TNHB to launch residential project
Monday, July 22, 2013
The Tamil Nadu Housing Board (TNHB) is set to launch Rs 300 crore residential project in Sholinganallur.
Meanwhile, TNHB has called for bids from builders with expertise in prefabricated construction systems to build the project with 1,500 apartments spread across multi-storeyed buildings of stilt plus 10 floors. The project will also include a separate commercial space.
The 14 acres project in South Chennai will include apartments for a cross section of the market including high income, middle income and low income groups. The board has projected a floor space index of 2.5 and has said that the building area should be kept low to enable open space and land for future development. A ground-plus-one utility block will have retail space, gymnasium and community hall.
The TNHB has announced that work is on at the Board for constructing nearly 7,000 houses. In the current year it plans to start work on over 5,600 houses.