Making a suo motu statement in the Assembly, Chief Minister J Jayalalithaa said the township would be created some 15 kms away from Madurai along Madurai-Tirunelveli highway near the airport.
The township would be created over 586.86 acre presently owned by Tamil Nadu Housing Board in Thoppur-Uchappatti, she said.
The township would have 19,500 plots to be developed at a cost of Rs 120 crore with basic amenities like drinking water, roads, drainage system, street light, rain water harvesting facilities and parks.
The township would be complete with schools, commercial complexes, police station, post office, primary health centre, fire station and upgraded industrial houses funded by Tamil Nadu Housing Board, she added.
The Chief Minister also announced that 1,500 flats would be built at Sholinganallur here, using 'pre fab technology' at a cost of Rs 612 crore.
The 10-storeyed building would have separate sections for low, middle and higher income groups.
"With the using of this new technology (pre fab technology) being followed in Delhi, Mumbai, Bangalore and Hyderabad, the construction time frame be reduced up to 25 per cent and expenditure between 10 and 15 per cent," she added.
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