India"s environmental ministry has issued a previous judgement which forbade any construction within a 10 km radius of Noida"s Okhla bird sanctuary , it has been reported . As a result , construction companies will be able to apply obtain the paperwork required to develop infrastructure in the surrounding area , including DLF"s Mall of Noida ; stocks in the area have fallen by 1 % and similar construction projects such as Jaiprakash construction have seen more dramatic stock surges of up to 10 % .
India"s environmental ministry has overruled a previous judgement which forbade any construction within a 10 km radius of Noida"s Okhla bird sanctuary, it has been reported. As a result, construction companies will be able to apply obtain the paperwork needed to develop infrastructure in the surrounding area, including DLF"s Mall of Noida; stocks in the firm have increased by 1% and similar construction companies such as Jaiprakash Associates have seen more dramatic stock surges of up to 15%.