Advertisement
Private equity has played a significant role in shaping Indi...
In today’s real estate landscape, fitness is often treated...
In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
Real estate developers in Haryana have approached the state government with a detailed set of policy recommendations aimed at easing regulatory pressures and reviving stalled housing projects. The industry has sought extensions under existing settlement schemes, removal of group-level restrictions linked to EDC dues, and project-wise approvals. Builders have also requested a revision in affordable housing prices in Gurugram and Faridabad, changes to TDR norms, fiscal relief on interest levies, and regulatory corrections at H-RERA to improve project execution and housing supply.
Real estate developers in Haryana have submitted a comprehensive representation to the state government, seeking regulatory, fiscal and policy-level changes to address long-pending issues affecting project execution and housing supply. The industry has flagged that several projects remain stalled due to rigid approval conditions, legacy dues, and rising construction costs, impacting both developers and homebuyers. Advertisement
A major concern raised relates to relief under the licence fee settlement scheme and the Samadhan Se Vikas policy for recovery of external development charges (EDC). Developers have asked the government to extend the validity of these schemes and remove the existing condition that blocks approvals at a group level if outstanding EDC dues exceed INR 20 crore. They have pointed out that this restriction has halted approvals even for compliant projects within the same group, affecting cash flows, delaying deliveries, and slowing government revenue recovery. The industry has proposed that EDC-related restrictions be applied on a project-wise basis instead, allowing approvals, licence renewals and occupation certificates for compliant developments.
Builders have also sought relaxation in licence renewal norms for stalled projects that are being revived by new builders in possession. They have recommended that legacy dues linked to defaulting promoters be deferred until occupation certificates are issued, enabling completion of projects while safeguarding the interests of homebuyers.
On land and infrastructure planning, developers have raised concerns over the current transfer of development rights (TDR) policy. They have stated that annual depreciation in TDR value discourages farmers from surrendering land for road development. The industry has proposed linking TDR valuation to prevailing circle rates without area reduction and allowing staged payment of TDR-related charges in line with licence fee timelines to ease financial pressure.
Affordable housing has emerged as a key focus area, with developers seeking a 25 per cent increase in notified prices under the Affordable Housing Policy, particularly in Gurugram and Faridabad. They have cited a sharp rise in land acquisition costs, construction material prices and compliance expenses over the past few years. The industry has also suggested higher permissible density norms to enable delivery of smaller homes at lower ticket sizes and recommended converting the affordable housing policy into an open-ended framework rather than a scheme-based window.
In addition, builders have asked for the option to pay a monetary charge in lieu of surrendering economically weaker section (EWS) land in group housing projects, similar to provisions under the New Integrated Licensing Policy. They believe this would allow the government to create a centralised fund for affordable housing while improving project viability.
Fiscal relief has also been sought through a complete waiver of interest on EDC, infrastructure development charges (IDC) and other levies in areas where external infrastructure has not been developed by the government. Developers have argued that interest should be linked to actual infrastructure creation and have sought refunds or adjustments where interest has already been collected without corresponding development.
The representation also highlights issues related to environmental clearances, with builders requesting alignment of state licensing conditions with central environmental norms. They have sought permission to complete concrete pours during pollution-related construction bans if work has already commenced, to avoid structural risks and financial losses.
At the regulatory level, developers have urged the Haryana Real Estate Regulatory Authority (H-RERA) to address what they describe as anomalies, including dual charges in the form of registration and processing fees. They have proposed a single, capped fee structure and sought automatic recognition of force majeure periods during pollution bans. Other requests include easing escrow withdrawal conditions post-occupation certificate, simplifying consent norms in integrated projects, and recognising occupation certificates as equivalent to completion certificates to prevent procedural delays.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
