Nov 10 2025
The industrial development corporation has sought administrative approval from the district collector to acquire 1,945.19 acres of patta and government lands spread across six villages in a taluk for the proposed Global City project. The proposal aligns with the state government's 2025 budget announcement for developing a 2,000-acre Global City near a major metropolitan area, featuring IT parks, trade zones, residential areas, recreational spaces, and advanced urban infrastructure. Phase I of the project is expected to commence soon, with the corporation assuring enhanced connectivity to the city through metro rail, improved road networks, and express bus services.In its proposal, the corporation has pledged to fund land acquisition and establishment costs, form specialized teams to manage the acquisition process, and ensure rehabilitation and resettlement for eligible individuals in line with government norms. “Administrative clearance will enable the corporation to begin the project’s groundwork,” said a senior official. The Global City will incorporate AI-powered smart city management, digital twin-based urban planning, intelligent mobility systems, and eco-friendly blue-green infrastructure to promote sustainability.After evaluating potential sites in several nearby districts, a review chaired by the Chief Minister on August 22 selected the taluk for implementation. The corporation has earmarked 1,945.19 acres across several villages in the region. The identified lands include wetland, dry land, manavari land, and government land. The corporation has sought approval under the state's Acquisition of Land for Industrial Purposes Act to proceed with the acquisition.
https://www.livehomes.in/news_letter
Nov 08 2025
The industrial development corporation has sought administrative approval from the district collector to acquire 1,945.19 acres of both patta and government land across six villages in a selected taluk for the proposed Global City project. This proposal follows the state government's 2025 Budget announcement to establish a 2,000-acre Global City near a major metropolitan area, featuring IT parks, trade zones, residential areas, recreational facilities, and next-generation urban infrastructure.In its submission, the corporation has pledged to fund land acquisition and establishment expenses, form dedicated teams for the acquisition process, and carry out rehabilitation and resettlement of eligible persons in line with government norms. Administrative sanction from the government will enable the corporation to begin groundwork for the project. The Global City is envisioned to integrate AI-driven smart city management systems, digital twin-based urban simulations, smart mobility solutions, and green-blue infrastructure to promote sustainability.Following a review, which evaluated potential sites in various districts, one taluk was chosen for the development. The corporation has earmarked 1,945.19 acres spanning several villages in the region. The identified land includes wetland, dry land, manavari land, and government land. The corporation has sought approval under the state's Acquisition of Land for Industrial Purposes Act to proceed with the process.
https://www.livehomes.in/news_letter
Nov 07 2025
The cement company has reported a consolidated net profit of ?80.63 crore for the quarter ending September 30, 2025, marking a significant recovery from the ?30.80 crore loss recorded during the same quarter of the previous fiscal year. The company's total income for Q2 FY26 stood at ?1,554.44 crore, reflecting a 24.91% increase from ?1,244.44 crore in Q2 FY25.As part of its green initiatives, the company is upgrading its cement plant to boost its Total Specific Recycle (TSR) from 4% to 16%. The company has also commissioned a new grinding unit with a capacity of 13.5 lakh tonnes per annum and completed the expansion of its cement mills. As a result, its total cement production capacity has increased from 16.5 million tonnes per annum (MTPA) to 18 MTPA.Additionally, the company is expanding its clinker capacity at one of its integrated cement plants by adding a new clinker line of 2.3 MTPA, along with four new grinding units of 4.6 MTPA. The company is also establishing three split-location cement grinding units in different states, with a combined capacity of 3.4 MTPA. The total cost of this expansion project is expected to be ?3,000 crore, funded through ?2,100 crore in term loans and the balance from internal accruals. The first phase, including the clinkerization and grinding unit, is scheduled to be commissioned by March 2027, with the remaining capacity to be completed by March 2028.
https://www.livehomes.in/news_letter
Nov 05 2025
The High Court has directed a religious institution in a suburban area to stop using its private land as a burial ground. The court also ordered the institution to remove the bodies buried there and rebury them in the officially designated cemetery within 12 weeks. The directive was issued following a petition filed by a local real estate firm that had objected to the burials being conducted on land owned by the institution, located next to its apartment project.
According to the petition, the local municipal corporation had granted a burial ground license to the institution, allegedly violating zoning regulations and legal procedures. The court agreed with the petitioner, observing that the license had been issued “in undue haste” and “in violation of statutory procedure.” It pointed out that the license was approved without collecting the prescribed fee and before the relevant government rules had been sanctioned. The court also noted that the official who granted the license was involved in the rule-making process and should have waited for the government’s approval before acting.
The court further held that the burial ground violated local development and building rules, which permit only one burial facility within a subdivision. It also ruled that the developer had the right to challenge the burial ground, as it directly impacted the value and viability of the apartment project. The court gave the institution 12 weeks to exhume and rebury the bodies. If the institution fails to comply, the local authorities are directed to carry out the task at the institution's expense.
https://www.livehomes.in/news_letter
Nov 03 2025
A major stormwater diversion project is being implemented by the Highways Department near the Elcot area to ensure that Perumbakkam and nearby localities off OMR remain flood-free this monsoon. The work, estimated at ?42 crore, aims to significantly improve the area’s flood resilience. According to V. E. Mathiyalagan, standing committee chairman for the Sholinganallur zone, a 1.7 km twin-cell culvert is being built to channel rainwater from the Perumbakkam marsh into the Buckingham Canal. “Earlier, a low-level bridge often caused flooding along Semmozhi Salai and in Perumbakkam during heavy rains. The Highways Department has now demolished that structure and begun constructing a high-level bridge. The work is progressing at a brisk pace,” he said. Perumbakkam’s entire drainage network flows into the adjoining Pallikaranai marshland. The Perumbakkam Main Road, which connects OMR and Medavakkam, cuts across this marsh, and officials said that stormwater drains along this stretch are currently being desilted. Meanwhile, the Water Resources Department is widening the Okkiyam Maduvu channel at a cost of ?27 crore. Although the waterway still has patches of hyacinth near KCG College of Technology, officials noted that CMRL is constructing two high-level bridges across Okkiyam Maduvu with a 205 m expanded waterway and an additional 1.5 m of vertical clearance to improve flow. Commuters, including K. Sathish Kumar from Radial Road, have urged the Highways Department to speed up completion of the macro stormwater drain linkage from Okkiyam Maduvu to the sea via Bethel Nagar to ensure smoother drainage during heavy rainfall.
https://www.livehomes.in/news_letter
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