The Hindu Business Line : Haryana refunds licence fee to DLF

CHANDIGARH: Realty firm DLF has been refunded the licence fee amounting to Rs 203 cr by the Haryana government for its proposed real estate projects in Gurgaon. “Yes, we have refunded Rs 203 cr as license fee out of the total demand of Rs 240 cr raise d by DLF for its projects in Gurgaon,'' said Mr P P Singh, District Town Planner (Head Quarter).

DLF had demanded refund of Rs 240-cr licence fee for its commercial projects and IT park proposed to be set up in Gurgaon. “The company had proposed to set up commercial projects at an area of 120 acres and an IT park in 30 acres in Gurgaon,'' he informe d.

He said in the last two years, the state received licence fee amounting to Rs 3,000 cr when the realty sector was booming and “Now, out of Rs 3000 cr, the state received a demand for the refund of Rs 600 cr from the companies''. Haryana used to collect licence fee in the range of Rs 400-500 cr per annum, but because of the sudden boom in the real estate market in the last 2-3 years, the collection reached a whopping Rs 3,000 cr. – PTI

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