Tamil Nadu govt to build 960 houses for Singanallur housing owners
Real Estate

Tamil Nadu govt to build 960 houses for Singanallur housing owners

Housing Minister S Muthusamy told the media that the state government would construct 960 houses for the Singanallur housing unit flats' owner via a joint venture with a builder.

After a meeting on Sunday with the Singanallur housing board apartment owners in the city, Muthusamy told the media that the new flats would be stronger, spacious and better than the existing ones. The current housing unit lacks certain facilities. They have discussed rendering a lot more facilities in the new housing unit, he said.

Muthusamy told the media that the 960 homes were constructed over 35 years ago. Over the years the building got damaged, and the structure was weakened so much that the citizens could no longer live there. The owners of the housing units have been urging the government to redevelop the housing unit.

Remembering that former DMK minister Pongalur N Palaniswamy, as well as party’s former SInganallur MLA N Karthik, had raised the matter several times, Muthusamy said that when chief minister M K Stalin discovered about the difficulty of the housing board residents, he ordered the minister to fix the problem. They held talks with the owners and made a decision.

A 22-member committee including representatives from the flat owners has been created for the objective. All decisions about the development will be taken only after discussion with the committee. Details like the complete area of the planned residential unit, area of each flat and number of floors in the building are yet to be worked out.

While the state government has planned to spend approximately Rs 90 crore initially, the builder would be pumping in a portion of the amount needed for construction. In return, the builder would be provided with a particular number of apartments, which they could sell and recover the money invested.

Image Source

Housing Minister S Muthusamy told the media that the state government would construct 960 houses for the Singanallur housing unit flats' owner via a joint venture with a builder. After a meeting on Sunday with the Singanallur housing board apartment owners in the city, Muthusamy told the media that the new flats would be stronger, spacious and better than the existing ones. The current housing unit lacks certain facilities. They have discussed rendering a lot more facilities in the new housing unit, he said. Muthusamy told the media that the 960 homes were constructed over 35 years ago. Over the years the building got damaged, and the structure was weakened so much that the citizens could no longer live there. The owners of the housing units have been urging the government to redevelop the housing unit. Remembering that former DMK minister Pongalur N Palaniswamy, as well as party’s former SInganallur MLA N Karthik, had raised the matter several times, Muthusamy said that when chief minister M K Stalin discovered about the difficulty of the housing board residents, he ordered the minister to fix the problem. They held talks with the owners and made a decision. A 22-member committee including representatives from the flat owners has been created for the objective. All decisions about the development will be taken only after discussion with the committee. Details like the complete area of the planned residential unit, area of each flat and number of floors in the building are yet to be worked out. While the state government has planned to spend approximately Rs 90 crore initially, the builder would be pumping in a portion of the amount needed for construction. In return, the builder would be provided with a particular number of apartments, which they could sell and recover the money invested. Image Source

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement