[Cites 0, Cited by 0]
[Section 41]
[Entire Act]
State of Tamilnadu - Subsection
Section 41(1) in Tamil Nadu Combined Development and Building Rules, 2019
| Extent of site | Reservation | |
| (a) | For the first 3,000 square meters | Nil |
| (b) | Between 3,000 square meters and 10,000 squaremeters | 10% of the area excluding roads or in the alternative he shallpay the Guideline value of the equivalent land excluding thefirst 3000 sq.m. as per the valuation of the RegistrationDepartment. No such area reserved shall measure less than 100square meters with a minimum Width of 10 meters. Such area to bereserved shall not be more than 2 parcels. |
| The space so reserved shall be transferred to theLocal body, free of cost, through a registered gift deed. Incases of residential developments, the local body concerned maypermit the Residents Association or Flat Owner's Association formaintaining such reserved space as park or playground. | ||
| (c) | Above 10,000 square meters | Ten per cent of the area excluding road with a minimum widthof 10 meters. and such area to be reserved shall not be less than500 square meters and this space shall be transferred to thelocal body designated by it, free of cost, through a gift deed.It is obligatory to reserve and hand over the space and no chargein lieu can be accepted in case of new developments orredevelopments. |