React version not specified in eslint-plugin-react settings. See https://github.com/jsx-eslint/eslint-plugin-react#configuration

When we  build the PCF project and  receive below warning  

Error:

Warning: React version not specified in eslint-plugin-react settings. See https://github.com/jsx-eslint/eslint-plugin-react#configuration .

[4:47:40 PM] [start]  Compiling and bundling control...

Solution : Open the ".eslintrc.json" and add below configuration 

"settings": {

      "react": {

        "version": "detect"

      }

    }