Realtors' apex body Credai today expressed concern over huge delays in getting construction approvals for projects and demanded that the government should implement single-window clearance mechanism.
Credai has written a letter to Housing and Urban Affairs Minister Hardeep Puri seeking certain reforms in the Indian real estate sector including the implementation of the single window clearance mechanism.
The association has also cited India's poor ranking at 181 place in the 'Dealing with Construction Permit' category in The World Bank's Ease of Doing Business' report.
Confederation of Real Estate Developers' Associations of India (Credai) National President Jaxay Shah said: "Currently, there are a number of pressing issues pertaining to the Indian real estate sector that need to be addressed on an immediate basis. For a start, attaining construction permits and approvals is an extremely tedious task for real estate developers in the country."
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