Chennai has recently become a popular destination. Its strategic location, flourishing economy, and thriving culture all combine to make it a magnet for real estate investments. Over the last few years, the property market in the city has experienced steady demand from both residents and high-profile buyers. However, when it comes to buying approved plots, prospective buyers often face a common dilemma of choosing between CMDA or DTCP-approved plots in Chennai.
CMDA (Chennai Metropolitan Development Authority) and DTCP (Directorate of Town and Country Planning) are two entities that regulate urban and suburban real estate development in the city. These authorities ensure that plots available inside the city and on the outskirts adhere to planned guidelines and meet standards for legality, infrastructure, and environment.
What is CMDA?
CMDA is an organisation that is authorised under Section 49 of the Tamil Nadu Town and Country Planning Act, of 1971 to regulate development within the Chennai Metropolitan Area (CMA). The authority is also responsible for the city’s planned growth and construction of roads, sewage systems, community spaces, residential buildings, commercial, IT/ITes structures, institutional space, and smaller layouts on non-agricultural land.
Benefits of CMDA-Approved Plots
CMDA-approved plots in Chennai are a popular choice among buyers due to their many advantages. Some of these include,
Legal Compliance
Plots approved by the CMDA need to adhere to strict regulations. These regulations cover various aspects such as land usage, facilities and amenities in the neighbourhood, title verification, the legal status of the plot, documents, etc. These regulations also ensure a safe investment. A layout that meets the CMDA approval cannot be demolished or damaged without any legal justification.
Planned Infrastructural Development
Another advantage of investing in CMDA-approved plots in Chennai is the surrounding infrastructure. These plots are located within city limits and societies with a host of facilities and amenities such as well-connected roads, schools, colleges, hospitals, supermarkets, social areas, commercial spaces, etc.
Higher Resale Value
CMDA-approved properties typically experience appreciation over time and drive high resale value. The adherence to regal compliance planned infrastructural development and layout that keeps in line with the regulations, make these plots a highly desirable option for buyers, offering a potential return on investment.
What is DTCP
DTCP is a government agency developed under the Town & Country Planning Act (T&CP Act), 1971, passed by the State government. This authority is tasked with shaping the suburban and rural landscape and is responsible for the development of towns and cities in the state. Though plots approved by DTCP need to adhere to similar regulations set by CMDA, unlike CMDA, it is rather easy to acquire DTCP permission.
Benefits of DTCP Approved Plots
Easy Accessibility & Affordability
One of the most significant benefits of investing in DTCP-approved plots is that they are easily accessible and affordable. Though these plots are typically located in the urban and suburban areas of Chennai, they offer easy connectivity and basic amenities. DTCP plots are also often more budget-friendly and are considered a great option for investors who want to buy land as a future investment.
Peaceful Environment
Many DTCP-approved plots are located away from the hustle and bustle of the city, allowing residents to enjoy the serene calmness of country life. With open spaces and natural surroundings, DTCP-approved plots experience less congestion and are perfect for those who enjoy a stress-free lifestyle.
Flexibility of Construction
Though DTCP plots comply with the legal and regulatory guidelines set by the government, they have more flexibility for construction and usage. This freedom allows real estate developers and buyers to utilise the space as they feel.
These dual jurisdictions offer buyers a choice of options. While no one set is better than the other, it all depends on the buyer’s choice, whether they prefer the peacefulness, and affordability of the urban localities or the robust connectivity in the city.