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Economic Times (India) 07/20/2019 02:16
MUMBAI: Mumbai’s top real estate developers have urged the state government to reduce the premium charges, which they have to pay under different heads, citing liquidity crunch.Developers are seeking reduction in charges related to open space deficiency premium, staircase, lift and lobby, among other levies.After a meeting with Maharashtra chief secretary Ajoy Mehta on Thursday, they told ET that developers may be forced to stall ongoing housing projects if the government does not relax certain conditions.Nayan Shah, president of the Confederation of Real Estate Developers Association of India (Credai) and the Maharashtra Chamber of Housing and Industry, told ET that member-developers met government officials as the industry is passing thro.
Economic Times (India) 07/20/2019 01:43
By Amit KapoorWhile contemplating our natural resources, past conversations often centered around fossil fuels and them becoming scarce due to overuse. However, recent conversations have stirred our attention to another natural resource that is available in abundance but is still causing a crisis in many parts of the world.Water!Water covers approximately 70 per cent of the earth, but only 2 per cent of it is fresh water of which 1.3 per cent is in the form of glaciers and polar ice caps. Many developing countries are struggling with ensuring that this basic resource is safe and accessible. Nowhere is this more obvious than in India. The country has 16 per cent of the world's population and only 4 per cent of the world's water resources at

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