Approval Clearance Delays : Developers to Protest

Mumbai's real estate sector has taken a decision to protest decision deficit and policy paralysis in the state and central governments and various agencies.

A large number of real estate  organisations, including  MCHI (Maharashtra Chamber of Housing Industry) and CREDAI (Confederation of Real Estate Developers' Association of India), have joined hands to go on a token strike and sit-in dharna on May 3, 2012 to protest the lack of continuity in policies and inordinate delays in getting clearances for various projects.

The Practicising Engineers, Architects &  Town Planners' Association would take a call on April 26, 2012 on its participation in the proposed strike.

Mr. Paras Gundecha, President, MCHI, said: "There are couple of issues which we have been flagging off with the government & civic authorities time and again. However, there has not been any major improvement. A committee appointed by the state government for high-rises does not examining structural stability; instead, it keeps on asking about other issues which are not in its jurisdiction. It takes a long time to get approval from the committee. Besides, it takes minimum 2   years to get building plans passed by the the Brihan Mumbai Municipal Corporation. All this needs to be expedited."

Mr. Paras Gundecha also said, "Minimum  455 files of various projects await environment clearance. In Gujarat, Punjab & Kolkata, the environment clearance is given in about eight to ten months. But in Mumbai, it takes at least 2 years. The state government's intervention to fast-track these clearances, especially from the ministry of environment and forest is required"

Share:

No comments:

Post a Comment

Popular Posts

Blog Archive

Recent Posts

Featured Post

Mutual Fund Investment Tracing and Retrieval Assistant – MITRA – SEBI

Mutual Fund Investment Tracing and Retrieval Assistant – MITRA – SEBI   SEBI proposes MITRA to reduce unclaimed amount in mutual funds...