Panel suggests single-window approval for realty projects, green ministry abstains

by Paul Joseph on March 15, 2013 · 0 comments

NEW DELHI: A panel set up to streamline the approvals procedure for real estate projects has recommended the single-window clearance model in a report that does not have any inputs from the ministry of environment. Large real estate projects require clearances from the Airports Authority of India (AAI) and also the environment ministry, which is a time-consuming procedure that often leads to project delays and cost escalation. According to a senior official, representatives of the environment & forests ministry have stayed away from every meeting of the panel, which was set up last year under former Competition Commission of India chairman Dhanendra Kumar. “We will write to the ministry of

[via India Properties - Real Estate India - Indian Property News Site]

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