PM orders to establish Pakistan Real Estate Regulatory Authority (RERA)
Prime Minister Imran Khan has ordered to take necessary steps for the establishment of the Pakistan Real Estate Regulatory Authority (RERA). Besides, he also asked provinces to formulate a road map for a one-window operation. It will ensure the online approval of cases relating to the construction & housing sectors. The aim is to facilitate the individuals involved in the Real Estate industry.
Heading the meeting of the National Coordination Committee on Housing, he said concerned authorities & officials showing negligence or creating pointless hindrances will be surely dealt with strictly. Along with that, the approvals of no objection certificate (NOC) must issue within a specified time period.
He said that the government is certainly taking all the necessary steps to ease the processes pertaining to Real Estate development. One of the vital steps is the approval of construction relief package.
News Source: Dawn