Pending green clearance trouble builders
The impact of fluctuating property prices have left the developers and builders worried!
In the same context, the Maharashtra government has sent a request to Union ministry of environment and forests (MoEF) to give nod for green clearance at the earliest.
It has been learnt that SEAC and SEIAA are the two major government bodies constituted with MoEF that approves green clearance to the realty projects.
According to the real estate experts, Pune and Mumbai alone have more than 360 properties that are held with construction over the issue of green clearance from MoEF.
Source: Live Mint
Builders, Developers, Fluctuating property prices, Government bodies, Green clearance, Held with construction, Maharashtra government, MoEF, Mumbai, Property Prices, Pune, Real estate experts, Realty projects, SEAC, SEIAA, Union ministry of environment and forests (MoEF)
Builders construct the buildings in a month with good quality in Chennai. These clearance issues delays the project.