on march 31 2020 outstanding amount to be recovered in three years in six installments security in form of bank guarantee or hypothecation must for availing benefitpending dues include edc licence fee the unpaid dues include external development charges edc and license fee the punjab government charge promoters edc at the rate of rs 27 lakh per acre and license fee of rs 3 lakh per acre for residential plotted colony for group housing it charges rs 87 lakh per acre as edc and rs 375 lakh per acre as license fee in cases where group housing falls in area for which master plan is not notified the promoter is charged double the rate prescribed for residential plotted development