The government was giving final touches to the Real Estate Authority Bill, modelled on the lines of the Real Estate Authority Bill introduced by the Central Government, and a draft of the proposed legislation would be available in the public domain within a month, Urban Affairs and Town Planning and Development Authority Minister Manjalamkuzhi Ali said at 'Recon 2014', Kerala's first real estate convention, here.
Online facility for plan approvals for builders and property developers was another major step being planned by the government to cut unprofessionalism and graft in the sector, he said.
"The graft involved in getting clearances from authorities concerned to construct a building is enormous and this in fact is leading to escalation of the project cost", he said, adding the new system, coming into effect from June 1, will do away with the illegal practice and make the process transparent.
He also said due to the acute shortage of land in the state, Kerala cannot afford to stick to the Costal Regulation Zone (CRZ) norms, and the government had already approached the Centre "seeking exemptions", he said.
K Babu, minister for excise, ports and fisheries in his address, said due to the geographical pattern typical to Kerala, land in the state was facing intense pressure.