#RealtyNewsRoundUp: Delhi HC Stays Centre’s Green Exemption To Construction Projects

The Delhi High Court on November 26 stayed the two notifications of the environment ministry through which it granted exemption from environmental clearance to real estate projects with a built-up area of up to 50,000 square metre, and industrial sheds, educational institutions and hospitals with a built-up area of up to 150,000 sqm. The HC passed the interim order on a plea by a non-governmental organisation, challenging the November 14 and 15 notifications of the ministry, alleging that they were in violation of fundamental rights to protect life and personal liberty and equality before law. The court has listed the matter for further hearing on February 19.

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The Ghaziabad Development Authority (GDA) has decided to map the illegal colonies in the city with Google imagery instead of drones or lasers because of cost issues. Earlier, the GDA had assigned the task to Lucknow-based Remote Sensing Application Centre at a cost of Rs 30,000 per sqm.

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With an aim to find takers for its housing units by improving connectivity, the Delhi Development Authority has started shuttle bus services at Narela. The bus service will be between Sectors G2, G8 and the nearest bus stops. The service will be later extended to Siraspur and newly developed Sectors of Rohini.

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The Uttar Pradesh Real Estate Regulatory Authority has ordered a forensic audit of a project by Noida-based Primrose Infratech. It has also asked the Noida Authority to rope in other agencies to take over the project to deliver flats to homebuyers. The project was scheduled for delivery in 2014.

Meanwhile, the Supreme Court has asked the amicus curiae in the case to file a report on the status of struck embattled realtor Unitech’s housing projects.

Also, real estate company Supertech is planning to sell three of its hotels in north India and give on lease one million square feet of retail space in Supernova — its luxury project in Noida’s Sector 94 — to raise Rs 1,700 crore to reduce debt.

Source: Media reports