Ninety four real estate projects have been stuck for want of occupancy certificates in Dronagiri node of Navi Mumbai due to the Coastal Regulation Zone rules.
Ninety four real estate projects have been stuck for want of Occupancy Certificates in Dronagiri node of Navi Mumbai due to the Coastal Regulation Zone rules.CIDCO, which has given building permissions or commencement certificates to realty developers for these projects, is unable to give OCs as the environmental clearances have not come in, realtors said
CIDCO might have thought that it could get post-facto environmental clearances as per the Union Ministry of Environment, Forest and Climate Control (MOEFCC) policy, environmentalists said. But the post-facto clearance provision was stayed by Bombay High Court in May last year following a writ petition filed by NGO Vanashakti. The stay is in force till May 6 this year
https://www.hindustantimes.com/cities/mumbai-news/94-real-estate-projects-stuck-for-want-of-occupancy-certificates-in-dronagiri-101650398966406.html
Source: Hindustan Times
