Chandigarh, June 15: Haryana Cabinet, which met under the Chairmanship of Chief Minister, Sh. Manohar Lal here today, has granted relief to the real estate industry as well Change of Land-use Permission (CLU) holders/entrepreneurs due to disruptions caused by second wave of covid-19 for two months.

The period of April 1, 2021 to May 31, 2021 to be considered as "zero period" for the purposes of Interest on payment of renewal fee of licence on delayed period, submission of fresh bank guarantee on account of grant of license and Interest /penal interest on payment of installment of External Development Works (EDC), State Infrastructure Development Charges (SIDC) during this period, Letter of Intent/ Permissions/ Building Plan approval/extension of CLU permission and licences and  renewal of licenses and related compliances. This is in line with the various relief measures granted by the Union Government for various sectors of economy.

The colonizers have been granted relief of interest on the pending dues and for time bound compliances. The colonisers/developers shall pass on the corresponding benefits to their allottees to ensure that the hardships faced by the end-users also get mitigated to that extent.