Chandigarh, October 10
The Punjab Government has established a sector-specific committee to create a roadmap for transformative reforms in the real estate sector, fostering collaboration between the government and industry stakeholders. Formed under the Housing and Urban Development Department, the committee aims to provide policy inputs to build a progressive, transparent, and investment-friendly real estate ecosystem in Punjab.
Objectives and Leadership
Hardeep Singh Mundian, Punjab’s Housing and Urban Development Minister, announced that the committee will develop a robust policy model with active collaboration from key real estate stakeholders. He emphasized that under Chief Minister Bhagwant Singh Mann’s leadership, the government is committed to sustainable development, ease of doing business, and creating an investor-friendly environment in the housing and urban development sectors.
The committee is chaired by Deepak Garg (Director, Marbela Group), with Rupinder Singh Chawla (MD, CEEN Promoters and Developers Pvt. Ltd.) as Vice-Chairman. Members include:
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Umang Jindal (CEO, Homeland Group)
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Sukhdev Singh (Director, AGI Group)
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Pradeep Kumar Bansal (Director, HLP Group)
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Baljeet Singh (Director, Jublee Group)
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Deepak Makhija (Business Head Punjab, Emar Group)
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Rupinder Singh Gill (MD, Gillsons Construction Ltd.)
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Rohit Sharma (Executive Director, DLF Group)
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K.K. Sharma Kukku (Director, SG Group)
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Mohinder Goel (Chairman, Affinity Group)
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Varun Dham (Director, KLV Builders)
Amarinder Singh Mallhi (ACE, GMADA) will serve as Member Secretary.
Mandate and Timeline
The committee’s primary task is to provide structured and practical policy recommendations tailored to Punjab’s financial and infrastructural framework. It will:
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Study best practices and policy frameworks from other states.
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Offer suggestions aligned with Punjab’s development priorities.
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Submit written recommendations within six weeks of the committee’s notification.
The Member Secretary will provide logistical support, coordinate meetings, and prepare minutes of proceedings.
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Strategic Importance
Minister Mundian highlighted that the committee’s formation is a significant step toward enhancing transparency, accountability, and investor-friendly reforms in Punjab’s real estate sector. “This initiative will ensure a collaborative approach to policy-making, creating a sustainable and thriving real estate ecosystem,” he said.
