About us | Our Services | Sell / Rent Your Property | Residential Property | Commercial Property | Industrial Property | Farm House |Construct Ur Property |Housing Loan
About Gurgaon
Gurgaon City
Gurgaon Map
Location Finder
 
Properties Available on Sale
Appartments on Sale in Gurgaon
Commercial Office Space on Sale in Gurgaon
Commercial Shops on Sale in Gurgaon
Farm Lands on Sale
Farmhouses on Sale
FSIs on Sale in Gurgaon & NCR
Kothi / Villas on Sale in Gurgaon
Plots on Sale in Gurgaon
Residential / Commercial Lands on Sale in Gurgaon
 
Available on Rent
Apartments on Rent in Gurgaon
Commercial Office Space on Rent in Gurgaon
Commercial Shops on Rent in Gurgaon
Farmhouses on Rent
Kothi / Villas on Rent in Gurgaon
Residential Floors on Rent In Gurgaon
 
Useful Tools
Area Convertor
World Time Clock
EMI Calculator
Affordability Calculator
 
Useful Information
Home Loan
Property Insurance
Color Decoration Tips
Vaastu Tips
Property Related FAQ
NRI FAQs
Document required for Original Booking
Document required for registry of property
Document required for transfer of property
Info related to HUDA
News Details
Posted Date : 8/24/2009 1:03:59 AM
News Headlines : Developers May Benefit from Mining Ban In Haryana Region
News Details :  May 11, 2009
 Contrary to the general perception, the Supreme Court’s judgment to ban mining in the Aravali range in Haryana will help real estate developers in the region. Avaneesh Sood, director of Eros group, the developer of the largest project Charmwood township in the area, said the judgment would not affect construction activities in the area. Instead, he said, it would help improve the environment, landscape and ambiance of the area, which would catapult the area into an upmarket region in NCR.  Rohtas Goel, the CMD of Omaxe another group that has launched a couple of projects in the region also felt the court judgment will help improve the habitation and greenery in the area making it even more attractive. The ban will also help recharge the area’s groundwater. And even a small prospect of reviving the Badkhal lake and other water bodies, for which the area was famous till a few years ago, will push the real estate prices.
 On Friday, SC had imposed a blanket ban on mining in the Aravali range. The ban primarily affects development on the Surajkund Road and Faridabad-Gurgaon Road. There were apprehensions that the judgment will affect construction activities in the area. But, a close look at the judgment allayed any such apprehensions. However, a number of projects are on hold because of the government’s insistence on not allowing the misuse of forestland. Developers said illegal mining proved to be a big menace in the area and ruined the entire landscape of the region. Sood said his group entered the region with housing projects because of the landscape and the water bodies which used to be the unique selling point (USP) of the area. However, the area was degraded because of the unbridled mining. The main attraction of the region, Badkhal lake, almost dried up. On the issue of easy availability of construction material like stone from the area due to mining, developers said they did not source any material from the local stone-crushers, but from Rajasthan. Even infrastructure developers like GMR said they sourced material from Rajasthan. “Therefore, the ban on mining will not push the cost of the implementation of a project,’’ said a senior GMR official.
  
<<Back To News
 
 
© 2008-fortunerealtech.com. All rights reserved. Privacy Policy | Disclaimer
Use of this website signifies your agreement to the Terms of Use.