Tag: CMDA

CommercialLatest Stories

Tamil Nadu to Launch Special Vehicle for Co-Working Space

CHENNAI: With the planned expansion of co-working spaces throughout the city as part of the chief minister’s project, the state government has established a special purpose vehicle (SPV) and a private company led by a CEO to oversee these spaces. The SPV will operate independently from the government to facilitate the day-to-day management of the co-working facilities. Participants in the meeting—including officials from CMDA, special projects, and the urban development department—indicated that the chief minister aims for all 30 proposed centers to function seamlessly, regardless of changes in government or departmental leadership. Currently, the only co-working center in Kolathur is…

InfrastructureLatest Stories

Chennai’s Third Master Plan Promises City Growth and Height

Representative image created by AI CHENNAI: Residents can soon expect improved proximity to workplaces, more housing choices, and enhanced civic infrastructure. The Chennai Metropolitan Development Authority (CMDA) is developing its third master plan, which will propose increased Floor Space Index (FSI) in key areas, mixed-use developments, and gradual upgrades to support compact, vertical city growth. The upcoming master plan aims to reshape Chennai’s skyline by boosting FSI in strategically identified zones such as metro corridors, entertainment hubs, commercial centers, and industrial zones to encourage vertical development. “We need to optimize urban space. Strategically increasing FSI near metro stations, shopping malls,…