Friday, May 13, 2011
Expert panel in offing to monitor riverfront realty growth (Times of India/New Delhi- 13 May 2011)
NEW DELHI: Regulations to govern riverfront development could be in the offing as the environment ministry is setting up an expert group to seek its opinion about it.
There has been rampant development on riverfronts in cities; displacing poor and building expensive real estate. The ministry's moves may come in as a key route to regulate how the rivers are managed in the cities. Now, the rules stipulate only regulation of coastal zone lands under the Environment Protection Act. The same Act can help in formulating other regulations.
In Delhi, the development on the Yamuna's bank – Akshardham Temple and the Commonwealth Games Village —led to litigation and criticism for eating into the poisoned river's natural flow. Besides, the poor had to make way for lucrative real estate.
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