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Mysuru: Shortage of materials hits construction industry | Mysuru News

MYSURU: The city is hit by the scarcity of construction materials and it is affecting the real estate sector which is already reeling under a crisis due to the pandemic. Consequently, the prices have jumped too, pushing the budget of families planning on constructing homes. The shortage has triggered a surge in prices and has affected several government projects as well. Constructions materials like M-sand and gravel are supplied to the city from Srirangapatna, Pandavapura and Nagamangala in Mandya district. Quarries in Mandya district supply around 6,000 to 7,000 tonnes of M -Sand and 2,000 tonnes of gravel to Mysuru city alone, while the quarries in Gundlupet and Huliyurdurga are able to supply about 2,000 tonnes of M-sand against and 500 tonnes of gravel.

Tamil Nadu s model town scheme to take land pooling route | Coimbatore News

Aerial view of Chennai CHENNAI: With the DMK government looking at future satellite towns as integrated growth centres, the state is likely to explore land pooling scheme, which involves property owners as stakeholders instead of outright acquisition. The move will facilitate returning a portion of the developed properties in new satellite towns to the stakeholders. Model towns have been planned on 800 acres of Agaramthen village near Tambaram in Chennai’s southern suburbs. The government plans to establish model satellite towns at Coimbatore, Trichy and Tirunelveli as well. While Agaramthen could become the first project to be taken up under the land pooling scheme, the draft rules for the land pooling policy have not yet been notified though they were released last year.

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