After house tax, the Haryana Cabinet has reportedly targeted real estate sector in the state by approving the proposal of the department of town and country planning to increase the licence fee for residential plots, group housing and industrial colonies. Details of the increased rates shall be notified in the next couple of days, officials in the department of town and country planning said.The increased rates of licence fee may impact property rates, especially in new colonies coming up in Gurgaon, Faridabad, Sonepat and Panchkula districts, sources said.
The cabinet also decided to include Gwal Pahari of Gurgaon in high potential zone. Currently, besides Gurgaon, other districts included in high potential zone are Faridabad, Sonepat and Panchkula, while Prithala of Palwal district has been included in the category of medium potential zone. Inclusion of Gwal Pahari and Pirthala was made after making changes in section 25 (1) of Punjab Scheduled Roads and Controlled Areas Restrictions of Unregulated Development Act, 1963, sources said.
The cabinet also approved increase in conversion charges for hotels, motels with banquet facility and resort projects. It was decided that the schedule of conversion charges and licence fee would include distinction of controlled area as per earlier provisions of Punjab Scheduled Roads and Controlled Areas Restriction of Unregulated Development Act, 1963 i.e. section 4(1) (a) while section 4(1) (b) has been done away with.
The separate category of conversion charges for commercial units like hotels, motels with banquet facilities and resorts will include existing commercial rates and 50% equivalent of licence fee and infrastructure development charges as applicable for commercial licences in hyper potential zone and 25% equivalent of licence fee and infrastructure development charges in other zones.
