Karnataka move to ban construction is no solution
5 years, 8 months ago

Karnataka move to ban construction is no solution

Deccan Chronicle  

Chennai: The Karnataka government’s move to ban housing construction in Bengaluru for five years in the face of a water crisis will stir up prices of newly constructed housing property in the city. However, homebuyers with new ready properties whose prices remained stagnant over the last two-three years may have a reason to cheer as finally the value of their property will rise,” said Anuj Puri, Chairman, Anarock Property Consultants. Processes combining conservation techniques, alternate technologies and recycling processes should be made part of future developments, including real estate, infrastructure, manufacturing etc,” said Shishir Baijal, CMD, Knight Frank India, a global property consultancy. “Instead of opting for such an extreme move to quell the water crisis, the government could take adequate alternate measures to conserve water, manage its sources and ensure that concepts like rainwater harvesting are strictly imbibed by housing societies and builders.

History of this topic

Bengaluru survey finds 66% of under-construction buildings missing required approvals: Report
2 months, 1 week ago
Construction sector impacted in Bengaluru as immigrant workers travel to vote
11 months ago
Purchasing Even 50 Sq Mtrs Plot A Dream In Bangalore, Authorities Should Favourably Consider Sanctioning Building Plans: High Court
1 year, 2 months ago
Karnataka High Court Urges Collaborative Action Plan To Address Illegal Constructions In Bengaluru
1 year, 7 months ago
Construction ban flouted in several Delhi colonies
2 years, 4 months ago
Karnataka stares at Mumbai-like migrant labour situation
4 years, 11 months ago
Karnataka govt contemplates five-year ban on construction of residential multi-storeyed buildings amid dwindling water supplies
5 years, 8 months ago
Construction activity to stop? Activists plan to move court
6 years, 5 months ago
Karnataka plans slew of schemes for construction workers
11 years, 6 months ago
Construction workers look for support
12 years, 5 months ago

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