"With the use of this technology, a 24-storeyed building can be constructed in 24 months. Since the building components are made in factories, the building will look impressive," Jayalalithaa said.
In addition, another 4,454 housing units, including
1,630 individual houses, 2,792 flats and 32 upgraded houses
would be developed in Chennai, Kancheepuram, Coimbatore,
Erode, Krishnagiri, Salem, Virudhunagar, Dindigul and
Tiruchirapalli districts at a cost of Rs 918.45 crore under
the self-financing scheme, she said.
Of this, 844 multi-storeyed flats would be built at a cost of Rs 371 crore in Chennai and seven surrounding localities.
In Coimbatore district, a total of 344 multi-storeyed flats would be built at a cost of Rs 50.16 crore.
The construction of 4,454 units would be taken up this year and completed within 24 months.
Jayalalithaa also said that her government has decided to demolish old and weak flats and houses built by the Tamil Nadu Housing Board and replace them with new ones.
In the first phase, 3,500 flats would be demolished in Chennai and other districts and the new ones would be built in 2013-14 at a cost of Rs 280 crore, she said.