GCC slashes security deposit to one-sixth!
Posted on: 12/Mar/2020 3:58:35 PM
In a pleasant surprise development, the Greater Chennai Corporation (GCC) has drastically reduced security deposit collected from the building owners who are applying for building plan permission.
A recent circular issued by Corporation Commissioner G Prakash stated that the works department would collect a refundable security deposit of Rs 1,500.
This is collected to erect display boards bearing the details of planning approval as mandated by the High Court. Earlier, the civic body was collecting Rs 10,000 as a security deposit.
The civic body circular has exempted security deposit for residential buildings not exceeding three dwelling units and residential buildings not exceeding an area of 750 sqm.
The present move was taken following the notification of Tamil Nadu Combined Development and Building Rules, 2019.
The civic body would also collect a scrutiny charge of Rs 1.50 per sqm for layout and subdivision proposals seeking approvals.
In this regard, a Chennai Corporation official informed, The circular has been issued to implement the changes and to instruct the officials to adhere to the new norms.
Roles of CMDA and GCC
Chennai Metropolitan Development Authority (CMDA) issues the building plan approvals for multi-storeyed buildings and huge projects.
Greater Chennai Corporation (GCC) issues the planning permissions to the buildings less than stilt-plus-three floors and ground-plus-two floors.
