The Central Bureau of Investigation is likely to file chargesheet against diplomat Devyani Khobragade and her father Uttam Khobragade in the Adarsh Housing scam for allegedly acquiring a flat on the basis of false affidavit.
Around 14 people injured in the collapse are undergoing treatment.
Fire brigade, Mumbai Police and civic officials rushed to the site to carry out the rescue operation.
Taking a cue from neighbouring Gujarat and its successful Vibrant Gujarat summit, Maharashtra has organised a conclave -Transforming MMR into a Global Financial, Commercial and Entertainment Hub - on February 6.
The state-owned airport authority is conducting a techno-feasibility study.
'The two-word answer is: Proper oversight,' says T N Ninan.
This is the second major building collapse in the city in just over a month.
However, the realty players will have to pursue their long-pending demands with the state government for abolition of the Urban Land Ceiling Act, speedy approvals to expedite redevelopment of Maharashtra Housing and Area Development Authority buildings, development of cluster development, rental and affordable housing.
Sensex, Nifty under pressure on weak global cues.