Chennai Metro Phase 2 to be extended till Poonamallee
August 14, 2018

The Chennai Metro Rail Limited (CMRL) has decided to extend the city's metro phase II project from Valasarawakkam to Poonamallee. The proposed corridor will run for nearly 13 km having 10 stations, including Karambakkam, Porur Junction, Sri Ramachandra Hospital, Iyyapanthangal Bus Depot, Kaatupakkam, Kumananchavadi, Karayanchavadi, Mullai Thottam, Poonamallee Bus Terminus and Poonamalle Bypass. The decision to extend the route would benefit thousands of commuters residing in the western part of the city. The plan of the extension was originally not part of the phase II project. The new route would be completed at a cost of Rs 3,850 crore. Chennai…

Tamil Nadu enables QR code in online encumbrance certificates
August 7, 2018

Tamil Nadu is set to launch the facility of applying an encumbrance certificate online and enable it with a QR code. The system is anticipated to provide relief to people seeking an encumbrance certificate since the QR code will contain the name of the sub registrar office, registration officer, date and time of issuance of the certificate. People will be no longer need to visit the sub-registrar offices, as the property certificate enabled with QR code will be available online.   The QR code will replace the manual seal and signature of the sub-registrar authorising the encumbrance certificate and will be readable by electronic devices. Once the facility is launched, Encumbrance Certificate will be issued within minutes. The manual process took about a week's time. Sources from the registration department shared that as per the rules of Registration Act, 1908, the online facility needs an amendment. As per the current rule…

NHAI proposes Chennai-Chittoor Greenfield Expressway
July 27, 2018

The National Highways Authority of India (NHAI) has proposed a new Greenfield highway from Thatchur (near Chennai) to Chittoor in Andhra Pradesh. The 126.5 km-long six-lane highway will intersect Pulikundram reserve forest in the Red Hills range of the Tiruvallur division. According to the official records, a minimum of 32 hectares of forest area will have to be cleared for the project. Around 885.5 hectares of land, 525 hectares in Andhra Pradesh and 360.5 hectares in Tamil Nadu, will be acquired for the project. Of the land acquired, a major portion (64 percent) is identified as agricultural, followed by barren (15 percent) and forest…

Around 200 complaints registered against developers: TNRERA
July 27, 2018

According to the official sources, as many as 200 complaints have been received by the Tamil Nadu Real Estate Regulatory Authority (TNRERA) against builders whose details are yet to be released.  Most of the grievances received were related to delay in possession, unfinished common areas and refusal to refund. According to the list, of the 200, 116 complaints have been filed against a project planned at Medavakkam in Chennai. In 2017, the total number of complaints registered with the State’s regulator was 147, while in 2018, 66 complaints have been filed to date. An official said that these complaints are…

Tamil Nadu mandates registration of rental deeds within 90 days
July 26, 2018

The Tamil Nadu government has now mandated the registration of all tenancy deeds with the Rent Authority within a period of three months or 90 days. The State government has altered the norms provisioned under the Tamil Nadu Regulation of Rights and Responsibilities of Landlords and Tenants Act 2017. With this amendment, all landlords will now have to pay the cess applicable. The decision was taken as most of the owners have been skipping their rental agreements against levy of stamp duty and registration fee. As per the provision of the Indian Evidence Act, Indian Registration Act and Stamp Act,…

TNRERA registers 113 real estate agents in H1 2018
July 14, 2018

A total of 113 real estate agents have been registered with the Tamil Nadu Real Estate Regulatory Authority in H1 2018. As per the TNRERA data, out of the total, about 81 have enrolled as individual agents. A proper application procedure is being followed for registering real estate agents who majorly belong to Chennai, and other parts of the State such as Madurai and Coimbatore. In June last year, The Real Estate (Regulation and Development) Act, 2016 came into effect countrywide. Although delayed, Tamil Nadu soon notified its rules and implemented the Act. As per TNRERA, real estate agents should…

Tamil Nadu proposes nine greenfield projects
July 13, 2018

The Tamil Nadu government has decided to add nine greenfield infrastructure projects to improve the overall transport network of the State. Out of all planned infra projects, the Salem-Chennai highway is the most ambitious project of the State government. The proposed greenfield projects in Tamil Nadu are Chennai- Salem Expressway Karur- Coimbatore Melur- Thirupathur- Pudukottai Thanjavur Kumbakonam Sirkazhi Mahabalipuram Pondicherry Dindigul Oddanchatram Pollachi Stretch Madurai Dhanushkodi Chennai Chittoor Road Hosur Ring Road All these road projects would be developed as a part of the Bharatmala project. Under this project, Tamil Nadu will get nearly 570 km of new roads connecting…

Tamil Nadu RERA: List of approved projects and agents
July 9, 2018

As of now, 28 States and Union Territories (UTs) have notified Real Estate (Regulation and Development) Act (RERA). The Tamil Nadu government had notified rules along with its RERA website for online registration of ongoing projects in the State. The State government has not appointed a permanent regulator yet. The Secretary, Housing and Urban Development Department has been appointed as an interim regulator. As per the latest information available on the Tamil Nadu RERA website, 561 real estate projects have successfully registered under the Act. About 290 realty agents have received the registration certificate, valid for five years. Interested homebuyers…

