Latest Answer: Well the original ‘Semmozhi Poonga’ was planned with a land transfer of 45.25 acres. Seeing what little progress that one made, the corporation decided to take a portion of that land and turn it into a sports complex complete with swimming pool and a stadium. The funds allocated for this is Rs 3.85 crores. There is going to be enough scope for development too. I think this will help in the capital appreciation of nearby real estate. What do you guys think?
