Hyderabad: IT minister K.T. Rama Rao said the government would introduce a scheme which provides for automatic approval of house construction plans if officials do not clear applications within 15 days. He said the government had already made the process of issuing occupancy certificates faster and applicants were getting approvals in 15 days.
Speaking at the real estate summit held by the Telangana Real Estate Developers' Association, Confederation of Real Estate Developers' Association India, Telangana Developers’ Association and the Telangana Builders Federation, the minister said that the building approval policy would become popular like the state's industrial policy, TS-iPASS.
“Chief Minister K. Chandrasekhar Rao’s aim is to introduce corruption free administration in all departments. During a Cabinet meeting the CM said that speedy approvals will indicate the efficiency of ministers,” he said. Recollecting the promises made to the real estate sector, Mr Rama Rao said the government had resolved 31 of the 40 major issues.
“Several construction companies from Mumbai, New Delhi and Bengaluru are working in Hyderabad but very few Hyderabadi construction companies are working outside the state. I want their contribution to increase,” he said. “The government is ready to provide basic infrastructure to construction companies. We have already planned to construct 11 expressways with an estimated cost of Rs 11,000 crore, setting up of two more water bodies at Shamirpet and Ramoji Film City costing Rs 7,500 crore and a six-lane expressway from Manchirevula to Nagole along the banks of the Musi,” he said.
Association representatives S. Ram Reddy, P. Dasharath Reddy, C. Prabhakar Rao, G.V. Rao, T. Ram Reddy and R. Chalapathi Rao others took part in the summit....