New Parandur Airport

The Tamil Nadu government invoked the Tamil Nadu Acquisition of Land for Industrial Purposes Act, 1997 through a Government Order dated 25 June 2025. Of the 5,183 acres required, 3,774.1 acres is patta land currently being acquired from private owners. Once a survey number in any of the 13 notified villages is included in an acquisition order, the owner cannot execute a valid registered sale at the Kancheepuram SRO; any such transaction is legally challengeable. As of September 2025, 566 acres had been registered and Rs 400 crore in compensation disbursed to 441 landowners across 12 villages. Active protests in Ekanapuram, Nagapattur, and Podavur crossed 1,000 days and continue to slow overall acquisition.

The table below shows the primary acquisition villages and status as of late 2025:

Brokers across Kancheepuram and Thakkolam market DTCP-approved plots as "near the airport" without confirming whether the survey number sits inside or outside the acquisition boundary. Demand the survey number, cross-check it against the acquisition notification under the 1997 Act, and verify the DTCP approval number is genuine before proceeding. The compensation rate is 3.5 times the market guideline value for Kancheepuram and Sriperumbudur taluks; despite that premium, unresolved legal challenges mean any land near the acquisition boundary carries timeline risk that no broker pitch acknowledges. The project's environmental footprint adds another layer: 12 lakes, over 20 ponds, and two canals connected to the Palar and Coocum rivers fall within the project area; plots adjacent to these water bodies need additional due diligence beyond DTCP approval alone.

The 13 acquisition villages are not investable; patta land inside those boundaries is being compulsorily taken. The real estate signal from this airport plays out along the Chennai-Bangalore highway corridor and the proposed metro alignment from Poonamallee toward the airport. Not every point on that corridor carries equal risk or reward.

The table below shows the key micro-markets outside the acquisition zone with the realistic land signal for each:

The proposed Chennai Metro extension from Poonamallee to Parandur Airport covers 43.63 km with 20 elevated stations. Phase 1 (Poonamallee to Sunguvarchatram, 27.9 km) carries a project estimate of Rs 15,906 crore; it remains at the planning stage with no civil work commenced. Plots near Sunguvarchatram are being priced as "metro-terminus-adjacent" before any contract is awarded. Thakkolam is the most proximate genuinely purchasable corridor outside the acquisition zone, sitting on the road connecting Walajabad to the airport site; DTCP approval number verification is non-negotiable before any purchase there. Sriperumbudur and Oragadam serve industrial demand, not airport proximity; pricing those markets on Phase 4's 2046 completion is a category error.