Will TN hit new pay dirt with Chennai’s Outer Ring Road corridor?
CHENNAI: The 62-km Outer Ring Road (ORR) corridor skirting the city will open for large-scale commercial development as the State government on Friday announced its nod for the same along the 50m-wide strip of land abutting it.
The Chennai Metropolitan Development Authority (CMDA), which owns the 50m strip abutting ORR on the eastern side along the entire stretch of about 270 hectares, is preparing a grid of road network plan for all the villages along the corridor. It has proposals to pool the parcels of land that are contiguous to this strip to plan large scale housing, industrial and commercial developments, factoring in the demand and advantage of quick access the road provides.
