CREDAI Demands Single Window Clearance System to Hurry up Approval Processes
MUMBAI: realty trade body, CREDAI, has demanded for one window clearance system, to hurry up the approval processes. "McKinsey has said in its report back to the govt. of India that delays in approval processes alone increase sale price of homes by 40%," said CREDAI in its press unleash.
The trade body has conjointly taken up the difficulty of confusion caused by varying directions from state and central government.
"The varied Central and State Government Departments are issuing directives in isolation," said the discharge issued by CREDAI, "For instance, the atmosphere Ministry issued Building Approval tips authorising its Committees to link the peak of a building to its distance from a fireplace Station, though the Ministry is neither the technical nor the executive head of fireplace Safety issues! Such arbitrary exercise of power by MoEF has crippled the world attributable to approval delays, adding to costs" Delays attributable to multi level clearances, from virtually 40 agencies, takes virtually as long as 18 months.
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