Tamil Nadu Realtors Seek Higher FSI, Faster Approvals and Infra Push from New TVK Government

Tamil Nadu’s real estate sector has presented a strong wishlist to the newly elected Tamilaga Vettri Kazhagam (TVK) government led by actor-turned-politician C. Joseph Vijay, calling for faster approvals, higher Floor Space Index (FSI), improved infrastructure and long-pending urban development reforms.

Developers and industry stakeholders believe the new administration has a major opportunity to position Chennai and other emerging cities in Tamil Nadu as globally competitive urban and investment destinations. Real estate players have stressed that delays in approvals, rising infrastructure charges and outdated planning norms continue to impact project execution and housing affordability.

One of the key demands from the sector is an increase in FSI limits across infrastructure-ready corridors, especially around Metro Rail routes and arterial roads. Developers argue that higher FSI can help optimise land usage, improve project viability and support vertical urban growth in Chennai, where land availability within city limits is becoming increasingly limited.

Industry leaders have also requested the government to fast-track major infrastructure projects including the proposed Parandur greenfield airport, expansion of public transport systems and stronger road connectivity in suburban growth corridors. According to stakeholders, improved infrastructure is essential to support the next phase of residential, commercial and industrial expansion across the State.

Real estate developers have further highlighted the need for faster environmental and fire safety clearances, digitisation of land records and stricter action against unauthorised layouts. They noted that prolonged approval timelines increase project costs, which eventually impact homebuyers and investors.

Apart from Chennai, cities such as Coimbatore, Hosur and Madurai are also witnessing growing real estate activity driven by manufacturing, IT, warehousing and healthcare investments. Industry representatives believe these cities require better airport connectivity, transit infrastructure and planned urban expansion to sustain long-term growth.

Stakeholders also pointed out that Tamil Nadu’s real estate sector supports over 250 allied industries including cement, steel, logistics, electricals and financial services, making it one of the State’s largest employment-generating sectors.