Mumbai : The implementation of the new Development Control (DC) rules has brought the real estate development in the city to a grinding halt. TheBrihanmumbai Municipal Corporation (BMC) received only two proposals in the last two months compared to 15 a day during peak time. The civic body has not cleared either of the proposals.
“Only two developers dared to submit their proposals in two months. The poor response will have a long cascading effect on the city’s development and real estate prices. The market moves on the calculation of demand and supply. If the supply dries up, prices will skyrocket once again,” an industry expert told DNA. Read more
Source : dnaindia.com






“We have destroyed what is priceless. It would be no surprise if the next generation inherits a earth sans birds, animals or plants. It is the legacy what we leave to our children. Children should become ambassadors for any movement and adopt what is right, only then can Earth be preserved,” said founder of Spectral Service Consultants Prem C Jain after releasing a technical volume of Buildtech at NIE indoor stadium here on Saturday. 


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