Haryana opens door for commercial units in licensed colonies

31 Aug 2023 CW Team

Haryana residents are on the brink of a transformative opportunity as the state approves the registration of independent floors within licensed colonies as commercial entities. A provision that was previously limited to residential units now extends to the commercial sector, marking a strategic shift in urban development.

The Haryana Development and Regulation of Urban Areas (Second Amendment) Bill, 2023, modifies Section 3-C of the act and has garnered approval from the state assembly. Notably, this amendment restricts registration to one residential or commercial unit per floor.

Anticipated to significantly attract professionals, this move empowers them to acquire personal office spaces or business locations on independent floors. Chief Minister Manohar Lal highlighted that while registration of independent floors as commercial units in licensed colonies was previously limited to sectors developed by the Haryana Shehri Vikas Pradhikaran (HSVP), this legislation aligns those in private ventures with equal opportunities.

The decision, a boon for private builders with "shops-cum-offices," opens avenues for developers to efficiently manage their inventory. Pradeep Aggarwal, founder of Signature Global (India), commended the government's progressive move, emphasising its potential to stimulate investment and business growth. This dynamic shift signifies the state's commitment to fostering a conducive business environment while ensuring urban development remains efficient and all-encompassing.

This reform's implementation is set to unleash business, investor, and entrepreneurial potential. The flexibility it offers holds the promise of attracting both domestic and international enterprises, further elevating Haryana's stature as an investment haven.

Infrastructure Urban

23 May 2025

CRCL, IIT Delhi Sign MoU to Boost Science and Ease of Business

The Central Revenues Control Laboratory (CRCL), Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Ministry of Finance, and the Indian Institute of Technology (IIT) Delhi signed a Memorandum of Understanding (MoU) toward trade facilitation and improving the ease of doing business. This MoU collaboration aims to foster R&D, innovation, and scientific excellence at CRCL, bolstering trade facilitation and regulatory efficiency.The MoU was signed by Prof. Rangan Banerjee, Director, IIT Delhi, and Shri V. Suresh, Director, CRCL, in presence of Shri Surjit Bhujabal, Speci..

Infrastructure Urban

23 May 2025

CAQM Sub-Committee Activates 27-Point Plan to Improve NCR Air Quality

The daily average AQI of Delhi has been hovering marginally above 200 threshold with forecast of slight improvement since last two days. Today, Delhi鈥檚 daily average Air Quality Index (AQI) clocked 213 (鈥楶oor鈥� category), as per the daily AQI Bulletin provided by the Central Pollution Control Board (CPCB), owing to variable winds. In wake of the average/ overall air quality of Delhi recording 鈥楶oor鈥� air quality category ranging between 201-300, the CAQM Sub-Committee on GRAP met today to take stock of the current air quality scenario of Delhi-NCR. While comprehensively reviewing the a..

Infrastructure Urban

23 May 2025

DoT Launches Financial Fraud Risk Indicator to Boost Cybersecurity

In a major step towards combating cyber fraud and financial crime, the Department of Telecommunications (DoT) has announced sharing of 鈥淔inancial Fraud Risk Indicator (FRI)鈥� with stakeholders- an output from a multi- dimensional analytical tool developed as part of the Digital Intelligence Platform (DIP) to empower financial institutions with advance actionable intelligence for cyber fraud prevention. This will enhance cyber protection and validation checks in case of mobile numbers flagged with this tool when digital payment is proposed to be made to such numbers.What is the 鈥淔inancial ..