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Business News/ Industry / World-class Central Square to come up in Chennai
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World-class Central Square to come up in Chennai

Tamil Nadu govt has alloted Rs400 crore to develop the Central Square

Jayalalithaa also announced new housing schemes for lower and middle income groups. Photo: MintPremium
Jayalalithaa also announced new housing schemes for lower and middle income groups. Photo: Mint

Chennai: Tamil Nadu chief minister J. Jayalalithaa on Tuesday said her government will develop the area around the Chennai Central railway station into a Central Square at a cost of Rs400 crore.

Long distance trains, Mass Rapid Transport System and the under-construction metro rail converge at the congested commercial area, which also houses headquarters of the Corporation of Chennai and the Southern Railway.

“I am happy to announce that the areas around Rippon building, suburban railway terminal, Chennai Central railway station, Victoria Hall, government hospital, MRTS station and others will be developed as a world-class Central Square," Jayalalithaa told the state assembly.

To ensure seamless traffic, the government would set up facilities, including parking lots and pavement for pedestrians with funding from the Chennai Metropolitan Development Authority, she said.

Jayalalithaa also announced new housing schemes for lower and middle income groups besides Group C and D employees of the state government.

Over 5,000 houses will be constructed across the State at an estimated cost of over Rs1700 crore, she said.

(PTI contributed to this copy)

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Published: 15 Sep 2015, 04:54 PM IST
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