Real Estate Maharashtra
Maharashtra Gets Approval for New Coastal Zone Management Authority After Eight-Month Delay
After a prolonged eight-month delay, the Maharashtra Coastal Zone Management Authority (MCZMA) has finally been approved by the Centre, allowing over 165 critical infrastructure and development projects to move forward in the state’s coastal regions.
Real Estate Mumbai
New Environmental Clearance Rule Halts 70,000 Home Projects in MMR
Over 70,000 housing units across nearly 500 projects in the Mumbai Metropolitan Region (MMR) have been halted due to a new directive by the National Green Tribunal (NGT), requiring central government environmental clearances for projects within 5 km of eco-sensitive zones.
Real Estate Mumbai
Navi Mumbai Sheds Critically Polluted Tag, Accelerating Real Estate Project Clearances
Navi Mumbai's reclassification from a Critically Polluted Area to a less stringent status promises to streamline environmental clearances, boosting the real estate sector and fostering sustainable urban development.
real estate news
Over 70,000 Housing Units Stalled in MMR Due to Green Clearance Hurdles
The National Green Tribunal (NGT) has mandated that all real estate projects within a 5 km radius of eco-sensitive zones must obtain environmental clearance from the Central government, causing widespread delays and financial strain.
Real Estate
Goa SEIAA Denies Environmental Clearance for Two Residential Projects Due to Safety and Regulatory Lapses
The Goa State Environment Impact Assessment Authority (SEIAA) has rejected Environmental Clearance (EC) applications for two residential projects in Candolim and Chopdem due to non-compliance with critical safety and regulatory requirements. This decision underscores the importance of disaster preparedness and transparency in development proposals.
Real Estate Mumbai
Navi Mumbai Sheds 'Critically Polluted' Tag, Boosting Real Estate Sector
Navi Mumbai is no longer categorized as a 'Critically Polluted Area,' easing environmental clearances and injecting new life into the city's real estate sector.