The Supreme Court has upheld the right to open spaces in Navi Mumbai, while the Bombay High Court has struck down the Centre’s move to grant post-facto Coastal Regulation Zone (CRZ) clearances. Both decisions reinforce our constitutional rights to a healt
EnvironmentNavi MumbaiOpen SpacesCrz ClearancesEnvironmental RegulationsReal Estate MumbaiOct 07, 2024
The Supreme Court's decision upholds the right to open spaces in Navi Mumbai, reinforcing the constitutional rights to a healthy environment and highlighting the importance of maintaining green areas in planned cities.
The Bombay High Court ruled that the Centre's move to grant post-facto CRZ clearances was non-statutory and not legally permissible, as it would have opened the floodgates for regularizing projects that violated environmental laws, causing severe environmental damage.
AMRUT recommends a benchmark of 10,000 square meters of open space per thousand population, while Navi Mumbai has only 3,000 square meters (0.3 ha per 1,000 people), which is significantly below the recommended standards.
The ‘pollute and pay’ syndrome refers to the practice of allowing projects to pollute and then paying a nominal penalty to regularize violations. This approach is discouraged as it undermines environmental laws and can lead to severe long-term damage.
The destruction of mangroves and wetlands in Uran taluka has led to unseasonal floods and the inundation of paddy fields, demonstrating the severe consequences of such environmental violations and the need for stricter regulations and enforcement.
India is accelerating to become the real estate capital of Asia, with a total valuation of Rs 14.2 trillion among the top 100 realty companies.
Puravankara acquires redevelopment rights of Miami Apartments in Breach Candy, marking its entry into South Mumbai's luxury market. The company also expands its footprint in Andheri West and signs a Joint Development Agreement in Bengaluru's Electronics C
RR Kabel's Q1 revenue hits a record high of Rs 1808 crores, driven by strong growth in the wire and cable segment, despite challenges in the industry.
The UPPCB has clarified that less-polluting construction activities, such as steel binding and carpentry, are permitted under GRAP stages 3 and 4, following concerns raised by CREDAI about misinterpretation of CAQM guidelines.
In a bid to boost India's economic growth, Uday Kotak, the renowned business leader and banker, has laid out a comprehensive 10-point roadmap. This plan focuses on key sectors such as agriculture, real estate, and financial services, aiming to achieve rob
Mumbai, Jan 1 (PTI) Mumbai city municipal area witnessed an 11 per cent increase in property registrations during the 2024 calendar year, reaching a significant number of 1,41,202 units.