Realty firm M3M has acquired land parcels of Rs 200 crore on a measure of 1.3 acres near IFFCO Chowk to construct the luxury commercial project, primarily including retail space.The land has been acquired through an auction conducted by Haryana Shahari Vikas Pradhikaran (HSVP).
The company said, “The development cost would be Rs 250 crores. The estimated top line for this project is Rs 1,000 crore”.
The project will have mixed spaces such as multiplex, retail, and office spaces.
Also, the company said that the cost of the land is at par with the cost in Lutyens Delhi.
“Seeing a slight increase in the retail segment, we look forward to developing a comprehensive luxury-boutique retail, which will include most premium brands,” said Pankaj Bansal the promoter of M3M India.
Recently, M3M Group acquired 13-acre land for Rs 827.41 crore in Noida at an auction, including rent and registration fees the total cost of the acquisition would reach Rs 1,200 crore.
M3M India has a land bank of 3,000 acres. It has launched 41 projects to date, of which 28 have been delivered.
With rising demands for housing after the pandemic, developers are acquiring lands outrightly and also entering into joint Development Agreements (JDAs) with landowners.
Many land deals have been held in Delhi this year as builders are about to expand their presence to make advantage of increasing demands.
Max Ventures & Industries Ltd (MaxVIL), part of the Max Group, won a bid to acquire about 4 acres of land in Noida for Rs 220 crore in August for the development of a commercial project.
MaxVIL acquired Acreage Builders at an enterprise value of Rs 322.50 crore in September as part of its strategy to expand its real estate business in Delhi-NCR.
Acreage Builders owns 7.15 acres of land on Golf Course Road in Gurugram and County Group has bought 28-acre land in Noida for around Rs 450 crore in recently which belonged to realty firm Ambience Group.
Earlier this year, real estate firm Elan Group purchased 40 acres of land in Gurugram from Indiabulls Real Estate Ltd (IBREL) for Rs 580 crore for the development of residential and commercial projects on the Dwarka highway.
Previously real estate firm Elan Group bought 40 acres of land in Gurugram this year, from Indiabulls Real Estate (IBREL) for Rs 580 crore for the development of commercial and residential projects on the Dwarka highway.
Also, Elan group acquired a 7.65-acre land in Gurugram from Ambience Group for around Rs 200 crore.
Previously Godrej Properties won two adjacent land parcels 12.4 acres for Rs 377 crore in Noida.
Mumbai: Mhada’s chief executive officer and vice president, Anil Diggikar said that the state government endorsed a proposal to pay rent to the tenants who have to be shifted out to carry out the redevelopment of the chawls.
BDD chawls’ residents will get an allowance of a monthly rent of Rs 25,000 instead of choosing a transit tenement.
Under the scheme, Mhada will pay rent to those who have to be shifted out and who do not want a temporary tenement. Nearly 4,384 families need to be shifted out from the Worli, Naigaum, and N M Joshi Marg BDD chawls for the redevelopment of phase I. Officials said, around 3,104 tenements are available.
Member of the Akhil BDD chawls Bhadekaru Hakk Sanrakshan Samiti, Kiran Mane said, residents of chawls will be provided transit tenements in the Mhada-owned mill buildings.
Kiran said, “suddenly we got to know, tenements were being offered to those affected by the Nhava Sheva port. Our organization had opposed this as it would hinder the redevelopment of Worli BDD chawls. We are happy that Mhada will provide rent which we have been insisting on from the beginning”.
The redevelopment project has become a major issue for the state government. The Devendra Fadnavis-led BJP-Shiv Sena government had proposed the redevelopment, and a successful initiative had been taken by the Udhav Thackeray-led Maha Vikas Aghadi government.
A huge number of Marathi Speakers are the tenants of these chawls, whose redevelopment would crucially impact the voting for the BMC and assembly elections.
In the last one decade, India has become the fastest-growing economy in the world but affordability has always been a crucial factor for home buyers. There are many cities that offer properties at affordable prices, there are tier-1 cities that promise you affordable properties in the future along with developed infrastructure.
