Panchkula to woo real estate investors with reduced taxes

| | Chandigarh
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Panchkula to woo real estate investors with reduced taxes

Wednesday, 03 March 2021 | PNS | Chandigarh

To ensure holistic development of Panchkula and in a bid to woo Real Estate Investors for making potential investment in Panchkula district, Haryana Chief Minister, Manohar Lal Khattar on Tuesday announced that various developmental charges and taxes have been reduced by almost one-third in Panchkula district, bringing them at par with Mohali and Zirakpur.

Addressing a Press Conference here, Khattar said, "The decision to bring down External Development Charges (EDC) and Infrastructure Development Charges (IDC) at par with Mohali and Zirakpur has been taken to ensure overall development of Panchkula and to develop Panchkula as a Smart City, Tourist Destination and Education Hub."

As per the decision, EDC/IDC rates for the Residential Plots Colony have now been reduced from Rs.1.24 crore per acre to Rs. 43.72 lakh per acre. Likewise, EDC/IDC rates for the Residential Group Housing Colony are reduced from Rs. 3.46 crore per acre to Rs. 1.17 crore per acre.

The Chief Minister further announced that EDC/IDC rates for Affordable Group Housing Colony have been reduced from Rs. 89.11 lakh per acre to Rs. 38.87 lakh per acre.



The Haryana Chief Minister  said that a one-member committee of Chief Secretary Vijai Vardhan has been constituted to do the analysis of recommendations submitted by various committees constituted to probe various liquor complaints including the issue of deaths on account of consumption of spurious liquor across Haryana, smuggling and illegal stocking, etc.

He said that while taking cognizance of complaints received regarding liquor, Special Investigation Team (SIT), Special Enquiry Team (SET) were formed to investigate these complaints. “The members of these committees have separately submitted their recommendations to the Government and now Chief Secretary after analyzing these recommendations would take strict action against those found guilty” said the Chief Minister.

Khattar said that constant efforts have been made to curb liquor smuggling.

This is a very serious matter and a close vigil has been kept by the offices concerned. However, smuggling and other liquor offences were increased during the lockdown period but even then the Government left no stone unturned to take strict action against those found guilty.

The CM said that the State Government has adopted a zero-tolerance policy against corruption.

  Be it registration of land, starting e-RAVANA and other digital reforms have been brought in every sector to ensure Minimum Government and Maximum Governance.

 “A recent raid for power thefts in the big industries running in the State is the latest example. For the first time in the history of Haryana, this kind of biggest action has been taken to curb power theft and because of this, in last two days,  checking of as many as 7728 Power connections in Industry, Domestic and Commercial was done on February 27 and 28, 2021 out of which  2733 power thefts have been caught.   More than 5900 kW of power theft was caught in this raid, which would bring down the line loss. With these raids, the Electricity Board would be collecting huge revenue of around Rs. 100 crore,” said the Chief Minister.

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