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 Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..