These are some of the best cities offering affordable residential properties in India.
Indore, Madhya Pradesh
Indore is also referred to as Mini Mumbai with enormous varieties of housing options including plots, apartments, townhouses and builder flats. The city is well-developed, has a wonderful climate, and is home to many reputed higher education institutions, hospitals, and business offices. Indore could be the best place to purchase an affordable property, as Indore’s cost of living index is 5.67 points lower than Mumbai. The average price of the property is Rs 4200 per sq.ft. in the city.
Hyderabad, Telangana
The city is thronging with people working in its rapidly expanding IT. The outer Ring Road and the Metro Rail Project connect the strategic localities of the city. The city is considered a promising Metropolis urban city in terms of the cost of living. The government’s steps towards uplifting the socio economic status of the people have provoked the slumbering markets to life. The average price of the property in the city is Rs 3,000 to 7,500 per sq.ft.
The government has created a strategic dispersal of the markets which were once concentrated in certain parts of the city with strategies like Look East, Look North & Integrated township policy. The city is demonstrating to be the land of opportunities with enhancing and developing markets.
Pune, Maharashtra
The city offers an unmatched lifestyle along with a range of options for affordable houses. Pune is on the way to overtaking Mumbai as the state’s primary residential center. The smart city model of development is being initiated by the government authorities in the planning of residential projects which are economically, environmentally, and socially sustainable. By merging these aspects of the Smart City is then the hub of a fulfilling lifestyle, and would be focused on ensuring that residents complete comfort in their everyday lives. The average price of the property in Pune is Rs 1000 to 17,500 per sq.ft.
Jaipur, Rajasthan
As the capital of Rajasthan, Jaipur has good connectivity to the rest of the country. The city is located strategically at the convergence of three National Highways, NH 11, NH 8, and NH 12.
Jaipur is home to several leading international companies like McDonald’s, Coca-Cola amongst others. Jaipur is one of the fastest growing Tier-II cities. The city is a cultural hub of tourism as being a part of the golden triangle. The city provides top-notch amenities and a high level of living with options for cheap properties. The average price of a property in Jaipur is Rs 2,800 to 7,500 per sq.ft.
Also, Jaipur is well known for its quality education, right from the primary level to higher education. The city has several reputed boarding schools, day schools, and colleges, preferred by students from all across the country.
Bangalore, Karnataka
Buying property in Bangalore is a lot more affordable than in any other city in India. Bangalore’s economy is one of the nation’s fastest growing, and the city is home to multiple top renowned global corporations, BPOs, and extravagant IT firms.
Bangalore houses top educational and medical facilities, markets and shopping areas, malls, multiplexes, hotspots for entertainment, and other attractions abound to make anyone’s stay fascinating and enjoyable. The average price of the property in Bangalore is Rs 2,400 to 29,000 per sq.ft.
Ghaziabad, Uttar Pradesh
The city is located on the Grand Trunk Road providing excellent connectivity to other cities including the parts of NCR. Ghaziabad is an industrial city that attracts a huge workforce from throughout the country. Soon Ghaziabad will become an IT and BPO destination which will increase the demand for affordable property.
The city is one of the most desirable locations for individuals seeking to build their homes in a developing city at a reasonable price because of the recense of reputed educational institutes, top-notch health care facilities, restaurants, malls, multiplex, and other amenities. The average price of the property is Rs 3,800 to 28,400 per sq.ft.
Noida, Uttar Pradesh
This city offers affordable houses without compromising on quality. Additionally, it has a large number of integrated townships offering an excellent mix of commercial and residential spaces in a range of price points, allowing people to live a comfortable life in the lovely city without breaking the bank.
This Delhi satellite city is located among the greatest locations to live because of its excellent public transportation, a mass of lower-rent housing, an excellent education, and the healthcare system as well as easy accessibility to Delhi. The current average price of a property in Noida is Rs 4,300 to 12,600 per sq.ft.
Gurgaon, Haryana
Gurgaon is known as the millennium city, the second-largest IT hub, and the third-largest in banking and finance in the country. This city has become the most desirable residential center in the nation.
It brings numerous of India’s largest companies where startup companies, local offices, and more than 250 Fortune 500 companies. And mutually improving the commercial real estate sector increasing the residential demand in the city. The average property price of a property in the city is Rs 7,700 to 20,370 per sq.ft.
The city comes with the largest range of residential projects with the presence of the biggest commercial and business hubs. One can experience the new living concept crammed with modern amenities, green ambiance, robust security system, and a lot more live an excellent lifestyle.
Ahmedabad, Gujarat
This city houses some of the best educational institutions, including IIM, GNLU, and IIT as well as rapidly developing infrastructure projects. Although the local real estate market Ahmedabad has become one of the fastest growing cities in India, witnessing tremendous development in the last ten years. The city is attracting many investors from across the country to invest in the real estate market because of its speedy development.
The city is full of employment hubs offering great opportunities for people. The city is expanding its existing metro connectivity and the mass rapid transit system is under construction with a deadline of 2023. Additionally, the city offers well-maintained clean streets having low pollution levels. The city has ranked 14th place for its cleanliness out of 432 cities. So, one can enjoy clean air and the environment. The average property price in Ahmedabad is Rs 3,500 to 14,300 sq.ft.
Kochi, Kerala
Kochi is witnessing speedy development, yet is being a reasonably priced place to live. The city is one of the most popular real estate and builders destinations. Kochi offers an ultra-modern lifestyle in addition to being one of India’s most prominent IT hubs.
Kochi has the best living quality among Tier II and Tier III cities in the country. The city has the advantage of being less crowded yet offers all the luxury and comfort of a developed city. The city offers great accessibility and connectivity which makes life seamless and easy. It is a lovely city with a comfortable atmosphere. The average price of the property in Kochi is Rs 3,700 to 8,700 per sq.ft.
Parting thoughts on buying an affordable house
Everyone aspires to own a house as it provides safety and security to the individual and their family. The idea of buying a house sometimes seems far-fetched. However, the residential market is growing in many cities allowing buyers to buy a property without compromising on quality. Developers are coming up with smart initiatives as they are realizing the increasing demand for affordable housing. As more affordable housing hubs come up in India, the real estate sector is expected to touch the $ 1 trillion mark by 2030.
Disclaimer: Access to the content on this internet page is provided by iPropUnited as a courtesy to the public service for educational reasons. We are neither accountable nor liable for any disputes, damages, or disagreements resulting from any transaction, nor do we guarantee, control, or otherwise participate in any way with any of the Users. The accuracy of any information on this website cannot be guaranteed, however, it is all believed to be credible.
A borrower is sometimes forced to take new loans simply to repay the existing ones. This occurs when debt obligations exceed one’s loan repayment capacity.
Everyone wishes to achieve financial freedom. But it’s not easy to be debt free. It is therefore important to know the difference between a good debt and a bad debt.
Good Vs Bad debt
It can be categorized as revenue generating debt and non-revenue generating debt.
If a debt or loan has been taken to purchase an asset that can help generate revenue after a period of time, it is said to be a good debt. when a loan taken against an asset that does not generate any revenue is known as bad debt.
Ways to avoid a debt trap
Identify the challenges
Point out the problem, and identify what is or is not in your control. Thereafter make a plan which meets the debt repayments, where specific aspects need to be addressed and require attention or changes. This will help to acknowledge the current issue and also prepare a clear path for the future.
Check on monthly expenses
Sometimes we spend extravagantly without checking the spending patterns of expected heads. Checking and budgeting monthly expenses will help to identify and prevent unusual expenses.
A disciplined approach to monthly spending habits will reduce the risk of the debt trap.
