Green nod for real estate projects in 60 days: Javadekar

Environmental clearance for real estate projects will soon be reduced to 60 days, Union Environment and Forests Minister Prakash Javadekar said on Monday.

Speaking at the 15th national convention of the National Real Estate Development Council (NAREDCO), Javedekar said that his ministry intends to reduce the whole process of environmental clearance to real estate project to 60 days, in a few days from now.

He said environmental clearances used to be stumbling block before 2014. 

"Average time taken to clear projects was 640 days. After we took over, we made processes so easy that now it takes only 108 days for a project to get environmental clearance," Javadekar said.

The minister emphasized that small procedural delays can be done away with, without compromising on environmental clearances.

"Our priority is both environmental protection and development, only then can our country become a five-trillion-dollar economy. That's why the suggestions of institutions like NAREDCO are very important," he told the gathering.

Javadekar said that his ministry is in the process of issuing standard conditions for every project, such as water recycling and water harvesting as per the size of the real estate project. And these conditions will not be more than 10.

"We are bringing about a regime change. We will introduce fewer conditions, but ensure their fullest implementation. If need be, we will amend the law so that you get the ease of doing responsible business. Because freedom is never a one-way street," the minister added, according to a statement.

He said that the Environment Ministry is also in discussion with states to make the environmental process smoother and less time consuming. 

The states must realize that the Centre has delegated environmental protection to them so they must do it with a sense of responsibility, he said. IANS