NDORE: Real estate developers in Indore have demanded that guideline rates must be made on realistic grounds.

In a meeting with newly appointed state's minister for urban administration, Kailash Vijayvargiya, here on Wednesday, they said the new guideline rates, which were declared by district administration on Tuesday, were not fixed on any realistic grounds, which was unjustified.

Even the minister has promised to make rates reasonable. The minister promised developers that he will personally look into all the demands and will come out with a concrete solution for them within 15 days.

Talking to TOI after the meeting, general secretary of CREDAI's Indore chapter, Sandeep Srivastava, said, "We have demanded that the guideline rates be fixed appropriately so as to give a fillip to the real estate activities in the city. Also, we have demanded that the NOC system be scrapped as it often results in wastage of time and energy for the realtors." Realtors demanded that work on amendment on master plan must be undertaken in an expedited manner. Also, they urged the minister that all the roads under the master plan be put on the site of T&CP.

President of CREDAI (Indore), Gopal Goyal, said, "Indore Municipal Corporation's (IMC) lease transfer cases of CREDAI members, withholding of building permissions and high rise committee's permission were some of the other issues that we discussed with the minister."

In fact, the developers' body has requested the minister to hold the meeting of the committee, meant for clearance of high rise projects, on a regular basis.

Builders also demanded a difference in the fixation of property tax on projects that are under construction and already developed projects.

Chairman, CREDAI (national), Lalit Jain, who had travelled from Pune, also set a tone with the facts and figures for bringing transparency in the state governance system.

 

Source And Courtsey :- http://timesofindia.indiatimes.com/city/indore/Fix-guideline-rates-realistically-builders-tell-ministers/articleshow/29592311.cms