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Real Estate Boom
One of my friend was asking if all the things happenning in Coimbatore are:
Hype or Reality?!
My answer to him was Yes and No.
Why I say Yes:
By March 23rd Dr.Kalaignar Karunanidhi is coming to Coimbatore and he is inaugurating the IT Park location.
This is reality.
So, things are happenning. Corporates like HCL, Satyam etc., are buying land left and right in Coimbatore.
This is reality.
Real Estate is booming - this is reality and a hype too. Whoever has money invests into it. Once Coimbatore becomes a developed city, then comes the real return of investment for whatever you might have invested in Coimbatore.
Hype is what people make about more than what it appears in Coimbatore to NRMs. NRMs do not see it first hand. So, whatever happens, NRMs get the news second hand and they have to believe it. At the pessimistic person's suspicious eyes, it looks like it is a hype. Not for everyone. We will see once it happens.
Whatever it is - all said and done -
Definitely something is happenning and
it is a reality for Coimbatore to become a GREAT MADURAI!!!
Monday, March 10, 2008
Reverse Brain Drain to Coimbatore
As you know, I have explained in one of my previous article about NRMs. This word is similar to NRI - Non-Resident Indian.
NRM denotes Non-Resident Coimbatoreite. Isn't that a cool name?
This word includes all the individuals who reside outside coimbatore for various reasons, but track coimbatore happennings, or have relatives in coimbatore, have done schooling or college in coimbatore. OK, from now on I will denote those individuals as NRM, in the rest of the article.
NRMs are keeping track of Coimbatore through the news media and their relatives or friends at Coimbatore.
Seeing the progress and so called "Hype" happenning in Coimbatore, everybody is excited.
All the NRMs are having an idea of coming back to Coimbatore and live in Coimbatore. This is definitely a reverse brain drain for Coimbatore and this is expected to happen in a time frame of 4 to 5 years.
You might have read the previous article, which has a possible collection of things expected to be built in terms of commercial interest and infrastructure improvement. That definitely interests lot of people and NRMs will be definitely interested to come back to MADURAI.
Good for Coimbatore!!
NRM denotes Non-Resident Coimbatoreite. Isn't that a cool name?
This word includes all the individuals who reside outside coimbatore for various reasons, but track coimbatore happennings, or have relatives in coimbatore, have done schooling or college in coimbatore. OK, from now on I will denote those individuals as NRM, in the rest of the article.
NRMs are keeping track of Coimbatore through the news media and their relatives or friends at Coimbatore.
Seeing the progress and so called "Hype" happenning in Coimbatore, everybody is excited.
All the NRMs are having an idea of coming back to Coimbatore and live in Coimbatore. This is definitely a reverse brain drain for Coimbatore and this is expected to happen in a time frame of 4 to 5 years.
You might have read the previous article, which has a possible collection of things expected to be built in terms of commercial interest and infrastructure improvement. That definitely interests lot of people and NRMs will be definitely interested to come back to MADURAI.
Good for Coimbatore!!
Sunday, March 9, 2008
Coimbatore's Future Plans
Is Coimbatore a future metro?
The temple city MADURAI is going to possess the following within next 4-5 years
1. ETL convention center cum shopping mall
Rs.100 crore total investments - with multiplex, hotels & shopping arcades.
2. SIPCOT's 2500 acre SEZ @ Eliyaarpathi , Coimbatore.
Works had been started to acquire land & they are speaking with the local bodies of Eliyarpathi village.
3. RR Industries - 400 acre township - Rudradev IT Township
Total investment of Rs. 4500 crores .
400 acres of land bought at Sholangurini in Coimbatore south region.
Plan released for its first phase of work & it was approved - work to
be started soon. 18,000 residencies and apartments with 1 hospital , 2
multiplexes , 2 big shopping malls etc., The IT Park to be built is
8-storeyed building.
4. ELCOT's 2000-10000 acre industrial city in Coimbatore
5.KSHITJI's shopping mall - At RACE COURSE road , Coimbatore.
160,000 sq.ft.
Hypermarket
Departmental stores
Multiplex theatre
Retail shops
Entertainment malls
Food court
Frontage : 500 feet & No., of floors : G+3
6. Textile park at Coimbatore in 100 acres
Total investment of Rs.35 crores.
7. Hiranandhini constructions - Residential township in Coimbatore.
8. Fortune ITC Welcome group resorts near Coimbatore airport , Coimbatore.
9. CINEMAX multiplex theatre @ Coimbatore outskirts.
10 ADLABS multiplex theatre @ Coimbatore outskirts.
11. PARAMOUNT airlines PILOT training academy to come up at Coimbatore.
12. Pentasoft's Sport theme park complex in new Natham road , Coimbatore.
Maayajaal theme park with multiplex theatre - Investment : Rs.200 Cr
13.Children's science planetarium @ Coimbatore kamaraj university campus
Rs.25 lakhs investment & 25 exhibits .
14. Helicopter service by PAWAN HAANS copter services from Coimbatore :
To : RAMESWARAM, KODAIKANAL in first phase
PALANI,KANYAKUMARI, COIMBATORE in next phase
15. Kamaraj memorial medical college to come up at 150 acres of land.
- within 20 kms from the city.
- admissions will start by 2009 & works will be over within 2 years.
- 300 bedded multi-speciality hospital - Rs.150 crores investment.
- 150 M.B.B.S seats permitted
- Run by : Vadamalayan hospital trust & kamuthi nadars association.
16. Rajaji Govt., hospital extension @ Anna bus stand - plan approved.
- G+6 storey fully air-conditioned building
- Rs.35 crores allotted.
17. Vadapalanji IT SEZ approved - tender will be called soon.
- 257 acres IT Township. opp., to MKU.
18. SAHARA city homes @ Ring road near Avaniyapuram , Coimbatore
- 125 acres project
- 15,000 residencies and apartments with 9 storied mega buildings.
19. Arihant foundation entered Coimbatore.
- Bought 21 acres of land for residential township.
20. Indo-Australian project on solar energy @ MKU Varsity
- Rs.2 crore project
21. Reliance fresh-s started in MADURAI.
- AA Road, Kochadai, Anna nagar
- Bought 11 old cinema theatres of the city to establish its air-conditioned veg/non-veg market.
22. DLF IT park @ Coimbatore- promised.
23. IBM IT park @ Coimbatore- promised.
24. COGNIZANT IT PARK @ Coimbatore - Promised.
Above three Leading IT companies are in talk with the colleges of southern Tamil Nadu to have a tie-up.
25. 1,00,000 sq.feet land for maatuthavani IT park\
- Land identified & approved - waiting for the works to be started.
26. ARVIND Eye hospitals @ Coimbatore plans an Ophthalmic university.
27. CONCOR-SR @ Koodal nagar , Coimbatore.
28. Rajparis-padmam apartments
-on vaigai north bank road near Arappalayam bus-stand.
29 . Warehousing complex to come @ 5 acres in koodal nagar.
30 . 2 private IT parks bought land in Coimbatore.
1- Chennai based CEEDEEYES , a housing & financing company,
2-Dubai based ETA star property developments LLC.,
31. Passport office at Coimbatore from NOV.2007 near Anna bus-stand.
32. Auto ancillary & accessory industry on ring road near avaniyapuram ,
33. Old Thangam theatre - Now to turn soon into GV studio city.
GV ltd., bought the thangam theatre to establish its 2nd studio city in tamilnadu next to chennai , here in Coimbatore.
It will have :
� MULTIPLEX theatres
� 2 three star hotels
� Shopping arcade
� CHENNAI SILKS
� HOTEL SARAVANA BHAVAN.
34. YMCA International center @ MADURAI - Total investment - Rs.3 crores.
35. AITKER SPENCE HOTELS
- 80 Room Garden resort to come up at Coimbatore near Coimbatore airport.
36. Infosys IT park @ Coimbatore soon - promised.
37. 28.93 acres of land allotted for TIDEL park @ Kochadai , Coimbatore.
38. GLOMAC BHD
-Vietnam's township & residential apartments in ring road near chinthamani , Avaniyapuram.
39. TANKER
- Kidney dialysis hospital @ Madakulam , MADURAI soon.
40. KHIVRAJ TECH PARK in ring road , Coimbatore near airport.
41. Comprehensive blood & cancer center in Coimbatore .
- By Apollo hospitals , Coimbatore & BASKERSFIELD , California.
