The implementation of Graded Response Action Plan (GRAP-IV) measures, which ban all construction activities in Delhi NCR due to alarming pollution levels, has created a ripple effect in the real estate sector. While the initiative prioritizes public health, it has also raised significant concerns about delays in project delivery, financial strain, and the livelihoods of workers.
GRAP-IV and Its Implications on Real Estate
GRAP-IV bans construction activities to curb pollution caused by dust and other emissions. While developers acknowledge the critical need to address pollution, they argue that projects already adhering to stringent RERA guidelines should be exempt.
Manoj Gaur, President of Credai, emphasizes, “Pollution control is essential, but halting construction delays projects, increases costs, and affects developer obligations under RERA. Exempting projects nearing completion can strike a balance between public health and economic stability.”
Challenges Faced by Developers
The ban has led to financial burdens, particularly for developers nearing project deadlines. Sanjay Sharma, Director of SKA Group, highlights, “A one-month halt can delay project timelines by up to three months, increasing costs and affecting worker livelihoods.”
Kushagr Ansal, Director of Ansal Housing, adds that while the industry supports environmental initiatives, the restrictions can have unintended consequences, such as financial hardships for workers and delays in housing deliveries.
Sustainable Practices to Mitigate Delays
Developers advocate for allowing non-polluting activities such as carpentry, plumbing, and interior fittings during construction bans. Amit Modi, Director of County Group, suggests this approach ensures minimal disruption to project timelines while complying with environmental mandates.
“Non-polluting activities like internal wiring, aluminum fittings, and horticulture should continue to avoid unnecessary delays,” adds Nayan Raheja of Raheja Developers.
Balancing Health and Development
While supporting GRAP-IV, industry leaders urge authorities to adopt a more nuanced approach, considering the real estate sector’s efforts to implement sustainable practices. Ajendra Singh, VP of Spectrum@Metro, states, “Sustainable methods and technological advancements can help balance public health priorities with project delivery timelines.”
Conclusion
GRAP-IV highlights the critical need for environmental responsibility in Delhi NCR. Developers advocate for a collaborative strategy, combining pollution control with mechanisms to ensure timely project delivery and economic stability, ensuring progress without compromising public health.