MUMBAI: Mumbai's leading developers' association has said it is committed to bring the industry back on track by ensuring speedy approvals for ongoing projects. Several small-time builders have been complaining of slow clearances from the government resulting in delay of a projects. Lalit Jain, new chairman of Credai, said the body has been campaigning for long for streamlining the approval processes across the country.
"In fact the centre should issue guidelines to states regarding online approvals and single window system," he said and pointed out that the states like Punjab which have implemented Single window system are doing very well. This will help check corruption to a large extent and the money saved would definitely benefit the end buyer, he added. Confederation of Real Estate Developers' Associations of India has over 10,000 members across 20 cities.
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