Power supply will be suspended in and around Sembium, Keelkattalai and Ennore from 9am to 2pm on Wednesday to carry out maintenance work. Sembium: Chandraprabhu Colony, Thanigachalam Nagar, Moolakadai, Annai Sathya Nagar, Venkateshwara Nagar, Police Quarters, Madhavaram High Road, KH Road, Nagaiah Thottam, Munusamy Street, Palayakkara Street, United India Nagar, KK Nagar and Chetty Thottam. Keelkattalai: Balamurugan Nagar, Ambal Nagar, Thenmozhi Nagar, Boopathy Nagar, Soundarajan Nagar, Kumaran Nagar, Thiruvaluvar Nagar, 200 Feet Radial Road, Rose Nagar, MK Nagar, Ganapati Nagar, Echangadu Signal, Engineers Avenue, Bakkiyalakshmi Nagar, Raja Nagar, S kolathur, Manikandan Nagar,Veeramani Nagar and Anbu Nagar. Ennore: Kathivakkam, Ennore Bazaar, Kaattukuppam, Nehru Nagar, Saasthiri Nagar, Anna Nagar, Sivanpadaiveethi, valluvar Nagar, Kamarajar Nagar, SVM Nagar and VOC Nagar, Ulaganathapuram, Mugathuvarakuppam, Ennorekuppam, Thaazhanguppam, Nettukuppam, Chinnakuppam, Periyakuppam, Ernavoor Kuppam, ETPS Vaaria Kudi Iruppu Paguthi, Ernavoor, Balaji Nagar, Mahalakshmi Nagar and etc 
 

Sustained double-digit economic growth in Tamil Nadu is strengthening confidence across housing, infrastructure, and investment segments. The State recorded real economic growth of 10.83 per cent in FY26, following 11.19 per cent in FY25—well above the national estimate of 7.4 per cent. During this period, gross state domestic product increased from Rs 31.19 trillion to Rs 35.29 trillion, with per capita income reaching Rs 4.08 lakh.

The continued growth momentum reflects broad-based confidence among industries, investors, homebuyers, and the workforce. This marks two consecutive years of double-digit growth, the first such occurrence in over a decade.

The economic expansion is expected to directly benefit the real estate sector, as rising employment, income growth, and urbanisation support demand across residential, commercial, warehousing, and infrastructure segments. Strong performance in the services sector, including real estate-linked activities, further reinforces the sector’s role in the overall growth cycle.

Ongoing emphasis on infrastructure development, industrial expansion, digital governance, and investment facilitation is contributing to a stable and growth-oriented ecosystem. Supported by strong fundamentals such as a skilled workforce, a robust manufacturing base, and sustained urban development, Tamil Nadu is well positioned to maintain its growth trajectory, aided by continued reforms in approvals, infrastructure, and ease of doing business.

After spending nearly Rs3,000 crore over the past two years and slipping into a negative balance of around Rs1,500 crore, the city’s apex urban development authority has decided to completely withdraw from construction-related activities and restrict itself to its core responsibilities of urban planning and regulatory approvals. During the last two years, the authority financed a wide range of infrastructure projects, including administrative buildings, libraries, bus terminals, markets, and several city-level infrastructure developments involving public buildings and transport facilities. Construction expenditure alone accounted for close to RS 3,000 crore in this period, exhausting the authority’s financial reserves and pushing it into a significant deficit. Officials have acknowledged that there are no remaining funds to undertake any new construction work. Construction activities, officials said, do not fall within the authority’s original mandate. Despite this, the organization ventured into large-scale infrastructure and special construction projects even though it does not possess a dedicated execution wing or a multi-tier engineering structure required to supervise works on the ground. The absence of sufficient technical personnel also meant the authority lacked the capacity to properly review construction quality or maintain the assets after completion. Officials further pointed out that while substantial resources were diverted towards construction, the authority failed over the last two years to carry out its primary responsibilities, such as creating new plotted development areas, planning neighborhoods, preparing layouts, and implementing land pooling initiatives. These activities form the foundation of long-term urban development and revenue generation for the authority. Acknowledging these shortcomings, the authority has now decided to return to its fundamental role in city planning and approvals and formally exit construction activities. With its current monthly revenue standing at around Rs15 crore, officials said efforts are underway to improve financial stability by focusing on land pooling projects, layout development, and other planning-led initiatives aligned with its statutory mandate.

