The Department of Town and Country Planning (DTCP) in Gurugram has issued notices to developers, requesting them to submit building drawings of their projects to begin structural audits. The audit is aimed at assessing the integrity and stability of 23 high-rise residential societies within the region. The structural audit cost will be shared between the developers and RWAs.
"For gems and jewellery, the major contributing market is the US and China, the demand is slowing there. Rising interest cost, inflation, all these concerns and consumers confidence is also going down," GJEPC Chairman Vipul Shah said.