GOVT. HAS A ROLE IN REAL ESTATE PROJECTS DELAYS TOO..!

An Estimate of how much time various approval taken in India 




Details         
Time take

Conversion of Land use
7 to 12 Months
Project Letter of intent and License  
3 to 6 Months
Pre - Construction Approvals from State level bodies
4 to 7 Months
Approvals for Construction plan Sanction
4 to 7 Months
Approvals for commencement of Construction
2 to 3 Months
Construction  Period
22 -32 Months
Inspection and Approval Procedure for Building completion
2 - 3 Months
Occupancy Certification (Completion)
2 to 3 Months

  Image: ET
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