G.O. (Ms.) No. 114, Real Estate Regulatory Authority for Tamil Nadu, 2017
The Housing and Urban Development [UD1(2)] Department of the Government of Tamil Nadu issued G.O. (Ms.) No. 114 on 22 June 2017, recording the decision to constitute the Real Estate Regulatory Authority for Tamil Nadu with a Chairman and two Members. Until that authority was established, the order designated the Secretary to Government, Housing and Urban Development Department as the interim Real Estate Regulatory Authority for Tamil Nadu.
Purpose
G.O. (Ms.) No. 114, issued by the Housing and Urban Development [UD1(2)] Department on 22 June 2017, implements part of the Real Estate (Regulation and Development) Act, 2016 in Tamil Nadu. It deals specifically with establishing the State's Real Estate Regulatory Authority and providing an interim regulator until the full authority was established.
The order also records that the Government had approved the Tamil Nadu Real Estate (Regulation and Development) Rules, 2017 through G.O. (Ms.) No. 112, Housing and Urban Development [UD1(2)] Department, dated 22 June 2017.
What it establishes
G.O. (Ms.) No. 114 records the Government's decision to constitute the Real Estate Regulatory Authority for Tamil Nadu with the following structure:
- One Chairman.
- Two Members.
- Powers and functions assigned under the Real Estate (Regulation and Development) Act, 2016.
The order explains that section 20 of the Act requires the Government to establish the authority within one year from the date on which the Act came into force.
Selection and interim arrangement
G.O. (Ms.) No. 113, Housing and Urban Development [UD1(2)] Department, dated 22 June 2017, constituted a Selection Committee to select the Chairman and the other members of the Real Estate Regulatory Authority for Tamil Nadu.
Pending establishment of the full authority, G.O. (Ms.) No. 114 designated the Secretary to Government, Housing and Urban Development Department as the Real Estate Regulatory Authority for Tamil Nadu. This designation was made under the third proviso to section 20 of the Real Estate (Regulation and Development) Act, 2016 and continued only until the authority was established.
Who should note it
G.O. (Ms.) No. 114 is relevant to property buyers, owners, developers and professionals who need to identify the State regulator under the Real Estate (Regulation and Development) Act, 2016. Its immediate practical effect was to identify the Secretary to Government, Housing and Urban Development Department as the interim regulator while the Chairman and two Members of the permanent authority were being selected.
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Common questions
Did G.O. (Ms.) No. 114 establish the permanent Real Estate Regulatory Authority immediately?
The order records the decision to constitute the authority with a Chairman and two Members. Until it was established, the Secretary to Government, Housing and Urban Development Department was designated as the interim regulator.
Who acted as Tamil Nadu's interim real estate regulator?
The Secretary to Government, Housing and Urban Development Department was designated as the Real Estate Regulatory Authority for Tamil Nadu until the full authority was established.
How many officials were to form the Real Estate Regulatory Authority for Tamil Nadu?
The authority was to have one Chairman and two Members.
Did G.O. (Ms.) No. 114 approve the Tamil Nadu Real Estate Rules?
No. The order records that the Tamil Nadu Real Estate (Regulation and Development) Rules, 2017 had been approved through G.O. (Ms.) No. 112, dated 22 June 2017.
