We, the members of all the Associations from across the State of Tamil Nadu,
We, the members of all the Associations from across the State of Tamil Nadu,
We, the members of all the Associations from across the State of Tamil Nadu, are writing to express our deep con cern and disagreement with the recently announced single agreement system with composite valuation method ology for apartments, both High Rise Building (HRB) and Non-High-Rise Building (NHRB), as announced by the T amil Nadu government and implemented from December 1, 2023, vide G.O. No. 131. We believe that this system will have a detrimental impact on both homebuyers and the real estate industry as a whole.
It's noteworthy that the Single Document System has faced legal scrutiny, with the Honourable Supreme Court striking down its validity in the case of Park View Enterprises vs. State Govt of T...