Understanding the Impact of Coastal Regulation Zone (CRZ) Norms on Mangalore's Real Estate

Mangalore, a port city on the western coast of India, has been witnessing an increase in real estate development over the past few years. However, the implementation of Coastal Regulation Zone (CRZ) norms has had a significant impact on the city's real estate industry.

CRZ norms were introduced in 1991 by the Ministry of Environment and Forests to regulate development activities near coastal areas to protect the fragile ecosystem and maintain the ecological balance. The norms restrict or regulate construction activities within 500 meters of the high tide line and 100 meters of tidal influenced water bodies.

In Mangalore, the implementation of CRZ norms has resulted in a significant increase in real estate prices, especially along the coastline. Developers have had to invest in additional infrastructure to comply with the regulations, which has further increased the cost of development.

The implementation of CRZ norms has also had a positive impact on the environment, with the preservation of sensitive areas such as sand dunes, mangroves, and coral reefs. The norms have helped in maintaining the ecological balance of the region and protecting the coastline from erosion and other natural calamities.

However, the strict implementation of CRZ norms has also resulted in delays in project approvals and led to a shortage of land for development. The norms have been a major hurdle for many developers, leading to a slowdown in the real estate sector in Mangalore.

There have been many cases of illegal construction and encroachment in the CRZ area, which have led to the demolition of structures by the authorities. The strict implementation of the norms has also resulted in the cancellation of many projects that did not comply with the regulations.

To overcome the challenges posed by CRZ norms, developers are exploring new avenues such as development of inland areas and conversion of non-agricultural land for non-residential real estate purposes. The introduction of new policies and regulations that allow for development in a sustainable manner is also being explored by the authorities.

In conclusion, the implementation of CRZ norms has had a significant impact on Mangalore's real estate industry. While the norms have helped protect the environment and maintain the ecological balance, they have also posed challenges to developers and led to delays in project approvals. Finding a balance between development and conservation is crucial to ensure sustainable growth of the city's real estate sector.