The realtors' body said that the 36 per cent hikehas affected the low and middle-income housing projects.
The Combined Development Regulations and Building Rules 2018 — which introduced an online system of obtaining permits — is likely to garner attention.
As the regularisation scheme comes to an end, now there will be no unapproved layouts or plots in Tamil Nadu and if there are any they have to be approved following due process.
Tamil Nadu: Combined Development Regulations and Building rules set to be enacted following revised draft
The state government has increased the Floor Space Index (FSI) for special buildings, which was not considered in the earlier government order, to 2.
Minister of State of Housing and Urban Affairs Hardeep Singh Puri said the Southern states, excluding Karnataka, managed to register 2.54 per cent projects and 1.6 per cent of agents.
Tamil Nadu real estate body rejects exemption to Adinath Srinivas Foundation as project found incomplete
The project Serene Kshetra, developed by Adinath Srinivas Foundation got approvals from Kanchipuram Local Planning Authority and deputy director of Town and Country Planning.
It has also directed developers to furnish audited annual accounts within six months of the succeeding financial year besides providing a weblink to developers website.