Thane Civic Body Plans Incentives for Housing Societies Conserving Green Cover

2023-04-15 04:41:05 By : Ms. Anna luo
Conservation and Society Benefits.

As the world grapples with the effects of climate change and the importance of conservation becomes increasingly clear, even local governments are getting involved in the fight. In Thane, the civic body is planning to give incentives to housing societies that contribute to the conservation of green cover in the city. This move is a significant step towards sustainability, and it is expected to have a positive impact on the environment and the society as a whole.
Thane civic body plans sops for housing societies conserving green cover, Real Estate News, ET RealEstate


The plan is to introduce tax incentives for housing societies that conserve and maintain the green cover in their premises. This feasibility study is being conducted by the Thane Municipal Corporation (TMC) to determine the impact of this proposal on the city's green cover. The goal is to encourage housing societies to make a conscious effort to preserve and increase the green cover in their neighborhoods.

Societies that maintain gardens, parks, and green spaces will be awarded either a reduction in property tax or a lump sum grant to invest in more green cover. The TMC believes that this initiative will help to reduce the carbon footprint of the city and create a more sustainable environment for residents. Additionally, it will create a sense of community involvement in environmental conservation, as residents will work together to achieve the common goal of preserving the green cover.

The benefits of this initiative are manifold. Firstly, green spaces are known to reduce air and noise pollution. Plants absorb carbon dioxide and other harmful pollutants, providing cleaner air for residents. Additionally, green spaces act as noise barriers, and they reduce noise pollution by absorbing sound. This can be particularly beneficial in urban areas where noise pollution can be a significant problem.

Secondly, green spaces provide a sense of calm and relaxation. Being surrounded by nature has a positive impact on mental health, reducing stress and anxiety. Having green spaces in housing societies can benefit residents, as they have access to nature close to their homes. This creates a better living environment and can improve the quality of life for residents.

Finally, green spaces can contribute to the aesthetic appeal of a neighborhood. Well-maintained gardens and parks can increase the value of homes and create a sense of pride in the community. It can also attract visitors to the area, boosting the local economy.

In conclusion, the TMC's proposal to introduce tax incentives for housing societies that conserve and maintain green cover is a step towards sustainability and environmental conservation. This initiative can improve the quality of life for residents, create a sense of community involvement in environmental conservation, and contribute to a cleaner and more sustainable environment. By taking small steps towards conservation, individuals and communities can make a significant impact on the planet.