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Real Estate Forum on Union Ministry Of Environment And Forests

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Q: Yes, and this much awaited project will open the 700 sq-km of land in Navi Mumbai that is hardly 20-25 minute away from South Mumbai.
Latest Answer: Moreover, government is also working out a formal loan agreement with the Japan International Cooperation Agency (JICA) to fund the project. Government wants to complete this link at the same time when the airport gets ready.
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Q: The tribunal has not specified the exact area around the national park where new construction project permissions need to be held back.
Latest Answer: As a reply Omakar Realtors'spoke person told that the NGT order has no impact on any ongoing project in Mumbai. All future projects within 10 km of the Sanjay Gandhi National Park will require a no-objection of NBWL, which is yet another permission that will lead to delayed launches, increasing costs and thus decreasing supply in the short run.
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