G.O.(2D) No. 233, Formation of Committee for Revised Financial Statements for Tamil Nadu Housing Board Projects, 2024
The Government of Tamil Nadu, Housing and Urban Development (HB3(1)) Department issued G.O.(2D) No. 233, dated 7 June 2024, approving a committee to examine revised financial statement proposals for Tamil Nadu Housing Board flat, multi-storied commercial and office projects in Kodampakkam Village, Mylapore Village, Urur Village and Erode. The Government Order begins an internal financial review and reporting process, but does not itself approve construction, allotment or sale of any property.
What the Government Order does
G.O.(2D) No. 233 of the Government of Tamil Nadu, Housing and Urban Development (HB3(1)) Department approves the formation of a committee to examine revised financial statement proposals for specified Tamil Nadu Housing Board projects. The committee must examine the proposals and submit a detailed report before the ensuing Tamil Nadu Housing Board meeting, where a decision on construction can be taken.
The Government also approved Tamil Nadu Housing Board Resolution Nos. 4.01, 4.02, 4.05, 4.06 and 4.07, dated 23 June 2023, for forming the committee. The Managing Director of the Tamil Nadu Housing Board has been directed to take further action.
Projects covered
The financial review relates to proposed construction involving:
- Flats.
- Multi-storied commercial buildings.
- Office buildings.
- Schemes in Kodampakkam Village.
- Schemes in Mylapore Village.
- Schemes in Urur Village.
- Schemes in Erode.
The request described in G.O.(2D) No. 233 also refers to Todhunter Nagar when listing the locations for which revised financial sanction was to be examined.
Committee membership
G.O.(2D) No. 233 identifies the following committee members or represented authorities:
- Deputy Secretary to Government, Finance Department.
- Directorate of Town and Country Planning.
- Engineer-in-Chief, Public Works Department.
- Chief Engineer, Tamil Nadu Urban Habitat Development Board.
- Chief Engineer (City), Tamil Nadu Housing Board.
The committee's role is limited to examining the revised financial statement proposals and providing a detailed report for consideration by the Tamil Nadu Housing Board.
Who may be affected
G.O.(2D) No. 233 directly concerns the Tamil Nadu Housing Board and the government departments and technical authorities represented on the committee. People interested in the listed housing, commercial or office projects may be indirectly affected because the financial review is part of the process before the Board decides whether to proceed with construction.
G.O.(2D) No. 233 does not state that any flat or commercial property is available for application, allotment, purchase or possession. It also does not provide project prices, eligibility conditions, construction schedules or buyer payment terms.
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Common questions
Does G.O.(2D) No. 233 approve construction of the listed projects?
No. It approves a committee to examine revised financial statement proposals and submit a detailed report before the Tamil Nadu Housing Board meeting takes a construction decision.
Which Tamil Nadu Housing Board locations are covered?
The approved review covers schemes in Kodampakkam Village, Mylapore Village, Urur Village and Erode. The request recorded in the Government Order also refers to Todhunter Nagar.
Can buyers apply for flats under this Government Order?
G.O.(2D) No. 233 does not announce applications, allotments or sales. It only establishes an internal committee for financial examination and reporting.
Who must take further action after the committee is approved?
The Managing Director of the Tamil Nadu Housing Board is directed to take action in accordance with the Government Order.