In a bid to fast-track clearance procedures for buildings, the Chennai Metropolitan Development Authority (CMDA) has set deadlines for 11 departments to issue the no-objection certificates (NOCs). Out of the 11, nine departments will have to give NOC within 30 days, while the remaining three will have 15 days to issue the NOC. Failing to issue an NOC within the stipulated deadline, would mean that the NOC is deemed as granted.
Industry experts expect that this move will have a positive impact on the residential sector. The speedy approval process is also expected to attract investments from other states to Tamil Nadu as transparent and efficient regulations are indispensable for fostering a stable real estate market.
This directive will set clear timelines, ensure accountability and efficiency, attract increased investment, and better address the growing housing needs. This move could cause a ripple effect that can eventually benefit homebuyers.
Approvals are generally required from a number of departments, including, geology and mining, water resources department, CMRL (if near Metro alignments), Tamil Nadu Housing Board, fire department, Airports Authority of India (for buildings over 30.5 meters or 10 floors), etc.
