Real estate news: NAREDCO submits recommendations to government to resolve regulatory challenges, including height restrictions imposed by aviation regulations.
Real EstateNaredcoAviation RegulationsHeight RestrictionsUrban DevelopmentReal Estate NewsSep 11, 2024
NAREDCO's main objective is to promote and regulate the real estate sector in India.
The height restrictions imposed by aviation regulations vary depending on the location and type of aviation facility. However, NAREDCO has recommended relocating certain aviation facilities to allow for taller buildings in cities like Mumbai, Chennai, and Kolkata.
Shielding benefits refer to the protection of buildings and structures from aviation obstacles. NAREDCO has recommended extending shielding benefits to include buildings and other structures, thereby facilitating taller constructions in specific areas.
The Airports Authority of India (AAI) is responsible for the management and operation of airports in India. AAI uses contour data to determine areas eligible for shielding benefits, and NAREDCO has recommended using more accurate contour data to minimize errors.
NAREDCO will work closely with the government to implement the recommended changes, ensuring that urban development can continue in a safe and sustainable manner.
Discover how Transcon Developers is redefining luxury real estate with its out-of-the-box office project, a game-changer in the industry.
Real estate news: NAREDCO submits recommendations to government to resolve regulatory challenges, including height restrictions imposed by aviation regulations.
A tragic incident occurred in Pune's Dhayari area where a 10-year-old boy lost his life while trying to retrieve a cricket ball from a canal. The incident happened on Monday afternoon, and the police have registered a case of sudden death.
The celebrity couple, Deepika Padukone and Ranveer Singh, have recently leased a high-end apartment in the prime location of Prabhadevi, Mumbai. This move reflects their strategic investment in the city's redeveloped and luxury housing market, offering th
Noida (Uttar Pradesh) [India], November 29: Ushering in a transformative phase in the real estate sector, ManuBhoomi has officially launched operations, promising to revolutionize land investment in India.
SUGAR Cosmetics has secured a 14,000 square foot office space at Enzyme Office Spaces in Andheri East, Mumbai. The deal was brokered by real estate consultant Vestian, marking a significant expansion for the cosmetics brand in the region.