Mumbai
SC lifts ban on construction activity in state bringing relief to homebuyers who were troubled about delayed possession
Updated : Sep 06, 2018, 06:00 AM IST
The Supreme Court on Wednesday lifted its own order staying construction activity in Maharashtra. The development came as a huge relief to the real estate industry. It gave a new lease of life to 25,000 projects in the state including 8,000 in Mumbai and Mumbai Metropolitan Region (MMR). This also brings relief to home seekers who were troubled with the possibility of delayed possession of property. The apex court imposed a blanket ban on all construction activity in Maharashtra, Uttarakhand, Madhya Pradesh and Chandigarh on August 31 and slapped them with fines of Rs 3 lakh to Rs 5 lakh for not framing any policy under the Solid Waste Management Rules 2016.
However, Maharashtra government approached the Supreme Court with a plea to vacate the stay citing that state has already laid out solid waste management policy and rules. State urban development secretary Nitin Kareer told DNA, “The ban does not apply to Maharashtra. As a proof, we presented the solid waste management policy of Maharashtra before the Supreme Court.”
Hiranandani Communities CMD Niranjan Hiranandani hoped that the government will implement solid waste management policy in due course. “The decision of the Supreme Court brings relief to many. Across construction sites in Maharashtra, stakeholders including material suppliers will be pleased that off-take of construction material will continue,” he noted.
Builders Association of India’s infrastructure committee head Anand Gupta said the onus now squarely lies on the state government and urban local bodies for strict implementation of solid waste management policy. “Supreme Court’s decision is certainly a good news for the realty sector which is passing through uncertainty following regulatory and policy changes. This uncertainty needs to be removed for the revival of the sector,” he opined.
Nirmal Group director Rajeev Jain said the ban could have caused project delays and also losses worth millions to the people working in the sector. “Now that the ban has been lifted, the primary concern on everyone should be to minimize and control the generation of waste. If waste is managed in an efficient manner, the Supreme Court will not have any reason to take such a drastic step,’’ he viewed.
According to Ajmera Group director Dhaval Ajmera, the blanket ban would have put several things on hold and pushed developers to falter. ''Now, we hope that the concerned authorities take necessary steps to ensure solid waste management,'' he said.