Credai To Cm, Real Estate News, ET RealEstate

September 28, 2023

CHENNAI: Red-tapism seems to be impeding construction of highrise buildings in the city. The Confederation of Real Estate Developers Association of India (Credai) has sought Chief Minister M K Stalin’s intervention to speed up clearing of files relating to highrise buildings that are pending approval with the housing department.

In a letter to chief minister, the president of Credai Chennai, S Sivagurunathan, said that a significant number of files are currently in a state of limbo in the housing department, with no clear indication of the reason for the delay.

“Certain files that were cleared during the highrise building panel meeting held on May 22, 2023, have not received the final approval. This situation continues despite multiple representations from Credai Chennai,” said Sivagurunathan.

Credai members pointed out that the delay in processing these files is causing considerable hardship, substantial financial setback and project disruptions, hampering the growth of the real estate sector. “Furthermore, the uncertainty surrounding the status of these files is affecting the overall investor confidence in our state,” he added.

Members from the real estate industry said that timely approvals are not only crucial for the sector’s growth but also have a direct impact on employment and revenue generation for the state. “We respectfully urge you to direct the housing department to review and expedite the approval process for these pending files, ensuring transparency and fairness. Furthermore, we request your support in establishing a system that prevents such delays from occurring in the future, promoting a conducive environment for the development of highrise projects in Tamil Nadu,” said Sivagurunathan in the letter.

A senior official from the department of housing said that during the last meeting on multi-storey buildings, 22 files have been cleared and around 18 are pending as of now. “We will check why the delay is happening and ensure that due measures are taken for speedy clearance,” he added.

In July this year the government reclaimed the power granted to Chennai Metropolitan Development Authority (CMDA) on issuing planning permission for highrise buildings. The housing department has to clear the proposals because CMDA comes under it.

After a panel composed of member-secretary (CMDA) and eight other officials from department of fire and rescue services, Tangedco, Metrowater, police scrutinises the plan for highrise buildings, it is recommended to the government to issue an order granting permission to build.

  • Published On Sep 28, 2023 at 11:00 AM IST

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