Panjab Government announced a reduction in the minimum area required for developing a residential colony from 75 acres to 25 acres. The area span for a group housing society now has been reduced from the current requirement of minimum 10 acres to 5 acres.
The government plans to regularise old unauthorised colonies at different places all over the state, in case they fulfilled “government conditions”. Colonies or individuals applying for regularisation of their structures will have to pay charges of Rs 400 per square yard.The unauthorised colonies, going in for regularisation, have been asked to ensure a 30-foot wide roads within the housing complex and also a minimum of 5 per cent green belt. Already regularised colonies, which were expected to pay external development charges, have been exempted from it for 2009 in view of the global meltdown.
The payment of construction surcharge of 19 per cent has been deferred for the current year. The total payment would be reduced to 2-3 per cent.
Part of the Dream Weave Walk Network 1998-2010