A delegation of real estate developers on Tuesday urged Chief Minister Bhupesh Baghel to reduce the registration fee in the state for a year to give the sector a major boost.
Members of the Delegation of Confederation of Real Estate Developers’ Associations of India (CREDAI) also sought concession on stamp fee, pointing out that the stamp fee has been cut in many states in the country.
Interacting with the Chief Minister during a courtesy call, they also requested permission to build houses for sale on plain lands for people of economically weaker section (EWS) category, an official statement said.
The CREDAI delegation thanked the Chief Minister for the relief and redemptions provided to the real estate sector during the corona crisis. Industry Minister Kawasi Lakhma was present.
The CREDAI office bearers said that compared to other states, the real estate sector in Chhattisgarh was doing much better.
The state government provided a concession of 30 percent on government guideline rates for land transactions in the state. Likewise, concession was provided on stamp duty which benefited the real estate sector.
The government also expedited the approval of housing colonies and developed the ‘CGAWAS’ single window system, through which approval for housing colonies is provided within 100 days.
Anand Singhania, P.L. Singh, Rajesh Chandrakar, Sandeep Kedia, Vijay Nathani and other office-bearers of CREDAI were present.