Punjab to set equivalent building bylaws, developers in for benefits
Real Estate

Punjab to set equivalent building bylaws, developers in for benefits

Punjab is set to have equivalent building bylaws followed by local government departments and housing, adding benefits for developers such as reducing the minimum area for a plotted colony under the affordable housing scheme and an increase in the saleable area in commercial colonies.

An official told the media that the state has decided to reduce the minimum area from 5 acre to 1.5 acre for plotted development and reduce it from 2 acre to 0.5 acre for group housing, taking into consideration the ground reality of high land prices and unavailability of suitable land in some cities. Previously, for the commercial colonies under Punjab Apartment and Property Regulation Act (PAPRA), 40% saleable area was allowed, but now an extra benefit of 5% will be given.

Promoters who have already paid the whole amount of extra development charges (EDC) or regularisation charges do not need to pay extra connectivity charges for water and sewerage connections.

Outstanding dues of ED on real estate projects can now be paid in six half-yearly instalments along with the applicable interest by way of post-dated cheques.

Many representations have been received pointing out the differences in the norms being followed by the local government department and housing department. The approval of Change of Land use (CLU) and building plan is made under PAPRA by the two departments. As per the decision, a park will be 5% of the area of the affordable housing project. The maximum saleable area will not be more than 65% of the total site area.

For town planning schemes, a promoter who wants to develop the land into a colony will have to get a promoter license, besides a CLU and license from a competent authority. The local government department provides 5% additional floor area ratio (FAR) to the buildings which have a green rating Puda has allowed FAR of up to 10%.

Image Source


Also read: CII, Punjab govt to jointly conduct infra gap analysis

Also read: H-RERA issues directive for sale of apartments

Punjab is set to have equivalent building bylaws followed by local government departments and housing, adding benefits for developers such as reducing the minimum area for a plotted colony under the affordable housing scheme and an increase in the saleable area in commercial colonies. An official told the media that the state has decided to reduce the minimum area from 5 acre to 1.5 acre for plotted development and reduce it from 2 acre to 0.5 acre for group housing, taking into consideration the ground reality of high land prices and unavailability of suitable land in some cities. Previously, for the commercial colonies under Punjab Apartment and Property Regulation Act (PAPRA), 40% saleable area was allowed, but now an extra benefit of 5% will be given. Promoters who have already paid the whole amount of extra development charges (EDC) or regularisation charges do not need to pay extra connectivity charges for water and sewerage connections. Outstanding dues of ED on real estate projects can now be paid in six half-yearly instalments along with the applicable interest by way of post-dated cheques. Many representations have been received pointing out the differences in the norms being followed by the local government department and housing department. The approval of Change of Land use (CLU) and building plan is made under PAPRA by the two departments. As per the decision, a park will be 5% of the area of the affordable housing project. The maximum saleable area will not be more than 65% of the total site area. For town planning schemes, a promoter who wants to develop the land into a colony will have to get a promoter license, besides a CLU and license from a competent authority. The local government department provides 5% additional floor area ratio (FAR) to the buildings which have a green rating Puda has allowed FAR of up to 10%. Image Source Also read: CII, Punjab govt to jointly conduct infra gap analysis Also read: H-RERA issues directive for sale of apartments

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code