Chennai Property News

Tamil Nadu: Validity of building plan permit extended to 5 years

Of late, the Tamil Nadu government extended the validity of building plan permit from three years to five years to boost the development of far-reaching…

Chennai: Spike in revenue from property registrations

Chennai has witnessed a 50 percent hike in revenue from property registrations made between April 2022 and October 2022, as compared to the same period…

Tamil Nadu replaces the archaic Apartment Ownership Act

The Tamil Nadu government has introduced the Tamil Nadu Apartment Ownership Act, 2022, allowing the redevelopment of apartment complexes with the consent of two-thirds of…

Prime Minister to inaugurate first Light House Project in Chennai

As per the recent update, the Prime Minister will inaugurate the first Light House Project (LHP) in Chennai on May 26, 2022. Built at an…

Chennai development body to increase FSI along major roads

The Chennai Metropolitan Development Authority (CMDA) has planned to increase the Floor Space Index (FSI) of buildings along the major roads to curb the horizontal…

Chennai to implement a single-window building clearance system soon

The Directorate of Town and Country Planning (DTCP) and Chennai Metropolitan Development Authority (CMDA) have been tasked by the Tamil Nadu Housing and Urban Development…

Chennai introduces QR codes for property tax payments

In the recent budget presented by the Chennai Corporation, R Priya, Mayor, Chennai, emphasised technology-based governance and announced online tax payments via QR code to…

Chennai: DLF plans to invest Rs 5,000 crore in commercial projects

Leading real estate developer, DLF plans to invest Rs 5,000 crore in the commercial segment in Chennai by 2026. After Gurgaon, Chennai will be the…

Tambaram Corporation to charge uniform property tax rates

The Tambaram Corporation plans to integrate the tax collection system, assessment processes, and tax collection procedures in areas under the municipalities of Tambaram, Pallavaram, Pammal,…

Hosur gets ready for revamp with its own development authority

The Tamil Nadu government has recently set up urban development authorities for Coimbatore, Tirupur, Madurai, and now Hosur. These cities will now witness planned and…

Tamil Nadu government to simplify building norms

The Tamil Nadu government has decided to ease the building norms and amend the Town and Country Planning Act, 1971 to provide respite to realty…

Tamil Nadu Govt. releases resettlement policy for slum dwellers

A recent draft released by Tamil Nadu Urban Habitat Development Board (TNUHDB) for resettlement and rehabilitation policy for slum dwellers states that it applies to…

TNRERA to resolve disputes of projects built before 2016

The Tamil Nadu Real Estate Regulatory Authority (TNRERA) will handle the disputes of homebuyers of housing projects even if the project was constructed before RERA…

PMAY-U panel approves five rental housing projects in Tamil Nadu

The State-level Sanctioning and Monitoring Committee in Tamil Nadu approves five major rental housing projects for Pradhan Mantri Awas Yojana - Urban (PMAY-U). Both private…

Tamil Nadu Govt. to introduce new housing policy

Keeping the interest of the deprived communities in mind, the Tamil Nadu government is all set to introduce a new housing policy soon. The new…

Building permits in Chennai within 30 days

Providing relief to the Chennai residents, the Greater Chennai Corporation (GCC) has directed the officials to make the building permits available within 30 days of…