Press Esc to close
Wednesday 05 August 2015
News updated at 3:58 PM IST
Weather
Max: 32°C
Min : 21°C
In Bengaluru
Generally cloudy

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
Police stand at the site of a train derailment near Harda, Madhya Pradesh...

Police stand at the site of a train derailment near Harda, Madhya Pradesh...

Officials and members of the rescue operation stand in a carriage of a derailed train near Harda...

Officials and members of the rescue operation stand in a carriage of a derailed train near Harda...

Police and members of the rescue operation stand at the site of a train derailment near Harda...

Police and members of the rescue operation stand at the site of a train derailment near Harda...

Locals wade through a waterlogged road after high tide on River Ganga at Kalighat...

Locals wade through a waterlogged road after high tide on River Ganga at Kalighat...

Foreign tourists wade through a waterlogged road after high tide on Ganga river at Kalighat...

Foreign tourists wade through a waterlogged road after high tide on Ganga river at Kalighat...

Children sitting on the roof of a house in a flooded village at Satul in Murshidabad...

Children sitting on the roof of a house in a flooded village at Satul in Murshidabad...

Manish Malhotra with actress Aishwarya Rai on the ramp at the India Couture Week...

Manish Malhotra with actress Aishwarya Rai on the ramp at the India Couture Week...

Juhi Chawla at an interactive session on health hazards due to mobile radiations in Mumbai...

Juhi Chawla at an interactive session on health hazards due to mobile radiations in Mumbai...

Sania Mirza walks the ramp during a fashion show at India International Jewellery Week...

Sania Mirza walks the ramp during a fashion show at India International Jewellery Week...

Nawazuddin Siddiqui in Bhopal on Monday to promote his upcoming film 'Manjhi - The Mountain Man'...

Nawazuddin Siddiqui in Bhopal on Monday to promote his upcoming film 'Manjhi - The Mountain Man'...

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