Press Esc to close
Friday 30 January 2015
News updated at 1:06 PM IST
Weather
Max: 28°C
Min : 17°C
In Bengaluru
Sunny day

Centre pushes for real estate bill

NEW DELHI, DHNS:

With the UPA government pushing hard to introduce the proposed real estate regulatory bill in the monsoon session of Parliament, Union Ministry of Housing is working on issuing guidelines to states on urgent need for streamlining approval procedures for real estate projects.

The guidelines will contain suggestions made by a panel headed by Dhanendra Kumar, former chairman, Competition Commission of India, constituted by the Ministry of Housing for streamlining approval procedures for developmental projects.

The suggestions include simplifying the procedure of approval of different agencies, by both Central and state governments and removing unwanted bottlenecks.

As the proposed real estate regulatory bill specifically emphasises on streamlining the approval system, the ministry will direct the states to start working on this issue, Girija Vyas, Union Housing and Urban Poverty Alleviation Minister told Deccan Herald.

The committee, which submitted its report to the Housing Ministry recently, also recommended using an information technology-enabled single-window approval system, providing fast-track clearances, especially for affordable housing projects.

At present, each real estate project requires a minimum of 30 to 50 permissions from different agencies including water, land, electricity and town planning, which were considered as one of the major reasons for delaying the projects. 

The committee in its findings said the average time taken for obtaining all approvals for a residential project in Delhi is 141 days while it takes 599 days in Trivandrum.  


Go to Top

Photo Gallery
A groom leads his horse in the equine pool after working out on the track, during early morning...

A groom leads his horse in the equine pool after working out on the track, during early morning...

A handler bathes a horse after a training session ahead of the Indian Derby in Mumbai...

A handler bathes a horse after a training session ahead of the Indian Derby in Mumbai...

Ladakhi women offering prayers during the inauguration of traditional Buddhist prayer...

Ladakhi women offering prayers during the inauguration of traditional Buddhist prayer...

A Police man takes pictures as the Raisina Hill which houses India's most important ministries...

A Police man takes pictures as the Raisina Hill which houses India's most important ministries...

A man walks on a snow covered path after in Srinagar on Thursday. Temperatures drop due...

A man walks on a snow covered path after in Srinagar on Thursday. Temperatures drop due...

A scene after light snow fall at Dal Lake in Srinagar on Thursday...

A scene after light snow fall at Dal Lake in Srinagar on Thursday...

Migratory seagulls are seen above the river Ganga during Magh Mela in Allahabad...

Migratory seagulls are seen above the river Ganga during Magh Mela in Allahabad...

President Pranab Mukherjee leaving for Beating Retreat ceremony from forecourt...

President Pranab Mukherjee leaving for Beating Retreat ceremony from forecourt...

School children perform during presentation of National Bal Shree Honour 2011 & 2012...

School children perform during presentation of National Bal Shree Honour 2011 & 2012...

Bollywood actor Anil Kapoor during inauguration of International Bicycle & Fitness Expo...

Bollywood actor Anil Kapoor during inauguration of International Bicycle & Fitness Expo...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523