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SANCTIONING AUTHORITIES – SANCTIONING PROCESS – STATUTORY RULES AND REGULATIONS - GUIDELINE VALUE – PROPERTY COST ASSIGNMENT – I REAL ESTATE MANAGEMENT SUBMITTED BY N.KIRUTIHGA LAKSHMI REG. NO. 3484002 M.ARCH II YEAR III SEMESTER

Real Estate Management

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A presentation with statutory rules for real estate in Tamilnadu

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SANCTIONING AUTHORITIES – SANCTIONING PROCESS – STATUTORY RULES AND REGULATIONS - GUIDELINE VALUE – PROPERTY COST

ASSIGNMENT – I

REAL ESTATE MANAGEMENT

SUBMITTED BY N.KIRUTIHGA LAKSHMIREG. NO. 3484002M.ARCH II YEAR III SEMESTER

SANCTIONING AUTHORITIES (CHENNAI)• DEVELOPMENT CONTROL REGULATIONS (DCR) – Chennai Metropolitan

Development Authority (CMDA) enforces the Tamil Nadu Town & Country Planning Act,

1971 with rules called Development Control Regulations (DCR).

THE TAMIL NADU TOWN AND COUNTRY PLANNING ACT, 1971 - An Act to provide for planning the development and use of rural and

urban land in the State of Tamil Nadu and for purposes connected therewith.

• CHENNAI CITY BUILDING RULES, 1972 - Corporation of Chennai enforces Chennai City

Municipal Corporation Act, 1919 governed by rules called Chennai City Building Rules,

1972.

CHENNAI CITY MUNICIPAL CORPORATION ACT, 1919 - An Act to consolidate and amend the law relating to the Municipal affairs of

the City of Chennai.

SANCTIONING AUTHORITIES (TAMILNADU)

THE DIRECTORATE OF TOWN AND COUNTRY PLANNING (DTCP)

SANCTIONING AUTHORITIES (TAMILNADU)

THE DIRECTORATE OF TOWN AND COUNTRY PLANNING (DTCP)

SANCTIONING PROCESS (CHENNAI)

SANCTIONING PROCESS (CHENNAI)

SANCTIONING PROCESS (CHENNAI)

SCRUTINY FEES (CHENNAI)Scrutiny Fee means a fee for scrutinizing the applications, collected from the applicant along

with the plan or revised plan or modified plan submitted by the applicant.

(i) (a)Plans submitted along with PP applications per sq.m. of floor area of the building

Rs.1.50

  (b) Ist revised plan per sq.m. of floor area of the building Rs.0.75

  (c) 2nd revised plan per sq.m. of floor area of the building Rs.0.40

  (d) 3rd revised plan per sq.m. of floor area of the building Rs.0.20

  (e) Subsequent revised plans Nil

(ii)   Layouts/subdivisions, reconstitutions per sq.m. of land area Rs. 0.075

(iii)   Re-classifications (lump sum) Rs.1500

STATUTORY RULES AND REGULATIONS

Sl.No Use Classification in Detailed Development Plan Use classification in DCR

1 Primary Residential Primary Residential

2 Mixed Residential Mixed Residential

3 Commercial Commercial

4 Light Industrial Industrial

5 General industrial Industrial

6 Special and Hazardous Industrial Special and Hazardous Industrial

7 Institutional Institutional

8 Open Space & Recreational Open Space & Recreational

9 Non-Urban Non-Urban

10 Agricultural Agricultural

11 -Nil- Urbanisable

All developments therein shall be regulated with reference to the Land Use classification indicated in the

Master Plan/Detailed Development Plan for that area and development regulations.

STATUTORY RULES AND REGULATIONS (LAYOUT AND SUB-DIVISION REGULATIONS)

The width of the streets/roads and passages in the layouts /subdivisions / amalgamations shall conform

to the minimum requirements given below:

STATUTORY RULES AND REGULATIONS (LAYOUT AND SUB-DIVISION REGULATIONS)

The width of the streets/roads and passages in the layouts /subdivisions / amalgamations shall conform

to the minimum requirements given below:

STATUTORY RULES AND REGULATIONS (LAYOUT AND SUB-DIVISION REGULATIONS)

The width of the streets/roads and passages in the layouts /subdivisions / amalgamations shall conform

to the minimum requirements given below:

STATUTORY RULES AND REGULATIONS (LAYOUT AND SUB-DIVISION REGULATIONS)

STATUTORY RULES AND REGULATIONS (LAYOUT AND SUB-DIVISION REGULATIONS)

a) The space set apart for roads (except those which may remain private) and the 10%

area reserved for recreational purposes shall be transferred to the Authority or

Agency or the Local Body designated by the Authority free of cost through a registered

gift deed before the actual approval of the layout under the provisions of the T & CP Act.

b) The Authority reserves the right to reserve space for recessed bus stops as part of

the road space in the layouts exceeding 2 hectares, where found necessary on public

interest and this part of the road space also be transferred free of cost as stated in the

rule above.

STATUTORY RULES AND REGULATIONS (LAYOUT AND SUB-DIVISION REGULATIONS)

c) 10% of layout area (excluding roads), additionally, shall be reserved for "Public

Purpose" in those layouts, which are more than 10000 sq.m. in extent.

d) In cases where the extent of the residential layout exceeds 10000 sq.m. ( 1 hectare)

10% of layout area (excluding roads) shall be developed as EWS plot.

e) When the area of land proposed for subdivisions is 20 hectares or more the Authority

may reserve not more than 12% of the total area for industrial and commercial

purposes and the area so reserved shall be deemed to be zoned for that purpose under

the Master Plan.

STATUTORY RULES AND REGULATIONS (PLANNING PARAMETERS)

STATUTORY RULES AND REGULATIONS (PLANNING PARAMETERS)

STATUTORY RULES AND REGULATIONS(PLANNING PARAMETERS)

GUIDELINE VALUE

Guideline Value for Land in Chennai is the value of the land as determined by the

Tamil Nadu Government, based on its own metrics of facilities and infrastructure growth

in that locality.

The Guideline Values are revised periodically to have them in sync with the Market Value.

Chennai has a minimum guideline value of Rs.40 per sqft to a maximum of Rs.23500 per

sqft.

GUIDELINE VALUEArea Max. Price/ Sq.ft. Min. Price/ Sq.ft

Velacherry 5000 1500

Pallikaranai 3500 750

Tambaram 7000 800

Pallavaram 10000 1500

T. Nagar 20000 4000

Mambalam 14000 4000

Adyar 14000 3000

Nesapakkam 6500 2000

Kodambakkam 10000 2000

Egmore 20000 2600

Porur 4500 2000

Perambur 6000 1500

Madampakkam 2500 1000

Medavakkam 4000 1000

Sholinganallur 3750 750

Mylapore 23500 3000

Saidapet 7500 2500

Thiruvottiyur 3500 1000

Kelambakkam 2500 800

Mudichur 2500 400

REGISTRATION CHARGES• Registration of Undivied share of land (UDS) – 7% stamp duty + 1% registration fees

of the guideline value of property.

• Registration of construction agreement - 1% stamp duty and 1% registration fee for

registration of 2% of cost of construction.

PROPERTY COST