Land acquisition of Chennai Metro Phase 2 begins
June 26, 2018

The Tamil Nadu government has started the land acquisition for the proposed 48 stations of the Chennai Metro Phase 2. Estimated to be developed in Rs 85,000 crore, the Chennai Metro Phase 2 will cover around 107.5 km. The second phase of Chennai Metro will have three corridors - Madhavaram-Siruseri, Chennai Mofussil Bus Terminus (CMBT)-Lighthouse and Madhavaram-Sholinganallur. The State government has initiated the land acquisition process for 86 acres of land for the 55-km route proposed under the Phase 2. Furthermore, notices has been issued to the owners in Madhavaram, Sembium, Perumbur, Otteri, Sterling Road and near Gemini flyover in…

Chennai Metro Phase 2 land acquisition begins
June 25, 2018

Chennai Metro Rail Limited (CMRL) has begun the acquisition of land required to build the 107.55km metro project under phase-2 and residents are being issued notices in this regard. The project is awaiting Centre’s approval and is aimed at linking the northern and southern suburbs with the city centre at an estimated cost of Rs85,047 crore.   A CMRL official shared that they have started issuing notices to owners of properties located in Madhavaram, Perumbur, Sembium and Otteri, where corridor 3 and 5 is planned. Corridor 3 will link Madhavaram Milk Colony with Siruseri Sipcot, which will pass through significant…

Tamil Nadu RERA revises fee for filing complaints
June 20, 2018

The Tamil Nadu Real Estate Regulatory Authority (Tamil Nadu RERA) has increased the fees for filing complaints against the developers and projects under the Real Estate (Regulation and Development) Act (RERA). The fee revision comes into immediate effect. Now, for making complaints with the Authority under Section 31, RERA Act, the Authority will charge Rs 1,600. The hiked fee includes an additional payment of Rs 600 towards postage charges. Section 31 reads that any aggrieved homebuyer can file a complaint with the authority for any violation of the provisions of the Act. Similarly, the fee has been increased for the…

Regulations for Tamil Nadu RERA notified
June 18, 2018

The Tamil Nadu government has notified regulations of the Tamil Nadu Real Estate Regulatory Authority (TNRERA). The notified regulations unlock the procedures to be taken into consideration while registering ongoing real estate projects, filings complaints and grievances and solving the cases under the Act. Officials have shared that the recently notified regulations have provided a format which needs to be served at the time of withdrawing the 70 percent deposits from the bank account at different stages of construction of the project. Now, the complainant can check the status of all the cases pending or resolved by the real estate…

Chennai: Centre requests state to share revised metro proposal
June 16, 2018

The Central government has urged the state to revise its proposal as per the recent metro policy for the Phase 2 metro rail project covering a distance of 107.55km. The Metro Phase-2 has been planned with three corridors that will link the northern and southern suburbs with the rest of the city. The anticipated cost for the project is Rs 85,047 crore.  Durga Shanker Mishra, secretary, The ministry of housing and urban affairs (MoHUD) shared that the state is preparing the proposal as per the new metro rail policy. The final plan will be submitted soon and will be taken…

Chennai civic body eases land reclassification process
June 11, 2018

In a bid to avoid unreasonable delay in processing the reclassification of land use applications in the Chennai Metropolitan Area (CMA), the Chennai Metropolitan Development Authority (CMDA) has introduced a series of measures including admission of such applications directly by the planning authority. The reclassification applications until now were admitted to the concerned local body, which would then be sent to the civic body for processing. As per a recent directive by the CMDA, the reclassification proposals may also be submitted directly to the CMDA along with all the documents prescribed under the checklist, in addition of submitting the same…

Tamil Nadu RERA publishes list of rejected projects on its website
May 8, 2018

Tamil Nadu Real Estate Regulatory Authority (TNRERA) has uploaded a list of rejected projects on its official RERA portal. Till now, only three projects have been rejected by the regulatory authority. List of Tamil Nadu RERA rejected projects - Click to Download Till now, Tamil Nadu RERA has approved nearly 475 real estate projects across the state. About 280 realty agents have got the registration certificate, coupled with a validity of five years. Officials have advised homebuyers to check approved list of projects and agents before making any final purchase decision. Experts advise buyers to only purchase realty properties from…

Chennai sees a sudden spurt in registration of unapproved plots
May 2, 2018

With the deadline for regularisation of unapproved plots in Chennai coming to an end on May 3, 2018, applicants are rushing to register under the amnesty scheme. Over 66,000 applications have been registered to regularise unauthorised plots in a span of one week while around 1.91 lakh applications have been received across Tamil Nadu. The scheme which was introduced in May 2017 will probably be extended by six months in order to regularise more unapproved plots. According to Ramaprabhu, Vice-Chairman, Builders' Association of India's Southern Centre, simplification of regularisation process along with several government camps set up across the state…

Sand bidding auction to end today in Tamil Nadu
April 29, 2018

The Tamil Nadu government’s fate to import five lakh tonnes of natural river sand for construction activities will be known on Friday, when the final day for the bidding process comes to an end. While officials are reticent about how many individuals or organisations have shown interest to import the sand, sources confirm that the website did not receive a large amount of traffic. The decision to import sand comes as the realty industry in the state has come to a halt due to acute shortage of river sand, causing delay in construction of projects and affecting those dependent on…

TN Govt: Completion Certificates mandatory for all buildings
April 27, 2018

In order to stop building violations, the Tamil Nadu government has made Completion Certificate (CC) compulsory for buildings falling under the ambit of Directorate of Town and Country Planning (DTCP) across the state. The provision instructs physical site inspection by planning authorities at two critical stages of construction to make sure that the building complies with the approved plan. A newly constructed building after getting planning permission from the DTCP cannot be occupied without obtaining CC or else utility services such as water and power supply will be disconnected. The government is determined to accept the proposal of Commissioner of Town…

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