Realtors body The Confederation of Real Estate Developers’ Associations of India Chennai chapter on Tuesday said a second airport for the State capital would boost the aviation and real estate sectors.
Chennai is all set to get its second airport at Parandur near here at an estimated outlay of Rs 20,000 crore which would be able to handle 10 crore passengers annually, Chief Minister M K Stalin had said earlier in the day.
The airport would have two runways, terminal buildings, taxiways, cargo terminal, he said in an official release.
In a statement, CREDAI Chennai while welcoming the decision to set up the airport at Parandur said the second airport for Chennai would give a big push to the aviation sector.