New financial city to come up at Sholinganallur near Chennai

The booming IT corridor’s Sholinganallur neighbourhood is where the financial metropolis near Chennai, which is thought to be State deputy CM M K Stalin’s dream project, is most likely to be built ( Old Mahabalipuram road).

After the recent boom in investment in the automotive, information technology, and healthcare industries, this project is anticipated to be Chennai’s next growth engine.

The State-owned Tidco was designated as a nodal agency after Stalin made the suggestion known during the most recent Budget session. In the village of Sholinganallur-Perumbakkam, it had designated roughly 180 acres (now in the government’s hands) for the establishment of the city.

Stalin visited and inspected the site. He was accompanied by Industries secretary, M F Farooqui, Tidco Chairperson and MD, Anita Praveen and Kanchipuram collector, Santhosh K Mishra.

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