The Confederation of Real Estate Developers Associations of India (CREDAI), Coimbatore, will look at a joint representation for the changes that need to be made in the Coimbatore Master Plan released by the Tamil Nadu government recently.
Arvind Kumar S.R., president of CREDAI Coimbatore, told the media on Monday that the Master Plan has multiple elements apart from land use classification. It is a vision document for the next 16 years and has earmarked the areas that will see expansion of Coimbatore International Airport and the Coimbatore Metro Rail project.
On reports that the new plan requires land use reclassification in several areas, he said the CREDAI is studying the possibility of taking it up jointly with all the stakeholders.
On increase in raw material prices, he said the CREDAI and other associations take measures jointly whenever there is a hike in prices. While the demand for housing is more than the residential units available in Coimbatore, he added that the requirement of residential units in each area should be studied and more projects should come up in areas that have higher demand.
Published – August 04, 2025 09:51 pm IST
