City Estate Express
Edition: October, 2021

Gujarat CM promises administrative reforms for real estate sector


Gujarat Chief Minister Bhupendra Patel on October 6 assured the real estate developers that the state government is ready to undertake administrative reforms for the real estate sector and reduce confusions arising out of administrative provisions or directives.

"The state government is ready to take up administrative reforms. Whatever reforms are required for the building sector will be undertaken in consultation with the industry," Patel said addressing a bevy of real estate developers at the launch of CREDAI Foundation, a permanent Corporate Social Responsibility (CSR) initiative of CREDAI Ahmedabad-GIHED.

"With your support, the government will make all efforts to minimize administrative confusions as much as possible. We want to put an end to the practice where files (projects) are held up due to two or more interpretations of a single provision. Once a provision is made, it should carry only one meaning (interpretation) at a time," added Patel, who himself is a builder.

He, however, quickly made it clear that his government has never done anything wrong and will never indulge in any wrongdoings. "Get one thing clear, any stain on me is a stain on you," the CM told the developers.

Talking about the delays faced by realtors in project execution, Confederation of Real Estate Developers' Associations of India (CREDAI)'s national Vice-President Shekhar Patel stated that around 12 months are consumed from the time the non-agriculture permission for a land is sought till the realty project receives registration from the state Real Estate Regulatory Authority (RERA).

"The government should take steps to reduce this period to 3 months to expedite project execution. The construction sector provides highest employment, pays maximum taxes to the state and Centre as well as it is the biggest wealth creator," the CREDAI national vice-president said.

CREDAI-Ahmedabad has created a permanent foundation for its CSR activities. "The foundation aims to take up CSR activities, which include skill development of labourers, providing nutritious food and education to the children of construction workers. It will also develop a public garden on Ahmedabad Municipal Corporation land near CREDAI-Ahmedabad house in the city," said Tejas Joshi, President, CREDAI Ahmedabad-GIHED, which an Ahmedabad city chapter of CREDAI.

Source: TNN, Ahmedabad