India, Feb. 18 -- The National Green Tribunal (NGT) Western Bench on Tuesday imposed environmental damage compensation (EDC) of Rs.7.36 crore on the developers of Prayeja City-I for violations of statutory environmental norms, bringing closure to a long-pending dispute.

Reacting to the NGT order, Sandeep Jani, director, Prayeja Realty Private Limited, said, "I have yet to receive the final order. Further decision will be taken after consulting our legal team."

The tribunal directed the project proponents to deposit the amount within two months from February 17, the date on which the order was uploaded. The sum will be deposited with the Maharashtra Pollution Control Board (MPCB) and used for environmental restoration in the affected are...