TIDCO extends deadline to select consultant for Chennai's second airport

02 May 2019 CW Staff

For building the second airport in Chennai, the Tamil Industrial Development Corporation (TIDCO) has extended its deadline up to June for consultants to submit their bids for assisting the state agency in building the proposed airport.

TIDCO in its advertisement seeking for consultant stated that the order was for a techno-economic feasibility study for the project, identification of sites for development of new greenfield airport near Chennai, and for preparing a detailed project report. That said, the consultant is also expected to assist TIDCO in obtaining statutory clearances and selection of a developer for the project.

Earlier, the bid was decided to be closed by April 1. However, the last date has now been extended to June. Reports suggest that the decision of extending the deadline has come on account of internal reasons considering the size of the project.

Reportedly, many infrastructure developers have showed interest in the proposed airport in Chennai. As per the Request for Proposal document, which was given out by the TIDCO in February this year, Chennai is the fourth busiest airport in the country, and making a second airport will be a strong business case for the southern metropolis.

Tamil Nadu boasts four international airports – Chennai, Coimbatore, Trichy and Madurai, and two domestic airports in Salem and Thoothukudi. According to the RFP document from TIDCO, Chennai airport has handled 20.36 million passengers in 2017-18, which constituted 6.7 per cent share in India’s total aircraft movement in 2017-18. Also, it has recorded a 16.3 per cent growth in terms of freight handling in 2017-18.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..