The Tamil Nadu government has halted construction of a Rs 2,000-crore residential housing project in Perumbakkam after finding that work had commenced without obtaining mandatory permission from the State Wetland Authority. The 1,250-unit project, spread across 14.7 acres, is alleged to fall within the ecologically sensitive Pallikaranai Ramsar Wetland Site. The State Environment Impact Assessment Authority (SEIAA), at a meeting held on May 8, revoked the environmental clearance (EC) granted to the project. The decision followed a complaint submitted last October by an anti-corruption non-governmental organisation, which alleged that the project site lay within the Ramsar boundary of the Pallikaranai marshland. The complaint was resubmitted to the Chief Minister on June 14. According to the minutes of the SEIAA meeting, a communication dated April 16 from the member secretary of the Wetland Authority stated that the project proponents had failed to obtain due permission before commencing construction. This was found to be a violation of the conditions attached to the EC issued on January 20 for multiple survey numbers in Perumbakkam village. The authority noted that construction activity had already begun without the required approval. In light of the ongoing issues, booking amounts are being returned to purchasers. Welcoming the move, the complainant organization said that cancellation of the EC was an important step towards protecting the Pallikaranai marsh. Environmental groups also welcomed the decision and urged the government to expedite the identification and notification of wetlands across the State. 

The Tamil Nadu government has expanded its crop loan waiver scheme, offering enhanced debt relief to farmers who availed crop loans through cooperative banks. Under the revised decision, farmers are now eligible for a full loan waiver of up to Rs 75,000, addressing criticism over the earlier cap of Rs 50,000. The decision was taken after a high-level review meeting held at the state secretariat on June 15, 2026. The review was initiated following widespread demands from farmers, agricultural groups, and other stakeholders across the state to broaden the scope of the original waiver scheme announced on May 25, 2026. The earlier announcement had limited full loan relief to small and marginal farmers with crop loans up to Rs 50,000. As per the revised scheme, the government will provide a 100% waiver for crop loans up to Rs 75,000. For farmers with crop loans exceeding Rs 75,000, a fixed waiver amount of Rs 35,000 will be provided. The scheme applies to crop loans availed between May 1, 2025, and February 28, 2026, through cooperative banking institutions. In total, approximately 14.43 lakh farmers across Tamil Nadu are expected to benefit from the expanded waiver. The total financial burden on the state exchequer is estimated at Rs 5,932.23 crore. Of the total beneficiaries, around 6.22 lakh farmers will receive full waivers for loans up to RS 75,000, amounting to Rs 3,058.06 crore. Meanwhile, about 8.21 lakh farmers with loans above Rs 75,000 will receive fixed waivers of Rs 35,000 each, totaling Rs 2,874.17 crore. Overall, 1,443,504 farmers will receive loan relief under the scheme. The waiver is expected to offer significant financial relief to the farming community, with individual benefits ranging from a minimum of Rs 35,000 to a maximum of Rs 75,000, helping reduce debt stress and improve agricultural sustainability. However, despite the expansion, some farmers’ groups have expressed dissatisfaction, stating that the revised measures do not fully address the financial challenges faced by farmers with higher loan burdens.

The process of obtaining planning permission for high-rise buildings is expected to become significantly faster, as the state administration has once again delegated the authority to approve such projects within the metropolitan region to the designated planning authority. This decision was officially announced through a government order issued by the department overseeing housing and urban development on June 15.

The move comes after the planning authority pointed out that sending proposals to the government for final clearance—after completing technical scrutiny—was resulting in avoidable procedural delays. Accepting this concern, the government agreed that vesting approval powers directly with the planning body would streamline the process and reduce turnaround time for project clearances.

As part of this change, relevant provisions of the prevailing development and building regulations have been amended. Under the earlier framework, proposals for high-rise buildings had to be forwarded to the government for final approval, even after technical evaluation. Although a similar delegation of powers was introduced in 2022 for approving buildings exceeding a specified height, a subsequent amendment to the rules the following year reversed the decision and reinstated mandatory government approval.

With the latest order, the approval authority has been restored to the planning body. In addition, a high-rise building scrutiny committee has been reconstituted to examine proposals. The panel will be headed by the senior administrative official of the planning authority and will include representatives from key civic, utility, infrastructure, emergency services, water management, public works, power distribution, and traffic enforcement agencies. The committee will be responsible for ensuring that all safety, infrastructure, and service-related requirements are thoroughly reviewed before granting approval.

Overall, the revised mechanism is expected to simplify procedures, eliminate redundant approvals, and accelerate the development of high-rise projects across the metropolitan area.

