Tamil Nadu is making significant strides in real estate development and infrastructure to enhance social inclusiveness. Industry leaders, including Mr. Shiv Das Meena, IAS (Retd.), Chairperson of the Tamil Nadu Real Estate Regulatory Authority, share insi
Tamil NaduReal EstateInfrastructureSocial InclusivenessTneraReal EstateFeb 21, 2025

The Tamil Nadu Real Estate Regulatory Authority (TNERA) plays a crucial role in ensuring transparency and accountability in the real estate sector. It mandates the registration of real estate projects, ensures timely delivery, and provides a grievance redressal mechanism for homebuyers and investors.
Some of the key infrastructure projects in Tamil Nadu include the Chennai Metro Rail Project, which aims to improve public transport, and various road and public service enhancements to connect urban and rural areas.
Tamil Nadu has launched several initiatives to improve healthcare, such as the Chief Minister's Comprehensive Health Insurance Scheme (CMCHIS), and educational programs, including the introduction of digital classrooms and online learning platforms.
The Amma Canteens program is a government initiative in Tamil Nadu designed to provide affordable and nutritious meals to the underprivileged sections of society, ensuring that they have access to basic amenities.
Tamil Nadu is attracting significant investments due to its improved infrastructure, which includes better roads, public transport, and social amenities. These improvements have made the state an attractive destination for businesses, leading to job creation and economic growth.

The real estate sector is hoping for a boost from the new government, with fine-tuning of RERA, industry status, and a relook at GST on under-construction homes topping the agenda.

The Ministry of Statistics & Programme Implementation (MoSPI) recently organized a brainstorming session to improve response to surveys from high-income groups and gated societies.

Senior lawyer and former Rajya Sabha MP Mahesh Jethmalani has strongly criticized the indictment against the Adani Group in the United States, stating that there is no allegation of bribery in India and the case is speculative and lacks evidence.

Analysts are optimistic about the future performance of HUDCO, Anant Raj, and other key stocks in the real estate and manufacturing sectors. The target price for HUDCO is set at Rs 900 to Rs 950 per share, expected to be achieved within the next 12-18 mon

Vishal Garg, the founder and CEO of Better.com, has announced the shutdown of the company's real estate unit, leading to significant layoffs. This decision comes amidst a challenging period for the mortgage industry.

The Mumbai real estate market is entering a phase of stability, a positive sign for developers, investors, and homebuyers alike. According to Prashant Sharma, President of NAREDCO Maharashtra, the market is showing promising signs of recovery and growth.