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No Building Plans Required for Bank Loans
It is known to our readers that Telangana Government has launched a path-breaking reform in House Permissions. TS-bPASS (Telangana State Building Permission Approval Self-certification System) is a fully automated self-certification system for building and layout approvals. The Government has now asked the banks to follow this reform. Telangana Municipal Administration and Urban Development Department has […]
G
Ganesh Gulipalli
Hyderabad
Fri Jan 29 2021
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No Building Plans Required for Bank Loans
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It is known to our readers that Telangana Government has launched a path-breaking reform in House Permissions. TS-bPASS (Telangana State Building Permission Approval Self-certification System) is a fully automated self-certification system for building and layout approvals.

The Government has now asked the banks to follow this reform. Telangana Municipal Administration and Urban Development Department has written to Telangana State Level Bankers Committee and other financial institutions not to insist on approved building plans before processing loan applications. They were asked to insist only on the approvals granted by TS-bPASS for loans and other financial matters. This will further ensure the ease of construction in Telangana State.  

Under TS-bPASS, the officials have to approve constructions in plots up to 75 square yards within 21 days, or it is deemed to be approved. All the required line department NOCs will be provided under a single roof. This will ensure Common Rules and Provisions across the state.

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No Building Plans Required for Bank Loans
No Building Plans Required for Bank Loans
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