#RealtyNewsRoundup To Boost The Real Estate Sector Govt Cuts Down Formalities
Channel: PropGuide
Date: 2016-02-17

To boost the Indian real estate sector, the government has decided to cut down forms and formalities a developer needs to have before laying the foundation of a project. The Ministry of Environment and Forests has decided to reduce the number of conditions that developers have to meet from 30 to a range of six to eight, depending on the project size.
 These norms are related to water conservation, natural drainage, solid-waste management, energy, air quality, noise and green cover. 

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