Please see my previous article about people in coimbatore and their classification based on salaries. That should tell about the different kinds of people in Coimbatore.
I have written a similar article in April of 2009 for Economy of Coimbatore - a reality check in 2009.
At any case - let us check the status now:
One major complaint in Coimbatore economy is there is no major manufacturing divisions started up. Anything started up recently are retail outlets, refined grocery outlets, service outlets of different companies, shops etc., which sell things, insurance, banking etc.,
Only when there are more than 70% manufacturing companies, then only there is a significant improvement in economy of Coimbatore. In fact, there is reduction in number of manufacturing companies. On those days, atleast Fenner was great. But there are countable ones - Fenner, TVS companies etc.,
Every individual who works thinks of a secondary income and gets the compulsion of starting off something by himself, while he does the day job. While this happens, they always end up doing only service stuff and they don't create anything.
It is always only a share of existing money in Coimbatore. Only when outside companies come into Coimbatore and invest and give employment opportunities to Coimbatore people then only we get the actual productivity of Coimbatore and improvement in economy of Coimbatore.
Anyway, overall - it is good for Coimbatore's entrepreneurs to grow with new thinking of starting something of their own.
There has to be big companies coming in and giving employment to 100s and 1000s of people in Coimbatore - then there would be some difference and impact in coimbatore economy. In fact, any government concentration is only on north and not in southern parts of tamil nadu. If they concentrate, then there would be significant contribution from Coimbatore and southern districts as well.
Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts
Monday, January 11, 2010
Different Categories of Coimbatore People by Salaries - Economy of Coimbatore
I was talking to some of my friends in Coimbatore and corporate personnel in Coimbatore for the status of Coimbatore. Based on those discussions and interviews, here is my inference for Coimbatore Economy and reality check of the same.
I am not an economist, but just writing my thoughts and putting together my ideas on paper.
Let me classify working people of Coimbatore in different categories based on their salary.
1) Labour people, who work hard in the bottom of the society and get Rs.2500 per month or less.
2) Lower Middle class people, who earn between Rs.2500 to Rs.7000 per month. Families to feed three or more.
3) Middle class people, who earn between Rs.7000 to Rs.15000 per month.
4) Upper middle class people, who earn between Rs.15000 to Rs.25000 per month.
5) Rich people, who earn anything more than Rs.25000 per month.
The above could be one person to two person earning in a family, so it could be considered as household income. The problem is - people or families would come under my classification or vary time to time - based on the number of family members.
Say for example, a family increases by population and he stays with the same salary, then they slowly come down to a different classification of people in Coimbatore. Please note that this classification only applies to Coimbatore.
Ok, now we have classified people. Let us see what do they do -
1) Labour class does all the low level jobs like cleaning, mechanical work, very very hardworking, sweeping, house work etc.,
2) Lower middle class would be two people earning and doing the same work as above labour class. This category is also hard working and lot of manual work job.
3) Middle class is more of people working in offices, clerks and sit and do jobs, accountants etc.,
4) Upper middle class is more of banking, insurance, service, retail and education, teaching, some IT or ITeS related folks.
5) Rich people are more of corporate people, any kind of business men and women, politicians, specifically IT people and at last thugs, who live on interest (finance).
I am not an economist, but just writing my thoughts and putting together my ideas on paper.
Let me classify working people of Coimbatore in different categories based on their salary.
1) Labour people, who work hard in the bottom of the society and get Rs.2500 per month or less.
2) Lower Middle class people, who earn between Rs.2500 to Rs.7000 per month. Families to feed three or more.
3) Middle class people, who earn between Rs.7000 to Rs.15000 per month.
4) Upper middle class people, who earn between Rs.15000 to Rs.25000 per month.
5) Rich people, who earn anything more than Rs.25000 per month.
The above could be one person to two person earning in a family, so it could be considered as household income. The problem is - people or families would come under my classification or vary time to time - based on the number of family members.
Say for example, a family increases by population and he stays with the same salary, then they slowly come down to a different classification of people in Coimbatore. Please note that this classification only applies to Coimbatore.
Ok, now we have classified people. Let us see what do they do -
1) Labour class does all the low level jobs like cleaning, mechanical work, very very hardworking, sweeping, house work etc.,
2) Lower middle class would be two people earning and doing the same work as above labour class. This category is also hard working and lot of manual work job.
3) Middle class is more of people working in offices, clerks and sit and do jobs, accountants etc.,
4) Upper middle class is more of banking, insurance, service, retail and education, teaching, some IT or ITeS related folks.
5) Rich people are more of corporate people, any kind of business men and women, politicians, specifically IT people and at last thugs, who live on interest (finance).
Friday, April 10, 2009
Coimbatore - a reality check - Coimbatore Economy Trend - April 2009
I was talking to some experts working in corporates in Coimbatore to see what is the trend going on.
Overall, it seems to be bleak in terms of economy across all the industries, due to global recession.
Since the banking and insurance are not doing well, there is obviously downward trend in Information Technology. All of the Loans and majority of the Projects comes from Banking and Insurance industry to IT - hence it seems be a dull market for now.
Industries in Coimbatore are scaling down. Both in terms of cost and also willing to close down industries, when the unit does not make profit.
Auto industry, Mobil retail and FMCG are all suffering.
Another new trend in Coimbatore is - all the corporate retail shops like Reliance Fresh, Mobile outlets etc., are renegotiating the rent with the land lords and delaying the rent payment overall with the landlords. Even they are threatening that they would not vacate, if they don't reduce the rent of the property. The retail units have promised on a rent in boom period and now they are trying to reduce it.
