CHENNAI: Tamil Nadu Housing Board has rejected the plea from Coast Guard to waive land cost while selling 40 flats in Foreshore Estate here to the agency.
TNHB sources said TNHB has proposed to construct 1,271 Tamil Nadu government Servant Rental Housing Scheme Flats and 810 Self finance Scheme Flats. “We plan to construct the TNGHRS flats by utilizing the profit to be earned from selling 810 flats to public under self-finance scheme,” the sources said. “As per the request of Coast Guard, if the flats are sold without land cost, the proposal for 1,271 TNGRHS flats will not be viable,” the sources added.
TNHB sources said the scheme would be implemented after getting concurrence from the Coast Guard for the payment of cost of flats as decided by the board.
The Coast Guard’s plan to construct flats for its sailors in 4.47 acres of TN Housing Board land at Padi has been hit due to legal wrangle over 1.7 acre of land. Sources said that now the Coast Guard will have to be content with constructing 212 flats in 2.77 acres of land instead of 356 flats in 4.47 acres.