#RealtyNewsRoundUp: Consider Project Delays On Case-To-Case Basis: Bombay HC To MahaRERA
The Bombay High Court has upheld the Constitutional validity of the Real Estate (Regulation & Development) Act, 2016, saying it was crucial to protect the interests of buyers. However, the court has allowed a significant leeway for real estate developers by permitting the Maharashtra Real Estate Regulatory Authority and the Appellate Tribunal to consider project delays on a case-to-case basis. In cases where delays are caused due to "exceptional and compelling circumstances, projects or developer's registration should not be cancelled, the HC ruled on December 6.
Even as the National Green Tribunal came down heavily on it for wanting “all the things to be done by the others", the Delhi government on December 6 issued the standard operating procedure to all the authorities concerned for taking immediate measures to combat air pollution. The measures include sprinkling of water on the city roads and action against the polluting vehicles.
On December 5, the Uttar Pradesh Cabinet, headed by Chief Minister Yogi Adityanath, gave its approval for the development of the Noida International Greenfield Airport at Jewar. The airport would be developed in four phases, an official spokesman said. Nearly 3,000 hectares of land would be needed for the development of an international airport at Jewar near Noida, say estimates of the Uttar Pradesh government. Of this land, 1,206 hectares worth around Rs 3,000 crore would be needed in the first phase.
The Taj Mahal, India's iconic ivory-white marble mausoleum in Agra, is the second-best Unesco (United Nations Educational, Scientific and Cultural Organization) world heritage site in the world, travel portal Trip Advisor has said. With over eight million visitors every year, the monument of love built by Mughal emperor Shah Jahan in the memory of his wife Mumtaz Mahal, is rated after Cambodia's Angkor Wat.
Source: Media reports