First of all the scenario should be understood by the common man. Housing, residential very much in shortage. demand is in 500%. since the politicians are corrupted, black money was invested in the housing, real estate,sez's etc., I will quote a small example. To start with Tamil Nadu. Tamil Nadu OMR-IT Projects, Banglore road Poonamalee- sripermbaddur SIPCOT & Industrial Zone, Now 3rd Industrial Zone at Tiruvallore & Redhills. None of the area Residential Housing was not promoted by the State Housing Board nor the private Builders. lacs of employees every day going from the city by company busses to work in these Zones. Adding salt to the injury IT Minister Dayanidi Maran wooing all Industries to bring to those zones and established. Now Homes are in shortage. 700000 homes are shortage in Chennai due to the new work force came from other states & other than Chennai. Once upon a time TNHB is one of the competitor for the private builders & the prices are in control. Since black money came into the housing lands to make white, 270 square yards are openly quoating at 40 million ruppee which is higher than the LONDON rates. As per Income Tax statics that many rich people are not in the books. but free money to & fro but no vigilance. Whereas in Hyderabad More Houses are available not the Industries/IT's. Similarly all over the country imbalanced growth, no balance between the Residentail homes verses Incomming people from various pockets. Housing Boards should be revived and make houses available for the common man.
