TN Offers Up to Rs 2.57 Cr/Acre for Parandur Airport Land

01 Jul 2025 CW Team

To accelerate land acquisition for the Rs 20,000 crore Parandur greenfield airport near Chennai, the Tamil Nadu government has fixed land compensation rates ranging from Rs 35 lakh to Rs 2.57 crore per acre. These rates significantly exceed the guideline values in Kancheepuram and Sriperumbudur taluks, with a flat rate offered for 1,960.63 acres.

The move, sanctioned by a Government Order from Secretary V Arun Roy, includes 275% of the negotiable guideline value and a 25% incentive. It aims to fast-track acquisition and reduce resistance from landowners protesting the project.

For lands with higher demands or values, the Kancheepuram District Collector has been authorised to negotiate separately. For unwilling owners, the Tamil Nadu Acquisition of Land for Industrial Purposes Act, 1997, will apply, with compensation adjusted for structures, trees, and solatium.

The state aims to acquire 3,331.25 acres for the airport, which will serve as Chennai’s second international hub and a major infrastructure boost for the region.

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