Real estate sector in Gurgaon affected by borewell ban
The Punjab and Haryana high court has ordered the Haryana government to take action against builders for illegal use of groundwater.
The court also ordered to seal all borewells at construction sites in Gurgaon over the next two weeks.
The court order will have an adverse effect on nearly 450 ongoing commercial and residential projects. Most of the developers use groundwater by digging illegal borewells.
Use of borewells for construction purposes is completely banned in Gurgaon.
Experts said the real estate sector will be affected as the court had already restricted licences for constructions in Gurgaon.
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Source: Hindustan Times
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