The Tamil Nadu government under AIADMK has begun construction work for its first Tidel Park at Pattabiram near Avadi and is expected to be completed by 2022.
The first phase of the project has an estimated cost of ₹235 crore and comprises of ground plus 21 floors with 5.57 lakh sq.ft. floor space.
Taamesek Engineering Consortium was the engineering consultant selected through the tender process under the Engineering-Procurument-Construction mode.
Minister Ma Foi K. Pandiarajan who is also the MLA of Avadi constituency said that work began month ago when the state government announced relaxation for the real estate sector.
The Pattabiram Tidel Park would be the first integrated project on the northern side of the city.
Currently most of the software parks and companies are located along the Old Mahabalipuram Road, the southern part of the city. The traffic congestion has been a consistent problem for residents and those commuting along this road.
The Tidel Park at Pattabiram would help in reducing the commuting distance for office goers who otherwise have to travel to the other end thereby resulting in easing of traffic congestion in OMR which will also help in enhancing the productivity and profitability for companies.
The Minister was quoted saying in The Hindu that close to 5,000 software professionals from this region were taking buses to various IT belts.