CHENNAI: The 62-km Outer Ring Road (ORR) project completed last year may soon turn into a new housing and commercial hub as CBRE, a global commercial real estate and investment services firm, has submitted a feasibility report to the Tamil Nadu Urban Infrastructure Financial Services Limited for commercial development of 50m strip along the entire 62-km stretch of the road. We are awaiting government’s nod for the proposal, an official told TNIE.
