TN Housing board to prioritise redevelopment over new projects
Real Estate

TN Housing board to prioritise redevelopment over new projects

The Tamil Nadu Housing Board (TNHB) will prioritise the redevelopment of complexes it built three decades ago over finding new land for new projects. It will look into the possibility of establishing new townships through land pooling.

Because of the prohibitive cost, TNHB has only acquired a few land parcels in the last decade. As a result, it proposes to take advantage of the available land by enlisting the help of landowners to redevelop dilapidated TNHB colonies.

The Minister was speaking at Confederation of Real Estate Developers' Associations of India’s (CREDAI) Fairpro property expo, where a new insurance scheme covering over one lakh construction workers and the real estate vision 2030 were unveiled.

He told the media that redevelopment would require the cooperation of existing owners and that the TNHB would hold talks with them.

He further said that the expansion of the Chennai metropolitan area would be carried out in stages.The initial expansion will be less robust than anticipated. In another month, the expansion process should be completed.

The minister said 55 acres of grazing land at Bethel Nagar in Injambakkam could be used to provide alternative housing for encroachers evicted from 164 acres of wetland at Injambakkam due to court orders.

TNHB has the unique ability to create very large neighbourhood schemes, each of which is a self-contained neighbourhood in its own right.

Tamil Nadu Housing Board is one of India's largest institutions, catering to the shelter needs of various income groups. It was a pioneer in developing very large neighbourhood schemes.

Image Source

Also read: Tamil Nadu sets up committee to probe Smart City works: KN Nehru

The Tamil Nadu Housing Board (TNHB) will prioritise the redevelopment of complexes it built three decades ago over finding new land for new projects. It will look into the possibility of establishing new townships through land pooling. Because of the prohibitive cost, TNHB has only acquired a few land parcels in the last decade. As a result, it proposes to take advantage of the available land by enlisting the help of landowners to redevelop dilapidated TNHB colonies. The Minister was speaking at Confederation of Real Estate Developers' Associations of India’s (CREDAI) Fairpro property expo, where a new insurance scheme covering over one lakh construction workers and the real estate vision 2030 were unveiled. He told the media that redevelopment would require the cooperation of existing owners and that the TNHB would hold talks with them. He further said that the expansion of the Chennai metropolitan area would be carried out in stages.The initial expansion will be less robust than anticipated. In another month, the expansion process should be completed. The minister said 55 acres of grazing land at Bethel Nagar in Injambakkam could be used to provide alternative housing for encroachers evicted from 164 acres of wetland at Injambakkam due to court orders. TNHB has the unique ability to create very large neighbourhood schemes, each of which is a self-contained neighbourhood in its own right. Tamil Nadu Housing Board is one of India's largest institutions, catering to the shelter needs of various income groups. It was a pioneer in developing very large neighbourhood schemes. Image Source Also read: Tamil Nadu sets up committee to probe Smart City works: KN Nehru

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?