+
Over 4,600 Building Approvals Pending
Real Estate

Over 4,600 Building Approvals Pending

The Nilgiris region is grappling with a significant backlog, with more than 4,600 building approval applications pending. This backlog presents challenges for developers and underscores the need for streamlined approval processes to facilitate timely and efficient construction in the region.

The substantial number of pending building approvals in the Nilgiris highlights the pressing need for administrative efficiency and measures to address the backlog. The delays may impact the pace of construction projects and have implications for the overall real estate development in the region.

As developers await approvals, the situation in the Nilgiris calls attention to the importance of expediting the approval process to support the growth of the real estate sector. A streamlined and efficient approval mechanism is crucial for fostering a conducive environment for construction activities and ensuring the timely completion of projects.

The challenges posed by the backlog of building approval applications in the Nilgiris emphasise the need for coordinated efforts between authorities and developers. Resolving the pending applications swiftly is essential to unlock the potential for real estate development, contribute to local economic growth, and meet the housing demands in the region.

The Nilgiris region is grappling with a significant backlog, with more than 4,600 building approval applications pending. This backlog presents challenges for developers and underscores the need for streamlined approval processes to facilitate timely and efficient construction in the region. The substantial number of pending building approvals in the Nilgiris highlights the pressing need for administrative efficiency and measures to address the backlog. The delays may impact the pace of construction projects and have implications for the overall real estate development in the region. As developers await approvals, the situation in the Nilgiris calls attention to the importance of expediting the approval process to support the growth of the real estate sector. A streamlined and efficient approval mechanism is crucial for fostering a conducive environment for construction activities and ensuring the timely completion of projects. The challenges posed by the backlog of building approval applications in the Nilgiris emphasise the need for coordinated efforts between authorities and developers. Resolving the pending applications swiftly is essential to unlock the potential for real estate development, contribute to local economic growth, and meet the housing demands in the region.

Next Story
Infrastructure Urban

ITCONS Gains on New Rs 3.5 Million Defence Contract

ITCONS E-Solutions is trading at Rs 549.00, up by Rs 12.10 or 2.25 per cent from its previous close of Rs 536.90 on the BSE. The scrip opened at Rs 549.00 and has touched an intraday high and low of Rs 549.00, with 200 shares traded so far.A BSE ‘MT’ group stock with a face value of Rs 10, ITCONS touched its 52-week high of Rs 767.00 on 25 September 2024 and a 52-week low of Rs 166.70 on 5 August 2024. Over the past week, the stock has fluctuated between Rs 560.00 and Rs 510.60. The company's current market capitalisation stands at Rs 3.3 billion.Promoters hold 58.22 per cent of the compan..

Next Story
Infrastructure Urban

Delhi Extends EV Policy Till March 2026

The Delhi government has extended its existing Electric Vehicle (EV) Policy until 31 March 2026, or until a revised version is approved. The decision was made during a Cabinet meeting chaired by Chief Minister Rekha Gupta on Tuesday.According to Transport Minister Pankaj Kumar Singh, the draft of the new policy will undergo broader public consultation before being finalised, prompting the extension to allow time for thorough stakeholder engagement.The consultation process will include inputs from citizens, environmental groups, academic institutions, industry experts, and private firms. Key fo..

Next Story
Infrastructure Urban

Ather Crosses 400 Fast Chargers in Maharashtra

Electric two-wheeler manufacturer Ather Energy announced on Thursday that it has surpassed 400 fast charging points under its Ather Grid network across Maharashtra.The company's fast charging infrastructure now spans 35 cities in the state, including key urban centres such as Mumbai, Nashik, Pune, and Nagpur."Crossing 400 fast chargers in the state is about giving riders the assurance that they'll always find a charger when they need one. As we expand our retail presence, the charging network will continue to grow in tandem to make EV ownership truly seamless," said Ravneet Singh Phokela, Chie..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?