Archive · 22 Aug 2025
NAREDCO Welcomes Andhra Pradesh's NALA Act Repeal
NAREDCO, a real estate group, is happy about Andhra Pradesh's decision to get rid of the NALA Act.
Instead, they will now use External Development Charges (EDC) for approving new buildings.
NALA charges used to change a lot, but NAREDCO wanted them to be lower and easier to understand.
They are thankful to the Chief Minister and other leaders for this decision, as it should help real estate and make it easier to do business.
NAREDCO welcomed the Andhra Pradesh government's decision to repeal the NALA Act.
The government will implement External Development Charges (EDC) for approvals.
NALA charges previously varied between 9-10%, 2-3%, and then increased to 5%.
NAREDCO advocated for reduced NALA charges and a single-window approval system.
NAREDCO expressed gratitude to the Chief Minister and other officials.
- Who
- NAREDCO, Andhra Pradesh government
- What
- The Andhra Pradesh government's decision to repeal the NALA Act and implement EDC.
- When
- The decision was made during a Cabinet meeting.
- Where
- Andhra Pradesh
- Why
- To reform approval processes, address NALA charges, and boost real estate.
- Event
- Repeal of NALA Act
- Organization
- NAREDCO
- Location
- Andhra Pradesh
- Government Action
- Repealing NALA Act
- New System
- External Development Charges (EDC)
