Housing sector gets faster approvals

    Housing Sector Approvals
    In order to speed up real estate projects, the urban development ministry has fast tracked housing approvals in Delhi and Mumbai within 60 days. The notification for the model approval process is expected shortly, Union Minister of Urban Development, Housing and Urban Poverty Alleviation, Venkaiah Naidu said. Ensuring this, there will be an online process through which applications will be sent and approvals will happen within the given timelines. In case the approval does not come on time, the owner or developer can file an affidavit and start construction. On this score, Centre organized discussion on these issues on February 28. Metropolises such as Bengaluru, Pune, and Noida, are under scrutiny and comprehensive plans are being drawn to build better infrastructure. The Centre is facilitating creation of funds for urban local bodies in states to make cities good living places.
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