Problems with panchayat approved lands?

Q: Anybody can explain whether we can buy a Panchayat approved land and the problems if we but it..

ashok jayaraman,

11th February 2016

Investment Advice in Coimbatore

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Replies (3)

Panchayat have full authority to approve land and building.

k.Thangaraj, Apartment Resident

16th February 2016

Comment

Yes,
And once these layouts are approved, Panchayat may have the ability to approve building plan subject to certain regulations. This delegation of power to approve building plans are limited to certain regions only. However, Panchayat can never approve a layout plan.

Uday kumar, Chennai

12th February 2016

Comment

Hi Uday,
Those who are a risk opposite investor like the majority of investors, do not get involved with unapproved or Panchayat approved layouts. There are better layouts available with better resale value. If you have confidence on the approval process and if you have historic evidence of approval for neighboring plots, you can take a plunge in to the risk prone world of gambling in real estate market.

subramanya, Chennai

12th February 2016

Hi,
The most commonly marketed plots in and around Chennai include Panchayat, CMDA and DTCP approved plots. The commonly marketed layouts which do not have approval are often marketed as Panchayat approved lands. This terminology has been unofficially associated with layouts which are unapproved by town planning authority (e.g. DTCP) or nodal authority (e.g. CMDA).

Uday kumar, Chennai

12th February 2016

Comment

It is correct Uday,
It has been customary to call unapproved plots as Panchayat approved layouts. Brokers and the so called realty developers always use the term Panchayat approved for selling unapproved layouts. And it is a known fact that only Town and Country Planning authorities (such as DTCP) along with nodal planning authorities (such as CMDA, DDA, HMDA) can approve layout plans.

Ram Gopal, Chennai

12th February 2016