Articles
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Market Value Guideline: Judgment &After
New Market Value Guidelines – Update The government has completed the revision of the Guideline Values for properties. The Division Bench of the Madras High Court has been informed, and the Draft Guideline Values are now published for public viewing and suggestions. Normally, a statutory period of 15 days is allowed for public objections. Once…
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Understanding Floor Space Index (FSI) and Premium FSI in Tamil Nadu/Chennai: Regulations, Calculations, and Benefits
Floor Space Index The Tamil Nadu Government has notified the new Development and Building Rules, in 2019. It is applicable for the whole of Tamil Nadu. Its known as Tamilnadu Combined Development and Building Rules, 2019. Floor Space Index (FSI) is a crucial factor in regulating construction activities in urban areas, governing the maximum permissible…
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SETBACK SPACES: UNDERSTANDING THE NORMS FOR BUILDING PLAN APPROVAL IN TAMILNADU
Setback Rules under Tamilnadu Combined Development and Building Rules Revised In Tamil Nadu, the implementation of the Tamil Nadu Combined Development and Building Rules, 2019 has consolidated various rules that were previously enforced by different authorities. These new rules are applicable throughout the state, except in cantonment areas. Under the new rules, the development regulations…
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CARPET AREA, PLINTH AREA AND SUPER BUILT-UP AREA
How the Saleable Area of an Apartment is Calculated A buyer of an apartment should understand the meanings of these terms: Carpet Area, Plinth Area, and Super Built-Up Area. There may not be any difficulty in understanding the meanings of Carpet Area and Plinth Area. But it is the concept of Super Built-up area that is…
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THE SALE DEED
The SALE DEED The Sale Deed is the most important document in transferring a property. It is essential that a Sale Deed is drafted very carefully and with utmost precision. An error in this Deed may even fail to transfer proper title to the property from the Seller to the Buyer. Only the UDS is…
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Power of Attorney (POA) Rules for Land Deals in Tamilnadu
What is a Power of Attorney? A Power of Attorney (POA) is a legal document that grants designated individuals the authority to act on behalf of someone else in various matters. In the realm of real estate, POA holds immense significance, allowing individuals to appoint trusted agents to manage their property affairs. This article provides…
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Property Sale Agreement: Key Aspects
What is a Sale Agreement? A sale agreement in property matters is a legally binding document that outlines the terms and conditions of a property sale. It is signed by both the buyer and seller and typically includes information about the property details, the purchase price, the payment terms, and the closing date. Sale Agreement…
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Forged Document Cancellation: Sec. 77A Updates
Status of Court Cases on Section 77A மோசடி பத்திரங்களை ரத்து செய்யும் அதிகாரம் மாவட்டப் பதிவாளருக்கு வழங்கி இந்திய பதிவுச் சட்டத்திற்கு, தமிழ் நாடு அரசால் கொண்டுவரப்பட்ட சட்ட திருத்தம், (Section 77A of Registration Act 1908) பற்றிய வழக்குகள் இன்னும் ஒரு முடிவுக்கு வரவில்லை. மீண்டும் இந்த வழக்குகள் இந்த மாதம்(மார்ச்) 26 அன்று விசாரணக்கு வர இருக்கிறது. March 26 Hearing: Case Posted to 4th April, 2024. The…