visimoney
TLDR:
- Tamil Nadu Industrial Development Corporation Limited (TIDCO) is holding an e-auction for two adjacent land parcels in Fintech City, Nandambakkam, Chennai.
- The auction is open to BFSI and Fintech companies, GCCs, and real estate developers and the land is proposed for development related to BFSI/Fintech companies.
The Tamil Nadu Industrial Development Corporation Limited (TIDCO) has announced that it will be conducting an e-auction for developed vacant plots in Fintech City, located in Nandambakkam, Chennai. The auction will be for two adjacent land parcels totalling 3 acres, and is open to BFSI and Fintech companies, GCCs, and real estate developers. The land is proposed to be used for development related to BFSI/Fintech companies. Fintech City spans 111.4 acres and is a strategic investment of ₹12,000 crore, aiming to create 150,000 jobs. The city offers a mix of residential, commercial, and hospitality developments, including a convention and hotel complex and a central park. The development aims to create a hub of modern infrastructure and possibilities in the fintech industry.
