Chennai: Tamil Nadu Chief Minister Jayalalithaa on Tuesday announced construction of 10,000 flats in Chennai and other towns in the state at a cost of Rs 825 crore besides developing a satellite township at Kadambur near Chennai.
"To fulfill Vision 2023 Plan and under the slum free cities plan of the Union and State governments, the Tamil Nadu Slum Clearance Board, will build 10,000 flats in Chennai and other towns at a cost of Rs.825 crore during the first phase," Jayalalithaa said in a suo motu statement in the Assembly.
While the Centre would share 50 percent, the state would bear 40 percent of the cost and beneficiaries would pitch in with 10 per cent in the construction expenditure alone.
She had ordered reconstruction of 534 TNSCB (Tamil Nadu Slum Clearance Board) tenements at Nochikuppam here at a cost of 48.06 Crore, she told the House.
"I am happy to announce that 222 acres of land in Kadambur village will be developed into a self-supporting residential township with all infrastructure facilities.
The township has been planned considering the growing need for housing plots in areas around Maraimalai Nagar, she said.
The Chief Minister also announced a swanky new building to house the Chennai Metropolitan Development Authority at Koyambedu in Chennai.
The new structure with three basement floors, a stilt floor and eight floors will also house other government offices. The cost of the building will be Rs 63.25 crore.
Pedestrian subways at seven locations, including Alandur here at a cost of Rs 23 crore, a two floor office complex above the Velachery MRTS Station at cost of Rs 40 crore, were the other announcements the chief minister made.
Updated Date: Jul 15, 2014 15:22:18 IST