Home Urban Infrastructure News Realty News Green Signal for Real Estate projects in 60 days soon

    Green Signal for Real Estate projects in 60 days soon

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    Green Signal for Real Estate projects in 60 days soon

    The Government is planning to cut down the whole process of environmental clearance to real estate projects to 60 days in a few days to come. Environmental clearances used to be stumbling blocks before 2014. Average time taken to clear projects was 640 days. The Government made processes so easy that now it takes only 108 days for a project to get environmental clearance.

    Small procedural delays can be done away with, without compromising on environmental clearances. The priority is both environmental protection and development, only then our country can become a five-billion dollar economy.

    The Ministry of Environments and Forests is in the process of issuing standard conditions for every project such as waste recycling and water harvesting as per the size of the real estate project. And these conditions will not be more than 10. The government will introduce fewer conditions, but ensure their fullest implementation.  If need be, they will amend the law so that you get the ease of doing responsible business. Because freedom is never a one-way street. The Union Environment Ministry is also in discussion with states to make the environmental process smoother and less time consuming.

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