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.

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

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement