News > Tamil Nadu govt terminates lease agreement, to take over Madras Race Club land

Tamil Nadu govt terminates lease agreement, to take over Madras Race Club land

With rent arrears of Rs 730.86 crore and beset with allegations of illegal construction, the Madras Race Club (MRC) at Guindy, has been left stunned by the surprising and sudden move by the Revenue Department to take possession of the sprawling property. Trainers and jockeys were asked to move out and nearly 500 horses were locked inside the stables when the authorities sealed the MRC announcing to take possession of the 160 acres of land.