After independence, rapid industrial growth in India triggered large-scale migration from rural regions to urban centers in search of employment and better living standards. This sudden influx of population placed immense pressure on city infrastructure, particularly on housing availability. One of the major urban centres faced acute housing shortages as workers and their families moved in large numbers, leading to the growth of informal settlements and overcrowded living conditions. To respond to this challenge, a dedicated urban development body was formed in the late 1940s with the primary objective of planned housing development. This organization focused on constructing residential units in varying sizes and cost ranges so that people from different economic backgrounds could access formal housing. Its efforts marked an important shift from unplanned urban growth toward structured residential layouts with basic amenities. As urbanization spread beyond the city limits and housing demand increased across other parts of the state, the organization's responsibilities were expanded. In the early 1960s, it was restructured under a new legislative framework, giving it a state-wide mandate to plan, develop, and deliver housing projects in multiple urban and semi-urban regions. This restructuring allowed for a more coordinated and systematic approach to addressing housing shortages across the state. The housing framework adopted by the authority categorized beneficiaries into four income groups: economically weaker households, low-income households, middle-income households, and higher-income households. This classification ensured that housing schemes were tailored to the financial capacity of each segment, enabling equitable access to home ownership. The objective was to prevent exclusion of lower-income families while also meeting the needs of middle- and higher-income groups. Government data indicates that the housing authority has implemented numerous projects catering to all income categories. Special emphasis has been placed on housing for economically weaker households, including targeted schemes for families living in informal settlements. Slum rehabilitation initiatives were introduced to provide safer, permanent housing with improved living conditions, thereby enhancing social inclusion and urban dignity. In addition to ownership-based housing, the authority has also developed rental housing projects. These include rental units for the general public as well as exclusive rental housing schemes for government employees, aimed at supporting workforce mobility and reducing commuting burdens. Beyond individual residential units, the authority has undertaken the development of integrated neighborhoods. These projects are designed as self-sufficient communities and include essential infrastructure such as roads, drainage systems, schools, parks, open spaces, and other civic facilities. Sites reserved for public and commercial purposes within these layouts are allocated through transparent digital auction processes to ensure fairness and optimal land use. To address aging housing stock and improve urban land efficiency, the authority is actively pursuing redevelopment of older residential colonies. These redevelopment initiatives are being implemented through collaborative models involving private sector participation and joint ventures, allowing for modernization while sharing financial and operational responsibilities. Furthermore, the governing legislation established in the 1960s is currently undergoing revision. The aim of this update is to align housing policies and development mechanisms with contemporary urban needs, sustainability standards, and modern governance practices, ensuring that the housing authority remains responsive to future challenges. 

Demand growth in the domestic cement market is expected to moderate to around 5 per cent in the current financial year, compared to an estimated 6.5–7.5 per cent growth in the previous fiscal. The outlook reflects a gradual normalization of demand after a period of strong expansion. According to the annual report of one of the country’s leading cement producers, capacity expansion is being undertaken in a phased and calibrated manner. This approach is aimed at aligning new capacity with project pipelines and region-specific demand, while ensuring timely absorption of output and efficient use of capital. The company expects cement demand across India to grow by approximately 5 percent in FY 2026–27, driven mainly by continued demand from the housing and infrastructure segments. This follows robust growth of 6.5–7.5 percent recorded in FY 2025–26, supported by strong construction activity. Industry demand is expected to remain resilient, benefiting from urban housing developments, rural infrastructure initiatives, and ongoing investments in roads, railways, and other large-scale infrastructure projects. These sectors are likely to provide a steady base for cement consumption despite the moderation in overall growth rates. The cement sector has also seen significant consolidation in recent years, with a relatively new major player expanding rapidly through acquisitions of multiple cement companies across different regions. This inorganic growth strategy has helped strengthen market presence and expand production capacity nationwide. At the same time, the Indian cement industry continues to be highly competitive, with the market led by a dominant player that has a consolidated production capacity exceeding 200 million tonnes per annum. Capacity additions, pricing discipline, and regional demand dynamics are expected to play a crucial role in shaping industry performance in the coming years.

Owning a home is one of life’s most significant milestones, and a government-backed housing loan scheme aims to support individuals in achieving this goal. The scheme provides housing loans through cooperative banking institutions across the state, making credit more accessible to people in rural and semi-urban areas.

This loan facility is designed to assist individuals who wish to build a new house, extend an existing home, or carry out essential repairs. By offering organized financial support, the scheme helps people turn their housing plans into reality without relying on informal sources of credit.

What the Loan Covers

The housing loan addresses three major housing needs:

1. New House Construction
Applicants who own a plot of land and plan to construct a residential house can use the loan to cover construction-related expenses.

2. House Extension
The loan can be used to expand an existing house, such as adding additional rooms or improving living space to meet family needs.

3. House Repair
Funds may also be used for structural or general repairs required to keep a house safe, functional, and habitable.

