E - PAPER

CURRENT MONTH

LAST MONTH

VIEW ALL
  • HOME
  • NEWS ROOM
  • COVER STORY
  • INTERVIEWS
  • DRAWING BOARD
  • PROJECT WATCH
  • SPOTLIGHT
  • BUILDING BLOCKS
  • BRAND SYNC
  • VIDEOS
  • HAPPENINGS
  • E-MAGAZINE
  • EVENTS
search
  1. Home
  2. News/Views

New CRZ rules clear coast for realtors

The real estate industry and the new Coastal Regulation Zone (CRZ) 2018 notification are all set to eat up India’s western coast, particularly the Konkan coastline. This means Goa and Mumbai might succumb to the intentions of this profit-driven industry. In December 2018, Union Minister of State

BY admin
Published - Saturday, 19 Jan, 2019
New CRZ rules clear coast for realtors
The real estate industry and the new Coastal Regulation Zone (CRZ) 2018 notification are all set to eat up India’s western coast, particularly the Konkan coastline. This means Goa and Mumbai might succumb to the intentions of this profit-driven industry. In December 2018, Union Minister of State for Environment Mahesh Sharma,in a written reply to queries on whether rise in sea level owing to global warming was posing a threat to Indian coastal villages, said, “The most vulnerable stretches along the western Indian coast are Khambat and Kutch in Gujarat, Mumbai, and parts of the Konkan coast and south Kerala. The deltas of the Ganga, Krishna, Godavari, Cauvery and Mahanadi on the East Coast may be threatened, along with irrigated land and a number of urban and other settlements situated there.” And then, within days, arrived the new CRZ notification that threw open the intertidal zone to the realty industry and caution to the winds. While realtors, who have been struggling to get clearances for coastline projects mired in environmental controversies, are enthralled, those in Mumbai, Goa and the rest of the Konkan region, who were seeking CRZ clearances and/or fighting with the National Green Tribunal (NGT), take it as a window of opportunity.

RELATED STORY VIEW MORE

Commercial Property Insurers FM Open New Centre In Bengaluru
Embassy Office Parks REIT Second Debt Market Foray This Year
India’s Net Annual Office Leasing To Hit All-Time High

TOP STORY VIEW MORE

Ex VP Pepperfry Rahul Kapuria joins Spacewood Office Solutions

Kapuria's role will be to expand business for modular furniture.

12 July, 2025

Why Hiranandani Properties Are Safe Investment Bet

12 July, 2025

Century Real Estate Bold OOH Campaign ‘The Center of Now’

12 July, 2025

NEWS LETTER

Subscribe for our news letter


E - PAPER


  • CURRENT MONTH

  • LAST MONTH

Subscribe To Realty+ online




Get connected with us on social networks!
ABOUT REALTY+

Started in 2004, Realty+, an exchange4media group publication is one of the most respected real estate magazines in India with offices in Delhi, Mumbai and Bengaluru.

Useful links

HOME

NEWS ROOM

COVER STORY

INTERVIEWS

DRAWING BOARD

PROJECT WATCH

SPOTLIGHT

BUILDING BLOCKS

BRAND SYNC

VIDEOS

HAPPENINGS

E-MAGAZINE

EVENTS

OTHER LINKS

TERMS AND CONDITIONS

PRIVACY-POLICY

COOKIE-POLICY

GDPR-COMPLIANCE

SITE MAP

REFUND POLICY

Contact

Mediasset Holdings 3'rd Floor, D-40, Sector-2, Noida (Uttar Pradesh), Pincode - 201301

tripti@exchange4media.com
realtyplus@exchange4media.com

+91 98200 10226


Copyright © 2024 Mediasset Holdings.
Rental Mobil bandung,Sewa Mobil Bandung, Rental bandung, Sewa Mobil, Jual Mesin Antrian, Harga Mesin Antrian, Mesin Antrian Murah, Jual KIOSK,Mesin Antri, Berita Terkini, Info Bray,Info Tempat Wisata,Portal Berita,Jasa Website