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Lee Kim Tah to develop township in Chennai

Saturday, 08 May 2004
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Lee Kim Tah Holdings of Singapore is planning to develop 120 acre mega integrated township within the Siruesri IT park in Chennai. In September 2003, the company has signed MoU with the government of Tamil Nadu for developing the township within the park.

The total land cost is estimated at Rs.15.30 crore of which the company has already paid Rs.8 crore and has taken holding of 62 acre of land.

Representatives from the Singapore consotrium led by the company have presented a master plan of the proposed township, which was developed by the Singapore Housing Development Board (SHDB).

The integrated township would comprise housing and commercial complexes, retail malls, schools, community halls and hospitals. The township would be developed in phases with a total of 6,000 dwelling units including 15-20 blocks with each block having 300-350 dwelling units.

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