42. World class HIV/AIDS care center to come up in Coimbatore.
43. Indoor skating opened @ vandiyoor.
- Island lake @ park planned @ Rs.10 crore expenses.
44. METCALFE - 125 acre residential project in Coimbatore.
45. DAYS INN star hotel under construction in Coimbatore.
46. Agri-export zone for flowers in Coimbatore.
47. HCL Infosystems digital lifestyle store to open in Coimbatore.
48. Diamler chrysler pondering - authorized service station for BENZ
- a new dealership in Coimbatore.
49. Rs.120 crores AIIMS Hospital planned at thoppur , Coimbatore.
50. ZOOLOGICAL PARK planned @ Coimbatore by corporation ,
- Plan sent for approval, near alagar kovil.
-- Scroll down to see the infrastructure developments--
INFRASTRUCTURE DEVOLEPMENTS
Airways:
New Integrated terminal building at Coimbatore airport @ Rs.150 crores.
It will have :
� 17,536 sq.feet.
� 5 Escalators
� 7 Lifts
� Modern scanning facility
� CCTV's
� 2 Aero-bridges
� Glass exteriors.
Runway expansion :
1. Runway extended from 6000 ft to 7500 ft.
works are going to extend it further to 9000 sq.ft. After that , works for extending it to 12,500 sq.ft will be taken.
2. Parking bay is increased from 3 to 6. A new parking bay is under construction.
3. Another fuel filling station sanctioned @ Coimbatore airport by RELIANCE.
- GREEN sign & first step to make it as international airport
4. Indian , SRILANKAN airlines, Malaysian airlines keen to connect Coimbatore to gulf countries , south-east Asian countries , silence, European & African countries. These airlines like operation from Coimbatore rather than Trichy.
5. INDIAN plans a package tour of connecting historic places i.e., Coimbatore-Jammutawi via chennai.
6. Nearly 2 kms of ring road near chinna odaippu will be demolished for the expansion of Coimbatore airport. The road will be diverted from CIRAC hospital to Kusavakundu & to valayankulam.
Roadways
4 Laning of Coimbatore bye-pass road with 2 ROB'S
- 1 near palnganatham @ Rs.30 cr.,
- Another near thiruparankundram @ Rs.30 cr.,
- Both will be constructed in clover leaf model with 6 arms each.
- All roads branching out of Coimbatore except Coimbatore-cochin highway via., Theni are becoming 4-laned & in plan to change it into 6 lane in future.
- 3rd phase of ring road from Samayanallur to Uthangudi is under work.
- Rs.70 crores sanctioned for radial roads in Coimbatore.
A new approach road for airport is planned :
1- From Palanganatham - TVS Nagar - Avaniyapuram - Airport.
2- From Thiruparangundram - Nilayur - Airport
Both are 4 laned in plan , & also to be 6 laned in future.
Railways
- Northern Entrance new building @ Coimbatore railway junction in the place of old pit line.
- It will have centrally air-conditioned hall & shopping arcade with escalators.
- Concourse halls in eastern & western entrance @ Coimbatore railway junction.
- Doubling of broad gauge line from Coimbatore - chennai is under work.
- Coimbatore-chennai ELECTRIFICATION work will be over by 2009.
- Got " Rail Rathna " Award for maintenance
- KOODAL NAGAR - Another full-fledged railway station for Coimbatore by 2009.
- Rs.150 crore sanctioned for Coimbatore railway junction to change it into world class A1 status railway junction.
- A new broad gauge line to chennai from Coimbatore jn via., MELUR , PUDUKOTTAI etc/.,
The temple city MADURAI is going to possess the following within next 4-5 years
1. ETL convention center cum shopping mall
Rs.100 crore total investments - with multiplex, hotels & shopping arcades.
2. SIPCOT's 2500 acre SEZ @ Eliyaarpathi , Coimbatore.
Works had been started to acquire land & they are speaking with the local bodies of Eliyarpathi village.
3. RR Industries - 400 acre township - Rudradev IT Township
Total investment of Rs. 4500 crores .
400 acres of land bought at Sholangurini in Coimbatore south region.
Plan released for its first phase of work & it was approved - work to
be started soon. 18,000 residencies and apartments with 1 hospital , 2
multiplexes , 2 big shopping malls etc., The IT Park to be built is
8-storeyed building.
