Builder's suicide puts spotlight on red tape
Indian developers pushing for change in the country's byzantine approvals processes
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Mumbai
THE death of Indian property developer Suraj Parmar might have been a quiet tragedy had it not been for the 13-page suicide note he left behind.
The document outlining alleged harassment from government officials and demands for bribes has become a rallying cry for India's beleaguered property industry. After years of seeing profits curtailed by worsening red tape and byzantine approvals processes, the industry is pointing to the incident to push for change that has so far proved elusive.
Share with us your feedback on BT's products and services
TRENDING NOW
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
A new logic of China-Asean economic integration emerges from the Middle East conflict
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
