The Economic Times daily newspaper is available online now.

    NAREDCO seeks relief from Maharashtra govt for projects around Flamingo Sanctuary

    Synopsis

    The state government is yet to share the proposal with the central government for the final notification, for Thane creek flamingo sanctuary, along with two other sanctuaries--Deolgaon Rehekuri sanctuary and the Malvan marine sanctuary.

    ​NAREDCO
    NAREDCO requests that the process of approval be expedited. The Eco-Sensitive Zones (ESZ) now proposed is much lesser than the 10km area, and consequently will clear projects for construction activity.
    Realty developers’ body National Real Estate Development Council (NAREDCO) has urged the government of Maharashtra to expedite the clearance for Eco-sensitive zones.

    This is to allow developers for construction around the Flamingo Sanctuary considering eco-sensitive boundary, as per the draft notification; and without insisting on the standard buffer zone of 10 km.

    In a letter to Manu Kumar Srivastava, additional chief secretary (forests) - revenue and forest department, NAREDCO has highlighted that the pending of final notification has adversely impacted the development in major portions of Mumbai, Thane and Navi Mumbai.

    The state government is yet to share the proposal with the central government for the final notification, for Thane creek flamingo sanctuary, along with two other sanctuaries--Deolgaon Rehekuri sanctuary and the Malvan marine sanctuary.

    According to NAREDCO, over 5,000 projects are impacted due to delay in issuing of final notification.

    “The ongoing shortage of labor, combined with the collective delay in completion, has become a major challenge for developers. This clubbed with liquidity crunch and rising price of raw materials will make it difficult for developers to stay afloat till the Covid 19 pandemic passes. We urge the government to work towards clearing this impediment at the earliest,” said Rajan Bandelkar, President, NAREDCO Maharashtra.

    Also, representatives of NAREDCO recently met Ministry of Environment and Forest (MoEF) Expert Committee members to discuss long-pending MOEF issues for fast-tracking and framing model conditions for housing and construction projects requiring prior environmental clearance.

    NAREDCO requests that the process of approval be expedited. The Eco-Sensitive Zones (ESZ) now proposed is much lesser than the 10km area, and consequently will clear projects for construction activity.


    (You can now subscribe to our Economic Times WhatsApp channel)
    (Catch all the Business News, Breaking News Budget 2024 News, Budget 2024 Live Coverage, Events and Latest News Updates on The Economic Times.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    ...more
    The Economic Times

    Stories you might be interested in