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How to check RERA approval status in Tamil Nadu?

Tamil Nadu RERA: Impact on the property market and home buyers

Investing in a property in Tamil Nadu? The Tamil Nadu Real Estate Regulatory Authority popularly called TNRERA came into being when the state government approved the rules on June 22, 2017. Keeping the Real Estate Act at its core, the TNRERA strives to make transactions and information delivery within the real estate sector in the state as transparent and efficient as possible. TNRERA has jurisdiction over Tamil Nadu, as well as Andaman and Nicobar Islands.

Here’s what home buyers, developers and real estate agents in the state need to know about TNRERA.

 

How to check registered projects on TNRERA?

 

 

Also read our guide on TNREGINET to know about how to use the Tamil Nadu govt portal to get information on guideline value and more in the state. 

 

How to check registered agents on TNRERA?

 

How to register a complaint online on TNRERA?

Under the ‘Registrations’ tab, you will also see a ‘Complaint’ section. Depending upon whom you wish to approach, you will have to fill in separate forms. For example, if you wish to complain to the regulatory authority, fill up Form M. Suppose you wish to approach the adjudicating officer, fill Form N.

You can also go through several cases that the TNRera has passed its judgement for here.

Also read about Guideline value Tamilnadu

 

Complaints to TN RERA Authority

 Here are the rules in case you wish to complain to the authority:

 

Bank: Indian Bank, CMDA Branch

Current Account No: 65430 57988

Name: Tamil Nadu Real Estate Regulatory Authority (TNRERA)

IFSC Code: IDIB000I010

 

How to register project on TNRERA?

 

Project registration fee on TNRERA

Type Fee details
Residential buildings Rs 10 per sq metre of FSI area for residential project in which dwelling unit size is less than 60 square metre;

Rs 20 per sq metre of FSI area for other residential projects

Commercial buildings Rs 50 per sq are metre of FSI area
Any other projects Rs 25 per sq metre of FSI area;

 

Layouts, sub-divisions and site approvals Rs 5 per sq metre of plottable area excluding EWS plots (Roads and OSR excluded)

For online transfers, details are:

A/C No. 6543057988

Name: Tamil Nadu Real Estate Regulatory Authority(Tnrera)

A/C Type: CA (Current Account)

Bank: Indian Bank, CMDA Branch

Ifsc Code: IDIB000I010

 

Important documents to be uploaded by promoters

  1. Form ‘B’
  2. Planning Permission Approval Letter
  3. Planning Permit
  4. Building License Letter
  5. Approved Plan with Local Body Seal
  6. Patta / PLR (or) Document
  7. Encumbrance Certificate obtained within 30 days before Application for Registration
  8. Structural Stability Certificate
  9. Plan of Development Works
  10. PAN Card
  11. Aadhaar Card
  12. Bank Certificate in Proforma as given in TNRERA website
  13. Proforma Allotment Letter
  14. Upload photos of Chairman or the Governing Body / Partner / Director
  15. Audited Balance Sheet

 

You will now be able to proceed further. You will be asked to feed in your email id. Enter the details to get to the page where you can fill in all the details.

 

 

How to register yourself as an agent on TNRERA?

The process is simple and the ‘Online Registration for Agents’ section is on the right-hand side of the homepage. There are things to remember when you go ahead to complete your registration. The fee details are as follows:

 

Category Fee details
Individual Rs 25,000
Other than individual Rs 50,000

 

You can transfer the registration fee online.

A/C NO. 6543057988

NAME: TAMIL NADU REAL ESTATE REGULATORY AUTHORITY(TNRERA)

A/C TYPE: CA (Current Account)

BANK: INDIAN BANK, CMDA Branch

IFSC CODE: IDIB000I010

Documents to be uploaded by agents

Proceed as follows:

 

 

See also: What is RERA and how will it impact the real estate industry and home buyers?

 

Impact on the property market and home buyers

RERA is expected to create a level playing field for developers, better transparency and accountability, timely delivery of projects and greater absorption rates, accompanied by an increase in consumer confidence.

Moreover, promoters are legally bound and liable, with either imprisonment up to three years or compensation of up to 10 per cent of the total project cost, in case of failure in compliance or violations in land title, scheduled completion and maintenance of the project. Therefore, developers should be extremely careful about providing accurate estimates regarding their projects and the sale agreement.

Info. regarding: Chennai room rent

 

Projects that need to be registered under Tamil Nadu RERA

The key entities for registration with RERA, include projects with land area greater than 500 sq metres, projects with more than eight apartments inclusive of all phases and all ongoing projects where the occupancy certificate (OC) or completion certificate (CC) has not been received.

Considering the concerns over the definition of ongoing projects in the draft rules, the state has framed more clarity in the final rules. It states that ongoing projects exclude layout projects where land is developed into plots and the roads and open spaces are gifted to the local body concerned and projects within the Chennai Metropolitan Area (CMA) for which the application for the completion certificate has been already filed with the Chennai Metropolitan Development Authority (CMDA) after being certified by the associated architect/licensed surveyor/structural engineer confirming the structural completion along with photographs.

In the case of projects outside the CMA, promoters should immediately intimate the structural completion of the projects to the corresponding local planning authority, within 15 days from the date of notification of the rules, with a copy to the office of the Director of Town and Country Planning, in order to be excluded from RERA registration. Furthermore, with a view to support the ‘Housing for All’ vision and encourage affordable housing, the registration fee has been excluded for Tamil Nadu Slum Clearance Board projects, affordable housing projects of the Tamil Nadu Housing Board and housing projects executed by the Tamil Nadu Police Housing Corporation.

 

TNRERA latest updates

Landowners not party to case, if UDS is registered for home buyers

The TNRERA has ruled that landowners will not be liable in cases where the undivided share has been registered for home buyers. The ruling came during the hearing of a complaint against a housing project, by the buyers against 12 people, which included eight landowners. Confusion arose over whether the landlords must be party to the case.

Clearing the air, TNRERA adjudicating officer G Saravanan said that since the landowners of the site had executed a general power of attorney (GPA) to the developer and given that the developer had executed the sale deed for the undivided share in favour of the buyers, only the first respondent, which is the company, comes under the category of ‘promoter’ and not the landlord.

The case would have been different if the landlord had executed a power of attorney in favour of a third party and not the builder. This case, however, was a joint venture and thus, the landowners are not promoters in this case, the TNRERA said.

 

FAQ

Where is TN Rera office?

The address is as follows: Door No.1A, 1st Floor, Gandhi Irwin Bridge Road, Egmore, Chennai - 600008. Office Hours: 10.00 AM to 5.45 PM (Saturday & Sunday Holiday).

When were TNRera rules notified?

The Tamil Nadu Government in G.O.Ms.No.112, Housing & Urban Development Department, dated 22.06.2017 approved the Tamil Nadu Real Estate (Regulation & Development) Rules, 2017 to carry out the provisions of Real Estate (Regulation & Development) Act, 2016.

What if a promoter or agent doesn’t register with TNRera?

If a promoter, real estate agent fails to register with the regulatory authority, a penalty or imprisonment is certain.

Do property portals need to be registered under TN Rera?

Yes, property portals,brokers, middlemen, dealers – all of them need to have a RERA ID, renewed from time to time.

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