The dawn of the new Prime Minister has bought new hopes among the under-performing industries. The property sector is anticipating for revival and with this hope, the real estate body of Noida has sent a request to Narendra Modi asking for implementation of single window clearance system that would bring better transparency in the upcoming projects.According to the sources, BJP President and the leader contacted the real estate groups and guaranteed them to upgrade the system which would be beneficial for both real estate sector and homebuyers.One of the members of CREDAI said that the application presented to the PM focuses that how the project has to go through large number of authorities for approval which not only increases the cost of production but also is the prime reason for delay of the projects.For any developer in Uttar Pradesh, it takes approximately one year to pass all the clearances. The real estate body is completely relying on Modi that he will solve their problems.As per the developers, since the state and central bureaus act separately without communicating with each other which cause the delay in projects, right from the inception, there is an immediate requirement to modify the clearance process. The multiplicity of authorities for project approvals has led to increase in the overall project cost by 40%.If single window clearance system is brought under operation then there are chances that project costs may decrease by 25% and the sales may also double. This will in turn result in healthy real estate industry. So let’s see how soon the system will MODIfy.займ на карту без отказов круглосуточновзять кредит онлайн