The MGP has opposed de-registration of the 107 projects because it allows the defaulting promoters to evade the penalty of 5% of the project cost as mandated under the RERA Act.
Perhaps the best testimony to Mumbai’s struggle with modern-day greed is the way nature expresses its wrath over the city, year after year in the form of large-scale destructive floods. The question then arises as to what went wrong in the decades spent building Mumbai.
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