Tamil Nadu's hill areas are poised for significant real estate development, with the state government planning to expand boundaries and introduce new regulations. This move aims to bring prosperity and modern amenities to these regions while ensuring sustainable growth.
Real EstateHill AreasDevelopmentTamil NaduHacaReal EstateApr 08, 2025
The Hill Areas Conservation Act (HACA) is a legislation introduced in Tamil Nadu to protect and conserve the fragile hill ecosystems. It aims to ensure sustainable development in hill areas while preserving the environment.
The boundaries of HACA areas in Tamil Nadu are being expanded to allow for more real estate development. This move is intended to bring better infrastructure and facilities to the hill areas while promoting economic growth.
Local communities in the hill areas will benefit from better infrastructure, including improved roads, schools, and healthcare facilities. This will enhance the quality of life for residents and create new economic opportunities.
To address environmental concerns, the government has proposed the creation of green zones, mandatory afforestation, and the implementation of eco-friendly construction practices. Developers will be required to adhere to these guidelines.
The expansion of HACA areas is expected to boost tourism in Tamil Nadu's hill regions. With better infrastructure and facilities, these areas will become more attractive to visitors, leading to increased economic activity and job creation.
B-Right Realty, a prominent player in the real estate market, has recently appointed Nishikant Shimpi as CEO and Anand Chirania as CFO to lead the company's expanding portfolio of residential and commercial projects, particularly in the Slum Rehabilitatio
Commercial real estate foreclosures experienced a significant spike in September, marking a 48% increase year-over-year. The data, provided by ATTOM, highlights growing financial stress in the commercial real estate sector.
Film director Siddharth Jena was duped of ₹1.50 crore by 10 persons promising profitable returns from investing in land and flats in Goa.
Hyderabad: Vishnu Rupani's body found in a highly decomposed state; police suspect kidnapping and murder over a financial dispute.
The Karnataka Budget 2025 focuses on infrastructure development and affordable housing but falls short in addressing key concerns like assured ownership and property rights for homebuyers.
Navigo, a 3D visualization tool, is transforming the way homebuyers experience and interact with properties, leading to increased sales and reduced cancellations.