Mysore/Mysuru, Feb. 22 -- The Mysuru Chapter of the Confederation of Real Estate Developers' Associations of India (CREDAI) has raised serious concerns over mounting administrative hurdles that it says have brought Karnataka's real estate sector to a near standstill.
Addressing a press conference at Pathrakarthara Bhavan here recently, CREDAI President Harish Shenoy urged the State Government to take immediate corrective steps to restore momentum in property transactions and development.
He identified the mandatory shift to the E-Khata system as a major bottleneck, citing persistent technical glitches and unsynchronised data that have stalled property sales and mortgage approvals.
Shenoy called for urgent bug fixes, a clear timeline fo...
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