π Tender Overview
Scope : To Develop IT park on Malayambakkam site in Tamil Nadu.
In a major boost to the software industry in Tamil Nadu, the state government is planning to develop IT park on site along the eastern side of the Outer Ring Road (ORR) in Chennai.
The Chennai Metropolitan Development Authority (CMDA) has issued enter upon permission for Malayambakkam site.
The site was allotted after conducting a land valuation for the entire ORR stretch. 5.33 acres on the Malayambakkam stretch, valued at Rs 3 crore per acre, has been allocated for the IT park.