\ CMDA plans to shelve projects as it grapples with outstanding liabilities up to ₹3,500 cr. — News Eagle Live

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CMDA plans to shelve projects as it grapples with outstanding liabilities up to ₹3,500 cr.

India Latest News: Top National Headlines Today & Breaking News | The Hindu Jul 8, 2026 · 7:27 PM 👁 0 views ❤ 0 likes

The liabilities are mainly due to the construction work, land acquisition, and the Vada Chennai Valarchi Thittam, which constitutes ₹1,000 crore. A source says that CMDA took up a lot of works without realising the financial burden and cannot take up new works in the present financial position

Read full story at India Latest News: Top National Headlines Today & Breaking News | The Hindu ↗

CMDA plans to shelve projects as it grapples with outstanding liabilities up to ₹3,500 cr.

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