TODAY -

Condusive Environment for real estate venture into the state: Chief Secretary
Source: IT News / DIPR

Imphal, September 12 2019: Manipur Chief Secretary Dr..JSuresh Babu had laid the foundation stone of RBD Imphal Residency, seven storied complex residential apartment project in the State by Kangleipak Infrastructure and Housing (KIAH) Enterprise at Chingmeirong, Sangakpham, Imphal East on Wednesday.

Speaking on the occasion, Chief Secretary congratulated the Kailash Company for making its foray into Manipur.

He also congratulated the organizers for naming Kangleipak Infrastructure and Housing.

Recognising the need of the hour, Govt.has taken a very conscious decision to promote real estate in Manipur.

We all are aware that land is very limited resource in the valley.

It is time we save our land along with providing proper facilities for a high living standard to everybody.

He further stated that Govt.is positive about the real estate venture and has formed a single window clearance system in the Planning department.

All the clearances whether it is real estate or any other venture like multi complex or mall will be given opportunity to come through this single window system.

Persons interested in investing money into Manipur need to submit their applications with necessary documents which will be monitored by this cell.

Any objection/s will be discussed thoroughly.

Stating that the RBD Imphal Residency will be a seven storied complex, he said Manipur is a seismic zone and earthquake prone, clearances are given to only two/three/four floors.

However, building by-laws were amended to make it possible to construct any height with proper precautions floors which includes complying with Municipal, environmental, pollution, fire and safety norms.

They have to get registered under Real Estate Regulatory Authority (RERA) .

In his Presidential speech, Commissioner (MAHUD), M.Joy Singh expressed his desire to start the project on time and also set a target of the project like timeline or stipulated time period to complete since working season are very limited.

He also said that as PM has announced regarding ban on plastic, and as a massive campaign for banning of plastic is on, he urged to avoid one time used plastic in construction materials.

He also lauded the KIAH enterprise for their big role while making reality of the project.

He appealed the general public to extend cooperation.

Guest of honour and Director (MAHUD), Th.Harikumar Singh said that RBD Imphal Residency of KIAH enterprise a sister concerned of Kailash group of enterprise will be the first residential complex to come up in Manipur.

Imphal is congested and is facing space constraint.

The only option is to go for vertical expansion since there is no possibility of horizontal expansion of the land.

The launch of this pioneer project RBD Imphal Residency for the first time in Manipur is a benchmark for the upcoming real estate development in Manipur which will ensure job creation and revenue build up with signature lifestyle residential apartments for the people of Manipur, he added.


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