Crackdown on Delhi Hotels Engaged in Unlawful Groundwater Extraction

08 Dec 2023 CW Team

The NGT's intervention comes in the wake of growing apprehensions regarding the depletion of groundwater levels, a critical natural resource essential for the sustenance of ecosystems and communities.

Hotels found to be extracting groundwater without proper authorisation are now subject to stringent measures aimed at both rectifying the violation and setting a precedent for responsible water management practices.

The move aligns with broader environmental and conservation efforts, emphasizing the imperative to safeguard and preserve water resources in the face of increasing demand and environmental stress.

The NGT's crackdown serves as a reminder to businesses, especially in the hospitality industry, to adhere to regulations and adopt sustainable practices that contribute to the long-term well-being of the environment and local communities."

Real Estate

08 Sep 2025

Max Estates Acquires Gurugram Land for Rs 30 Billion Project

Max Estates Limited has secured development rights for a 7.25-acre land parcel in Sector 59, Gurugram, situated along the prestigious Golf Course Extension Road. The company announced in a regulatory filing on 6 September that it will develop a premium residential project on the site, with an estimated booking value exceeding Rs 30 billion.As part of the transaction, the company’s board has approved acquiring full ownership of Base Buildwell Private Limited (BBPL), the special purpose vehicle holding the licence and development rights for the plot. The acquisition remains subject to regulato..

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