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GCCis experiencing increasing cash flow constraints, with its overall deficit reaching Rs 1,970 crore in the 2025-26 financial year. This fiscal gap is driven by civic infrastructure expansion and maintenance commitments, potentially affecting the pace of development projects and the provision of essential services.
The Chennai Metropolitan Development Authority (CMDA) is contemplating the cancellation of several infrastructure projects, including the Global Sports City plan, due to outstanding liabilities of approximately ₹3,500 crore. This financial strain could impact future urban development and the delivery of planned amenities.
A recent study, 'The State of Indian Streets 2026,' ranked Chennai fourth among major Indian cities for the quality and continuity of its footpaths. The study, which used AI to assess pedestrian infrastructure, found that only 13.9% of Chennai's roads have continuous, walkable footpaths.
The Greater Chennai Corporation has commenced work to upgrade 94 road junctions across the city. This initiative aims to alleviate traffic congestion and improve urban mobility for commuters. The upgrades are expected to result in smoother traffic flow and reduced travel times.
Central authorities have granted approval for the Chennai Airport to Kilambakkam metro rail project, a significant expansion of the city's rapid transit network. Chennai Metro Rail Limited (CMRL) will be the implementing agency for this corridor, linking the international airport with the southern suburbs.

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With 30 years of experience, KG Builders is a well-known real estate developer based in Chennai. Mr. Kishorekumar Gokaldas is the Chairman while Haresh Kishor and Gayithri Punjabi-Mirza are the Directors of the company. Since its inception, this ISO certified company is engaged in constructing residential, commercial and hospitality projects. So far, KG Builders construction has successfully constructed more than 140 projects. Currently, a total built up area of more than 8 million sq. ft. is under construction while, 10 million sq. ft. of land spaces is under planning stage.
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (Regulation & Development) Act, 2016.