Tag: Tamil Nadu Industrial Development Corporation

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Tidco Builds Model Homes for Parandur Airport Resettlement

CHENNAI: The Tamil Nadu Industrial Development Corporation Limited (Tidco) has developed model houses for families from 13 villages in Kancheepuram district, as part of the resettlement strategy for the proposed greenfield airport in Parandur. Tidco MD Sandeep Nanduri stated, “We have created model homes of the same size (400 sqft) but with different designs near the primary health centre in Parandur. Villagers are encouraged to visit and select their preferred design.” An audio-visual presentation detailing available amenities such as schools and hospitals in the townships will be played in the houses, alongside information regarding relief packages for families relinquishing their…

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Tidco seeks TN government’s approval for Global City project

CHENNAI: The Tamil Nadu Industrial Development Corporation (Tidco) has requested administrative approval from the Chengalpet district collector to acquire 1,945.19 acres of both patta and government land from six villages in Maduranthakam taluk for the upcoming global city project, according to Tidco’s managing director, Sandeep Nanduri. This initiative aligns with the state government’s announcement in the 2025 budget regarding the development of a 2,000-acre global city near Chennai, which will feature IT parks, trade zones, residential complexes, leisure areas, and advanced infrastructure. The first phase is anticipated to commence soon, with Tidco assuring efficient connectivity to Chennai via metro rail,…

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Tamil Nadu: Half the land acquired for Parandur airport

CHENNAI: The Parandur airport project has advanced significantly as the state government has acquired 1,100 acres across 17 villages in Kancheepuram district, distributing ₹680 crore to the landowners. A total of 1,075 sale deeds were signed in the past four months during camps organized by revenue district officers and land acquisition officers. Official sources noted that local villagers willingly offered their land, satisfied with the compensation provided. “Those who registered their land to the government received immediate compensation via bank transfer,” the source mentioned. Compensation varies from ₹35 lakh to ₹1.1 crore per acre, depending on land guideline value, in…