Affordable Housing Finance: A Strong Case for India Shelter Finance

Introduction: India is witnessing a significant rise in its urban population, fuelled by economic growth and migration. This urbanization has created a substantial demand for affordable housing, particularly among the middle class and low-income segments. Addressing this demand requires innovative financial solutions and dedicated institutions like India Shelter Finance (ISF). The Indian government has recognized…

Read More

Navigating the Complex Terrain: Land Acquisition in India – A Comprehensive Analysis of Legal, Social, and Environmental Dimensions

Introduction : Embassy Industrial Parks, a subsidiary of Blackstone recently acquired 124 acres for around Rs. 177 Crore from the Karnataka Industrial Areas Development Board in the Nelamangala Taluk. Land acquisition in India is governed by The Land Acquisition Act, of 2013. The primary objective of the Act is to establish and oversee a transparent,…

Read More

Adopting Non-FSI Area Domains for Green Nod

Introduction:- In a landmark decision with potential repercussions for real estate ventures nationwide, the National Green Tribunal (NGT) has reshaped the criteria for evaluating environmental clearance. The tribunal emphasized that fire safety provisions, parking spaces, and recreation grounds should now be integral components when calculating a realty project’s built-up area. The significance of this ruling…

Read More

NGT’s Call for Urgent Environmental Reforms

NGT’s Judgement In a recent dеcision, a bеnch comprising Chairpеrson Justice Prakash Shrivastava, Justicе Sudhir Agarwal, and Dr A. Sеnthil Vеl at thе National Grееn Tribunal (NGT) dеlivеrеd a robust critique of thе SPCBs (State Pollution Control Boards) and thе CPCB (Central Pollution Control Board). The tribunal’s order, prompted by a news report on 20th…

Read More