Thursday 1 November 2012

Norms for affordable housing eased in Chennai

Chennai

The Tamil Nadu government has been devising schemes to encourage development of affordable housing across the state. A number of measures initiated in the recent past, the following need special mention.

According to official sources, the minimum plot extent required for Economically Weaker Section (EWS) is only 20 sq m within Chennai City and in rest of the Chennai Metropolitan Area it is only 40 sq m In case of EWS plots, the front setback and rear setback requirement is one metre only and no side setback is required.

In cases of residential or predominantly residential developments, where dwelling units for Economically Weaker Sections do not exceed 30 sq m in floor area each, 50 per cent of normally permissible FSI is additionally allowable over and above the normally permissible FSI; and where dwelling units for Low Income Groups do not exceed 50 sq m in floor area each, 30 per cent of normally permissible FSI is additionally allowable over and above the normally permissible FSI; provided that the developer or promoter or owner shall not sell these dwellings for other than the said purposes and no conversion or amalgamation shall be permissible in these cases.

In cases where the extent of the residential layout exceeds 10,000 sq m (1 hectare) ten per cent of layout area (excluding roads) shall be developed as EWS plots and the owner or developer or promoter shall sell these plots only for this purpose. No conversion or amalgamation shall be permissible in these cases of EWS plots.

In cases where the extent of the site where residential or predominantly residential developments proposed exceeds 10,000 sq m (1 hectare), the developer shall reserve minimum ten per cent of the site area (excluding roads if any handed over to local body) and provide housing thereon for low income groups with dwelling units not exceeding 45 sq m in floor area each, either within the site proposed for Special Building development/Group development/MSB development or in a location within a radius of 2 km from the site under reference. The developer or promoter or owner shall sell these small dwellings only for this purpose. No conversion or amalgamation shall be permissible in these cases of lower income group dwellings.

V Nagarajan, Property Consultant

For original source visit: http://content.magicbricks.com/norms-for-affordable-housing-eased-in-chennai/

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