The recent disclosures in Adarsh housing and Lavasa can have huge impact on the way the realty sectors used to operate. The unearthing of huge irregularities in these mega housing projects has led the Ministry of Environment and Forests (MoEF) to act swiftly. These projects have been served with legal notices and they are facing demolition threat. As an investor, these events are eye-openers and you must see to it that the project has environmental clearance to avoid any embarrassment and future threat of demolition.
Let us see some of the rules and regulations and the clearances that are required. You must know it well before buying a property or erecting a house. Delhi Urban Art Commission (DUAC) is the government agency that gives the final go-ahead for any major infrastructural development. Besides, you must also be aware with the environmental clearance and it will become a critical parameter soon. However, the parameters of this clearance would vary from city to city. The local level bodies involved in the clearance of property projects in Delhi involve DUAC, Yamuna Standing Committee (YSC), Delhi Pollution Control Committee (DPCC) and you must seek the go-ahead from these agencies before investing in any real-estate project.
