CM Khattar announces Rs 1K crore urban infra investment in Haryana

GURUGRAM: Chief Minister of Haryana Manohar Lal Khattar addressed a gathering at the concluding session of the two-day Urban Development Conclave in Gurugram on Saturday, February 26. He mentioned that the government has set the target of developing five big cities in an area of 2.5 lakh hectares near the Kundli Manesar – Palwal (KMP) expressway. Each city will be developed in an area of at least 50,000 hectares.

CM Khattar said that the Government of Haryana is providing infrastructural facilities to industries to promote industrialisation. Several new highways are being built to give an impetus to the development. He added that a Global City Project will begin in Gurugram to provide world-class facilities to the people.

CM added that even though construction work is a business for developers, people have an emotional attachment to their houses. He added that the state government is taking steps in a systematic manner to provide housing for all; therefore, it has formed a special department for housing. He said that the ‘Samadhan se Vikas’ policy is being extended for six months to encourage defaulting developers to opt for the policy. The policy has been formulated to grant relief to developers in payment of external development charges. CM Khattar said that these regulations serve to regulate the requirements of structural stability during construction, at the time of grant of occupation certificate and post-occupation certificate. He added that these regulations will help in establishing a transparent and reliable mechanism for ensuring the structural stability of multi-storey buildings.

He announced the state’s decision to allocate Rs 1000 crore for supplementing its urban infrastructure investment requirements in the coming budget. He further stated that the Real Estate Regulatory Authority (RERA), Panchkula should establish a policy for handing over projects to RWAs within 30 days of completion. In a period of 30 days, RERA, Panchkula, should develop a policy for the settlement of stressed assets under the RERA Act and the Urban Areas Act, 1975, he added.