Track2Realty Exclusive: Administrative Reforms

A. Single window clearance for building approval.

B. Uniform and simplified building permissible rules.

C. No discretionary stoppage of work after granting approval for commencement without hearing by regulator/civil court.

D. Mindset reform; special campaign for political leaders and bureaucrats to support/accelerate growth, remove impediments.

E. To put mandatory block mentioning following in every order/permission, Date of application, Potential investment, Potential contribution to GDP in rupees, Potential new employment generation, Date of sanction, Number of days delay beyond permissible limit, reasons.

Track2Realty: Opposing the Maharashtra government’s decision to impose local body tax (LBT) in lieu of octroi, developers’ apex body CREDAI Chairman Lalit Kumar Jain said the new levy will result in rise in corruption and be detrimental to business as well as consumers. There is a potential threat of it becoming breeding ground of corruption.

Track2Realty: Opposing the Maharashtra government’s decision to hike stamp duty and other taxes related to property, CREDAI has cautioned against capital flight from the State to neighbouring Gujarat and even to Jakarta.