Illegal Farmhouses Destroy Aravali Trees
In what seems to be an alarming trend, the Aravali hills are witnessing a surge in illegal farmhouse constructions, resulting in the disappearance of countless trees. These sprawling farmhouses, built without proper authorization, are causing severe damage to the fragile ecosystem of the region.
The Aravali range, covering areas across Northern India, has long been hailed for its rich biodiversity and importance to the local environment. However, the recent illegal construction boom has put this fragile ecosystem at risk. As these farmhouses proliferate, the once-abundant canopy of g..
Noida authority demolishes 50 farmhouses on Yamuna
In the wake of extensive flooding earlier this year, the Noida Authority launched its first anti-encroachment drive, resulting in the demolition of approximately 50 illegal farmhouses situated on the Yamuna floodplains in Sector 151. These farmhouses, spanning several acres, had encroached upon the floodplain, with owners constructing concrete structures and operating commercial activities from these locations.
Following heavy rainfall in July, the Yamuna River inundated farmhouses and colonies along its banks, necessitating a four-day rescue operation involving the NDRF, local police,..
Delhi's proposed agricultural land rate hike, sparks concern
Residents Sceptical of Sahastradhara Road Widening
Residents in Dehradun have raised questions and expressed scepticism regarding the proposed widening project for Sahastradhara Road. The project, aimed at widening the road to accommodate increased traffic, has faced criticism and scrutiny from local residents concerned about its potential impact on the environment and surrounding areas.
The Sahastradhara Road widening project has sparked debate among residents, with some questioning the necessity and feasibility of the initiative. Critics argue that widening the road may lead to the loss of trees, green spaces, and heritage structures ..
Warburg Pincus Acquires Shriram Housing Finance
Warburg Pincus, a leading global private equity firm, has announced its acquisition of Shriram Housing Finance for an impressive sum of Rs 4,630 crore. This strategic move underscores Warburg Pincus' commitment to expanding its presence in the Indian financial sector and capitalizing on the growing demand for housing finance solutions in the country.
Shriram Housing Finance, a subsidiary of Shriram City Union Finance, has established itself as a key player in the affordable housing finance segment, catering to the needs of millions of aspiring homeowners across India. The acquisition b..