From the ed­i­tors Desk

Realty Plus - - Letter’s To The Editor - Sapna Sri­vas­tava

The real es­tate sec­tor on the path to be­com­ing a reg­u­lar­ized sec­tor, has seen the strength of RERA in states like Ma­ha­rash­tra, where the RERA body has be­come a con­cil­ia­tor be­tween the builders and the buy­ers and the slack­ened progress in some other states like Haryana where it is still to take off even af­ter one year. The strong ac­tions by the ju­di­ciary to try and find so­lu­tions to de­vel­oper’s fi­nan­cial cri­sis as in the case of JP In­fra­struc­ture are also a wel­come change. What’s wor­ri­some for Mum­bai is the con­tro­ver­sial Mum­bai Devel­op­ment Plan 2034 pro­vi­sions, of tran­sit ori­ented devel­op­ment and con­struc­tion on salt pan and man­groves land that if im­ple­mented in­dis­crim­i­nately can choke the city. The DP seems more in­clined to­wards de­vel­oper’s in­ter­est than the city’s in­ter­est & well­be­ing. While we dis­cuss all these and more top­ics in this is­sue, we will also be tak­ing for­ward such im­por­tant dis­cus­sions in our events. The forth­com­ing “Realty Plus Con­clave & Ex­cel­lence Awards, 2018 – Gu­jarat” to be held in Ahmed­abad in June will present a Smart City Con­clave with the renowned pro­fes­sion­als of Gu­jarat shar­ing their crit­i­cal view and opin­ions on the sub­ject.

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