TN Housing board to prioritise redevelopment over new projects

09 Mar 2022 CW Team

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

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..