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Ar Dave D Anand   03 November 2020

About tnhb process

HI ALL , I AM PLANNING TO BUY A FLAT OR PLOT THROUGH TNHB SCHEME MY QUESTION IS WHETHER TNHB FIXES THE RATE TENTATIVELY DURIING THE PURCHASE LATER THEY WILL INCREASE THE FLAT VALUE BASED ON MARKET VALUE . IS THERE ANY CONDITION TO BUILD A HOUSE INTHE TNHB PLOT WITHIN A STIPULATED PERIOD IF NOT WAT WILL THEY DO


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 1 Replies

175B083 Mahesh P S   26 January 2021

Hello,

Here is some info on the scheme mentioned,

General public 38%
 
•  As per the orders of the Government to reserve 3% for differently abled persons on priority basis in all categories for the allotment made by the Tamil Nadu Housing Board Plots/Flats/Houses henceforth in view of the year 2011 being the Golden Jubilee year of Tamil Nadu Housing Board.
•  To provide 2% reservation in allotment to Judicial Officers, those who are serving in the state of Tamil Nadu within the reservation of 18% made for State Government Servants.
LOT PROCEDURE:
•  During the lot, two drums are kept and in one drum the token number mentioning serial number are put and in another drum the numbers of units to be allotted are put.
 
•  The public who are present for lot are invited to take one token from one drum for serial number and one token from another drum for house/flat/plot number.
•  30% are also taken from each category as waiting list
PREPARATION OF MINUTES:
•  After selecting the applications during the “LOT” for all the units to be allotted, the selected list is circulated among the members of the Allotment Committee for approval. After approval, the allotment order will be issued.
 
 MODE OF ALLOTMENT
A) HIRE PURCHASE SCHEME
•  Initial Deposit should be paid within 21 days from the date of receipt of the allotment orders .
•  The Initial deposit should be fixed as 40% for HIG, 25% for MIG and 15% for LIG of the selling cost based on the request.
•  The Monthly Instalment commences from the date of ready for occupation of the scheme.
•  The repayment is scheduled between 8 to 15 years. The rate of interest varies from 12% to 18%.

•  The maintenance is being carried out from the amount collected from the allottees for maintenance.
•  The Regular maintenance is carried out not exceeding the amount collected from the allottees. This service will be done, till allottees association is formed and maintenance taken over by them.

 B) OUTRIGHT PURCHASE BASIS
•  SC/ST including Adi Dravidars, Dhobis/Barbers, working Journalists are not eligible to apply under this system.
•  If ‘A’ and ‘B’ certificates are issued to the selected applicants, it should be clearly indicated in the ‘A’ and ‘B’ certificates and in the covering letter itself, that the certificates are valid only up to the period of two months from the date of allotment and after that period the certificates is not valid since, there is no provision to grant further time for payment of full cost.

•  Outright purchase allottees shall be given one month time to pay the entire cost.
•  State Government servant applying for HBA to pay full cost should not apply under outright purchase basis.
•  Others are eligible to apply under outright purchase provided they are prepared to pay the cost in full within 30 days plus a grace period of another 30 days.

 C) SELF FINANCE SCHEME
•  A Self Finance scheme is a scheme in which the Board receives the cost of the building in advance from the prospective allottees in stage by stage and the entire cost of the building is realised from the allottees before the completion of the building and handing over the building to the allottees.
•  Selected applicants should pay the 10% of cost of allotted unit after deducting of application money within 21 days from the date of receipt of the allotment order.
•  Balance 90% payment to be remitted within the project period;
•  Project period varies from 12 months for individual houses, 18 months for
stilt + 4 floors and 24 months for Multi-storied flats;

•  If applications received are more than the number of units proposed, allotment will be made by drawl of lot.
•  Unsuccessful applicants can get their Initial Deposit fully.
•  If selected applicant withdrawn their allotment, 0.5% of the total amount paid (or) Rs.10,000/- whichever is higher will be forfeited and the balance amount will be refunded to the allottees immediately.

 COMMERCIAL UNITS
Procedure for allotment of Commercial sites
•  The commercial sites are allotted by sealed tender-cum-open auction basis.
•  Notice of tender-cum-auction should be published in the newspapers in Tamil
and English dailies well in advance.
•  In respect of receipt of the tenders, the procedure followed for receipt of works tenders should be followed.
•  The highest rate quoted in the sealed tender should be announced to bidders and this amount or the upset price, whichever is higher should be taken as upset amount of the auction.
•  The successful bidder should deposit 25% of the bid price (adjusting 15% of EMD) within the next day of auction. Regarding the balance 75% amount, 50% amount within 6 weeks from the date of confirmation and the balance 25% within 12 weeks from the date of confirmation.

Do visit the Tamil Nadu housing board website for more information :

https://tnhb.tn.gov.in/documents/TNHB_Allotment_Procedures_10012020.pdf

Thank you

 


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