Saturday, 18 July, 2026
Grounded: Parandur Airport Scrapped, Freezing Western Chennai Real Estate
By TechShots Studio
The newly formed Tamil Nadu government has officially cancelled the ₹27,000-crore Parandur Greenfield Airport project due to severe wetland and farmland concerns. This definitive reversal, following years of intense local protests, has sent shockwaves through the western Chennai real estate corridor. The prolonged uncertainty and ultimate cancellation have completely cooled down land transactions, freezing speculative investments in Kancheepuram and surrounding areas.
Read full story at THE HINDU