G.O. (Ms.) No. 97, Exclusion of Hosur Phase VII Housing Scheme, 2024
The Housing and Urban Development (HB3(1)) Department issued G.O. (Ms.) No. 97 on 25 April 2024, amending the project approvals in G.O. (Ms.) No. 191 dated 27 October 2022. It removes the proposed construction of 125 Tamil Nadu Housing Board housing units at Phase VII, Hosur, Krishnagiri District, valued at Rs.59.00 crore, from the earlier approval for implementation under Joint Venture mode.
What the government changed
G.O. (Ms.) No. 97 of the Housing and Urban Development (HB3(1)) Department removes one Hosur project from the schemes approved in principle through G.O. (Ms.) No. 191 dated 27 October 2022. The removed project covered construction of 125 housing units on already developed plots at Phase VII, Hosur, Krishnagiri District, under Joint Venture or Public Private Partnership mode.
The proposed Rs.59.00 crore development comprised:
- 57 HIG-I units.
- 55 HIG-II units.
- 13 MIG units.
The Tamil Nadu Housing Board is directed to take the necessary action following the exclusion.
Why the project was dropped
The Tamil Nadu Housing Board invited Expressions of Interest for Joint Venture implementation. Two tenders were received after the tender opening date was extended, but the tenderers were found not qualified because:
- They had not completed work of a similar nature.
- Their average turnover did not satisfy the tender condition.
- Their bid capacity was insufficient.
The Tamil Nadu Housing Board also reported 139 unsold flats across several Hosur phases. During a review meeting, it was directed that the vacant land in the 125 developed plots could be sold as plots. The plots were scattered, and the Board did not expect a suitable response from private developers or promoters under Joint Venture mode.
The Tamil Nadu Housing Board then resolved on 28 February 2024 to drop construction of the 125 housing units. The Government accepted the Managing Director's proposal to exclude the project from the earlier approval.
Who may be affected
G.O. (Ms.) No. 97 is relevant to prospective buyers, developers and promoters interested in the proposed Phase VII housing development at Hosur. The 125 units will not proceed under the Joint Venture scheme approved by G.O. (Ms.) No. 191.
The document records a direction that the vacant land may be sold as plots, but it does not record a completed plot sale, identify purchasers or provide sale terms. Anyone interested in those plots would need to look for separate action by the Tamil Nadu Housing Board.
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
Will the Tamil Nadu Housing Board still construct the 125 Phase VII units at Hosur under this scheme?
No. G.O. (Ms.) No. 97 excludes the construction of those 125 units from the earlier approval for Joint Venture implementation.
Why were the bids for the Hosur project rejected?
The tenderers had not completed similar work, did not satisfy the average turnover condition and had insufficient bid capacity.
Will the 125 developed plots be sold separately?
The document records a direction that the vacant land may be sold as plots because the plots are scattered. It does not confirm that sales have taken place or state any sale terms.
Does G.O. (Ms.) No. 97 cancel the other projects approved in G.O. (Ms.) No. 191?
No. The stated exclusion concerns the construction of 125 housing units at Phase VII, Hosur, listed under announcement number 20.
