Former Environment Minister Jairam Ramesh criticizes Goa's Chief Minister for prioritizing real estate development over forest conservation, highlighting the looming environmental challenges.
Real EstateForest ConservationGoaSustainable DevelopmentEnvironmental ImpactReal Estate NewsMar 19, 2025

The main concern is the potential for deforestation and environmental degradation due to the prioritization of real estate development over forest conservation.
Former Environment Minister Jairam Ramesh has been vocal in criticizing Goa's Chief Minister for focusing on real estate development over forest conservation.
Deforestation in Goa could lead to increased soil erosion, reduced groundwater recharge, a higher risk of natural disasters, and the loss of biodiversity, including endangered species.
Experts recommend a comprehensive policy framework that includes strict environmental impact assessments, public consultation, and transparent decision-making processes.
Sustainable development can be promoted through initiatives like eco-tourism, community-based conservation projects, and policies that ensure the economic value of forest lands while preserving their ecological integrity.

Despite the recent slowdown, Gujarat's real estate market remains a promising growth hub, driven by infrastructure development and government initiatives.

Nitco Ltd's sale of a 16,250 sqm land parcel in Kanjurmarg East to Runwal Group for INR 232 crore highlights the high demand for prime Mumbai real estate and the company's focus on optimizing its asset portfolio.

The acquisition of a high-value property by Yatin Shah, co-founder of 360 ONE, underscores the increasing demand for luxury real estate in Mumbai, particularly in South and Central areas.

The Haryana Real Estate Regulatory Authority (Hrera) in Gurugram has issued a stern warning to real estate promoters for failing to submit their mandatory annual reports. The authority has imposed a fine of Rs 0.5 million on the non-compliant developers.

A recent Credai-KPMG report highlights Pune's leading position in the Indian real estate market, particularly in the development of senior living homes. The report emphasizes the growing demand for well-being-focused housing for the elderly.

Families and survivors of the 2008 Mumbai attacks are calling for the extradition and strict punishment of Tahawwur Rana, a key suspect in the terror operation. Sanjana Shah, daughter of real estate magnate Pankaj Shah, who was killed during the attack on Hotel Oberoi, has been a vocal advocate for justice.