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Amusement Parks/ Other Recreation
Deals23 May 2025, 03:37 pm

Wonderla Holidays Ltd Secures 6-Month Extension from Tamil Nadu Government for Chennai Park Commissioning

AI Summary

Wonderla Holidays Ltd has successfully obtained a six-month extension from the Tamil Nadu Government to commission its Chennai Park. The original Government Order, dated 2nd June 2023, set a 24-month construction timeline and a 10-year Local Body Tax (LBT) exemption from the date of commencement of commercial operations, which was initially set to commence within two years from 2nd June 2023. However, due to various circumstances, the company requested an extension, which was granted, and the commercial operation is now expected to commence by 2nd December 2025, with the full 10-year exemption period retained.

Key Highlights

  • Wonderla Holidays Ltd secures a 6-month extension for Chennai Park commissioning
  • The original 24-month construction timeline was set in the Government Order dated 2nd June 2023
  • The company was granted a 6-month extension to commission the project by 2nd December 2025
  • The full 10-year Local Body Tax (LBT) exemption period is retained
  • The commercial operation is expected to commence by 2nd December 2025
WONDERLA
Amusement Parks/ Other Recreation
Wonderla Holidays Ltd

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