Tamil Nadu Housing Board
The rocketing prices of properties in Chennai has made property buying a distant dream for the lower and middle class population in Chennai. Follow up to this not many of them are interested to invest on property with hiking rates. Therefore, to balance the real estate market in Chennai city, the state government has announced additional floor [...] Continue Reading »
The Foreshore Estate in Chennai has been ordered for a redevelopment into residential colony by the Tamil Nadu Housing Board. In action with the same, tenders are being floated by the housing board. Around 2,600 flats are being planned to be constructed at multi-storied residential complexes at Foreshore Estate. With the area covering 21.03 acres [...] Continue Reading »
Lack of adequate open space has led the builders to re-development of old apartments.It is estimated that in the past five years, about 10% of Tamil Nadu Housing Board (TNHB) promoted apartments and houses in sizes ranging from 300 sq ft to 1,500 sq ft have been re-developed. Most of these buildings, owing to poor [...] Continue Reading »
