Now Reading: Tamil Nadu digitises land-use approvals, eases housing loan burden
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Tamil Nadu digitises land-use approvals, eases housing loan burden
Tamil Nadu Housing and Urban Development Minister B Rajkumar announced a series of measures covering urban housing, digital governance, building approvals and relief for housing allottees while replying to the debate on…
Tamil Nadu Housing and Urban Development Minister B Rajkumar announced a series of measures covering urban housing, digital governance, building approvals and relief for housing allottees while replying to the debate on demands for grants for his department in the Assembly.
The Directorate of Town and Country Planning will digitise the entire land-use change application process and expand self-certification to residential buildings up to 5,000 sq ft. Third-party certification will be introduced for commercial buildings up to 3,230 sq ft and residential buildings up to 8,070 sq ft. Local body approval limits for residential projects are being enhanced to 16,140 sq ft for corporations and municipalities.
The Tamil Nadu Urban Habitat Development Board plans to reconstruct 12,648 dilapidated flats across 20 project areas at a cost of Rs 2,882.62 crore. A broad interest waiver scheme for primary cooperative housing societies will benefit defaulted borrowers, with an additional one percentage point interest waiver for Low Income Group and Middle Income Group borrowers.
Indian Opinion Analysis
The digitisation push targets a long-standing bottleneck: land-use change applications in Tamil Nadu have been processed manually, causing delays of months for homebuyers and developers. Expanding self-certification for smaller buildings mirrors a 2020 reform by the Chennai Metropolitan Development Authority, but now extends to the entire state. The Rs 2,882.62 crore reconstruction of 12,648 dilapidated flats is the largest such urban renewal plan announced by the state. Implementation speed will be the key metric, as past redevelopment projects by the Tamil Nadu Urban Habitat Development Board have faced procurement and contractor delays. The next milestone is the start of demolition of 9,918 unsafe units.
Source: indiatoday.in
This brief was synthesised by AI from the source linked above.
