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SC: PROJECT COST VALID FACTOR FOR COMPUTING GREEN COMPENSATION
Hindustan Times Noida
|February 01, 2026
The Supreme Court has strengthened the hands of the National Green Tribunal (NGT) to impose higher environmental compensation (EC) on real estate projects, observing that if a company profits more from the scale of the project, it needs to bear more responsibility towards the environment.
The order passed on Friday came in two appeals challenging separate orders passed by the NGT western zone bench at Pune imposing %5 crore environment compensation on a %335-crore project built by M/s Rhythm County in August 2022 and %4.47 crore EC on a 276-crore project developed by M/s Keystone Properties in September 2022.
Dit verhaal komt uit de February 01, 2026-editie van Hindustan Times Noida.
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