Tamil Nadu - Chennai   

LIC building turns 50

Chennai: The Life Insurance Corporation of India (LIC) building will begin its 50th year on Saturday. In a release here, the LIC thanked its customers.

Conceived by M.Ct.M. Chidambaram Chettiyar in 1952 as the head office of United India Life Assurance and New Guardian Life Insurance, the construction commenced in 1953.

It was inaugurated on August 23, 1959, by the late Morarji Desai, who was then the Union Finance Minister. The 14-storeyed building has a floor area of 1.26 lakh sq. feet, the release said.

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