Friday, March 09, 2007

forbes list of billionaries is out and the interesting fact is that india now leads the asian billionaires overtaking japan.

and the more interesting fact is that the billionaires, most of them are from real estate sector of india.

this real estate sector run by billionaires does not care about environment, has no clue on green building concepts, frequently flout EIA norms, lobby to relax EIA norms so that they can bulldoze projects, has no open and transparent evaluation of how they get their sand, cement and steel - all of which come at huge cost to environment.

hey, when india's environment is abused to make billionaires that is 'development' right. yeah... development of billionaires and smashing for people who depend on the environment that get abused by real estate sector.


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