Wednesday, January 8, 2014

Haryana opens commercial zones for housing

Haryana opens commercial zones for housing
Indian Express

In A move that is likely to impact construction in urban areas, particularly the NCR, the Haryana government has decided to grant mixed land use licences in commercial zones. The move will now allow developers to build residential properties in commercial complexes.

The government has already been allowing the reverse — integrated commercial complexes in residential areas.

So far, licences in designated commercial zones/commercial belts in development plans have been granted exclusively for integrated commercial complexes but under the new Mixed Land Use (Commercial/Residential) Licensing Policy, these complexes can now house residential properties.

There are, however, a few riders. The projects will only be allowed beside sector roads or service roads of minimum 30 metres width.

Their minimum area will have to be 10 acres, irrespective of the potential zones while the maximum area cannot exceed 50 per cent in Gurgaon-Manesar; 30 per cent in Faridabad-Ballabhgarh and 10 per cent in the rest of the state.

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