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Urban Development | August 04, 2013
#37658

Secretary highlights key areas for sustainable development

Urban Development Secretary Sudhir Krishna said pointed out that there are many areas which require equal attention for sustained development in urban areas. These include recycling of waste materials and water, solid waste management, rain water harvesting, emission reduction, soil conservation.

   

Krishna said this at the National Real Estate Summit organised by the PHDCCI.

   

Addressing the summit, Krishna said streamlining of property records is being done" under JNNURM. He informed that Uttar Pradesh has done the streamlining under the scheme and suggested other states to follow suit.

   

Meanwhile, he said the Delhi Development Authority's (DDA) new land pooling policy can go a long way in ensuring that real estate development is integrated with economic activity for sustained growth.

   

Land pooling policy has ushered in a new development paradigm whereby land owners will get back their land dues with development around and people will benefit from the development plan.

   

Under the policy, land-owners can pool their land for development by the city's land owning agency.  But now instead of compensation, they would get back 40-60 per cent of land after development of infrastructure by DDA, which they can keep for themselves or give to private developers.

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