Trichy's first high-rise residential project starts construction

14 Jun 2021 CW Team

The Tamil Nadu Housing Board (TNHB) has begun the construction of the first high-rise residential project of the city for the high-income group (HIG) class at Varaganeri.

TNHB will also develop a high-rise block of more than 18.30 m in height on the same campus for the middle-income group (MIG) and low-income group (LIG) sections.

Earlier, TNHB was renting out 48 flats to the public in Varaganeri near Palpannai (Chennai-Trichy NH and Thanjavur-Trichy NH intersection). With the declining stability of the structure, TNHB offered to demolish the current flats and construct a high-rise residential project with facilities such as multiple elevators, covered car parking, power back-up, green space for children, and CCTV security.

The HIG block with 14 floors will include 56 units, all measuring 1,500 to 1,575 sqft floor area, consisting of three bedrooms and is expected to be sold at Rs 69 lakh per unit.

TNHB has also applied for administrative permission to build a high-rise residential tower, all for MIG (14 floors) and LIG (13 floors) categories.

A complete total of 192 units in three separate divisions will be sold to the public.

For the state government employees, TNHB has already started constructing a separate high-rise project in Mannarpuram.

An official with TNHB Trichy told the media that the site is near multiple highways, markets, and hospitals, and the demand was overwhelming throughout their market research.

He said that the flats would be in premium standard, and special attention is being given to the quality of flooring and elevation.

Image Source

Also read: Birla Estates will launch premium Worli project by October

Also read: Sales of three-BHKs increased 19% in seven cities: PropEquity report

Infrastructure Energy

08 Oct 2025

MGL, Oil India Ink Pact To Boost LNG And Clean Energy Projects

Mahanagar Gas Limited (MGL), one of India’s leading City Gas Distribution companies, and Oil India Limited (OIL), a Maharatna public sector enterprise with integrated operations across the oil and gas value chain, have signed a Memorandum of Understanding (MoU) on 6 October 2025.The agreement was signed by MGL’s Vice President (BD, BIS, Commercial & STU) and OIL’s Executive Director (BD), in the presence of MGL’s Managing Director, along with OIL’s Director (Operations) and Director (HR).MGL, which has successfully entered the LNG value chain, currently operates LNG retail statio..

KRN Acquires Bus AC Unit Of Sphere Refrigeration Systems

KRN Heat Exchanger and Refrigeration Limited, a leading manufacturer and exporter of aluminium and copper fins, copper tube heat exchangers, water coils, and condenser and evaporator coils, has announced a major step in its expansion journey.Its wholly owned subsidiary, KRN HVAC Products Private Limited, has signed a Business Transfer Agreement (BTA) with Sphere Refrigeration Systems Private Limited (SRSPL) to acquire its Bus Air-Conditioning division.Under the agreement, KRN HVAC will assume control of all operations, assets, and employees associated with SRSPL’s Bus Air-Conditioning busine..

Oil India, MGL Join Hands To Explore Clean Energy Ventures

Oil India Limited (OIL), a Maharatna public sector enterprise with integrated operations across the oil and gas value chain, has signed a Memorandum of Understanding (MoU) with Mahanagar Gas Limited (MGL), one of India’s leading City Gas Distribution companies. The agreement was formalised on 6 October 2025 by senior executives from both organisations, in the presence of OIL’s Director (Operations) and Director (HR) and MGL’s Managing Director.OIL is currently pursuing an extensive hydrocarbon exploration and development programme, with plans to substantially increase gas production and ..