GIFT City completes first phase of Online Development Approval System
ODAS is an e-platform that enables submission of complete building development plan online
Feb 11, 2015
Source : Business Standard


Ahmedabad: Prime Minister Narendra Modi's pet project, Gujarat International Finance Tec-City (GIFT City) has completed the first phase of Online Development Approval System (ODAS) under the authority of GIFT Urban Development Authority (GIFTUDA), a statement issued by the company said here on Tuesday.

ODAS, according to the company statement, as a part of e-governance is an e-platform through which the entire process from submission of complete building development plan to its approval, possible to complete online within 15 days. It also covers commencement and occupancy stages and is a transparent and faster automated building scrutiny mechanism with more innovative approach to ease the development approval process.

Commenting on this faster and innovative approach for smart city development, Ramakant Jha, managing director and Group Chief Executive Officer (CEO), GIFT Company Ltd. said, “GIFT City has successfully implemented first phase of ODAS and ensured uniformity, efficiency in scrutiny and faster approval of architectural plans in an automated manner. As a whole, the system reduces the lengthy and cumbersome manual process of calculation and checking with codes, possibility of human errors in scrutiny, saving valuable time and effort for the architects as well as confidence of the authority by supporting all electronic versions of the documents and drawings.”

Jha said after successful implementation of ODAS-1, GIFTCL has envisioned for enhancement in ODAS-2 with diverse features. “In line with other major development authorities of the world, GIFT has also introduced a unique, transparent and faster automated building scrutiny mechanism with more innovative approach to ease the development approval process. It also covers commencement and occupancy stages,” Jha said.

GIFT, a Gujarat government project in partnership with IL&FS, is India’s first global financial hub and first multi-service SEZ with International Financial Service Centre (IFSC) status which will cater to India's large financial services potential by offering global firms, world-class infrastructure and facilities.

Latest Realty News

Feb 11, 2015
New Delhi: Aam Aadmi Party (AAP) chief minister-designate Arvind K?ejriwal met Union Urban Development Minister Venkaiah Naidu and discussed various issues with him including that of unauthorised colonies in the city
Feb 11, 2015
New Delhi: Aiming to reduce its debt, the country’s largest real estate player DLF plans to raise Rs 3,000 crore through divestment or joint ventures in certain projects
Feb 11, 2015
New Delhi: A day after ordering a probe against DLF, the Competition Commission of India (CCI) ordered a second probe against the company
Feb 11, 2015
New Delhi: Tata Housing will invest about Rs 1,500 crore to develop two new residential projects in Mumbai and Kolkata
Feb 11, 2015
NAGPUR: A proposal mooted by Dubai-based realty company Smart City for building a township spread over 400 acres in Mihan
Feb 11, 2015
BENGALURU | MUMBAI | NEW DELHI: Adani Realty, a subsidiary of Adani Enterprises, has entered into an agreement with New York based, India-focused investment firm Brahma Management to jointly develop a 150-acre township in Gurgaon
Feb 11, 2015
Mumbai: There is an urgent need for the new government to focus with growth incentivized policies for the real estate sector
Feb 10, 2015
Mumbai: Value and Budget Housing Corp. Pvt. Ltd (VBHC), a company co-founded by Jerry Rao, has started consultations with investment bankers for a possible initial public offering
Feb 09, 2015
AHMEDABAD: It took the city survey department 27 years to ask the Ahmedabad Municipal Corporation (AMC) if any illegal construction has been reported on any piece of land which has societies and apartments
Feb 09, 2015
Mumbai: South Mumbai property prices - believed to be one of the most expensive in the country- may see some softening

Latest Realty News Of State

Realty Talk's