Tamil Nadu: TNUHDB unveils new housing development

12 Apr 2023 CW Team

In Irungalur, close to Manachanallur in Trichy, the Tamil Nadu Urban Habitat Development Board (TNUHDB) has inaugurated a new residential complex for the economically weaker section (EWS) and low-income group (LIG).

M K Stalin, Chief Minister, Tamil Nadu, essentially declared the project open. M Pradeep Kumar, District Collector, planted native tree saplings while he was at the housing complex.

The TNUHDB's phase II residential complex comprises 240 dwelling units and cost Rs 210 billion to build. The complex has 10 blocks with 24 units each that were created with the urban poor in mind. Each living unit is 400 sq ft in size and includes a bedroom, hallway, kitchen, bathroom and toilet.

In the same location, TNUHDB has a phase I residential complex with 540 dwelling units that is completely occupied. Phase II was presented as an expansion project because there was a need.

Phase II unit distribution to beneficiaries has not yet been completed. To distribute applications to those who are interested, we have started a unique camp. The applicant must not own their own home and have an annual income of less than 3 lakhs.

Also read:
Birla Estates enters residential real estate sector in Pune
Institutional real estate investment saw 37% increase in Jan-Mar 2023

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..