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Architexturez > Mail > [ In-Enaction ] Re: Delhi Developers: A vertical city (with prongs!)

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+  From: "Architexturez." <interface.services@xxxxxxxxxxxxxxxxx>
+  Date: Sun, 25 Feb 2007 14:09:42 +0530
Architexturez. wrote:
ref: Whither Delhi?
http://mail.architexturez.net/+/MPISG-Media/archive/msg00238.shtml

ref: L-G calls for major changes in urban planning
http://mail.architexturez.net/+/In-Enaction/archive/msg00007.shtml

A vertical city like any other in the world


Anew New Delhi is in the making, inspired as much by Manhattan as by Vancouver. The Master Plan 2021 for the capital is ready but doesn’t seem to have too many takers. Will it spoil our city? While that is debatable, the good news is that as the city’s skyline moves upwards, realty prices might just head downwards, making real estate more affordable in and around Delhi.

Two-pronged approach for real estate development in Delhi

Gaurav Vivek Bhatnagar

Union Ministry is contemplating a single-window clearance system


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A Real Estate Regulatory Authority Bill is being drafted to regulate all stakeholders
The Government is also preparing a policy on private participation
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NEW DELHI: To facilitate public-private participation in real estate development in Delhi, the Union Urban Development Ministry is contemplating a single-window clearance system. This would be part of a policy that would take into account aspects of structural safety while regulating all activities of builders and protecting the interests of the end-users.

According to the Union Minister of State for Urban Development, Ajay Maken, the new Master Plan for Delhi-2021 having laid the foundation for participation by private players in creation of housing stock, the Government has now taken up a two-pronged approach to carry the move forward.

A Real Estate Regulatory Authority Bill is being drafted to regulate all stakeholders. "The Authority would act as a watchdog and protect the interests of the buyers.''

The Authority would also ensure that fly-by-night operators do not enter the scene and the housing needs of the Capital are addressed through reputed and reliable builders.

The Government is also preparing a policy on private participation that would decide on issues pertaining to land pooling as also development of new areas.

cont'd....
http://www.hindu.com/2007/02/24/stories/2007022413460400.htm


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