Naredco welcomes Haryana Cabinet’s nod to GMDA Bill

The National Real Estate Development Council (Naredco) has welcomed the clearance given to the Gurugram Metropolitan Development Authority Bill 2017 by the Haryana Cabinet. It has extended its full support in furthering the implementation and working towards the smooth functioning of the Authority.

A press release issued by Naredco said GMDA coming into action will look into the holisitic development of the city’s infrastructure and the socio-economic development of Gurugram. It will work towards the overall growth and development and will pave the way for a cleaner city, with smart transportation and mobility solutions, the release added.

Parveen Jain, President of Naredco, said, “We congratulate Honourable Chief Minister, Shri Manohar Lal Khattar on clearing the Bill. His appointment as the Chairman of the new Authority shall be the real game-changer for the millennium city. The formation of Authority will not just boost the city’s growth and development but will also generate more employment opportunities. In addition to these, the formation of the authority will have a direct impact on the infrastructure development of the city.”

Jain pointed out that the real issue which needs to be tackled for fast delivery of projects and in which GMDA can play the key role is to adopt a system wherein all the approving authorities can be brought under the same roof or under GMDA itself. Presently, he said, the developer has to run to different authorities in different places with different time frames for various clearances and approvals of the same project.