The Haryana Real Estate Regulatory Authority (HRERA) will reportedly impose a penalty of about Rs 3 billion to Gurugram developers. As reported, the authority has, in the last two years, received 9,496 complaints, of which 6,598 have been disposed off or resolved. It has also issued 509 penalty notices to builders who have defaulted in terms of complying with various provisions of the real estate law. HRERA has imposed penalty of about Rs 400 million on builders so far.
A 1,400 km green belt stretch is reportedly on the books as the Centre explores the idea of building something similar to the ‘Great Green Wall’ in Africa, between Gujarat and the Delhi-Haryana border.
The National Highways Authority of India (NHAI), in a bid to revive public-private partnership (PPP) for its projects, will offer about 950 km of road stretches that are estimated to be worth Rs 300 billion on its Build-Operate-Transfer (BOT) model.
The governments of three states, namely Uttar Pradesh, Tamil Nadu and Bihar have asked the Centre to speed up the approval of new and old projects that have been dormant in terms of construction due to their proximity to heritage sites and structures.