Real Estate India

Credai Urges Faster Approvals for Real Estate Projects in Maharashtra

By GeoSquare News Desk · Published 2026-11-06

Credai, the Confederation of Real Estate Developers' Associations of India, has called on the Maharashtra government to fast-track approvals for real estate projects. The association highlights that delays in obtaining water certificates, power NOCs and land conversion Sanads are stretching timelines by up to six months, adding to project costs and affecting housing supply.

The Approval Bottleneck

Developers across Maharashtra face similar hurdles, with multiple clearances required from different departments. Credai argues that a single-window clearance system, coupled with time-bound processing, would significantly reduce delays. This would not only help developers but also ensure timely delivery of homes to buyers.

Impact on Homebuyers

Delays in approvals often lead to cost overruns, which are eventually passed on to homebuyers. Moreover, prolonged approval times can stall projects, leaving buyers in limbo. Credai's appeal comes at a time when the state is pushing for affordable housing and infrastructure development.

Industry experts believe that streamlining the approval process could boost investor confidence and accelerate the growth of the real estate sector in Maharashtra. The government has yet to respond, but stakeholders are hopeful that the concerns will be addressed in the upcoming policy reviews.