Real estate projects in Delhi are struggling to meet their deadlines due to stringent pollution control measures. Despite adhering to strict RERA guidelines, developers face significant challenges.
Delhi PollutionReal EstateConstructionReraDpccReal EstateNov 18, 2024

The main reason for delays in real estate projects in Delhi is the stringent pollution control measures imposed by the Delhi Pollution Control Committee (DPCC). These measures, often including bans on construction activities during high pollution periods, significantly impact project timelines.
RERA, or the Real Estate (Regulation and Development) Act, 2016, mandates developers to adhere to a variety of environmental and safety standards. This already imposes certain regulations on construction activities, but the additional pollution control measures add further complexity.
Developers face challenges such as increased costs, financial burdens, and the difficulty of rescheduling tasks. These measures can also lead to penalties and loss of client trust due to project delays.
Some developers are investing in advanced pollution control technologies to reduce emissions and comply with regulations without halting work. However, these technologies can be expensive, particularly for smaller developers.
The Graded Response Action Plan (GRAP) is a government initiative that categorizes pollution levels and outlines specific actions to be taken at each level. The goal is to provide a more balanced approach to pollution control, minimizing the impact on construction activities.

PBB's profits fell sharply due to its exposure to the struggling US commercial real estate market, hit by rising interest rates, falling property values, and high office vacancies.

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has successfully resolved 1,749 disputes between homebuyers and real estate developers through its conciliation forums. These forums, established in 2018, have significantly improved the resoluti

Zerodha CEO Nithin Kamath discusses the rising pollution levels in India and their potential impact on the luxury real estate market.

Blackstone and Panchshil have announced a major partnership to build India's largest 500 MW hyperscale data center hub in Pune, Maharashtra. This ambitious project marks a significant step towards boosting India's digital infrastructure and attracting glo

Adani Group is pushing forward with two major projects in Mumbai, one of the world's most expensive real estate markets, amid environmental concerns and regulatory hurdles.

Sohail Khan, a prominent figure in Mumbai's real estate scene, has secured a lucrative five-year lease deal for his property in Bandra. The property, located in one of Mumbai's most upscale neighborhoods, has been rented out to The Irish House Food and Beverages Pvt Ltd. for a staggering Rs 10 crore in rent.