Members of Property Buyers and Sellers Welfare Federation staged a demonstration here seeking the State Government to safeguard the interests of real estate promoters and general buyers of housing plots by regularising all existing unauthorised layouts.
The protesters expressed fear that the investment made by tens of hundreds of people, both land promoters and ordinary buyers would be rendered useless if those plots could not be registered as per the recent High Court order.
The State Government should come out with the policy decision that existing layouts should be authorised and the new norms as per High Court direction should be applicable only to new layouts to be promoted.
“We welcome the High Court order that would bring in some orderly development of housing layouts. But, it should be taken into consideration that unauthorised layouts have come up only because of the undue delay in the processing of applications seeking approval for layouts. Sometimes, it takes years for the same. The procedure should be made more transparent,” the federation president, S. Kamatchi, said.
Stating that the number of registrations that used to be in hundreds in Virudhunagar district, the federation secretary, S. Gandhirajan, former district registrar, said that it had dwindled to a handful numbers ever since the High Court issued the order.
This is creating a lot of confusion as owners of plots are not able to sell them for their emergency requirements like medical expenses or marriage expenses of their daughters.