In order to
provide a great relief to developers in Mumbai from long processors for
construction permissions, the Brihan Mumbai Municipal Corporation (BMC) has
decided to simplify the process of granting construction license permits.
To achieve
the same, BMC is going to appoint
Pricewaterhouse Coopers (PWC) as a consultant, to frame the guidelines for a
new construction license permit system. The BMC also has ordered to bisect the
number of processors involved in construction permission and eliminate
unnecessary and long processors.The
move initiated by BMC will cut the time required for granting permissions to 45
days from the existing minimum of 180 days.The move is implemented for improving Mumbai’s ranking in case of doing
business,as World Bank, has marked the country poorly due to long processor
and waiting period for acquiring permissions to set up business.
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“Looking
at the poor ranking given to Mumbai, and in order to improve Mumbai’s ranking
in doing business,the Government instructed BMC to take measures to improve
the ranking and make necessary changes in the process of granting
construction permissions and licenses.”
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As per the
World Bank Index,Mumbai’s rank is amongst the worst on the ‘Dealing with
Construction Permits’ count where it ranks 184 out of 189 countries,which was
one of the factors responsible for pulling down the Country’s ranking on the
index.In order to overcome this hurdle,the Government has targeted to reduce the license permission process by 25 per
cent and its time period by 10 per cent.
Taking note
of the World Bank’s report, the Centre and the State Government have directed
the BMC to change the existing system of giving construction license approvals.
They want to reduce the licence permission process by 25 per cent and its time
period by 10 per cent.
The
decision to reduce the process and easing it will facilitate the developers in
completing the projects on given time frame, currently there are ample number
of permissions required for construction, power connection, labour, stamp duty,
revenue. This will also reduce the cost of the Project.
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