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Land acquisition issues delay two multi-sector SEZs, firms seek time

The New Indian Express Tiruchy

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September 12, 2025

TWO proposed multi-sector Special Economic Zones (SEZs) in Tamil Nadu have run into trouble as their developer struggles to complete land acquisition, prompting a request for a fourth extension of approval.

- C SHIVAKUMAR @Chennai

NDR Infrastructure Pvt Ltd and Magnus Infrastructure Ltd, both part of the Chennai-based NDR Group, have been granted an additional year to secure land for their 125-acre projects in Ranipet and Tiruvallur districts.

The firms, which received in-principle approvals in June 2021, valid until June 2025, have sought an extension until June 2026. Rising land prices and procedural hurdles have slowed progress, underlining the challenges facing large-scale industrial projects in TN.

FLERE HISTORIER FRA The New Indian Express Tiruchy

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SC rejects creditor's plea against Aakash rights issue

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