Now, EDC to rise 10% per year in Haryana
Hindustan Times Ludhiana|December 30, 2024
Positive impact of the decision could be potential boost to infrastructure development funded by these higher EDC collections
Abhishek Behl

GURUGRAM: The Haryana government on Saturday approved the proposal to increase external development charges (EDC) of various potential real estate zones in the state by 20% for 2025, and a 10% increase every year from 2026.

The decision will likely increase the cost of real estate development, which might make properties costlier for buyers. However, the positive impact could be a potential boost to infrastructure development funded by these higher EDC collections. "The cabinet approved a one-time increase of 20% from January 1, 2025, and further an increase of 10% every year with effect from January 1 of every year was approved," the government spokesperson said.

هذه القصة مأخوذة من طبعة December 30, 2024 من Hindustan Times Ludhiana.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 30, 2024 من Hindustan Times Ludhiana.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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