Okhla Bird Sanctuary
In a reprieve to about 60,000 flat owners in Noida, the Union Environment Ministry has decided to declare 100 square metres around the Okhla Bird Sanctuary as a no-development or eco-sensitive zone. Senior government sources said percent that the ministry’s forest division tasked with demarcating eco-sensitive zones around wildlife parks and sanctuaries had submitted its report. [...] Continue Reading »
The hundreds of crores homebuyers have invested in Noida are safe. The Centre’s draft of the redrawn eco-sensitive zone around the Okhla bird sanctuary doesn’t affect any realty project in the area, a highly placed official in the UP government said on Sunday. T The draft proposes a no-construction zone extending 1.27km from the sanctuary [...] Continue Reading »
Amid speculation that the environment ministry is planning to make NGT a mere advisory body, lawyers, petitioners and even common people are concerned about losing an important instrument of ensuring environmental justice. After the Centre’s decision to replace the planning commission, the ministry may amend National Green Tribunal Act 2010 to strip NGT of its [...] Continue Reading »
DLF’s Mall of India, which is coming up in Noida Sector 18 and has been billed as the country’s largest retail space, and four big-ticket realty projects in Sector 75 have been asked to stop all construction till they get a clearance from the National Board for Wildlife. The stop-work notices sent by the UP [...] Continue Reading »
So many things that make India a very difficult place to invest in and do things are what the moderate response is from the American real estate tycoon Donald Trump to this correspondent who, at a recent event in Dubai, enquired about his investment preferences. But what made Trump react this way? Is it the [...] Continue Reading »
The Ministry of Environment and Forests (MoEF) and the UP government will together decide the outline of the eco-sensitive area around the Okhla Bird Sanctuary. The impending decision of the MoEF and the UP government with regard to outlining the 10km eco-sensitive zone in the periphery of the Okhla Bird Sanctuary will have an impact [...] Continue Reading »
With the National Green Tribunal (NGT) having banned construction work in the ecologically sensitive zone within the 10km periphery of the Okhla Bird Sanctuary, uncertainty surrounds the affected realty projects in Noida; and realty buyers and investors in the mentioned region are incurring losses on their investments. The NGT’s order to stall construction in the [...] Continue Reading »
According to reliable sources, those who had bought their apartments within 10 kms near the Okhla Bird Sanctuary are now putting the blame on their builders for the future of the investments they have made. At the same time, there were a couple of flat owners in Noida who wrote a letter to the Prime [...] Continue Reading »
The real estate firm, Jaypee Infratech went to the Supreme Court asking for the Noida Authority to pass the completion certificates for all its projects that are within a 10 km radius from the Okhla bird sanctuary. The buyers of around 4,000 flats that come under this area are waiting for the handover. But without [...] Continue Reading »
There are currently around 20,000 buyers at Noida who are facing a delay in receiving the possession of their houses which have been completed. This is primarily because of the recent judgement by the Noida Green Tribunal which stopped Noida Authority from giving away any kind of certificate of completion for projects within about 10 [...] Continue Reading »
