Gurgaon, Faridabad housing projects to see possession as CM assures of removing regulatory bottlenecks

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Accommodation Times News Service

Heeding to the requests of real estate industry body, NAREDCO, Haryana chief minister,  Mahnohar Lal Khattar on Monday assured that projects of Gurgaon and Faridabad will get a provisional no-objection certificate (NOC) from the fire department in the next 15 days. This would help the projects comprising of around 15,000 dwelling units to get occupancy certificate (OC). Formalities of possession can soon begin post getting OC.

Led by Parveen Jain, President, NAREDCO, a delegation of the industry body of its Haryana chapter met the chief minister on Monday late evening at CM’s residence in Chandigarh. During the fruitful meeting, the delegation presented its memorandum. Chief Minister also assured to look into expediting the work on affordable housing projects in the state.

The memorandum highlighted the problems faced by real estate sector in the state. As per the memorandum, the sector faces impediments which hamper its growth in general.

Commenting on the outcome of the meeting, Mr. Jain said, “The development is significant as chief minister acknowledged our concerns. The delegation highlighted problems of the sector in the state. The memorandum aims to help consumers/homebuyers in general. It has raised concerns over various old laws prevalent in the state. The ultimate sufferer has been the consumer, who is unable to get the possession of her property due to certain regulatory hurdles. Smooth and fast implementation of infrastructure and addressing these concerns would bring relief to homebuyers who are eagerly waiting to get the possession of their units.”

The real estate body raised concern that development of projects is being slow because of certain regulatory bottlenecks.





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