Thursday, March 01, 2007

Gurgaon: Extensions for empty plots now 7 years

The Haryana Urban Development Authority has revised its extension policy for construction of houses in Gurgaon with effect from January 1, 2006.

“Allotted vacant plots in Gurgaon city will now have to be constructed and completed within 7 years from the date of offer of possession,” said SP Gupta, Administrator HUDA.

An initial period of two years plus five years later on is the total time the allottees will now get to complete their houses in Gurgaon. Failure to complete construction of plots will lead to confiscation of these plots by HUDA, gupta said. The policy was earlier revised to 15 years from 20 years in September 2006. The new revised policy is expected to affect more than 5,000 vacant plots that will come under the 7 years extension policy.

The decision to reduce the extension years was decided in the 99th meeting on December 12, 2006 by the HUDA Headquarters in Chandigarh.

According to the new revised policy, the affected plot holders will have to submit their building plan by december 2007 and get completion certificates by December 31, 2008

Source:cities.expressindia