Realtors offer to pay for removal of toll plazashttps://indianexpress.com/article/india/india-others/realtors-offer-to-pay-for-removal-of-toll-plazas/

Realtors offer to pay for removal of toll plazas

Suffering revenue loss due to the traffic mess at the Delhi-Gurgaon Expressway toll plaza,the realtors in Gurgaon have offered to compensate the possible loss in case the Haryana government makes the expressway toll-free.

Suffering revenue loss due to the traffic mess at the Delhi-Gurgaon Expressway toll plaza,the realtors in Gurgaon have offered to compensate the possible loss in case the Haryana government makes the expressway toll-free.

The realtors are also asking for removal of revenue rastas (roads) in licensed colonies,so that the area could be used for development. The developers have also agreed to pay the charges for this.

The developers had brought up the two issues in a meeting with Town and Country Planning department in March. The state government is looking at the issues.

The proposal was sent by realtors who note that traffic issues had slowed down the property market in Gurgaon and reduced the rents in the city.

During the meeting,the realtors emphsised on the need to remove the two toll plazas on NH-8.

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“It was pointed out that the realtors felt a major relief after the High Court banned collection (of toll) for three weeks on the road. The flow of traffic during that period became very smooth. It was also pointed out by the Town and Country Planning authorities at the meeting that though option was being deliberated by the National Highways Authority (NHAI),the financial implication of such decision was going to be quite huge,” the proceedings of the meeting noted.

Rajiv Singh of DLF,who led the 15 developers at the meeting,said the developers would consider the option of paying for the loss in all seriousness. He said they plan to rope in all the developers of the region to bear the cost of the initiative.

“This option came up at the meeting. Since it involves so many developers,a follow up might take some time. But we shall pursue it after some consensus is reached between the government and the developers,” Singh said.

About the revenue rastas,the realtors said they had become redundant after the colonies were developed.

“Since alternative development plan/sectoral plan,these rastas serve no purpose. Hence,a simplified procedure to enable transfer/exchange of such land with the panchayats needs to be put in place,” the realtors said at the meeting.

The government already has constituted a High-Powered Committee (Revenue Rastas) under the Principal Secretary of Town and Country Planning Department. The developers were asked to approach the committee.

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