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MBS Placed on Fast Track in Chennai by Chennai Municipal Development Authority

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The Multilevel constructions in Chennai were sited on a fast Track by the Chennai Metropolitan Development Authority. Recently, the authoritarian agency had said that there was no need to get 7 out of the 13 no-objection certificates (NOCs) from different government authorities , which was till now needed to issue of the plan approval for MSBs, says the source at www.propertykhazana.com. The onus is rested on the CMDA to correspond with the civic authorities for getting NOCs once the developer submits the request with a complete plan for clearance. Moving further, the CMDA has given permission to the builders on their own to submit their application for NOC’s with a complete plan for the authorities sanction.
The CMDA also stated that their aim was to pace up the sanction process in all spheres as it consumed more time for their staff to correspond with different authorities thereby curbing the delay to get the NOC’s . Also, an 18 point plan has been chalked out for builders while requesting for sanction of MSB. The applications may become invalid if the builder meet the requirements and as such the promoter has to once again undergo all the procedures, where initially their concerned authorities look into the loop-holes and thereby the files were being kept under abeyance for over two years.
It is reported by the source at the www.propertykhazana.com that it is made firm by the regulatory authority to accept the lad to widen the road and also for open space reserve (OSR area is generally used for setting up of parks) directly from the builder. And the CMDA will give the area to local authorities hitherto, it was the duty of the builder to give the area to the local body (corporation or Panchayat) by way of a deed of registration which was a time consuming process. Another aspect of significance is the readiness shown by CMDA not to inspect the title documents form the plan of building. As such the promoter can present the property documents to CMDA for analysis when the land is being bought and make certain the need for development on the land much earlier before the building plan is made. For more and latest realty updates visit www.propertykhazana.com.
Source: NBTVLIVE

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