Giving a bit more trouble to the builders, the amil Nadu Real Estate Regulatory Authority (TN RERA) has sent notices to the developers in Chennai Metropolitan Area (CMA) who have failed to register their projects with the authority.
The Real Estate (Regulation & Development) Act mandates the registration of ongoing projects built on an area more than 500 square meters and having more than 6 units.
According to an official from Tamil Nadu RERA, out of 785 projects for which the Chennai Metropolitan Development Authority (CMDA) approved the construction, 320 projects are not registered as per TN RERA rules. The real estate authority has issued show-cause notices to such developers and apparently 50% of the developers have responded. Most of the developers claimed that they are constructing the project for self-use and some said that they have not commenced the construction yet & have applied for the permission to revise the construction plan.
Selling or marketing any ongoing real estate project without a proper RERA registration will be considered as the breaching of government rules and the RERA authority will take proper action against defaulters, the official added.
Tamil Nadu state government notified the RERA rules on 22 June 2017 and launched its official website later in August 2017. The Tamil Nadu RERA website features the details of RERA registered projects , RERA TN forms and more. As of now the website have no option for online registration of projects & agents and filing complaints with TN RERA.