The Hindu : Andhra Pradesh / Hyderabad News : Builders to be put under two categories

Online edition of India's National Newspaper
Wednesday, Mar 07, 2007
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Andhra Pradesh

Andhra Pradesh - Hyderabad

Builders to be put under two categories

Staff Reporter

HYDERABAD: Exactly a year after the Government had released Hyderabad Revised Building Rules, the MCH is currently involved in preparing a blueprint to start registration of builders as mentioned in it.

The planning wing is considering categorising builders into two -- those taking up high-rise multi-storied constructions and those taking up constructions of a relatively smaller scale of up to 15 metres of height.

Although officials involved in the exercise are tight-lipped on the precise details, it is learnt that the builders will have to pay a few lakh of rupees as a security deposit to get themselves registered.

Obviously, the bigger builders will have to shell out more than the smaller guys. However, both categories of builders will have to be income tax assesses in order to be eligible for taking up any future real constructions in the twin cities.

The registrations are said to be valid for five years on completion of which the builders will have to apply afresh.

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