The wait to get the keys of the flat in Delhi-NCR will increase further, due to which the problems of home buyers will increase.

Photo:FILE real estate

Delhi-NCR There is bad news for lakhs of home buyers waiting to get the keys of their flat. In fact, a ban has been imposed on non-essential construction after pollution levels reached record levels in Delhi-National Capital Region (NCR). This will delay the completion of the residential project. Developers say the one-month construction ban delays the project by at least three months. Due to non-completion of the project, it will not be possible to give possession to home buyers. This means that the problems of people waiting to get their homes will increase. They will have to wait longer.

GRAP-3 implemented to reduce pollution

The Centre’s pollution control panel on Thursday imposed GRAP-3, directing a ban on non-essential construction work, stone breaking and mining in entire Delhi-NCR, including Delhi, Gurugram, Faridabad, Ghaziabad and Gautam Buddh Nagar. However, this restriction exempts railway services or stations, metro rail services and stations, airports, inter-state bus terminals, national security or defence-related activities or projects of national importance, hospitals or health care facilities. On the ban on construction, G Hari Babu, national president of real estate developers’ body NAREDCO, said everyone is worried about pollution but we should understand that stopping construction for a month will delay the project by at least three months. She goes. Besides, it also impacts livelihood. Since the sector is one of the largest employers of unskilled labor in the country, the impacts are huge.

Real estate sector worried about this move

Manoj Gaur, national president of the Confederation of Real Estate Developers Association of India (CREDAI), said the real estate sector fully supports the efforts of the authorities to curb rising pollution, but it also has some reservations. A month-long ban on manufacturing activities will delay project completion by at least two to three months, he said. The real estate sector is worried about the move as project costs may increase and the livelihood of construction workers may be affected. He said that despite these challenges, developers actively take measures to reduce pollution, such as regular water sprinkling and installation of anti-smog machines, following the guidelines of the National Green Tribunal (NGT) and the Central Pollution Control Board. Gaur said, “It is expected that developers will follow the guidelines set by various government agencies during the GRAP period. “Also the main source of pollution is vehicular pollution and dust on roads which needs to be controlled and managed.”

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