COMMITTEE TO PROVIDE CUSTOMISED POLICY INPUTS FOR A STRUCTURED AND TRANSPARENT REAL ESTATE ECOSYSTEM: HARDEEP SINGH MUNDIAN
Face2News/Chandigarh
The Punjab Government has constituted a sector-specific committee to prepare a customised transformation roadmap for the real estate sector aimed at promoting structured engagement between the real estate industry and the government. The committee has been formed under the Department of Housing and Urban Development to provide policy inputs for a progressive, transparent and investment-friendly real estate ecosystem in Punjab.
Disclosing this, Punjab Housing and Urban Development Minister Sh. Hardeep Singh Mundian said the initiative seeks to create a best-in-class policy model through active collaboration with leading stakeholders from the real estate sector. The Cabinet Minister said that the Chief Minister S. Bhagwant Singh Mann-led government is committed to fostering a conducive environment for sustainable growth, ease of doing business and investor confidence in Punjab’s housing and urban development landscape.
He informed that the committee includes Sh. Deepak Garg (Director, Marbella Group) as a Chairperson and Sh. Rupinder Singh Chawla (MD, CEE ENN Promoters and Developers Pvt. Ltd) as the Vice-chairman. The members include Sh. Umang Jindal (CEO, Homeland Group); Sh. Sukhdev Singh (Director, AGI Group); Sh. Pardeep Kumar Bansal (Director, HLP Group); S. Baljeet Singh (Director, Jubilee Group); Sh. Deepak Makhija (Business Head Punjab, EMAAR Group); S. Rupinder Singh Gill (MD, Gillsons Construction Ltd); Sh. Rohit Sharma (Executive Director, DLF Group); Sh. K.K. Sharma Kuku (Director, SG Group); Sh. Mohinder Goel (Chairman, Affinity Group); Sh. Varun Dham (Director, KLV Builders) and Sh. Amarinder Singh Malhi, ACA, GMADA as Member Secretary.
The Cabinet Minister said that the core task assigned to this committee is to provide the government with structured and practical policy inputs tailored to Punjab’s real estate landscape, keeping in view the state’s fiscal and structural framework. The committee will study the best practices and policy frameworks adopted by other states and develop recommendations that align with Punjab’s developmental priorities. The committee will submit its written recommendations within six weeks of the issuance of the notification.
Requisite support to the committee will be provided by the Member Secretary, who will also coordinate meetings and maintain the minutes of proceedings.
S. Hardeep Singh Mundian said the constitution of this committee is a proactive step toward strengthening transparency, accountability and investor-friendly reforms in the real estate sector.