Official guidance, Tamil Nadu land law
G.O.(Ms.)No.166, Housing Projects at Sholinganallur, Thiruvanmiyur and Madhavaram
The Government of Tamil Nadu, Housing and Urban Development (HB3(1)) Department, issued G.O.(Ms.)No.166 dated 20 September 2024, dropping the Tamil Nadu Housing Board's proposed Self Finance Scheme for residential flats at Thiruvanmiyur, Sholinganallur and Madhavaram. The department directed that the Thiruvanmiyur scheme instead be pursued separately through a Public Private Partnership with a Transactional Advisor.
What the government decided
G.O.(Ms.)No.166 dated 20 September 2024, issued by the Government of Tamil Nadu, Housing and Urban Development (HB3(1)) Department, cancels the proposed construction of residential flats under the Self Finance Scheme at three Chennai locations:
- Thiruvanmiyur.
- Sholinganallur on Old Mamallapuram Road.
- Madhavaram.
The cancelled proposal covered a total extent of 3.18 acre and had a stated cost of Rs.105.50 crore. It arose from an announcement made by the Minister for Housing and Urban Development for 2022-2023.
Reason for dropping the Self Finance Scheme
The Tamil Nadu Housing Board reported a large stock of unsold properties at Sholinganallur and Madhavaram. It therefore recommended that the proposed Self Finance Scheme projects in those locations be dropped.
For Thiruvanmiyur, the Tamil Nadu Housing Board stated that proceeding without a proper study of local market demand could also lead to difficulty in selling flats. Based on the current market value of the land, it considered that only High Income Group flats could be developed and that Middle Income Group and Low Income Group flats could not be provided there in the affordable category.
Separate plan for Thiruvanmiyur
G.O.(Ms.)No.166 directs the Thiruvanmiyur scheme to be pursued separately under the Public Private Partnership model. The process is to include:
- Appointment of a Transactional Advisor.
- Consultation with the Tamil Nadu Infrastructure Development Board.
The document does not approve a final Public Private Partnership project design, number of flats, price or construction timetable for Thiruvanmiyur. It directs the Tamil Nadu Housing Board to pursue that model separately.
Who may be affected
G.O.(Ms.)No.166 is relevant to people following proposed Tamil Nadu Housing Board flats at Thiruvanmiyur, Sholinganallur or Madhavaram under the 2022-2023 announcement. The Self Finance Scheme projects described in that announcement will not proceed in those three locations. Only Thiruvanmiyur remains under consideration through a different development model.
This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.
Common questions
Will the Tamil Nadu Housing Board Self Finance Scheme proceed at Sholinganallur and Madhavaram?
No. G.O.(Ms.)No.166 dated 20 September 2024 drops the proposed Self Finance Scheme projects at Sholinganallur and Madhavaram because of the large unsold stock reported in those locations.
Has the Thiruvanmiyur housing project also been cancelled?
The Self Finance Scheme proposal at Thiruvanmiyur has been dropped. The Government has directed that a Thiruvanmiyur scheme be pursued separately through a Public Private Partnership.
Has the government approved prices or a construction schedule for the Thiruvanmiyur Public Private Partnership project?
The document does not provide prices or a construction schedule. It directs the appointment of a Transactional Advisor in consultation with the Tamil Nadu Infrastructure Development Board.
Why was the Self Finance Scheme considered unsuitable for Thiruvanmiyur?
The Tamil Nadu Housing Board identified a risk of unsold flats if market demand was not properly studied. It also stated that current land values would allow only High Income Group flats, not affordable Middle Income Group or Low Income Group flats.