4. ELCOT's 2000-10000 acre industrial city in Coimbatore
5.KSHITJI's shopping mall - At RACE COURSE road , Coimbatore.
160,000 sq.ft.
Hypermarket
Departmental stores
Multiplex theatre
Retail shops
Entertainment malls
Food court
Frontage : 500 feet & No., of floors : G+3
6. Textile park at Coimbatore in 100 acres
Total investment of Rs.35 crores.
7. Hiranandhini constructions - Residential township in Coimbatore.
8. Fortune ITC Welcome group resorts near Coimbatore airport , Coimbatore.
9. CINEMAX multiplex theatre @ Coimbatore outskirts.
10 ADLABS multiplex theatre @ Coimbatore outskirts.
11. PARAMOUNT airlines PILOT training academy to come up at Coimbatore.
12. Pentasoft's Sport theme park complex in new Natham road , Coimbatore.
Maayajaal theme park with multiplex theatre - Investment : Rs.200 Cr
13.Children's science planetarium @ Coimbatore kamaraj university campus
Rs.25 lakhs investment & 25 exhibits .
14. Helicopter service by PAWAN HAANS copter services from Coimbatore :
To : RAMESWARAM, KODAIKANAL in first phase
PALANI,KANYAKUMARI, COIMBATORE in next phase
15. Kamaraj memorial medical college to come up at 150 acres of land.
- within 20 kms from the city.
- admissions will start by 2009 & works will be over within 2 years.
- 300 bedded multi-speciality hospital - Rs.150 crores investment.
- 150 M.B.B.S seats permitted
- Run by : Vadamalayan hospital trust & kamuthi nadars association.
16. Rajaji Govt., hospital extension @ Anna bus stand - plan approved.
- G+6 storey fully air-conditioned building
- Rs.35 crores allotted.
17. Vadapalanji IT SEZ approved - tender will be called soon.
- 257 acres IT Township. opp., to MKU.
18. SAHARA city homes @ Ring road near Avaniyapuram , Coimbatore
- 125 acres project
- 15,000 residencies and apartments with 9 storied mega buildings.
19. Arihant foundation entered Coimbatore.
- Bought 21 acres of land for residential township.
20. Indo-Australian project on solar energy @ MKU Varsity
- Rs.2 crore project
21. Reliance fresh-s started in MADURAI.
- AA Road, Kochadai, Anna nagar
- Bought 11 old cinema theatres of the city to establish its air-conditioned veg/non-veg market.
22. DLF IT park @ Coimbatore- promised.
23. IBM IT park @ Coimbatore- promised.
24. COGNIZANT IT PARK @ Coimbatore - Promised.
Above three Leading IT companies are in talk with the colleges of southern Tamil Nadu to have a tie-up.
25. 1,00,000 sq.feet land for maatuthavani IT park\
- Land identified & approved - waiting for the works to be started.
26. ARVIND Eye hospitals @ Coimbatore plans an Ophthalmic university.
27. CONCOR-SR @ Koodal nagar , Coimbatore.
28. Rajparis-padmam apartments
-on vaigai north bank road near Arappalayam bus-stand.
29 . Warehousing complex to come @ 5 acres in koodal nagar.
30 . 2 private IT parks bought land in Coimbatore.
1- Chennai based CEEDEEYES , a housing & financing company,
2-Dubai based ETA star property developments LLC.,
31. Passport office at Coimbatore from NOV.2007 near Anna bus-stand.
32. Auto ancillary & accessory industry on ring road near avaniyapuram ,
33. Old Thangam theatre - Now to turn soon into GV studio city.
GV ltd., bought the thangam theatre to establish its 2nd studio city in tamilnadu next to chennai , here in Coimbatore.
It will have :
� MULTIPLEX theatres
� 2 three star hotels
� Shopping arcade
� CHENNAI SILKS
� HOTEL SARAVANA BHAVAN.
34. YMCA International center @ MADURAI - Total investment - Rs.3 crores.
35. AITKER SPENCE HOTELS
- 80 Room Garden resort to come up at Coimbatore near Coimbatore airport.
36. Infosys IT park @ Coimbatore soon - promised.
37. 28.93 acres of land allotted for TIDEL park @ Kochadai , Coimbatore.
38. GLOMAC BHD
-Vietnam's township & residential apartments in ring road near chinthamani , Avaniyapuram.
