Representative image 
Business

MCD slaps Rs 5 lakh fine on Godrej Prop arm

In a regulatory filing on Saturday, Godrej Properties informed that its subsidiary Godrej Vestamark LLP on October 16 received an order in this regard under the Delhi Municipal Corporation Act 1957.

DTNEXT Bureau

NEW DELHI: The Municipal Corporation of Delhi (MCD) has imposed a penalty of Rs 5 lakh on a subsidiary of Godrej Properties for not taking environment safety precautions in construction works at its project site here.

In a regulatory filing on Saturday, Godrej Properties informed that its subsidiary Godrej Vestamark LLP on October 16 received an order in this regard under the Delhi Municipal Corporation Act 1957.

The violation made by the subsidiary is “non-adherence to the directions contained in the order of NGT dated April 10, 2015 as well as the Ministry of Environment and Forests Guidelines, 2010 in relation to precautions required to be taken while carrying on construction at its project in New Delhi”, the filing said.

Godrej Properties is one of the leading real estate firms in the country. It has a major presence in Mumbai Metropolitan Region, Delhi-NCR, Pune and Bengaluru.

Chennai gold price dips by Rs 480, silver increases to cost Rs 280 per gram on March 17, 2026

DMK to finalise seat-sharing numbers with Left, other allies on March 17

MRTS opens, but residents flag last-mile bus gaps near Puzhuthivakkam, Adambakkam

United Arab Emirates briefly closes airspace as Mideast fighting escalates

War rages on multiple fronts as Israeli attacks on Lebanon grow amid Iran shipping stranglehold