primary law

G.O.(2D). No.52, House Site Scheme at Nedunkundram Village, 2021

The Tamil Nadu Housing and Urban Development Department issued G.O.(2D). No.52, Housing and Urban Development (HCS-1), dated 23rd February 2021. It gives special-case approval for the South Chennai Co-operative Housing Society to implement a 28.20-acre house site scheme at Nedunkundram Village, Chengalpet Taluk, Kancheepuram District, on a consignment basis with stamp duty exemption and specified conditions.

Category
Gazette notifications
Pages
3
Status
In force
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Approval and scope

G.O.(2D). No.52, issued by the Tamil Nadu Housing and Urban Development Department on 23rd February 2021, approves the South Chennai Co-operative Housing Society's consignment scheme at Nedunkundram Village. The approval is given as a special case under the framework of G.O.(D). No.16, Housing and Urban Development Department, dated 11th January 2010.

The scheme covers 28.20 acres. The Chennai Metropolitan Development Authority had sanctioned a layout containing 716 plots, including 219 plots for Economically Weaker Sections, and two shop sites.

The approval includes stamp duty exemption on a consignment basis. The Government states that similar exemptions should not be treated as routine.

Who is affected

G.O.(2D). No.52 directly affects the South Chennai Co-operative Housing Society, its members, the landowner and people considering plots in the approved Nedunkundram layout. Members' advance payments must fund the scheme, and society funds cannot be used under any circumstances.

Prospective purchasers should note that the scheme operates under fixed deadlines. Unsold plots must be returned to the landowner if the scheme is not completed within the permitted period.

Main conditions

The Tamil Nadu Housing and Urban Development Department imposed the following conditions for the Nedunkundram scheme:

  • The scheme must be implemented on a consignment basis.
  • The society must obtain approval at its next general body meeting.
  • Purchase and selling prices must be fixed by a Pricing Committee. Its members include the Regional Deputy Registrar (Housing), Chennai, the society's President and Secretary, and the specified supervisory and co-operative registration officials.
  • The society must advertise in leading daily newspapers approved by the Director of Information and Public Information to assess demand.
  • Booking and purchase of plots from the landowner must be completed within 15 months.
  • The entire scheme must be completed within 18 months.
  • If more time is required, a proposal seeking Government permission must be submitted well in advance.
  • Unsold plots must be returned to the landowner.
  • An up-to-date Encumbrance Certificate must be obtained, confirming that there is no pending encumbrance.
  • Only advances and payments received from members may be used to execute the scheme.

This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.

Common questions

How many plots are included in the Nedunkundram scheme?

The approved layout contains 716 plots, including 219 plots intended for Economically Weaker Sections. It also includes two shop sites.

Who will decide the purchase and selling prices?

A Pricing Committee headed by the Regional Deputy Registrar (Housing), Chennai, must fix the purchase and selling prices. The committee also includes representatives and officials of the society and the co-operative housing administration.

Can the South Chennai Co-operative Housing Society use its own funds for the scheme?

No. The scheme must be carried out only with advances and payments received from members, and society funds cannot be used under any circumstances.

What happens if the scheme is not completed within 18 months?

If continuation is required, a proposal seeking Government permission must be submitted well in advance. Unsold plots must be returned to the landowner.