CommercialLatest Stories

Tidel Park Project Launching in Panjapur, Trichy

TRICHY: Tidel Park Limited, a state-owned enterprise, has established a special purpose vehicle (SPV) in collaboration with the Trichy corporation to develop office facilities for private IT and ITES firms in Panjapur. The corporation has leased approximately 14.1 acres of land adjacent to Panjapur KKBT to the SPV for a duration of 45 years, with the option for extension. In exchange for the land lease rights, the corporation has been allocated equity stakes worth ₹23.7 crore, with the total land value estimated at ₹47.5 crore. Sources indicate that the overall project cost will be around ₹462.5 crore, which includes the…

IndustryLatest Stories

Notices Sent to 170 Trichy Site Owners for Poor Upkeep

Representative Image TRICHY: The Trichy corporation has initiated a campaign to identify neglected vacant plots in residential areas and locate property owners to issue notices according to the Tamil Nadu Public Health Act of 1939. So far, the local authority has sent out 170 notices, urging property owners to remove overgrown weeds and level their land to prevent water stagnation during the monsoon. Due to a lack of regular maintenance, shrubs often conceal these properties, and neighbors frequently use the abandoned sites as dumping grounds. Residents and large waste generators are also reported to use vacant lots along major roads…

Latest StoriesRegulatory

Trichy Civic Body Increases Water, UGD Fees by Property Size

TRICHY: The Trichy corporation has updated its drinking water charges and underground drainage (UGD) user fees for households, now introducing costs based on the built-up area of residential properties. Monthly fees have risen by Rs20 to Rs40 per connection, causing concerns among residents who worry this might lead to increased monthly rents. Previously, the standard rate for drinking water was Rs180 per month per connection. With new byelaws approved by the Trichy corporation council, starting April 1, households can expect to pay between Rs180 and Rs360 monthly per connection (for up to 16 KL of water), depending on property size.…