Developers, home owners in Gurugram protest curbs on sale of fourth floors

Around 100 people, including builders and house owners, gathered at the office of the Huda administrator on Friday and protested against a recent directive restricting registration of newly built fourth floors as independent residential units.The protesters claimed they had spent crores of rupees in building additional floors after the state government had in 2017 allowed construction of fourth floors in licensed colonies and Huda sectors. They complained this sudden change in policy would cause huge losses to small developers and house owners, who were hoping to make profits by selling the additional flours.

Source : ET Realty