"With the use of this technology, a 24-storeyed building canbe constructed in 24 months. Since the building components aremade in factories, the building will look impressive,"Jayalalithaa said.
In addition, another 4,454 housing units, including1,630 individual houses, 2,792 flats and 32 upgraded houseswould be developed in Chennai, Kancheepuram, Coimbatore,Erode, Krishnagiri, Salem, Virudhunagar, Dindigul andTiruchirapalli districts at a cost of Rs 918.45 crore underthe self-financing scheme, she said.
Of this, 844 multi-storeyed flats would be built at a costof Rs 371 crore in Chennai and seven surrounding localities.
In Coimbatore district, a total of 344 multi-storeyed flatswould be built at a cost of Rs 50.16 crore.
The construction of 4,454 units would be taken up this yearand completed within 24 months.
Jayalalithaa also said that her government has decided todemolish old and weak flats and houses built by the Tamil NaduHousing Board and replace them with new ones.
In the first phase, 3,500 flats would be demolished inChennai and other districts and the new ones would be built in2013-14 at a cost of Rs 280 crore, she said.