State gets Rs 9-cr fine from 40 construction projects

The guidelines state that projects with over 20,000 sq mts built up area have to pay 0.01 per cent of their capital investment if it is more than Rs 100 crore before they start their construction and they have to follow it up by operations fee of 0.01 per cent of the fee for two years of the capital investment. If the investment is less than Rs 100 crore,there are different slabs.

“We have showed a turn over of nearly Rs 10 crore from Pune region and the fines collected from these constructions comprise nearly 90 per cent of it,” said Mirashe.

The guidelines for these constructions under the act state that they have to follow the mandatory operation rules for every project like the use of stone crushers,ready mix plant,auxillary plants and so on.

Developer Satish Magar and head of Pune Confederation of Real Estate Developers Association of India said usually developers are a little confused on the interpretation of the law. “There was confusion about payment on the built up area or the land area. Although I am not aware who the defaulters are,we as a developers’ body have been reiterating in our meetings on the need to adhere to the rules,” he said.

Environmentalist and sustainable development planner Aneeta Benninger calls the trend alarming. “If there is so much of construction in the city it is bound to create waste land. This is an artificial construction boom. Such constructions have no takers and poor will again continue to be deprived of shelter. The administration needs to pay attention to this.”