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Builders, brokers meet to strategise realty biz revival

DNMUM439653 | 7/22/2019 | Author : Varun Singh | WC :321

The issues discussed in the meeting ranged from financial crisis to policy paralysis

The suicide of a city-based builder Mukesh Savla has triggered a new debate within the real estate community. Earlier this week, a group of real estate brokers from across the city and top developers held a meeting at Khar to discuss a way out of the mess "the real estate sector has landed itself in".
Prem Batra, a realtor from Bandra, who was present at the meeting, said, "Savla is not the first builder to commit suicide because of financial losses. Earlier this year, another builder Sanjay Agarwal, shot himself at his Chembur office. As his friend, I knew him as a humble human being, he was law-abiding and benevolent. News of his death shook me to the core. After Savla's death, we decided to meet and discuss t
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