Chandigarh- Punjab Housing and City Improvement Minister Hardeep Singh Mundian at the moment knowledgeable that CM Bhagwant Singh Mann led authorities has taken a key choice geared toward boosting the true property sector by formulating a Normal Working Process (SOP) for issuing licenses to develop colonies.
Sharing additional particulars, Mundian stated the Housing and City Improvement division has ready the SOP to streamline the method of granting licenses for growing colonies in areas below its jurisdiction. The method has been divided into two phases i.e. issuance of the Letter of Intent (inside 30 days) and issuance of the License (inside 30 days), fixing the whole time restrict at 60 days from the date of utility submission by the applicant to the involved improvement authority.
The Cupboard Minister identified that earlier, the licensing course of for promoters was prolonged and sophisticated, typically leading to pointless delays by varied improvement authorities working below the division. To handle this concern, the division has now ready a transparent SOP, making certain that in future, licenses will likely be granted inside 60 days from the date of utility submission.
Mundian stated that the complete process has now been made time-bound below the brand new SOP. Particular timelines have been fastened for every department dealing with the case comparable to Planning, Accounts and Licensing, in addition to for varied departments together with PPCB, PSPCL, Forest, Drainage, NHAI and PWD. Each official is required to stick to those prescribed timelines and any unwarranted delay will invite disciplinary motion in opposition to the involved worker.
He additional stated that the Mann Authorities has already taken a number of initiatives maintaining in view the very important contribution of the true property sector to the State’s economic system and its potential in producing employment alternatives. Simplifying the licensing course of is not going to solely scale back the inconvenience confronted by promoters however will even give a recent impetus to Punjab’s actual property progress, he added.
