Uttar Pradesh Housing Board Scraps Betterment Fee and NOC Requirement
What happened
The Uttar Pradesh Housing Board scrapped the betterment fee and the requirement for a no-objection certificate for development within 500 metres of its housing colonies in Ghaziabad. This change follows concerns that the betterment fee was inconsistent with the UP Building Construction and Development Byelaws 2025, which seeks to accelerate urbanization.
From indiatimes.com
Why it matters
The removal of the fee and the NOC requirement is expected to reduce costs and delays for developers in the area. Previously, the betterment fee was charged because surrounding areas benefited from improved infrastructure and amenities.
From indiatimes.com
Who's involved
- RajeshHighlighted fee inconsistencies administered by the Uttar Pradesh Housing Board
- Uttar PradeshState where the Uttar Pradesh Housing Board administers projects
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Uttar PradeshSpeculative
Developers in Uttar Pradesh might see reduced project costs and faster approval times due to the removal of procedural hurdles.