Construction activities are prohibited in Delhi due to the extreme pollution there
The government's announcement of a construction ban is intended to mitigate the severe pollution that Delhi, NCR is experiencing.
Although this is a crucial step in protecting the environment, the month-long ban will cause delays for ongoing projects, which presents a big problem for the real estate industry.
The ban, according to real estate developers, presents a problem for the industry because it may slow down the completion of projects.
The real estate industry may face difficulties because the government was forced to impose a construction activity ban to mitigate the deteriorating air quality.
To counterbalance the increasing pollution levels in and around the nation's capital, this measure is crucial. To continue construction, we intend to carry out non-polluting soft activities, according to Raheja Developers' Nayan Raheja.
Nevertheless, we will make an effort to keep performing tasks like equipment installation and interior renovation that do not worsen the environment. This can only be accomplished by following the government's regulations, but in order to prevent significant backlogs in task completion, we must make sure that as many tasks are completed as possible. MD of Omaxe Group, Mohit Goel.
While environmental conservation is critically needed, it will present challenges for both builders and homebuyers in the real estate market.
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