#RealtyNewsRoundup: Green Rules Eased For Non-Polluting Industrial Projects, Real Estate May Follow Suit
Haryana government is planning to denotify areas marked as controlled areas in the state. With 113 notified areas in Gurgaon, the entire district is currently under the Controlled Areas Act, 1963. This means every construction needs permission from the Department of Town and Country Planning. Once an area is denotified, a landowner can take up construction there without seeking DTCP's approval.
Industrial projects in the "non-polluting" category will not have to obtain the "consent" certificate under the air and water pollution control laws, a move intended to reduce red-tape and steam line the rollout of projects. The decision, likely to attract criticism for diluting green norms, looks to simplify procedures to fast-track real estate projects as well.
The Greater Noida Industrial Development Authority has started sealing 382 flats and villas allegedly built in violation of permissions at Supertech Czar Suites in Greater Noida. Recently, the Allahabad high court had directed GNIDA not to issue completion certificates for the project and take appropriate action against the builder for constructing residential units in violation of sanctioned building plans.
Realty developer Housing Development and Infrastructure Ltd (HDIL) is planning to launch its new budget homes brand in Mumbai Metropolitan Region (MMR). Under this brand, HDIL will provide affordable homes within the price bracket of Rs 50 lakh inclusive of stamp duty and registration in Mumbai Suburbs and within Rs 20 lakh range including stamp duty and registration charges in Vasai-Virar region.