Chennai’s second master plan round the corner

The much-awaited Chennai’s second master plan is about to be unveiled. Having crossed all the hurdles, the plan, overdue more than a decade, is awaiting the chief minister’s nod, expected to come through before this week-end or month-end.

Both the builders and developers in the city have been awaiting the second master plan, which had to face several legal hassles, before it could get the final touches. The first master plan for the city, which came into being in 1975, expired in 1995.

“All issues have been sorted out, except the one on ‘low income group housing’, which we have taken up with the government. We expect the second master plan to be released anytime from now,” Prakash Challa, president, Credai Tamil Nadu chapter told Financial Chronicle.

According to him, the draft of the second master plan had insisted that private developers to set aside 10 per cent of the area for ‘low income group housing’ for developments involving one acre of land and more.

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