Indian Real Estate: Departments of Monitors and Regulators list

Mr. T. Chitty Babu

About half of the 9.30 lakh under construction residential units in India, scheduled for delivery between 2011 and 2013, are likely to be delayed by up to 18 months. Main Reason is, a lot of Departments of Monitors and Regulators control Indian Real Estate sector.

According to Mr. T. Chitty Babu, Chairman and CEO,  Akshaya Homes in Chennai, said, ‘’ There are about 50 Departments related to the Big apartments projects in India”

One interesting thing is, also get approvals from like CBI, CCI (Competition Commission of India) and Insurance Companies.

Here ‘My Reality India” given the complete list of Monitors and Regulators in a mega apartment projects in India for you.

   1) Regional Development Authority / Municipal Authority
   2) Pollution Control Board
   3) Department of Environment
   4) Mining Department
   5) Airport Authority / Department of Aviation
   6) Labour Department
   7) Provident Fund(P/F) Department
   8) Company Law / Corporate Affair
   9) State Urban Department
   10) Centre Urban Department
   11) Registration Department (Stamp Duty)

   12) Income Tax
   13) Sales Tax
   14) Service Tax
   15) Excise Department
   16) Fire Department
   17) Under Ground Water Department
   18) Export Promotion Board/ Council
   19) Department of Weights and Measure
   20) Electricity Department
   21) Public Works Department
   22) DTCP (Department of Town and Country  Planning)
   23) State Revenue Department
   24) Enforcement Directorate (Foreign Exchange)
   25) District / State Consumer Forum
   26) Different Court of Law
          (Vigilance District Court /High Court / Supreme Court of India
   27) Water Supply Sanitation Department (Public Health Engineering Department)
   28) Police Department (Investigation)
   29) SEBI (Securities Exchange Board of India - Listed Real Estate Companies)
   30) Department of Forest
   31) Entertainment Tax Department
   32) Banking and RBI (Reserve Bank of India) Norms
   33) Accrediting Agencies
   34) National Highways Authority of India (NHAI)
   35) Tolls for Carrying Materials
   36) Department of Custom (Import Duty)
   37) State Cabinet / State Government
   38) State Vigilance
   39) Central Vigilance Commission
   40) CBI (Central bureau of Investigation)
   41) Competition Commission of India (CCI)
   42) Insurance Companies
   43) Income Tax Investigation Wing
   44) Service Tax Investigation Wing
   45) Tribunals
   46) Department of Explosive (Petroleum)
   47) I S I (Indian Bureau of Standards)
   48) Green/Carbon Free Building Regulatory Act
   49) E S I (Employees State Insurance)
   50) Excise Anti-Vision Department
   51) Tax Deducts at Source (T.D.S)
   52) Special Audit                                 

Thanks: Akshaya Homes, Chennai   
Akshaya Pvt Ltd
G square, No. 46,
Rajiv Gandhi Salai (OMR),
Kandanchavadi, Chennai - 600 096.
Email: marketing@akshayahomes.com
Web: www.akshayahomes.com

044 - 2496 8811, 4200 8811
Fax: 044 - 2496 8812

Share: