FICCI Realty Summit Highlights Tamil Nadu’s Planned Infrastructure Growth
Chennai: FICCI’s flagship Real Estate Infrastructure Summit (REIS) opened on a strong note in Chennai on Thursday, spotlighting Tamil Nadu’s well‑planned infrastructure expansion and the state’s rising prominence in the realty sector. The summit was organised in partnership with CREDAI and ANAROCK, with Casagrand and G Square as sponsors, under the theme ‘Building Tamil Nadu 2030’.
The day-long event focused on the state’s rapid real estate and infrastructure developments, underscoring the importance of structured planning to meet future urban needs.
Metro Rail Expansion Key to Urban Growth
Speaking at the valedictory session, Shiv Das Meena, Chairman, Tamil Nadu Real Estate Regulatory Authority (TNRERA), stressed that all planning must be aligned with societal needs and emerging opportunities. Citing the growing demand for Chennai Metro Rail, he said the completion of Phase II would significantly enhance commuter convenience and meet the city’s real mobility requirements.
He urged real estate developers to work collaboratively with all stakeholders and adhere strictly to regulatory frameworks to ensure sustainable and responsible development.
Meena highlighted Tamil Nadu’s robust economic performance, noting that the state’s GDP growth stands at 11.19%, well above the national average of 6.5%. “Many positives are happening in Tamil Nadu due to the proactive policies of the state government,” he said, adding that the real estate sector is poised for 20% growth in 2025.
However, he cautioned against recurring monsoon flooding and emphasised the urgent need for improved stormwater drains, water harvesting systems, and better planning with support from regulatory bodies like RERA.
TN Positioned for Strong Infrastructure Leap by 2030
A. Mohamed Ali, President, CREDAI Chennai, said Tamil Nadu continues to lead in multiple development fronts and is on track to emerge as a major infrastructure powerhouse by 2030. He recalled the engineering marvel of the ancient Kallanai dam to highlight the state’s long-standing legacy of planned development.
With 113 master plans and a vision to accommodate 60% of the population in urban areas, he said Tamil Nadu must develop 40 cities by 2047, similar to China’s urban expansion model.
Projecting the state’s economic trajectory, he said Tamil Nadu could become a $1 trillion economy by 2030 and a $4 trillion economy by 2047, driven by large-scale investments in integrated infrastructure, manufacturing zones, electronics, and emerging industries.
He added that by 2030, Tamil Nadu could become a global model for clean energy, while the real estate sector can deliver planned, sustainable cities with advanced waste management, stormwater systems, and AI-driven urban planning.
Industry Leaders Applaud Collaborative Efforts
Bhupesh Nagarajan, Co-chairman, FICCI Tamil Nadu State Council, praised the collective efforts behind the summit and acknowledged Shiv Das Meena’s role in facilitating major investments, including the VinFast EV assembly plant in Thoothukudi. He also appreciated the contributions of CREDAI, ANAROCK, Casagrand, and G Square in making the summit a success.
FICCI–ANAROCK Report Highlights Market Momentum
The event also saw the release of the FICCI–ANAROCK report titled ‘Real Estate & Infrastructure Driving Growth in Tamil Nadu’. The report notes that Chennai’s real estate landscape is closely aligned with the state’s broader economic momentum, with the residential market thriving on strong end-user demand.
“This healthy housing market reflects unwavering developer confidence and strong buyer participation,” said Anuj Puri, Chairman, ANAROCK Group. “Tamil Nadu is gearing up on all fronts to contribute significantly to India’s vision of becoming a trillion-dollar economy by 2030.”
