate for residential colony varies from Rs 26.70 lakh to Rs 36.95 lakh per acre. However, conversion charges and licence fee per acre is same for all the three categories.

Conversion charges as provided in new polices are Rs 5.01 lakh, Rs 7.48 lakh and Rs 39.98 lakh respectively for residential, group housing and commercial colonies. Like wise licence fee for different categories of colonies is Rs 4 lakh, Rs 5 lakh and Rs 200 lakh.

Regarding External Development Charges/Conversion Charges/Licence fee applicable to the areas other than those under GMADA, Mr Goel said that high potential areas would attract higher charges as compared to the medium and low potential areas. Per acre EDC varies between Rs 5.89 lakh to Rs 26.78 lakh per acre for a plotted residential colonies.

Mr Goel said that policy for minimum area required for setting up a residential colony had also been modified partially to make it more realistic. It provides for approval of a colony having area between 10 acres to 75 acres depending upon potential zone in which the colony is proposed to be located. Land requirement for a group housing colony qualifies at five acres to ten acres, he added.

Also issuing an amendment of PUDA rules-1996, the Government has notified parking norms for commercial, institutional and group housing complex.

There is no height restriction of building subject to clearance from Airport Authorities and fulfillment of rules---fire security requirement, structural safety as per national building code, Mr Goel pointed out.


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