Tamil Nadu housing and urban development secretary S Krishnan on Monday said the state would buy 6,000 new buses including electric vehicles for public transportation including in Chennai.
Krishnan said the government was focusing on improving public transportation. Citing the ongoing work of metro rail, he said, "We have an agreement with KFW, the German agency, to buy 6,000 new buses including electric vehicles." He stressed on the need for promoting public transportation.
Krishnan was addressing a gathering on the occasion of the annual conference of Tamil Nadu Real Estate Consultants Association.
On the Tamil Nadu Combined Development and Building Rules, 2019, which was released on Monday, Krishnan said the new rules have been drafted after looking at various reports regarding development across the globe. The new rules were focusing on densification of the available space for development, he said.
Meanwhile, a report titled 'Chennai: From Resilience to Growth' released on the occasion said western and southern pockets of the city were expected to witness boom in the Chennai real estate market. While Pallavaram-Thoraipakkam corridor in the south is likely to emerge as a preferred destination in the backdrop of IT sector expansion, the report said the western pockets will be driven by demand for residential real estate due to the growth in the automobile sector.