This could bring down the average approval time from the current 196 days to 45-60 days.
The Union ministry of housing & urban poverty alleviation has refused to dilute the penalties to be imposed on non-compliant promoters in the final version of the Real Estate (Regulation and Development) Bill, despite industry opposition to the concept of sending the offender to jail.
A study conducted by CBRS reveals there are abundant homes lying vacant in urban India.
Full list of the rejigged Union Council of Ministers
Parrikar also said that if anybody decides to attack India, he will not remain silent.