Tamil Nadu Real Estate Regulatory Authority (General) Regulations, 2018 (24 III 2 v2)

Scope and commencement

The Tamil Nadu Real Estate Regulatory Authority (General) Regulations, 2018 apply throughout Tamil Nadu, covering planning and non-planning areas, and also apply to the Union Territory of Andaman and Nicobar Islands. They came into force on the date of publication.

The regulations affect real estate promoters, real estate agents, applicants, complainants, property allottees and professionals who certify project progress or represent parties before the Tamil Nadu Real Estate Regulatory Authority.

Registration process

The Tamil Nadu Real Estate Regulatory Authority requires applications for project or real estate agent registration to be submitted online and in hard copy, with all required information, documents, charges and fees.

Key requirements include:

• The hard copy must reach the Authority within 7 days from online submission.
• An application found to be in order may receive a registration certificate within 30 days from submission.
• If an application is incomplete, the promoter or agent may be asked to provide missing particulars within the time allowed by the Authority.
• Time allowed for correcting an incomplete application is excluded from the 30 day period.
• Before rejecting an application, the Authority may seek an explanation and provide an opportunity for a personal hearing.
• Failure to attend two consecutive hearings after notice may result in rejection by default.
• Before revoking a registration, the registrant must receive notice giving 10 days to explain and an opportunity for a personal hearing.

Fees stated for Tamil Nadu

The Tamil Nadu Real Estate Regulatory Authority (General) Regulations, 2018 list these project registration charges:

• Layouts, Rs. 5 per square metre of plottable area, excluding economically weaker section areas, roads and open space reservation.
• Residential projects with dwelling units below 60 square metres, Rs. 10 per square metre of floor space index area.
• Other residential projects, Rs. 20 per square metre of floor space index area.
• Commercial buildings, Rs. 50 per square metre of floor space index area.
• Other projects, Rs. 25 per square metre of floor space index area.

A processing fee of 10 percent of the original registration fee applies to renewal or extension.

Advertising and public disclosures

The Tamil Nadu Real Estate Regulatory Authority (General) Regulations, 2018 prohibit promoters from advertising a project, inviting bookings or receiving advances from allottees before the Authority issues the registration certificate.

After registration, the promoter must upload project details to the allotted webpage on the Authority's website within 7 days and provide mandatory updates once every 3 months.