Biz Wiz

‘Builders are now taking green issues seriously’

In a few words, how would you describe the developments that have taken place or are being planned in the Delhi-NCR?

TS: It is true that Delhi/ NCR has seen a tremendous upliftment in terms of the amenities, connectivity and infrastructural development in the past few years alone. There are bigger and much better highways connecting the once far-flung corners of NCR to the heart of Delhi.
For instance, the Yamuna Expressway is one of the best feats of infrastructural achievement across the country. Metro connectivity, both completed and in progress, is another boon.

Infrastructural developments in Greater Noida has been absolutely phenomenal. All these are being utilised to the maximum by the real estate community of the capital.

Catapulting the growth all around the Yamuna Expressway is just the example for this. The proposed metro-connectivity to Greater Noida has presented opportunities that have been grabbed with both hands by developers.

In addition to this, massive development activities are underway in the satellite towns of Kundli, Manesar, Bhiwadi, Panipat and Sonipat owing to the proposed orbital rail corridor, the KMP (Kundli-Manesar-Palwal) Expressway, announcement of major SEZs’ business corridors and education hubs.
All these have played their respective parts in shaping up Delhi/ NCR to appear as it does today and contributed tremendously towards planned and completed development around the region.

Delhi CM Sheila Dikshit recently raised the issue of high-rise buildings, arguing that they will put additional stress on the city's resources and infrastructure besides severely impacting the ecology. Are the developers well equipped enough to handle the burden of high-rises in Delhi/ NCR?

TS: The environmental issues have plagued the regulatory authorities as well as the builder community for a long time now.
Yes, the construction of high-rise structures poses some issues but the thing to be kept in mind is that it also presents better opportunities for the masses.

And to be perfectly honest, most builders are now taking the issue quite seriously which is evident from the rise in number of completely 'green properties' now being offered in the market.

Admittedly, there are increased energy consumption levels and sustainability issues but the builders are en route to finding newer and better solutions to these issues. The green buildings offered today are some of the best feats of constructional advancement and finesse around and absolutely self-sustainable in terms of energy requirements and waste disposal.Some of the issues have been overcome and some still need a bit of work. But with better understanding of the environmental constraints and ecological responsibilities, it is being worked upon in earnest.

With better technologies at our disposal now, we are seriously considering overcoming these obstacles in green development and surely hope to achieve them in minimum possible time.
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