1.1 About
City Improvement Trust (CIT)
Industrialization gave rise to urbanization and led to migration from rural to urban centres for employment, better living and education. Consequently, acute shortage of housing was felt in Chennai. To tackle the growing demand, CIT was formed in the year 1947, which become instant success, as it was the only respite for the people to avail budget home in various sizes & prices.
TNHB BORN – SHELTER TO SHELTERLESS
To meet the growing demand of housing across Tamil Nadu, scope of CIT was enlarged by forming TNHB by virtue of Tamil Nadu Housing Board Act, 1961. TNHB is committed to take up environmentally sustainable projects in strict adherence to environmental laws and deployment of eco-friendly technology. TNHB shares a glorious history in the Housing sector. In the last seven decades, it has provided housing stocks to nearly 4.40 lakh families, of which 1.32 lakh are for Economically Weaker Sections. Despite many ups and down in housing sector, TNHB has been resilient owing to its adaptive nature. Plots developed, flats and houses constructed are allotted to the general public under First come First Served basis in a very transparent manner.
Inclusive development & growth
To achieve inclusive growth, projects are formulated for various categories of people viz. Economically Weaker Sections (EWS), Low Income Group (LIG), Middle Income Group (MIG) and Higher Income Group (HIG).
Iconic Projects
Various iconic projects have been implemented by TNHB, which includes Arignar Anna Nagar, Kalaignar Karunanidhi Nagar, Ashok Nagar, Besant Nagar, JJ Nagar in Chennai, to name a few. TNHB has developed similar landmark projects in Tier II cities such as Madurai, Coimbatore, Trichy etc. besides Small and Medium Towns.
Public Purpose Sites
TNHB has the unique capability of developing self-contained neighbourhood schemes, unlike private developer. As a part of neighbourhood schemes, public purpose sites are also developed. While residential units are disposed of through First come First Served basis by following social rotation, public purpose sites are e-auctioned.
