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ARTICLE · 14 DECEMBER 2018

Exemption Of Projects Listed As "Structurally Completed" Cannot Be Contemplated As Non-Applicability Of Powers Or Jurisdiction Under RERA Act - TNRERA

King, Stubb & Kasiva
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The Developer further rebutted that only upon such verification by the concerned relevant authorities that the said plots were included in the list prepared by DTCP.

IndiaReal Estate and Construction

The Government of Tamil Nadu by way of notification on June 22, 2017 promulgated the Tamil Nadu Real Estate (Regulation and Development) Rules, 2017 ("Rules") as part of the implementation of Real Estate (Regulation and Development) Act, 2016 ("Act"). Under the said Rules, rule 4 explanation III provides that if a planning authority gives approval for a project which is planned to be developed in different phases, the said phases may be registered by the promoter/developer as an independent project for the purpose of registration with the Real Estate Regulatory Authority ("RERA"). Further it states that a two third consent of the buyers is not required for the development of a land into different phases but nevertheless requires such an agreement to divide a project to be in written and executed by the parties. It is also notable that registration requirements under RERA shall not become mandatory if the subject land is less than 500 square meters or the total number

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