Create an Emergency Fund
This can be done by ensuring savings that equal 6-7 months’ salary kept aside for emergencies. Such an emergency fund could help avoid a debt trap. This fund can aid during a temporary dilemma like losing a job and keep things running for a few months until the situation gets back to normal.
Prioritize Needs and Avoid impulse spending
Buying something without planning your budget ahead of time is an impulse expense. It can be as small as buying candy or as big as going into a car dealership.
Prioritizing your needs by considering the essential and non-essential expenses will help control non-essential expenses and will further help to eliminate the risk of debt traps.
Avoiding non-essential and semi-essential items to ease debt repayment is the first step that can have a long-term positive impact on the financial condition.
Consolidate your debt
Debt consolidation refers to consolidating all of the debts/loans into one single loan. Instead of servicing different loans with different rates, one can consolidate different loans under a single loan. This can simplify the repayment of debt and help to get out of the debt trap.
Balancing the monthly debt servicing
Ensuring that total EMI expenses do not go over 40% of the net monthly income, and this could only go up to 50% in the case of a home loan.
Net income must be considered after the deduction of tax, provident fund (PF), and other outgoings.
This point is critical because bad debt usually occurs when one’s monthly income is not enough to service regular loan commitments.
Avoid having multiple credit cards
Having multiple credit cards leads to overspending and also adversely affects the credit score resulting in costly finance from banks. You could be assessed as a risky borrower by the lenders. Additionally, it will be difficult to keep track of credit card dues and regular payment of credit card bills on time.
Keeping the expenditure within the limit of income will be better along with following a disciplined approach in paying off your credit card bills to avoid a liquidity crunch and stay safe from the debt trap.
Conclusion
Financial planning is a key to financial freedom and growth. It can be difficult to avoid the debt trap if savings, investments, and expenses are not planned securely. One must refrain from spending more than his capacity and maintain a budget for the essential things to avoid overburdening with unnecessarily higher installments and loan charges.
On Thursday, state cooperation minister Atul Save told TOI that his department has not given their approval for rescinding the Maharashtra Ownership of Flats Act (MOFA), 1963, and had conveyed the case to the state housing department for further discussion.
The minister said that according to the department the Act was in the favor of the homebuyers and can co-exist with the RERA Act in the state. “We have proposed our suggestions to the housing department regarding the issue, which will be discussed soon,” he said.
Officials said that deputy chief minister Devendra Fadnavis, who holds various portfolios including housing, is expected to schedule a meeting on the case soon.
Housing societies and federations had opposed the rescinding of MOFA and sent out letters to the MLAs to air their views ahead of the upcoming winter session of the assembly, to be held in Nagpur.
A housing federation member said against rescinding the MOFA that the violation of any of the provisions of MOFA is considered a criminal offense under Section 13 of the Act, allowing FIRs against errant builders. Similar provisions are not available in RERA Act”.
It seemed that the cooperation department was acquainted with the pain of the housing societies with the unfaithful promoters failing to obey statutory obligations, such as the formation of society, granting of conveyance of land and building and providing accounts, among others, under the MOFA, said Chairman of the Maharashtra Society Welfare Association Ramesh Prabhu.
Chairman said that repealing the MOFA will bring difficulties for the cooperative housing societies that are going for redevelopment.
Experts said that to replace MOFA, other laws will be required to strengthen to match its strict provisions.
Prabhu said that they had reached out to the elected representatives and are happy that the cooperation department has decided to be in favor of the homebuyers’ side. It is a great achievement of the cooperative housing societies that have supported this campaign of not repealing MOFA. He said that the members also met with MLA Ashish Shelar who had given assurance to discuss the issue in the upcoming assembly session.
Sebi sent a notice to Sahara Group firm on Wednesday. Chief of Sahara, SubrataRoy, and others are required to pay Rs 6.42 crore in a case pertaining to violating regulatory rules. Sebi also ordered them to attach assets and bank accounts, if they fail to make the payment.
The notice was issued, following the failure to pay the fine imposed on the entities by the Sebi.
