MOHALI:
Enhancement charges refer to the additional amount paid to landowners against acquisition. At the time of the allotment of these plots, GMADA had obtained an undertaking from the allottees, for payment of enhancement charges as decided by the authority.
Residents had moved plea in HC
As per residents, the initial enhancement amount, in 2013, was ₹300 crore but as GMADA failed to collect it in a timely manner, it ended up adding ₹288 crore in interest, which it tried to shift onto the allottees. The allottees had then moved the Punjab and Haryana high court, challenging the decision. The latest proposal is an outcome of the residents' plea in the HC in October last year.
This story is from the January 05, 2025 edition of Hindustan Times Chandigarh.
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This story is from the January 05, 2025 edition of Hindustan Times Chandigarh.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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