Nagercoil Corporation begins construction of ₹12.05 crore market complex and Mudalvar Padaippagam projects
The new market complex is being constructed at Vadasery, adjacent to the existing vegetable market. It is coming up on a site of 47,000 sq ft, with a total built-up area of 25,000 sq ft. The complex is planned with ground floor and two additional floors at a cost of ₹8.95 crore under the CGF and maintenance fund 2025-2026.
A total of 100 shops have been proposed for the ground floor, while the first floor will feature a parking facility with a capacity of 155 two-wheelers and 30 four wheelers.
Meanwhile, 'Mudalvar Padaippagam' in Krishnancoil is being constructed on an outlay of ₹3.10 crore. The facility will have features including a reading hall, learning centre, cafeteria and other amenities.
Mayor R. Mahesh told The Hindu that the construction of the new market complex aimed to provide permanent locations for vendors of the existing market. 'After relocating the vendors from the existing market, the space will be developed as a new bus terminal with a commercial complex, and a Detailed Project Report of ₹55 crore has been submitted for the project,' he said.
The Mayor further added that vendors who were paying proper rent would be prioritised for the new complex and in case of space shortage they would be relocated to other suitable areas in the corporation limits.
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