The regulator imposed a fine of Rs 6 crore in June on five entities, Sahara India Real Estate Corporation (Sahara Commodity Service Corporation), Subrata Roy, Ashok Roy Choudhary, Vandana Bhargava, and Ravi Shankar Dubey for breaching the rules in the issuance of optionally fully convertible debentures (OFCDs).
The case relates to the issuance of OFCDs by Sahara India Real Estate Corporation and Sahara Housing Investment Corporation during 2008-2009.
According to Sebi, they raised money through the public issues of securities by issuing OFCDs without any policy to protect the interest of the investors, in respect of public issues, ordered under the regulations.
The subscription regarding the OFCDs was requested by the two companies from the general public all over the country, without informing them about the risks thoroughly, including in the instruments.
The issuance was done allegedly in contravention of the provisions of the Sebi’s ICDR (Issue of Capital and Disclosure Requirements) Regulations and PFUTP (Prohibition of Fraudulent and Unfair Trade Practices).
Sebi asked the five entities to pay Rs 6.42 crore within 15 days in its fresh notice, which includes interest and recovery costs.
In the failure of paying dues, the amount will be recovered by the market regulator, attaching and selling properties of the entities along with an attachment of their bank accounts.
Also, the regulator will act to arrest them and imprison them to recover the amount.
Site allottees at Nadaprabhu Kempegowda Layout (NOKL) can expect some relief on the front of basic amenities in their surroundings as the Bangalore Development Authority has issued a public notice for procurement of the pending lands for constructing the major arterial road on 321 acres of land.
The six-lane, 100-metre- wide, 10.8-km-long major arterial road, which is part of the peripheral ring road PRR-2, starts from Kadabagere Circle of Magadi Road and runs up to RR Medical College of Mysuru Road while passing through NPKL.
Joint secretary of NPKL Open Forum, Surya Kiran AS said, “Failure to acquire bits and pieces of 321 acres was interfering with the road work. The bottleneck for supplying Cauvery water to NPKL at Machohalli will also be sorted out as this land acquisition is resolved. Now, we can get ready to build homes in the layout.”
BDA officials confirmed that due to pending land acquisition, they were finding it hard to execute some basic works on the layout. According to the official notice issued by BDA on December 3, the land to be acquired belongs to farmers from Bengaluru North, Seegehalli, Yeshwantpur, Kodigehalli, Kannali, parts of Kengeri, Kambipura, Kommaghatta, Challaghatta, Kenchanapura, and Sulikere.
The notice directed the farmers to be available on December 9 on their land and hand it over to BDA, failing which, it will be taken into possession as per the Land Acquisition Act.
Delay in handing over the land to the engineering section had led to hampering the completion of NPKL works. There is a lack of sites for allotment to land losers, who are asking for sites along the major arterial road. Also, BDA officials have played a part in adding to the problems as delay in clearing contractors’ bills has impacted the work rate, said BDA commissioner G Kumar Naik.
Kumar Naik said, “However, we are resolving all the issues. I have promised the site owners that I will organize a review meeting on the NPKL soon.”
RERA had set two deadlines – 2018 and December 2021 to complete the NPKL project which has been lapsed at first. Now, BDA has set a deadline for itself to finish the works by March-April 2023 and confirm all basic infrastructure is provided at the layout spread over 4,040 acres.
The Bombay High Court directed the Maharastra and Slum Rehabilitation Authority to file affidavits in response to a position challenging the involvement of Mahim National Park in the Dharavi Redevelopment Project.
A division bench of Cheif Justice Dipankar Datta and Justice Abhay Ahuja was hearing a public interest litigation (PIL) claiming that the Mahim Nature Park, which is a protected Forest, has been unlawfully included in the redevelopment of Dharavi, Asia’s largest slum.
The PIL filed by NGO Vanshakti and environmental activist Zory Bathena stated that it wants to ensure that the park admeasuring 27 acres, is not included unlawfully, under the proposed redevelopment project in Dharavi.
