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NAREDCO lauds Govt’s guidelines on green clearance

Projects

The real estate industry body, National Real Estate Development Council (NAREDCO), has lauded government’s efforts to set up guidelines for speedy approvals of the projects submitted for environment clearance. The guidelines will ensure that the projects are cleared by both state environment impact assessment authority (SEIAA) and state expert appraisal committee (SEAC) within six months of submission of all relevant documents as against one to two years required currently. A present, nearly 1,000 proposals are pending for such clearances with various environment departments/committees across India. This has caused to choke-up of supply substantially.

All real estate projects over 20,000 sq. m. needs environment clearance, and usually the process involves getting clearance from two bodies—SEIAA and SEAC—wherein the basic parameters of the stipulated guidelines are fixed for approval process.

NAREDCO, together with many developers, had approached the government, to initiate steps that can shorten the duration for environmental approvals for speedy project clearance. The industry body had also pointed out that since the approvals of projects is handled by the respective Building Proposal Departments, i.e. their respective ‘wards’, the approval criteria with respect to local by-laws should be governed by the local approving authorities. The projects can then be whetted by environmental clearance committee on environmental hazards, etc.

Speaking on the guidelines issued by the ministry of environment & forests, Sunil Mantri, vice president, NAREDCO, said “We welcome the move, as this will ensure that many projects that have been stuck due to clearance approvals will now be able to see the light of the day. With the recent notification issued by the Govt. of India, only pertinent information will be sought while issuing clearances by both the committees and clearance of the project will be carried out in a time bound manner.” He further added that once SEAC gives its approval and recommends to SEIAA the application will be disposed off within 45 days. “NAREDCO is hoping that the environment clearance will be issued by both the authorities, within a time span of 60 days and 45 days respectively, thus reducing the time frame to within six months, which presently takes 1-2 years,” he added.

Further, NAREDCO has urged the ministry to reduce the timeframe for clearance to 30 days from present 45 days. This would ensure that projects are cleared within three months from both the committees and aid in the creating better supply in the housing sector.

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June 2020
10 Jun 2020