Tamil Nadu sees Registration of 223 Housing Projects

Tamil Nadu has seen the registration of 223 housing projects under Real Estate Regulation and Development Act (RERA) until November 22, 2017.

Tamil Nadu notified the RERA Rules on June 22 this year and sooner its authority came into force as Tamil Nadu RERA Authority (TNRERA).

As per TNRERA Rules, new housing projects with a minimum of 8 units should be registered with the real estate regulatory authority. Residential plots also come under the purview of the realty regulator, which can be registered after the necessary approvals by the respective planning authorities.

Source: Times of India

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