By end of this month, please notify the draft rules structured as per the Real Estate Act pleas Union Urban Development Minister M. Venkaiah Naidu to the Tamil Nadu government. If undone, it may hit the registration of properties, he alerts.
Posted On :15/May/2017 2:41:24 PM
Notifying the Real Estate Act, 2016 is still pending by Tamil Nadu. The draft rules were initially released.
Posted On :02/May/2017 4:59:36 PM
The Real Estate Regulation and Development Act, drafted and passed by the central government is effective from today (Monday, 1st May).
Posted On :01/May/2017 5:11:35 PM
The Chennai High Court has informed that the ban on the registration of unapproved plots will continue.
Posted On :21/Apr/2017 5:25:12 PM
Construction sector in Chennai is facing severe crisis due to a number of factors such as increase in guideline value, taxation system, price hike of cement, etc.
Posted On :06/Apr/2017 2:47:23 PM