Audit pertaining to the quality of raw material used in construction and other dafety measures to be taken forth for the purpose of disaster managements shall be conducted under this safety audit. Noida falls under the seismic zone 4 as well as close to river Yamuna and the association want all these factors to be taken into consideration by all the realtors who are developing project in and around the area.
Against the existing per-person-per-hectare (ppph) of the city is 500 as per master plan 2021, the NCR Planning board has drafted a Master Plan 2031 and increased this ppph to 1650. As the permissible population density has been increased, Noida shall not be accommodates more real estate project on the similar lines and this will ultimately lead to civic crisis. This issue has already been addressed to Noida Authority, MLA Pankaj Singh as well as industry minister Satish Mahana. The issue may also generate environmental hazards.
The move of enhanced ppph has been opposed in January 2017 by the Nefowa on the grounds that Noida city lies in Sesamic Zone 4 and is not capable to handle such amount of pressure. Even for the stakeholders, this random increase in ppph could lead to serious implications. More density requires more accommodation of apartments and this may also lead the civic system out of gear.
The regulator determined that the project was ongoing when the real estate law came into…
Due Diligence Before Purchasing Property, Due diligence is an essential step in any real estate…
This follows a SEBI order on November 4 directing Embassy REIT to suspend Aravind Maiya…
Previously, Macrotech also acquired real estate firm Ivanhoe Cambridge's stake in the three entities, aligning…
LEED (Leadership in Energy and Environmental Design) certification has become a prestigious standard in the…
From January to September 2024, QIP issuances across all sectors totaled ₹75,923 crore, with real…
This website uses cookies.