dinathanthi newspaper 23/09/2016

Feeling the pinch of the Madras high court’s blanket ban on registration of unapproved residential plots and wetlands converted into plots, real estate developers have rushed to the court seeking permission to sell unsold plots in existing layouts and also suggesting amnesty scheme for unapproved plot-buyers.

The court, however, has declined to take a relook at its order and has, instead, posted the matter to be heard along with a pending PIL on the subject.The September 9 order of the first bench comprising Chief Justice Sanjay Kishan Kaul and Justice R Mahadevan has brought registration of unapproved residential plots in Tamil Nadu to a grinding halt and inspector-general of registration has directed his subordinates not to register sale deeds if the plots are unapproved. Referring to this order, and media reports that said several lakh housing layouts including those on East Coast Road and Old Mahabalipuram Road on the outskirts of Chennai had become `dead assets’ for buyers, the All India Real Estate Businessmen Welfare Association sought to be made a party to the pending PIL-proceedings.

It said registration could not be refused by authorities, and added: “ As on today, there is no provision in the Tamil Nadu Registration Act, 1908 to refuse to register certain documents.Any document which is presented before the registrar has to be registered, and he cannot refuse to register it.“

dinathanthi newspaper 23/09/2016 :   http://www.dinathanthiepaper.in/firstpage.aspx