Ministry of Environment and Forest (MEoF) have received 552 proposals for Environment permissions in and around Mumbai and Pune for Real Estate Development. Big names in the Real Estate industry have asked for the clearance and permission for Real Estate development work.
Though the process of clearances are on various stages like application, public hearing, environment assessment, apeals etc, these 552 big projetcs are likely to hit the Real Estate market very soon. Some of the projects have already started with their respective infrastructre work and securing the site with Patra boudaries and many have started the piling work also.
Many large projects and integrated townships are not going in for Environment Clearance and Permission on pretext that individual buildings or small sectors/ segments of land are been constructed. It will be a big issue after the completion of the building and occupants will have to seek the permission in place of builder as in the case of Occupancy Certificate (OC) and Building Completion Certificate (BCC).
In these 552 projects, large townships and commercial hubs are been planned. The list is available with Accommodation Times where big names were denied permission to some of the big projects they intend to announce near Dewali.
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