Realtors' body NAREDCO today said the new model building bye-laws would lead to faster approval of projects and reduction in corruption if implemented by the state governments.
To improve ease of doing business in construction sector, Urban Development Minister Venkaiah Naidu last week released a set of model building bye-laws (MBBL) which provide for a structural framework to create an online single window system for building plan approvals and empower urban local bodies to grant permits within a month.
Hailing the new model building bye-laws 2016, National Real Estate Development Council (NAREDCO) said it is aimed at boosting ease of doing business in the real estate sector.
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"The mechanism creates an approval system that eliminates man to man interaction and thereby reduction in corruption," he added.
Jain has asked the government to fix a time limit for the States to frame their own by-laws on the lines of the model bylaws otherwise corruption will continue as the state governments may willfully delay the process.
"The model building bye-laws provide for the integration of various approvals and NOCs. Once implemented, there will be no requirement for a separate environmental clearance or permission," he said.
Urban Development Minister Venkaiah Naidu had asked state and UT governments to "quickly take steps" to adopt the model building bye-laws in their own laws.