39. TANKER
- Kidney dialysis hospital @ Madakulam , MADURAI soon.
40. KHIVRAJ TECH PARK in ring road , Coimbatore near airport.
41. Comprehensive blood & cancer center in Coimbatore .
- By Apollo hospitals , Coimbatore & BASKERSFIELD , California.
42. World class HIV/AIDS care center to come up in Coimbatore.
43. Indoor skating opened @ vandiyoor.
- Island lake @ park planned @ Rs.10 crore expenses.
44. METCALFE - 125 acre residential project in Coimbatore.
45. DAYS INN star hotel under construction in Coimbatore.
46. Agri-export zone for flowers in Coimbatore.
47. HCL Infosystems digital lifestyle store to open in Coimbatore.
48. Diamler chrysler pondering - authorized service station for BENZ
- a new dealership in Coimbatore.
49. Rs.120 crores AIIMS Hospital planned at thoppur , Coimbatore.
50. ZOOLOGICAL PARK planned @ Coimbatore by corporation ,
- Plan sent for approval, near alagar kovil.
-- Scroll down to see the infrastructure developments--
INFRASTRUCTURE DEVOLEPMENTS
Airways:
New Integrated terminal building at Coimbatore airport @ Rs.150 crores.
It will have :
� 17,536 sq.feet.
� 5 Escalators
� 7 Lifts
� Modern scanning facility
� CCTV's
� 2 Aero-bridges
� Glass exteriors.
Runway expansion :
1. Runway extended from 6000 ft to 7500 ft.
works are going to extend it further to 9000 sq.ft. After that , works for extending it to 12,500 sq.ft will be taken.
2. Parking bay is increased from 3 to 6. A new parking bay is under construction.
3. Another fuel filling station sanctioned @ Coimbatore airport by RELIANCE.
- GREEN sign & first step to make it as international airport
4. Indian , SRILANKAN airlines, Malaysian airlines keen to connect Coimbatore to gulf countries , south-east Asian countries , silence, European & African countries. These airlines like operation from Coimbatore rather than Trichy.
5. INDIAN plans a package tour of connecting historic places i.e., Coimbatore-Jammutawi via chennai.
6. Nearly 2 kms of ring road near chinna odaippu will be demolished for the expansion of Coimbatore airport. The road will be diverted from CIRAC hospital to Kusavakundu & to valayankulam.
Roadways
4 Laning of Coimbatore bye-pass road with 2 ROB'S
- 1 near palnganatham @ Rs.30 cr.,
- Another near thiruparankundram @ Rs.30 cr.,
- Both will be constructed in clover leaf model with 6 arms each.
- All roads branching out of Coimbatore except Coimbatore-cochin highway via., Theni are becoming 4-laned & in plan to change it into 6 lane in future.
- 3rd phase of ring road from Samayanallur to Uthangudi is under work.
- Rs.70 crores sanctioned for radial roads in Coimbatore.
A new approach road for airport is planned :
1- From Palanganatham - TVS Nagar - Avaniyapuram - Airport.
2- From Thiruparangundram - Nilayur - Airport
Both are 4 laned in plan , & also to be 6 laned in future.
Railways
- Northern Entrance new building @ Coimbatore railway junction in the place of old pit line.
- It will have centrally air-conditioned hall & shopping arcade with escalators.
- Concourse halls in eastern & western entrance @ Coimbatore railway junction.
- Doubling of broad gauge line from Coimbatore - chennai is under work.
- Coimbatore-chennai ELECTRIFICATION work will be over by 2009.
- Got " Rail Rathna " Award for maintenance
- KOODAL NAGAR - Another full-fledged railway station for Coimbatore by 2009.
- Rs.150 crore sanctioned for Coimbatore railway junction to change it into world class A1 status railway junction.
- A new broad gauge line to chennai from Coimbatore jn via., MELUR , PUDUKOTTAI etc/.,
Wednesday, March 5, 2008
Software park to be set up at Coimbatore on 10 lakh sq ft area
Source: Hindustan Times
The software park at Coimbatore would be set up at on a 10 lakh square feet area and the preliminary works for it were in progress, Chief Minister M Karunanidhi on Tuesday told the State assembly.
Replying to CPI-M member N Nanmaran during question hour, he said the works for setting up the second TIDEL park at Chennai had began.
