Saturday, 6 May 2017

Regularise Property Chennai by shelling out Rs 41,000 under a Regularisation Scheme





Do you own an unapproved plot measuring 1,000 square feet in a municipal area? Now you can regularise the property in chennai  by shelling out Rs 41,000 under a regularisation scheme announced by the state government.

The high court had imposed a blanket ban on registering plots lacking statutory approvals on September 9, 2016 after noticing rampant conversion of agricultural land into residential plots across the state.

Wednesday, 3 May 2017

No RERA For Chennai Home Buyers




No RERA for you: Chennai home buyers in limbo after Tamil Nadu fails to ratify act before deadline
With the Tamil Nadu government failing woefully to ratify the RERA (Real Estate Regulatory Act) prior to the deadline, Chennai Property  buyers are left in lurch, without regulation to safeguard them from exploits of builders.


Several big realtors in the town have failed to meet deadlines and many families'fight for justice has reaped no rewards whatsoever.

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Ravishankar, a home buyer in Chennai, who paid Rs 40 lakh to buy a home in 2010 is yet to obtain its possession.