Tamil Nadu Housing Board Offers Affordable Commercial Hubs
CHENNAI: The Tamil Nadu Housing Board (TNHB) is positioning its new commercial complexes throughout Chennai as affordable hubs, providing space at rates of ₹88–118/sqft, which is nearly 20% cheaper than private rentals. The first occupants include agencies such as the Employee’s Provident Fund Organisation (EPFO) and GST. TNHB has already sold its complexes in Chintamani and Anna Nagar to government bodies, including the TN Real Estate Regulatory Authority. Additionally, seven new complexes have emerged in prime areas such as Ashoka Colony in KK Nagar, Mogappair, CIT Nagar, Arumbakkam, Ashok Nagar, Peters Colony, and Besant Nagar. With metro connectivity and central…