Housing construction ban:Assn terms Karna plan unrealistic

A leading real estate developers association Friday termed as "unrealistic" the Karnataka government's plan to impose a five year ban on construction of multi-storeyed residential buildings in the city in view of the acute water crisis.

Reacting to the governments intention, the chairman of Confederation of Real Estate Developers Association of India (CREDAI), Bengaluru chapter, Suresh Hari said it was unrealistic "because it will bring development to a grinding halt."