Chennai Moulivakkam 12-storey Collapsed : Experts Say Govt. Must Pay Damages, Recover From Officials and Builder..!

Chennai Moulivakkam 12-storey Collapsed : Experts Say Govt. Must Pay Damages, Recover From Officials and Builder..! With the Supreme Court sealing the fate of Moulivakkam's infamous twin buildings, `The Faith' and `The Belief ', people who purchased apartments in…

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Are You Buy a New Property in Tamilnadu?

Are You Buy  a New Property  in  Tamilnadu? Aware of investing your hard earned money in a right place An article from Our Building & Construction  / November 2015 INVES TING IN LA ND IS WISE ……. WHY? Investing in land is wise because land is the only investment which gives hig…

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Regulatory Authority is important in the interest of Real Estate Growth..!

Mr. N. Nandakumar, President – Tamil Nadu, CREDAI, says, “Among other things, we have also expressed our reservations over the need for personal permission in the approval of real estate projects. Considering that a developer/ promoter/ developer can apply online with all t…

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Immediate Need for a Hard- Nosed Realty Regulatory Authority

Following the recent disaster at Moulivakkam, near Porur is it time for Tamil Nadu’s example and setup a dedicated real estate regulatory authority. The clamour for better enforcement in the real estate industry is louder in Tamil Nadu than ever before, following the collap…

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Create a Realty Regulatory Authority to Supervise Proceedings More Efficiently

Following the recent disaster at Moulivakkam, near Porur at Chennai is it time for Tamil Nadu’s example and setup a dedicated housing regulatory authority? The clamour for better enforcement in the real estate industry is louder in Tamil Nadu than ever before, following the…

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What is FSI / FAR ?

Floor Space Index (FSI) refers to the ratio of the built up area of a property to the area of the land on which it is built. An FSI of 60 % would mean that the total built up area of the building can be equal to only 60 % of the area of the land on which it is being built. T…

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Tamilnadu State: Regularise Unapproved Residential Land Layouts in All Local Bodies..!

* The comprehensive scheme will be applicable to all panchayats,municipalities & corporations. * The amendment made to the Tamil Nadu Registration Act in 2009, in order to prevent registration of unapproved residential plots of land in future..! * Framing an uniform plan …

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Tamil Nadu: Unauthorised Plots of Land Bought till 2007 May Get Approval..!

There's relief on the way for people who have bought plots of lands in unapproved residential lay-outs. Residential Plots Approval..! If the Tamil Nadu (TN) state government has its way, all residential plots registered before July 1, 2007 will be given approval after lev…

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Tamil Nadu Building Regularization Scheme -113 C New : Penalty Payable Full Details..!

Rate of Amount for Exemption for Road or / Street Width Violation..! By Tamil Nadu Building Regularization Scheme -113 C New 2012..! Usage Ordinary building Special building Multi storeyed Building Residential use ---- 1.0 x the guideline value of the shortage land area calcula…

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