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- W2795212600 abstract "In Chennai there are constraints on the availability of unused land within the city limits, coupled with fast growing demand for built spaces and sky rocketing prices. On the other hand, that there are thousands of aging buildings which are dilapidated and under used blighted urban areas which have reached a stage where it is not possible to carry out structural repairs and rehabilitation as the same are not economically viable. Therefore, redevelopment has become a necessity as in time these areas become more dangerous and unfit for habitation. One such potential project is the Integrated Redevelopment of Foreshore Estate, where a large land parcel available for re-development, right on the shoreline. Foreshore Estate is an ideal location from where one could easily reach the most sought-after locations like Adyar(which is a large residential neighborhood in south Chennai with very high property values), Besant Nagar, R A Puram, Alwarpet and Mylapore(it is a cultural hub and neighborhood in the southern art of the city of Chennai .it is also known for its tree-lined avenue), MRC Nagar ( it is a commercial hub of the city which also include residential areas), as well as the best of the hotels in the city, besides critical facilities like the airport, sea port and railway station within 10 to 30 minutes. The idea is to develop a mix of high-end residential units, a fair amount of commercial space and also allot sufficient space for development of low-cost housing units, as the re-settlement of earlier tenements also has to be addressed. Tamilnadu Slum Clearance Board (TNSCB) and Tamilnadu Housing Board (TNHB) together hold 51.01 acres of land (23.5 and 27.51 acres respectively) in Srinivasapuram and Foreshore Estate area, facing the Marina Beach. Projected as the “Integrated Development in Foreshore Estate” the scheme envisions malls, luxury hotels and high-end residential complexes for private parties and senior Government officials and resettling the 3576 slums and 2000 housing board tenements." @default.
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- W2795212600 date "2018-10-03" @default.
- W2795212600 modified "2023-09-23" @default.
- W2795212600 title "Integrated Redevelopment of Foreshore Estate and Srinivasapuram" @default.
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