Earlier the petitioners had written to the project authority asking for clarification on whether the park is involved within the Dharavi notified area and when it should have been entirely deleted from the project documents.
Senior counsel Milind Sathe, appearing for the project authority, told the court on Monday that clarification has been already given to the petitioners that the Mahim Nature Park was not included in the redevelopment project.
However, the authority was silent on whether the park would be shown in the category of the excluded area in the project documents.
The court directed the state government and SRA to file their affidavits clarifying their stand by January 2, 2003.
Mahim Nature Park was declared a protected forest in 1991 as per the petition.
IPL alleged that the tender was issued calling for bids for the redevelopment of Dharavi, in October 2022. The tender grants the project proponent the right to acquire excluded areas, including Mahim Nature Park.
The plea challenged the demarcation and inclusion of the protected forest of the park in the category of the excluded area in the project tender.
The PIL said, “this demarcation and inclusion would unlawfully allow the project proponent to acquire/develop the Mahim Nature Park in contravention to its protected nature status.”
It also said “The Mahim Nature Park should have never been included within the boundary of the Dharavi redevelopment project and should be deleted from the project documents,”
The Adani Group had appeared as the highest bidder for the 259-hectare Dharavi redevelopment project and bagged it with its Rs 5,069 crore bid.
Bhogadyam (functionality), Ramya (user delight) and Sukha Darsham (visually pleasing aesthetics) are the three main fundamental principles of Vastu Shastra.
Vastu Shastra is a traditional Indian system of architecture based on ancient texts that promote wealth, prosperity, and happiness.
East, north, and northeast-facing homes are favorable or auspicious for success, according to the Vastu. The north direction is dedicated to the God of wealth, Kuber.
The basic belief behind the Vastu Shastra is to have a better environment in the house and to create positive cosmic energy and vibrations also benefits from the cosmic forces, solar and lunar energy can be harnessed with the help of Vastu.
How does Vastu Shastra work?
Earth, fire, wind, water, and space are the five elements that have made the universe and all the things in it. Characteristics of all the five elements, magnetic field, directional positioning, and the gravitational effect of the earth and the galaxy at large are used in the Vastu Shastra.
This ancient science of architecture considers all the natural factors such as wind velocity, the effect of ultraviolet rays, sunlight, and the intensity of the rainfall very carefully. The purpose of Vastu Shastra is to use methods and rules to optimize the advantage of nature’s positive energies by aligning geometric patterns, directions, and symmetry.
Each element is associated with natural energies. The element earth stands for geomagnetic energy, wind for wind energy, fire for solar energy, water for gravitational energy, and space for cosmic radiation. All five elements incorporate ideal directions; water in the northeast, fire in the southeast, air in the northwest, earth in the southwest, and space in the center.
Vastu for a Positive effective House
Vastu compliant homes incorporate the science of direction and all the five elements of nature to make them more beneficial for the person dwelling in the house. Whether it is a house, an office, a temple, or a school, Vastu Shastra optimizes every single structure for its purpose. It considers everything from the directions and placements of entrances and rooms to the use of objects, shapes, and colors.
Vastu for the Main Entrance: Doorway
The main entrance of the home is considered the entry point for energy, according to the Vastu Shastra. The main door should be faced toward the north, east, or north-east direction. It should be constructed in a way that when a person is stepping outside the house he faces north, east or north-east direction.
Placing a fountain, shoe rack, dustbin, and any other decorative water-centric element should be avoided outside the main door.
There shouldn’t be a bathroom near the main door and also avoid the black paint on the main door.
Any statue of animals and figurines should not be placed near the main door.
The entrance can be decorated with beautiful nameplates and auspicious torans.
Ensure the main door should open inwards in a clockwise direction.
Vastu for the Living Room: Social
This is the place in a home where most of the activity is centered. The living room creates the first impression on the guests when they enter the home for social gatherings.
The living room should face east, north, or north-east also a north-west-facing room is favorable.
Bigger and heavy furniture should be kept in the west or south-west direction of the living room and all the electronic appliances should be installed in the south-east section.
