InfrastructureAfter close
Land acquisition for Parandur airport accelerates with ₹400 crore paid
after close1 source ↓written by the desknot a recommendation
- already paid
- ₹400 crore
- have been acquired
- 1,000 acres
- across 13 villages
- 5,183 acres
The land acquisition for the Parandur airport in Chennai is progressing rapidly, with ₹400 crore already paid to landowners. Nearly 1,000 acres have been acquired, part of a total requirement of 5,183 acres across 13 villages. This development aims to alleviate congestion at the existing Meenambakkam airport.
The expedited acquisition process may positively impact the infrastructure sector, signaling strong governmental support for major projects.
Not investment advice. For informational purposes only.