
In a bid to restart and redefine the realty market in Tamil Nadu, the Tamil Nadu chapter of the Confederation of Real Estate Developers’ Associations of India (CREDAI) has released detailed master plans for 135 cities and towns in the state.
The proposals, most of them stuck in cities for decades, are due to become the key master plans for building houses to meet housing deficits, controlling population expansion, and directing green urban growth.
. “These aren’t mere administrative formalities—they are foundational roadmaps for inclusive and future-ready cities,” said W.S. Habib, the newly elected president of CREDAI Tamil Nadu and Chairman and Managing Director of Ramky Wavoo Developers (RWD), at a press briefing on Wednesday.
Under Habib’s leadership, CREDAI Tamil Nadu has rolled out an ambitious roadmap focusing on three pillars: regulatory reform, regional expansion, and attracting global investment. The vision forms part of a broader strategy aligned with the state’s goal of becoming a $1 trillion economy by 2030.
Habib emphasised the vital role of real estate beyond construction. This industry sustains the creation of jobs, enhances infrastructure, and strengthens economic stability,” he added. He urged structural reforms to promote the development process, citing as a particular advocacy the digitisation and streamlining of approval processes, which he termed as a key to pushing investor confidence and shortening project timelines.
The vision of CREDAI for 2025–2027 also encompasses attempts to decentralise growth and take real estate development to Tier-2 and Tier-3 cities of Tamil Nadu. This regional thrust is aimed at achieving balanced urbanisation and easing the burden of Chennai and other big cities.
With master plans for 135 places in the pipeline, CREDAI Tamil Nadu is emerging as a major enabler of national and state economic objectives. The organization hopes to create sustainable, effective, and investment-promoting urban ecosystems that will be able to attract both domestic stakeholders as well as global investors looking for long-term growth prospects in India.
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