Developers are allowed to begin development at 45 construction sites after endorsement and destinations with under 10 specialists need not take any endorsement to restart work, GMDA CEO VS Kundu told ET.
The Gurugram Metropolitan Development Authority (GMDA) has affirmed 25 undertakings for promptly restarting development movement, with severe guidelines to the manufacturers to keep up social separating standards during work.
Developers are free to start construction at 45 sites after approval and sites with less than 10 workers need not take any approval to restart work, GMDA CEO VS Kundu told ET.
The endorsed projects incorporate land undertakings of Developers including DLF and M3M, alongside some foundation ventures.
“Small sites can start work without taking approval while we are giving instant approval to those outside the containment zones. About 1,700 applications have been received, of which 300 have been granted approval, which include 45 construction sites. The rest are manufacturing units,” said by Mr. Kundu.
The Union home minister had permitted development to continue after April 20 however a large portion of the towns in the National Capital Region (NCR), aside from Gurugram, chose to proceed with the boycott.
As per a report by Prop Equity, Gurugram saw a 51% month-on-month fall in new dispatches in the main quarter of 2020, while Noida saw a 9% expansion in new dispatches. Deals fell 26% month-on-month to 1,177 units during the January-March period in Gurugram.
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