CREDAI wants government to work on approval processes
Confederation of Real Estate Developers’ Associations of India (CREDAI) has decided in the two days conference in Pune, that the government should facilitate the approval process for the betterment of the sector.
CREDAI wants speedy clearance for the development proposals, uniformity on taxation of the realty sector.
According to CREDAI, a builder has to meet 64 different departments for getting the clearance of any project. And the entire process take time between 24 to 36 months. Which results into cost increment.
CREDAI has proposed a single window clearance system for the real estate projects in Pune, along with suggested a realistic approach for FSI rules.
More related story:
CREDAI implemented code of conduct to triumph over customer complaints
Source : Times of India
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