In a statement issued here today, Mr. Jaipuria added that proposal forwarded to the Cabinet by DIPP for dropping the minimum 10 hectare rule for serviced housing plots and slashing the minimum floor area for construction development projects to 20,000 sqm from 50,000 sqm is a praiseworthy step which will fulfill the dream of Indian Prime Minister for creation of 100 smart cities.
The PHD Chamber appreciates the Modi government for taking pro-active reforms oriented decisions and one such has been witnessed in the construction sector is something which needs to be applauded.
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