HomeUrban NewsChennaiCMDA to e-Auction Land Along Chennai Outer Ring Road, Driving Economic Growth...

CMDA to e-Auction Land Along Chennai Outer Ring Road, Driving Economic Growth and Urbanisation

CMDA to e-Auction Land Along Chennai Outer Ring Road, Driving Economic Growth and Urbanisation

The Chennai Metropolitan Development Authority (CMDA) is set to e-auction plots along the Outer Ring Road (CORR) in January, kickstarting key urban development projects that will turn the area into a thriving economic zone.

The Chennai Metropolitan Development Authority (CMDA) has announced an e-auction of plots along the Outer Ring Road (CORR) in January 2024. This initiative is part of a broader plan to develop the 62-kilometre corridor into a bustling economic and urban zone, connecting key areas like Minjur, Red Hills, Poonamallee, and Vandalur. The Outer Ring Road, which stretches from Minjur in the north to Vandalur in the south, was originally included in Chennai’s first master plan but has remained largely underdeveloped. However, CMDA is now working to unlock its full economic potential, with nearly 80% of the work on the master plan already completed. The plan aims to create a vibrant corridor that supports residential, commercial, and industrial development, along with key infrastructural upgrades.

The upcoming e-auction will focus on select land parcels located between Poonamallee and Vandalur, spanning 20 kilometres. These areas are expected to undergo significant transformation with the construction of premium housing, industrial zones, warehousing, hotels, and even urban forests. CMDA is also addressing key infrastructure challenges in the region, including a comprehensive flood drainage plan. With an anticipated 80% increase in population in the coming years, the authority is taking proactive measures to manage runoff and mitigate flood risks through flood vulnerability mapping and water body studies.

The development plan for each region along the CORR is tailored to its unique potential. Poonamallee, for example, is set to become a major business district and multi-modal connectivity hub, thanks to its strategic location near the Bengaluru highway and metro connectivity. Vandalur will evolve into a cosmopolitan hub, while Minjur is poised to become an industrial and multi-modal hub, with port-based development. Red Hills will be developed as an eco-sensitive zone with urban forests, ensuring a balance between growth and environmental sustainability.

Industry experts, including Ajit Chordia, chairman of the Indian Green Building Council, have noted that development along the CORR will not only drive urbanisation but also encourage private landowners to contribute to the area’s growth. This concentrated release of land will stimulate investment, creating new opportunities for housing, industry, and infrastructure development. Residents of surrounding areas, like Pattabiram, have also expressed optimism about the potential impact of the project. T. Sadagopan, a local resident, suggested extending the proposed metro line from Koyambedu to Avadi to reach Nemilichery on CORR, which would connect Minjur and Vandalur. This extension would improve accessibility and link several industrial estates, boosting connectivity and business opportunities across the region. The e-auctioning of land along the Outer Ring Road represents a critical step in transforming Chennai into a smart, sustainable city. The development of the CORR as an economic corridor is set to play a key role in the city’s future growth, offering a range of opportunities for investors, businesses, and residents alike.

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