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Economists, traders and central banks around the world are warning of the dangers to China’s financial stability, calling on Beijing to behave to stabilize the housing disaster. The International Monetary Fund’s chief economist, Pierre-Olivier Gourinchas, stated final week that China’s real estate crisis was undermining confidence and causing financial difficulties. MahaRERA, the true estate regulatory authority in Maharashtra, plans to develop a framework for high quality assurance reporting in real estate projects. Developers shall be required to report on the standard of supplies and workmanship twice a yr. The reports shall be made available to homebuyers to help them make …