TAMIL NADU

GOVERNMENT GAZETTE

EXTRAORDINARY

PUBLISHED BY AUTHORITY

©

[Regd. No. TN/CCN/467/2012-14.

GOVERNMENT OF TAMIL NADU

[R. Dis. No. 197/2009.

2020

[Price: Re. 0.80 Paise.

No. 394]

CHENNAI, THURSDAY, SEPTEMBER 24, 2020

Purattasi 8, Saarvari, Thiruvalluvar Aandu–2051

Part III—Section 1(a)

General Statutory Rules, Notifications, Orders, Regulations, etc.,

issued by Secretariat Departments.

NOTIFICATIONS BY GOVERNMENT

III-1(a) Ex. (394)—1

PRINTED AND PUBLISHED BY THE COMMISSIONER OF STATIONERY AND PRINTING, CHENNAI

ON BEHALF OF THE GOVERNMENT OF TAMIL NADU

HOUSING AND URBAN DEVELOPMENT DEPARTMENT

AMENDMENT TO THE TAMIL NADU TRANSFER OF DEVELOPMENT RIGHTS RULES, 2019

[G.O.Ms. No. 144, Housing and Urban Development [UD4(3)], 24th September 2020, ¹ó†ì£C 8, ꣘õK, F¼õœÀõ˜

݇´&2051.]

No.SRO A-34(a)/2020.

In exercise of the powers conferred by clause (bb) of sub-section (2) of Section 122 read with clause

(45-A) of Section 2 and section 35-A of the Tamil Nadu Town and Country Planning Act, 1971 (Tamil Nadu Act 35

of 1972), the Governor of Tamil Nadu hereby makes the following amendment to the Tamil Nadu Transfer of Development

Rights Rules, 2019, namely :-

Aඕඍඖඌඕඍඖග.

In the said Rules, after rule 10, the following rule shall be added, namely:-

“11. Savings.- (1) Development Right Certifi cates issued under the erstwhile Development Regulations for Chennai

Metropolitan Area or the Tamil Nadu Combined Development and Building Rules, 2019 shall be deemed to have been

issued under these Rules;

(2) The value of the Development Right Certifi cates in sub-rule(1) shall be calculated as per the formula

hereunder, subject to the following conditions, namely:-

“Development Right Certifi cate Value = Floor Space Index credit x (1/Permissible Floor Space Index of

Generating site) x Guide Line Value of Utilizing Site

(a)

The above value shall be applicable only for partially utilized or un-utilized Development Right Certifi cates;

(b)

For utilization of Transfer of Development Rights, the Guide Line Value at the time of issue of the Development

Right Certifi cate or at the time of utilization, whichever is higher, shall be applicable;

(c)

The Development Right Certifi cate holders shall exercise option for utilizing the Development Right Certifi cate

in terms of Floor Space Index credit or in terms of money value.”

RAJESH LAKHONI,

Principal Secretary to Government.