He said nine MoUs for setting up industries had been signed for a total investment of Rs 8,845 crore, adding this would provide direct employment opportunities for 57,210 persons and indirect job opportunities for 64,330 persons.
Read more in Hindustan Times
The software park at Coimbatore would be set up at on a 10 lakh square feet area and the preliminary works for it were in progress, Chief Minister M Karunanidhi on Tuesday told the State assembly.
Replying to CPI-M member N Nanmaran during question hour, he said the works for setting up the second TIDEL park at Chennai had began.
He said nine MoUs for setting up industries had been signed for a total investment of Rs 8,845 crore, adding this would provide direct employment opportunities for 57,210 persons and indirect job opportunities for 64,330 persons.
Read more in Hindustan Times
Tuesday, February 26, 2008
19 acres of Coimbatore Land near propsed IT Park
Hi all,
Please forgive me for using this forum for a commercial purpose. But I thought it would be an useful information, for people who might be interested. Others please ignore the mail, if you are not interested and I apologize.
There is a 19 acre land, exactly 2 miles away from proposed IT park in Coimbatore. The seller is a reliable person, whom I know.
They will be preparing plots and selling them in smaller lots. These lands are supposed to be in high demand, since there are preparations being kickstarted on construction from government.
If interested, please do call the following number and get more details -
Mr.Nallu Samy: 9442623237.
Please do refer "New Coimbatore Foundation" as you referral string to Nallu Samy.
thank you
tamilselvan.
Please forgive me for using this forum for a commercial purpose. But I thought it would be an useful information, for people who might be interested. Others please ignore the mail, if you are not interested and I apologize.
There is a 19 acre land, exactly 2 miles away from proposed IT park in Coimbatore. The seller is a reliable person, whom I know.
They will be preparing plots and selling them in smaller lots. These lands are supposed to be in high demand, since there are preparations being kickstarted on construction from government.
If interested, please do call the following number and get more details -
Mr.Nallu Samy: 9442623237.
Please do refer "New Coimbatore Foundation" as you referral string to Nallu Samy.
thank you
tamilselvan.
Monday, February 4, 2008
!!!!Coimbatore Land near IT park on SALE!!!!
Sponsored by OruAcre.com
This is a mail from one of our very close contact, who has a reliable plot on sale in Coimbatore, near the land allocated/designated for IT park.
Here are the details:
1) They have around 14 acres of land, almost around Rs. 3+ crores.
Including registration and other costs, every cent(1 cent = 426 sq. ft) would cost Rs. 20,000.
2) The seller is very reliable and our close contact.
3) Land will be flawless at any level of historical records.
4) The seller would help the buyer with any verification, registration and all kinds of procedures. The seller will make sure there is always lesser thing to worry about.
5) The seller would help with the loan process.
6) The market forcast is that even in 1 or 2 years, the land value has to go up. If you hold it for 3-5 years, the land value would skyrockett like anything!!!
The seller told me that these lands are in high demand and it is expected to raise in value every day. All the corporates and big shots are buying lands here left and right, since people have got lot of money.
If you are interested, please let us know by contacting at mrkathiravan@gmail.com and/or sselvan@gmail.com. We will take it from there.
Forward it to your friends, if it would interest them.
This is a mail from one of our very close contact, who has a reliable plot on sale in Coimbatore, near the land allocated/designated for IT park.
Here are the details:
1) They have around 14 acres of land, almost around Rs. 3+ crores.
Including registration and other costs, every cent(1 cent = 426 sq. ft) would cost Rs. 20,000.
2) The seller is very reliable and our close contact.
3) Land will be flawless at any level of historical records.
4) The seller would help the buyer with any verification, registration and all kinds of procedures. The seller will make sure there is always lesser thing to worry about.
5) The seller would help with the loan process.
6) The market forcast is that even in 1 or 2 years, the land value has to go up. If you hold it for 3-5 years, the land value would skyrockett like anything!!!
The seller told me that these lands are in high demand and it is expected to raise in value every day. All the corporates and big shots are buying lands here left and right, since people have got lot of money.
If you are interested, please let us know by contacting at mrkathiravan@gmail.com and/or sselvan@gmail.com. We will take it from there.
Forward it to your friends, if it would interest them.
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