• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Chennai, Nov. 26 The Tamil Nadu Government will consider hoteliers’ demand for relaxing floor space index (FSI) to enable the existing hotels to add more rooms in the same premises, announced the Minister for Tourism, Mr Suresh Rajan.

He spoke at the symposium on Strategies for the growth of hospitality industry and tourism in Tamil Nadu, organised here by the South Indian Hotels and Restaurants Association. The State Government would establish a university for music, a sculpture park in Mamallapuram at Rs 10 crore. And, to encourage investors to start heritage hotels by converting heritage buildings into good hotels, the Government has announced an incentive of 10 per cent of the total cost, subject to a maximum of Rs 1 crore, will be provided to entrepreneurs who venture into this arena, he said.

According to him, it has also provided a “huge budget allocation” to develop lesser known tourist destinations such as Yelagiri and Chinna Suruli. To make tourists stay in the State for a longer period, attractions such as night safari, butterfly park, helicopter tourism and cruise tourism have also been planned.

More Stories on : Hotels | Policy | Tamil Nadu | Real Estate & Construction

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Glitnir ties up with LNJ Bhilwara for geothermal plants

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line