Tidel Park Limited, backed by the Tamil Nadu government, has partnered with Trichy Corporation to develop a major IT and ITES hub in Panjapur, Trichy. A special purpose vehicle, Tidel Park Trichy Limited, has been formed to oversee the INR 462.5 crore project. The corporation leased 14.1 acres near the KKBT junction for 45 years in exchange for equity worth INR 23.7 crore, while Tidel Park holds a 74.4% stake. Construction has begun, with 10% of pile work completed. Funded through equity and institutional loans, the project aims to create a modern tech campus, boosting Trichy's IT ecosystem, employment potential, and regional economic diversification.Read more

Trichy City Corporation is facing a INR 121 crore revenue deficit this fiscal year, largely due to vacant or incomplete commercial complexes at Singarathope, Devadhanam, and Palakkarai. These facilities were meant to generate rental income and reduce reliance on taxes but have failed to attract tenants. The Singarathope complex has been empty for over a year, while Palakkarai remains unfinished. Officials admit to lacking a structured leasing or marketing strategy. With these assets idle, the city struggles to fund civic services. Experts warn that in mid-sized cities, public infrastructure must compete with private players, making proactive planning and tenant engagement crucial.Read more

Trichy Corporation has announced a 5% waiver on current property tax dues for the financial year 2025-2026 if paid by April 30, with a maximum incentive limit of INR 5,000. The scheme, enabled under Section 84(1) of the Tamil Nadu Urban Local Bodies Act, 1998, aims to boost timely tax collection from the city's 2.4 lakh property assessments. The civic body generates INR 137 crore annually, but struggles with INR 50 crore in arrears. Officials hope to replicate last year's 32% increase in early collections, allowing focus on recovering long-standing dues. Timely payment is strongly encouraged to avail the incentive.Read more

With the financial year-end approaching, Trichy Corporation has intensified arrears recovery, targeting commercial properties with overdue taxes exceeding three years. As of March 2, tax collections reached INR 137.3 crore, with strict measures like shutting underground drainage (UGD) facilities boosting recoveries. Meerut and Hyderabad municipal bodies have adopted similar tactics, including sealing properties and issuing auction warrants. Meanwhile, Delhi introduced tax waivers to encourage payments. Trichy's survey of 5,400 properties added INR 10 crore in revenue, and UPI payments have simplified collections. These strategies aim to enhance tax efficiency and civic resource management across municipalities.Read more

Trichy Corporation has collected INR 111 crore in property tax for FY 2024-25, marking a significant improvement from previous years. A survey of 5,400 properties added INR 10 crore in revenue by correcting tax assessment errors. With the Central Finance Commission's new funding formula linking allocations to tax collection, officials have intensified efforts, achieving 60% of the INR 188.1 crore target by January 30. While solid waste charges reached 60% collection, water charges lag at 34%. The corporation plans a special drive to boost water bill payments, aiming for financial stability and improved civic services before the fiscal year ends.Read more

The Trichy metro project, estimated at INR 10,917 crore, is facing delays as the Chennai Metro Rail Limited (CMRL) has yet to commence work on the detailed project report (DPR). Despite the completion of a detailed feasibility report (DFR) in August 2023 confirming the project's viability, the state government has prioritized metro projects in Chennai, Coimbatore, and Madurai. The proposed metro network includes two corridors spanning 45 km, aiming to alleviate congestion and boost economic growth. However, funding challenges and lack of government focus have stalled progress, requiring strong advocacy and financial planning to advance the project.Read more

Tidel Park Limited, a joint venture between Tamil Nadu Industrial Development Corporation (TIDCO) and Electronic Corporation of Tamil Nadu (ELCOT), has made a payment of INR 12.8 crore to the Trichy corporation to begin the preliminary construction work for its upcoming park in Panjapur. This payment will facilitate the relocation of two underground drainage (UGD) pipelines passing through the site. With construction for phase I set to begin by the end of January, the park is expected to provide 5.5 lakh square feet IT office space and create over 5,000 jobs.Read more

Trichy Corporation is set to expand its jurisdiction by merging 22 village panchayats from four different panchayat unions, mainly in the northern and western regions. The expansion comes after a preliminary study in 2021 and the finalisation of the plan by the state government. While some urbanised panchayats will be fully merged, others, like Navalpattu and Kumbakudi, will undergo partial mergers. Concerns have emerged regarding the impact on residents, particularly those in rural panchayats who fear an increase in taxes and loss of government benefits. However, urban panchayats welcome the changes, seeing potential improvements in infrastructure.Read more

The Trichy district administration is inviting qualified professionals such as civil engineers and architects to seek temporary recognition for expediting the plan approval process for residential and commercial constructions in rural areas. The initiative aligns with the Tamil Nadu government's online service for plan approvals, allowing eligible professionals to play a vital role in the issuance of building plans. The call is open to architects, engineers, structural engineers, construction engineers, quality auditors, town planners, and developers. Applications can be submitted through email or in person, and the deadline is November 24. The recognition granted is temporary, subject to the collector's approval.Read more

TIDEL Park Limited, a joint venture in Tamil Nadu, is fast-tracking the construction of a mega IT and ITES office space in Trichy, aiming to replicate the success of its Chennai counterpart. A consulting firm will be selected within a month to provide design and project management consultancy for the ambitious project, which will consist of two phases of premium office space near an integrated bus terminus. The project, supported by a significant government investment, is set to commence construction by March 2024 and is expected to address the growing demand for office spaces in the region.Read more

In a bid to counter monsoon waterlogging, Trichy's Corporation Council proposes filling vacant sites and low-lying areas with construction debris. Mayor Mu Anbalagan called on councillors to identify such plots in their wards, with a focus on eco-friendly waste material utilisation. Initiatives also include accelerated desilting of major drains and timely road work completion under the Tamil Nadu Urban Road Infrastructure Fund (TURIF) before monsoon onset. The Council's integrated approach aims for a safer rainy season for residents.Read more

Chief Minister M K Stalin inaugurates the Periyar Memorial Samathuvapuram, a housing project aimed at promoting inclusivity and providing improved living conditions for marginalized communities. The Samathuvapuram consists of 100 refurbished houses and repaired infrastructure, benefiting individuals from various social categories. The project faced delays due to legal issues but has now been completed with the government's financial support. This initiative reflects the government's commitment to social equality and unity, following the vision of Periyar.Read more