Claiming that the demand for sustainable housing was likely to increase in the coming years, Tamil Nadu Chief Minister M K Stalin on Friday called for innovative urban development plans to meet the increasing requirement. He said efforts were on to prepare master plans for 136 cities, including Coimbatore, Madurai, Hosur, Salem, Tiruppur, Tiruchirappalli, Vellore and Tirunelveli. For the city, the Chennai Metropolitan Development Authority (CMDA) was developing the third master plan for Chennai Metropolitan Area (CMA) focussing on sustainable urban development, he said, while inaugurating the 17th edition of FAIRPRO 2025, a real estate exhibition being organised by the Confederation of Real Estate Developers' Associations (CREDAI). The exhibition features over 500 projects spanning 32.5 million square feet of residental space, 0.25 million sqft of commerical space, and 325 acres of plotted development in Chennai. Chef Minister said housing and urban development, which includes real estate and infrastructure development, was an important sector that ensures the economic growth of the state. Tamil Nadu is highly urbanished with nearly 48 percent of its population living in urban areas. Nine satellite townships will be formed around Chennai city namely Minjur, Tiruvallur, Tirumazhisai, Mamallapuram, Chengalpattu,Kanchipuram, Maraimalainagar, Thirupperumbudur, and Paranthur. e CMA, modern transport terminals will be opened next year at Chengalpattu and Mamallapuram. The Chennai Shoreline Renourishment and Revitalisation Private Limited, to develop the coastline and lakes, has evolved plans for Rs 250 crore to develop 12 lakes and 4 coastal areas. CREDAI to facilitate the development of industrial parks and office spaces in Chennai and other parts of the state.
 

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