Chennai-based property developer True Value Homes (TVH) is all set to launch its next signature project–TVH Titanium City, a 100 acre township at Manivakkam at suburban Tambaram. HIREF-HDFC International Realty Fund was investing Rs 100 crore in the project. The township will be developed in four phases, with the first phase set to have 25 acres of plotted development. The next three phases will see the launch of row Houses, villas, apartments and commercial developments.The project is being developed in association with HDFC Property Fund. Speaking at the launch media conference, True Value Homes Owner Ravichandran said ”TVH Titanium City Township is visualized and planned to give the best facilities and a holistic quality of life to its customers”. Set along the Manivakkam Lake, there will be no shortage of water either. The Adyar canal also runs parallel to the project site. According to TVH Real Estate, the location will favour investors as well, as it is currently an important junction of the city.Other locations equidistant to the GST road, such as Tambaram, Guduvancheri, Vandalur and Oragadam are priced 50-100% higher. Oragadam industrial belt which currently has over 1 Lakh people working, is set to grow to about half a million in the next 5 years, which will increase the need for quality housing rapidly. TVH Chennai expects the city to expand into this region, which would get a good return for buyers on their investment.