A group of home buyers of bankruptcy-hit Jaypee Infratech has written to IRP Anuj Jain that the interests of thousands of people who booked flats in Jaypee Wishtown project in Noida should be protected while finalising any resolution plan.
Home buyers have also questioned the criteria adopted for evaluating various bidders interested in debt-resolution of Jaypee Infratech, saying that it is "arbitrary and highly skewed in favour of financial creditors".
The environment ministry has firmed up suggetion that we need each corporate company seeking green clearance to set 2% of its capital investment for CER (Corporate Environment Responsibility).
The guidelines make it mandatory for companies to set aside funds for CER over and above what is required for executing the environment management plan in a project affected area.
DDA is set up a proposal under the guidance of the "Urban Development Ministry" to turn territories that were distinguished for Land Pooling into a giant, coordinated Smart City. Around 21,933 hectares in Najafgarh, will be changed over into a model city. Land Pooling Policy in Delhi would get operational soon and concurrent.
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