Wonderla Holidays is waiting for final approval from the Department of Town & Country Planning to commence its project near Chennai for which it had made investments to the tune of Rs 109 crore till March. The company received approval for the project and the Tamil Nadu government allowed an exemption from 10 per cent Local Body Tax on ticket revenue for a period of five years from the date of commencement of commercial operations.
Wonderla Holidays is India's biggest amusement park, from the V-guard Group of companies, this is the second park from this group. The company also engaged in the business of Resort.
