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ARTICLE · 07 OCTOBER 2016

Environment v/s Real Estate

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One of the continuing struggles of the 21st century has been to attain a harmonious construct in achieving economic development, in a way which does not threaten or cause environmental degradation.

IndiaEnvironment
Abhishek Sharma
Abhishek Sharma
Amit Wadhwani
Amit Wadhwani
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INTRODUCTION

One of the continuing struggles of the 21st century has been to attain a harmonious construct in achieving economic development, in a way which does not threaten or cause environmental degradation. In the wake of various environmental disasters witnessed in the past few decades, there has been a growing consensus to ensure that all real estate projects be developed in accordance with prescribed safety standards and consistent with environmental compliances and do not lead to any environmental hazard, specifically with respect to those projects which are constructed in close proximity to natural resources such as forest, wildlife, coastal zones and other eco-sensitive areas.

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