Tamil Nadu Unveils New Rules for Apartment Ownership Act
Real Estate

Tamil Nadu Unveils New Rules for Apartment Ownership Act

A framework has been established for the redevelopment of 30-year-old buildings that had been stalled due to resistance from a small group of residents. This development follows the introduction of new rules by the housing and urban development department on September 24, which strengthen the Tamil Nadu Apartment Ownership Act that came into effect on March 6.

According to the new rules, apartment owners are required to establish an association, create by-laws, and register the association, with a minimum of four apartment owners necessary to form it. Each association will have a board of managers, and in cases where multiple towers exist on a property, the associations can form a federation, with the president and treasurer of each association serving as members.

A housing and urban development official stated that a resolution is essential for redevelopment. The board of managers must convene a special general meeting either on its own initiative or upon request from one-fourth of the apartment owners. Following the passing of the resolution, the association, with the written consent of at least two-thirds of the apartment owners in the project, will notify the chief planner of the Chennai Metropolitan Development Authority or the local planning authority about the decision to redevelop the project.

The association is required to inform all apartment owners in writing within ten days of submitting the decision. If any apartment owner is dissatisfied with how consent for redevelopment was obtained, they may file an objection with the relevant authority within 30 days.

If the authority finds issues with the consent process, it will issue necessary directions to the association. If due process has been followed, the objection will be dismissed. However, if the appropriate authority certifies that the building is in a dilapidated condition or poses a danger to the occupants or others, the association must convene a meeting to pass a resolution to engage a promoter or consultant to prepare a detailed redevelopment report, which will then be submitted to the association for approval.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

A framework has been established for the redevelopment of 30-year-old buildings that had been stalled due to resistance from a small group of residents. This development follows the introduction of new rules by the housing and urban development department on September 24, which strengthen the Tamil Nadu Apartment Ownership Act that came into effect on March 6. According to the new rules, apartment owners are required to establish an association, create by-laws, and register the association, with a minimum of four apartment owners necessary to form it. Each association will have a board of managers, and in cases where multiple towers exist on a property, the associations can form a federation, with the president and treasurer of each association serving as members. A housing and urban development official stated that a resolution is essential for redevelopment. The board of managers must convene a special general meeting either on its own initiative or upon request from one-fourth of the apartment owners. Following the passing of the resolution, the association, with the written consent of at least two-thirds of the apartment owners in the project, will notify the chief planner of the Chennai Metropolitan Development Authority or the local planning authority about the decision to redevelop the project. The association is required to inform all apartment owners in writing within ten days of submitting the decision. If any apartment owner is dissatisfied with how consent for redevelopment was obtained, they may file an objection with the relevant authority within 30 days. If the authority finds issues with the consent process, it will issue necessary directions to the association. If due process has been followed, the objection will be dismissed. However, if the appropriate authority certifies that the building is in a dilapidated condition or poses a danger to the occupants or others, the association must convene a meeting to pass a resolution to engage a promoter or consultant to prepare a detailed redevelopment report, which will then be submitted to the association for approval.

Next Story
Infrastructure Urban

Osaka Expo 2025 to Feature World’s Largest Wooden Structure

Osaka Expo 2025 will showcase the world’s largest wooden structure—a spectacular canopy encircling the 155-hectare exhibition grounds. Designed by architect Sou Fujimoto, the structure combines cutting-edge technology with Japan’s thousand-year tradition of wooden construction to create a futuristic yet sustainable landmark.“This is the biggest wooden construction in the world, so we used the latest technology alongside Japan's ancient craftsmanship to achieve a futuristic design,” Mr Fujimoto said. Rigorous testing ensured the strength of the beams and joints for the immense structu..

Next Story
Infrastructure Energy

India ranks 6th globally with 127 Net-zero firms

India has secured the sixth position globally in corporate climate action, with 127 companies committing to net-zero targets under the Science- Based Targets initiative (SBTi), according to the latest report from ICRA ESG Ratings.Although India contributes approximately 7 per cent of global emissions, its corporate commitments reflect a growing awareness of climate concerns. However, high-emission sectors such as power, energy, and cement are lagging in adopting these goals.The report reveals that fewer than 10 per cent of firms in these high-emission sectors, which contribute to 55 per cent o..

Next Story
Infrastructure Energy

Power prices fall 31% amid renewable push

The average price of electricity traded on India’s power exchanges during October-November 2024 fell by 31 per cent year-on-year (YoY) to Rs.3.61 per unit in the Day-Ahead Market (DAM), down from Rs.5.23 per unit in the same period last year. Similarly, Real-Time Market (RTM) prices dropped by 29 per cent to Rs.3.59 per unit, compared to Rs.5.04 per unit a year ago, as per industry data. The price drop was driven by a surge in renewable energy generation, particularly hydro and wind power, supported by favourable monsoon conditions. Improved fuel availability and government-led ini..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000