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Home INDIA

Godrej Properties Subsidiary Fined ₹5 Lakh by MCD

by Ayushi
October 22, 2023
in INDIA
The penalty was imposed under the Delhi Municipal Corporation Act 1957 for non-compliance with the NGT's 2015 construction order and the Ministry of Environment and Forests Guidelines from 2010 for safety measures
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The Municipal Corporation of Delhi (MCD) has taken a stern stance on environmental safety violations, imposing a fine of ₹5 lakh on a subsidiary of Godrej Properties. The subsidiary in question, Godrej Vestamark LLP, was served with this penalty on October 16 under the Delhi Municipal Corporation Act 1957, according to a report by PTI.

 

The violation at the heart of this penalty pertains to the subsidiary’s failure to comply with the directives set forth by the National Green Tribunal (NGT) in its order dated April 10, 2015. Additionally, the Ministry of Environment and Forests Guidelines from 2010, which outline safety measures during construction projects, were not adequately adhered to during the construction of a project in New Delhi.

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Godrej Properties, a prominent player in the real estate sector, maintains a significant presence in key metropolitan regions, including the Mumbai Metropolitan Region, Delhi-NCR, Pune, and Bengaluru. The subsidiary, Godrej Vestamark LLP, operates under the larger corporate umbrella and is responsible for various real estate projects, including those in the New Delhi area.

 

Environmental safety regulations are crucial for ensuring the well-being of the environment, public health, and safety during construction activities. Non-compliance with these regulations can lead to penalties and fines, as seen in this case.

 

It is essential for real estate companies and their subsidiaries to uphold environmental standards and adhere to the guidelines set forth by regulatory authorities, including the NGT and the Ministry of Environment and Forests. Such compliance not only ensures the responsible execution of construction projects but also demonstrates a commitment to sustainability and environmental protection.

 

The enforcement of these penalties serves as a reminder that environmental safety rules and regulations must be taken seriously, and all stakeholders in the construction industry should make concerted efforts to minimize the environmental impact of their projects and promote eco-friendly construction practices.

Tags: Delhi ConstructionEnvironmental Safety ViolationGodrej PropertiesGodrej Vestamark LLPMCDMinistry of Environment and Forests GuidelinesNational Green Tribunal
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