Ensure the mirror is placed on the north section.
Vastu for Meditation Room: Spiritual
Meditation and a prayer room in the home ensure spiritual growth.
According to the Vastu, the east or north-east part of the home is beneficial for doing meditation, yoga, and spiritual practices.
Facing east while meditating will increase positivity.
Create a sacred chantry and decorate it with flowers, candles, and fragrance sticks.
Light yellow, green, white, and beige are great colors for the rooms.
Vastu for the Courtyard: The Cosmic Centre of House
The courtyard referred to as a Brahmasthan, is a unique feature of ancient Indian architecture based on Vastu Shastra. It is the center of the home and is recognized to be the holiest and most powerful point of the house.
This part of the home should be clutter-free and spotless a circumference of 1 to 1.5 meters of the courtyard should avoid any obstruction or built-up area.
The placement of a kitchen, bathroom, or pillar/beam attracts negative energy, which can cause an unfavorable effect on the health of the members residing in the home.
Vastu for the bedroom: Balance
Altering the bedroom according to the Vastu Shastra can improve positive energy and even improve relations between couples.
Placing the bedroom in the south-west direction brings positivity, good health, and prosperity to the home.
Placement of the bedroom should be avoided in the north-east section of the house as it attracts negative energies and may cause health problems or if placed in the south-east direction may cause quarrels among couples.
The bed should be positioned in the south-west corner of the room, with the head facing west.
Also, the placement of a mirror or television should be avoided in front of the bed. The person’s reflection must not be seen in the mirror while in bed as it causes fights and upset the peace of the home.
Painting bedroom walls with earthy or neutral shades will transmit positive energy. Painting black color on the bedroom walls must be avoided.
Having temples, and paintings depicting water or fountain in the bedroom should be avoided as they can cause emotional outbursts.
To create and retain a calm ambiance, mood-lightening and aromatic sticks or oil should be used in the bedroom.
Constructing a Vastu-compliant home adds more meaning to the structure. Smaller alter based on the Vastu can turn the fortunes around. The ancient Vastu Shastra texts demonstrate empirical solutions and flexible layouts for all structures and buildings.
Haryana State Pollution Control Board has banned construction activities at unregistered sites unless they register themselves on the web portal of pollution control.
Construction work has been banned under the Graded Response Action Plan (GRAP).
There are around 3,000 large construction sites in Gurgaon, but only 5%, with an area of 500 square meters or above have been registered on the portal for dust control.
After the plan was revoked, Haryana State Pollution Control Board decided to ban the construction activities at the remaining units. They will be able to operate after registering on the dust control web portal.
HSPCB said that no large construction sites have installed the sensors so far. Commission for Air Quality Management (CAQM) directed that such sites are also required to install PM2.5 and PM10 sensors to send a live feed to the portal.
HSPCB regional officer Kuldeep Singh said that they have issued notices to all the large units and won’t allow developers to do any construction activity if they disobey the norms, such sites should register themselves at the earliest.
Also, Kuldeep Singh said, “the construction activities at these projects will be forestalled by imposing penalties and prosecuting them to the environmental court. They are responsible for polluting the environment.”
The pollution control board has formed six teams with 3 members in each for inspecting. No penalty has been imposed on any construction and demolition site to date, but HSPCB will impose challans on violators. A portal for real-time monitoring of pollution on C&D sites had been launched by Haryana in January. CAQM directed on October 1, 2021, to launch a portal with a live dashboard to reflect ambient air quality status at specific sites.
CAQM direction said in the statement that all the projects of demolition or construction with an area equal to or more than 500 square meters in NCR are required to register at the web portal. Additionally, video fencing should be facilitated and equipped with remote connectivity will be incorporated into the web portal to monitor all the day and night compliances of dust mitigation measures by the project proponents. Also, reliable and economical PM2.5 and PM10 sensors are required to be installed at the sites and connecting them to a platform with live dashboard accessibility for the pollution control board to monitor activities.
