Mangaluru, October 13: All the construction activities in the city have been suspended after the offices of members of the Confederation of Real Estate Developers Association of India (CREDAI) are holding a protest on Tuesday October 13th as a as a token of respect and solidarity for Late Suraj Parmar from Thane, Maharashtra.
Suraj Parmar, belonged to the prestigious construction firms- Cosmos Group, from Maharashtra, committed suicide on October 7th leaving behind a letter in which he had mentioned about various problems that are being faced by construction firms.
D B Mehta, president of CREDAI Mangaluru addressing a press meet here on Tuesday October 13th, said that at present the real estate business is facing lot of problems due to delays in getting approvals, plans getting rejected, political interference, delays in implementing government policy, retrospective application of new rules and regulations, and unaffordable demands for bribes etc.
To build affordable houses, we need to have affordable borrowing and affordable approval process system in time and single window system. Reforms should be brought in to speed up the process and the system should be digitalized. The government should bring in reforms in the system, he urged.
We face excessive costs today due to cost of land, construction and other costs.
He said, a memorandum would be submitted to district deputy commissioner A B Ibrahim, city corporation commissioner Dr H N Gopalakrishna, city mayor Jacinta Vijay Alfred, MLA J R Lobo, and Mangalore Urban Development Authority commissioner Muhammed Nazeer.
