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Moratorium on construction would impact the whole industry: Dr Niranjan Hiranandani – Sr Vice President- ASSOCHAM

 

Tuesday, July 02, 2019


Bengaluru 2nd July 2019
: With Bengaluru reeling from water shortage, the Karnataka government is now mulling a moratorium on construction of new apartments in the city for the next five years.
 
According to Deputy Chief Minister and Bengaluru Development Minister Dr G Parameshwara, there were several developers going ahead with construction and sale of apartments without making adequate arrangements for a basic necessity like drinking water, it is in this regards that the state government is seriously considering clamping a five-year ban on granting permissions for construction of apartments. This step would be detrimental for both the construction industry and the consumers as a whole.
 
"We believe that it is a very drastic step for the construction industry and the concerned stakeholders. Just because of a few bad apples, the entire community is been wrongly punished. If the state government goes ahead with its plans, there would be an artificial scarcity of houses which would result in the jacking up of prices. The government should work on alternative solutions to make water available via replenishing methodology and reusable solutions," stated Niranjan Hiranandani, CMD of Hiranandani Group and SR.VP- ASSOCHAM
 
He further added that there are hundreds of people directly and indirectly dependent on construction for their livelihood as it is the second largest employment generating industry. "Banning construction would render all those people jobless adding further woes to unemployment. The government needs to take all that into consideration before taking the drastic measure," he informed.
 
The state government should consider the best alternative method of water conservation by rain water harvesting in monsoons and recycle through sewage treatment plant. This recycled water shall be of use for secondary purpose like washing, flushing, gardening and construction which will help in reducing the dependency on ground portable water by nearly 30%. This shall be helpful in salvaging the water crisis prevailing in the city. Retrofitting of rain water harvest and sewage treatment plant at the real estate projects is an ideal solution to conserve rain water in abundance. The Municipal corporation should make it mandatory to incorporate these plants at the planning stage for better treatment and solutions. These corrective measures will help the Tech city from rebooting water system. 
 
 
About ASSOCHAM:

ASSOCHAM initiated its endeavour of value creation for Indian industry in 1920. It was established by promoter Chambers, representing all regions of India. Having in its fold over 400 Chambers and Trade Associations, and serving over 4.5 lakh members across India. ASSOCHAM has emerged as the fountainhead of Knowledge for Indian industry, which is all set to redefine the dynamics of growth and development in the Knowledge Based Economy. More information available on
www.assocham.org
 
For further details, please contact:
 
Manju Negi
AVDHESH SHARMA    
ASSOCHAM
ASSOCHAM    
011-46550509; +919810910911
011-46550508; +918527639419

 

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