The Hindu·4 min read·medium

CREDAI conference discusses real estate sector’s role in Tamil Nadu’s ambition to become $1.5 trillion economy

T
The Hindu Bureau
CREDAI conference discusses real estate sector’s role in Tamil Nadu’s ambition to become $1.5 trillion economy
✦AI Summary

The CREDAI STATECON 2026 conference in Chennai focused on the real estate sector's role in helping Tamil Nadu reach a $1.5 trillion economy by 2036. Discussions centered on regulatory simplification, financing, and the integration of AI and robotics in construction.

Why it matters

The conference highlights the strategic importance of urban development and infrastructure investment in India's regional economic growth.

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Simplifying regulatory approvals, improving access to finance, and adopting artificial intelligence and robotics in construction were discussed at the fifth edition of CREDAI Tamil Nadu’s STATECON 2026, which began in Chennai on Sunday.

This years’ theme was ‘Tamil Nadu 2036 – Building the Next Decade Towards a $1.5 Trillion Economy’. The two-day conference focused on the real estate sector’s role in Tamil Nadu’s ambition to become a $1.5 trillion economy by 2036.

The inaugural session was attended by Minister for Minorities Welfare A.M. Shahjahan, SBI Chennai Circle Chief General Manager Vivekanand Choubey and CREDAI National President-elect G. Ram Reddy, who jointly released a report by Jones Lang LaSalle (JLL), a global commercial real estate and property consultancy.

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