#WeeklyNewsRoundUp: EDMC To Regularise Illegal Houses Built Before April 2017

The East Delhi Municipal Corporation (EDMC) will soon start regularising east Delhi's unauthorised houses built before April 1, 2017. The conversion of properties into authorised constructions is expected to result in a sudden rise of property tax collection and also help increase the value of properties in east Delhi. The property tax collection will help the EDMC to bridge the gap between income and expenditure.

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The Supreme Court has expressed shock that welfare schemes were not effectively implemented even after spending thousands of crore, and has asked the government why these schemes were even being formulated. The top court slammed states of Uttar Pradesh, Haryana and West Bengal for not giving complete details of expenditure of funds allocated by the Centre under the scheme for urban homeless

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The Haryana government has approved the master plan for Faridabad for the year 2031. The State-level Committee of the Town and Country Planning Department has finalised the Draft Development Plan for an expected population of 38 lakh till 2031.

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Central government employees can now take advance of up to Rs 25 lakh for construction or purchase of homes at a simple interest rate of 8.50 per cent, under the House Building Scheme. Earlier, the maximum borrowing limit was Rs 7.5 lakh with interest rate slabs ranging from 6 per cent to 9.5 per cent. The amount for expansion of the house has also been revised to a maximum of Rs 10 lakh against the earlier Rs 1.8 lakh.

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The trial runs on the Delhi Metro's Mundka-Bahadurgarh stretch is set to begin in December. The 11-km-long line from west Delhi will make Bahadurgarh the third Haryana township in the Metro's fold, after Gurgaon and Faridabad. The corridor, which is an extension of the Inderlok-Mundka Green Line (Line 5), is scheduled to be commissioned in June 2018.

 Source: Media reports