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Haryana govt grants relief to COVID-hit real estate industry

Haryana govt grants relief to COVID-hit real estate industry

Chandigarh, Jun 15 (UNI) The Haryana Cabinet on Tuesday approved a slew of relief measures for the real estate industry that faced disruptions during the second wave of the pandemic.
The Cabinet, which met under the Chairmanship of Chief Minister M L Khattar, decided to consider the period between April 1 to May 31 as "zero period" for the purposes of Interest on payment of renewal fee of licence on delayed period, submission of fresh bank guarantee on account of grant of license and Interest /penal interest on payment of installment of External Development Works (EDC), State Infrastructure Development Charges (SIDC) during this period, Letter of Intent/ Permissions/ Building Plan approval/extension of CLU permission and licences and renewal of licenses and related compliances.
The state government said all these relief measures are in line with the measures granted by the Centre for various sectors of economy.

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