HYDERABAD: To encourage the real estate sector, provide employment and economic growth, the state government made amendments to the Building Rules 2012.
Municipal administration and urban development department on Tuesday issued orders making 21 amendments to the Building Rules 2012.
The amendments were made as various real estate development agencies have represented to the state government that some of the existing building rules framed by the state are not conducive to reach the real estate growth potential of urban areas in the state.
They facilitate ‘Ease of Doing Business’, they requested the government to simplify the existing building rules, give some concessions and remove certain bottle necks in the existing building rules to promote investment in real estate sector in Telangana.
The government after careful examination of the representations have felt that there is a need to take some steps to reform real estate sector in ‘Ease of Doing Business’ to encourage this sector to provide employment and economic growth and made as many as 21 amendments.
In separate orders, the state government also made an amendment to the Special Development Regulations of Hyderabad Outer Ring Road Growth Corridor Master Plan which were issued in GOMs 470 of 2007 and GOMs 528 of 2008 by increasing the building upto 15 metres height on different ORR stretches.
The government also made an amendment to Multiplex Complexes Rules 2007 where the maximum height of the block, portion wherein the multiplex screens are set up should be subject to NOC from the Fire Services Department and Airport Authority of India.