Mumbai Real Estate Firms : Token Strike on April 27, 2012

Mumbai's real estate sector to organise a day's token strike on April 27, 2012 against the policy paralysis, lack of continuity in policies & decisions taken by the state government and the civic body and inordinate delays in getting various clearances.
Mr. Paras Gundecha, MCHI

There has been 14.80% decline in property registration (sales &  purchases) during January to March 2012 in Mumbai.

Mr. Paras Gundecha, President, MCHI (Maharashtra Chamber of Housing Industry) 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 rise buildings instead of examining structural stability keeps on asking other issues which are not in its jurisdiction. It takes a long time to get approval from the committee. Besides, it takes at least 2 years to get building plans passed by the Brihan Mumbai Municipal Corporation. It needs to be expedited."

Mr. Paras  Gundecha also said, ''More than 455 files of various projects await environment clearance. Even though in Gujarat, Punjab & Kolkata the environment clearance gets in eight to ten months it needs at least 2 years in Mumbai. The state government's intervention to fast track these clearances especially from the ministry of environment & forest is required"

Mr. Sachin Ahir, Minister of State for Housing, said, '' The government is quite open for talks. I want to appeal the builders and developers to reconsider its plan to go on a token strike"




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