Q:Good news for those whose bought property in Mumbai and stuck due to change in building regulation, construction begins in many projects that had been stuck for years.
Latest Answer: Hi everybody,
Developers in Mumbai always wanted to buy land and since they mostly did not get financing to buy land, they stretched themselves too thin. In a city like Mumbai known for its sky touching property and land prices, this became a big responsibility, when real estate firms, after having invested heavily, could not launch its projects due to a steady on approvals when development control regulations were amended or coastal regulations were changed.
