Haryana Extends Settlement Scheme for Faster EDC Recovery
GURUGRAM: The Haryana government has extended its one-time settlement scheme while tightening financial terms to discourage developer delays. The extension of the “Samadhan Se Vikas” scheme until March 31, 2026, addresses long-overdue external development charges (EDC) related to licensing and land use across the state. EDCs are mandatory fees imposed by local governments on developers to support essential infrastructure and amenities outside project boundaries—like roads, water, sewage, and parks—ultimately passed on to homebuyers. According to officials, this decision by the Department of Town and Country Planning (DTCP) came after assessing the “slow pace of recovery under earlier deadlines” amid rising…