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Udyami holds hope for builders

The sixth udyami panchayat, slated for December 30, would extensively discuss the real estate and infrastructure sector.

Sources in the industries department said on Monday a proposal had been sent to the chief minister’s office requesting that the real estate and the infrastructure sector be discussed at length in the udyami panchayat, to be held either in Patna or in Rajgir.

The real estate sector suffered a blow in 2012, when the urban development and housing department, through a notification issued on December 13, banned the approval of maps for any multi-storeyed building over the height of 11m till the proposed Bihar Municipal Building Bylaws and Building Codes came into effect.

“Of late, the realty sector in Patna is facing many problems and a slump in the market. We would raise all the issues before the state government and discuss those threadbare. One of the basic problems lies in the fact that the higher-ups are not fully aware of the issues and there is miscommunication. We hope that the panchayat acts as an eye-opener,” Sachin Chandra, state chairman, Bihar chapter, Builders Association of India, told The Telegraph.

“The udyami panchayat takes place on the fifth Monday of any month and focuses on one particular sector. The last panchayat was held on September 30 and focused on the manufacturing sector. On the instructions of the chief minister, who presides over the event each time, a task force has been formed for the manufacturing sector and talks are on to appoint independent consultants for different wings (branches) in the sector. The next panchayat would take place on December 30, the last this year. A proposal has been sent to the chief minister towards holding the panchayat on real estate and infrastructure. Apart from the above two sectors, segments in urban development would be discussed. Builders would take part in it and several aspects of the real estate sector would be discussed,” said an official in the industries department.

Builders said they hoped that the state government would deal with their problems wisely.

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