The Confederation of Real Estate Developers Associations of India (Credai) has requested the Government of Tamil Nadu to launch a single window system to build approvals and reduce stamp fees.
In a letter to Tamilnadu Chief Minister and Deputy Chief Minister, Credai Tamil Nadu President S. Sreedharan said the state government should implement the long-awaited single window clearance. He said this would lead to the dynamic and vibrant growth of industry in the state.
The single window system will throw entire building approvals online, including all planning applications, including planning permission and completion certificates, at the click of a button.
Credai Chennai chapter president W S Habib said the government should take immediate steps to reduce stamp duty.
“With amendments to the Tamil Nadu Combined Development and Building Rules, we expect that further measures such as reduction in stamp duty on a par with other states will benefit the revival and robust growth of real estate of the state,” he said.
