According to real
estate developers' body CREDAI, The Supreme Court has directed the Maharashtra
government to remove "private forest" tag attached to huge land
parcels across the state and this move is likely to give a push to development
of real estate in such vacant areas.
Mr.Lalit Kumar Jain,
Chairman, CREDAI and MD, Kumar Urban development(KUL). “It’s a good verdict
given by the highest court of the land. We are happy to hear this judgement as
it will finally pave the way for development of forest land which has been
lying vacant for years & most importantly regularize the homes of people
living there. This can also set a precedent for development of huge government
owned land like the Railways, Bombay Port Trust etc, which are being misused
and illegally encroached by slum dwellers, should be freed for
development"
According to CREDAI,
Supreme Court verdict is big reliever to residents & developers. The new
ruling is likely to open up hundreds of acres of private forest land in the
suburban Mumbai. “It’s a good learning for government who should make the
process of approvals much faster and implement the single window clearance
system.” added Mr. Jain.
No comments:
Post a Comment