Realty projects in Rajasthan and Kerala are facing delay almost equal to Karnataka.On an average construction and real estate projects have been delayed by 39 months. Public sector projects are delayed by 39.03 months and private sector by 39.63 months. "The real estate and housing sector is battling several problems. These delays not only discourage investments in the housing sector but also lead to delays and corruption," the statement said.Assocham said the Centre and state governments must introduce a single-window system to approve real estate projects. The government should act as a facilitator rather than a regulator of the real estate projects, it added.

Source: Times of India April 09, 2017 07:23 UTC