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BMC issues stop-work notices to 18 builders for not paying charges of Rs 357 cr
Updated On: 24 November, 2017 10:00 AM IST | Mumbai | A Correspondent
The Brihanmumbai Municipal Corporation (BMC) has issued stop-work notices to developers of 18 construction projects coming up on its plots

The Brihanmumbai Municipal Corporation (BMC) has issued stop-work notices to developers of 18 construction projects coming up on its plots. Several developers have defaulted in paying premium charges of over Rs 357 crore and have also failed to complete the projects within the promised period, thus inviting trouble. "We even simplified the process with certain policy changes in 2012, and yet, there has been a delay in payments," said an official.

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