Loan Amount and Interest Rate

• The maximum loan amount available under the scheme is Rs 10,00,000.
• The interest rate is 12% per annum, which may be revised periodically by the lending institution.
• The loan amount must be used strictly for housing-related purposes, including construction, extension, or repair.

Eligibility and Accessibility

There are no age limits or community-based restrictions specified under this scheme. Any resident of the state who meets the basic requirements and intends to use the loan for housing purposes can apply.

Cooperative bank loans have long played a vital role in supporting rural and semi-urban communities by offering structured and reliable financial assistance. This scheme continues that tradition by providing a relatively high loan limit along with a simple, document-light application process, making it easier for applicants who may find it challenging to access commercial bank financing.

Overall, the housing loan scheme serves as an important step toward promoting home ownership and improving housing conditions across the state.

The cost of building a home is set to rise sharply as prices of key construction materials have increased by over twenty-three percent, industry sources said. As a result, a house currently priced at one crore could become nearly ten percent more expensive in the coming months, they warned. The surge in material costs has been attributed to a combination of global and local factors. Rising fuel prices, higher costs of explosives used in quarrying, and disruptions linked to geopolitical tensions in West Asia have pushed up input expenses. In addition, the shutdown of several unauthorized quarries has led to an acute shortage of raw materials, placing further strain on supply chains. Experts noted that price increases have been recorded across a wide range of construction inputs. These include ready-mix concrete, manufactured sand, processed sand, aggregates, and materials used for road construction. Ready-mix concrete prices have risen by three hundred to five hundred per cubic meter, depending on the grade. Commonly used grades such as M20, M25, and M30 have seen increases of at least five hundred per cubic meter. Construction aggregates have also gone up by around three hundred to five hundred. While the industry has broadly supported government action to curb illegal mining, developers said the sudden enforcement measures have significantly reduced material availability. This has created serious pressure on construction timelines and procurement systems, they added. Industry representatives pointed out that the housing sector was already facing challenges due to international developments affecting fuel and logistics costs. The recent supply disruptions have compounded these issues, making cost escalation unavoidable. They cautioned that if the situation persists, developers may have little choice but to pass on the higher costs to homebuyers. Activists, meanwhile, stressed the need for authorities to remain firm against illegal mining despite the supply crunch. They argued that stricter regulation is essential for long-term sustainability and suggested that construction materials sourced legally within the state should be prioritized for local use to stabilize supply and control prices.

The Commercial Taxes and Registration Department has issued clear directions to ensure that every land survey number across the state is assigned an official market guideline value by the end of June. This initiative is aimed at improving transparency, bringing uniformity in land valuation, and strengthening the property registration system.

The directive was issued during a high-level performance review meeting of senior registration department officials, conducted at a historic district registrar’s office that has been functioning for over a century. The meeting reviewed the functioning of registration offices across the state and assessed progress in service delivery, efficiency, and public satisfaction.

During the review, strong emphasis was placed on enhancing citizen-friendly services. Officials were instructed to maintain a polite and respectful approach while dealing with members of the public and to ensure that adequate seating and basic comfort facilities are provided in all registration offices. Clear and timely explanations must be given to applicants regarding registration procedures, document requirements, and processing timelines so that confusion and repeated visits are avoided.

To improve efficiency, officials were directed to return registered documents to applicants on the same day, wherever possible, and to strictly avoid unnecessary delays. Any actions or practices that could lead to public dissatisfaction or complaints were advised to be eliminated through better coordination and accountability.

Special attention was also drawn to the scrutiny of documents submitted for registration, including those related to building approvals and development permissions. Such documents must be examined promptly and returned without delay after verification, ensuring that applicants are not burdened by prolonged waiting periods.

Overall, the department stressed the need for speed, transparency, accountability, and public convenience in all registration-related activities, reinforcing the goal of making land and property transactions smoother, more reliable, and accessible to citizens across the state.

A new online facility was launched on Sunday to make document registration simpler and more accessible. According to an official release, the system allows individuals to register eligible documents digitally at any time and from any location, eliminating the need to visit a registration office in person. Under this facility, users can complete the entire registration process online by creating a personal login account on the official registration website and uploading the required documents. After submission, the documents are examined and approved by the concerned registering authority. Once approved, the registered document is digitally signed and delivered directly to the user’s online account. In addition, a copy of the registered document is also shared with the user through a messaging service linked to the registered mobile number. All parties involved in the transaction can access and download the registered document through their respective user accounts. The guidelines specify that the facility currently supports selected categories of documents, including first sale deeds for plots, first sale deeds for apartments or flats, sale documents related to housing board properties, and mortgage and receipt documents connected to bank loans. The initiative is intended to reduce physical visits, save time, and improve convenience by offering a fully digital, round-the-clock document registration process.