About unemployment - People are trying to stay in the jobs, wherever they are. Employers are cutting salaries and laying off. Even the salaries are paid delayed. No questions asked!
Companies recruiting in campus, has not sent joining letters , including corporate companies. This leads to more unemployment. My advice for these unemployed - go and do higher studies until the economy comes back.
Anyway, overall things seems to be down. Hopefully market would recover globally and we will prosper soon!
Having said all these - as always politicians, cinema executives/actors, some corporate businessmen, illegal businessmen and criminals do not have anything less!!
Labels:
coimbatore economy,
Economy,
globalized economy
Saturday, January 10, 2009
non-IT folks in Coimbatore
There is always an opinion that IT and ITeS people earn more than required/average in their jobs and they make lot of money. This has been the situation compared to other jobs from the time IT came into popularity.
All non-computer science graduates, bank employees, B.Com graduates, B. Sc graduates, mechanical engineers, only school educated people - everyone, irrespective of their education, they all moved to IT and ITeS(Software) companies for jobs.
As it is generally considered, in an economy all the sectors has to grow. But, that was not the case in our economy. Software and BPO sectors were growing too fast, but other industries did not see that much growth.
Considering the current situation of the IT economy -
1) Global Economy slowdown
2) IT Services Major Satyam in deep trouble
3) Job loss and Unemployment increasing
These things happen in services industry. Non-IT people, who have not come into IT in their lifetime, would sadistically like this situation because this is not a great situation for IT, while IT folks has been showing off a lot during their good times.
People think about only IT and related and not other industries at all, in terms of education or even jobs or investment.
For example, if a parent wants to enroll his son/daughter into the college, they choose only IT or IT related courses. This is not good for the economy. The choice has to be varied and not just concentrated on one field. That is not good for the economy.
There is a similar situation in Sports in India. Everyone like Cricket and media covers only Cricket news. There are n number of sports in the world, but we don't care about it and it is not healthy at all. This is not good either.
Whenever is a problem realized, there is always solution following it. So, hopefully this wave of IT slowdown will bring some solution, I believe.
Thank you for listening.
All non-computer science graduates, bank employees, B.Com graduates, B. Sc graduates, mechanical engineers, only school educated people - everyone, irrespective of their education, they all moved to IT and ITeS(Software) companies for jobs.
As it is generally considered, in an economy all the sectors has to grow. But, that was not the case in our economy. Software and BPO sectors were growing too fast, but other industries did not see that much growth.
Considering the current situation of the IT economy -
1) Global Economy slowdown
2) IT Services Major Satyam in deep trouble
3) Job loss and Unemployment increasing
These things happen in services industry. Non-IT people, who have not come into IT in their lifetime, would sadistically like this situation because this is not a great situation for IT, while IT folks has been showing off a lot during their good times.
People think about only IT and related and not other industries at all, in terms of education or even jobs or investment.
For example, if a parent wants to enroll his son/daughter into the college, they choose only IT or IT related courses. This is not good for the economy. The choice has to be varied and not just concentrated on one field. That is not good for the economy.
There is a similar situation in Sports in India. Everyone like Cricket and media covers only Cricket news. There are n number of sports in the world, but we don't care about it and it is not healthy at all. This is not good either.
Whenever is a problem realized, there is always solution following it. So, hopefully this wave of IT slowdown will bring some solution, I believe.
Thank you for listening.
Friday, December 19, 2008
Elderly People and Senior Citizen's productivity in Coimbatore
People wait for the age of 58 and retire from them work, once they are 58 or 60.
After that, senior citizens...
Privileges in train tickets; will have tax reduction and/or wherever they go they get advantage.
However, I believe there are much more things, which can be done by them. In foreign countries the elderly people and senior citizens are much more productive and independent in their life.
They generate money and produce something or other.
For example, McDonalds was founded and built by the Ray Kroc in his late 50s.
KFC(Kentucky Fried Chicken) was founded by Harland Sanders in his 60s.
Our senior citizens should try to be healthy and be productive than what they are doing right now, I believe.
The same advice goes to this generation also - in terms of health and productivity.
After that, senior citizens...
Privileges in train tickets; will have tax reduction and/or wherever they go they get advantage.
However, I believe there are much more things, which can be done by them. In foreign countries the elderly people and senior citizens are much more productive and independent in their life.
They generate money and produce something or other.
For example, McDonalds was founded and built by the Ray Kroc in his late 50s.
KFC(Kentucky Fried Chicken) was founded by Harland Sanders in his 60s.
Our senior citizens should try to be healthy and be productive than what they are doing right now, I believe.
The same advice goes to this generation also - in terms of health and productivity.
Labels:
Economy,
Food,
Health,
productivity,
senior citizens
Thursday, September 4, 2008
Market is terrible!
Market is terrible and not treating me very well.
While I was searching a job, during a well-market, there were less screening of candidates. The evaluation process was not in that depth and it was easy.
But now, I could realize the pressure and stringent evaluation processes.
There are lesser openings and those openings are tightened with couple of layers of evaluation.
There is more supply and lesser demand, which makes the market non-co-operative to job seekers. There are very easy rejections! There are more people out in the market and employers are having lesser business.
Management drives the recruitment and the recruitment managers cannot make any mistake in recruitment. Since there are more job seekers and lesser demand for job, employers are able to find people easy, with stringent procedures.
Everyone is sticking to their job as of now and keeping the boat going. Business is generally dull for the employer as well. So, there is no chance of asking for hike/bonus etc., Whoever is in job, has to just hang on to where they are.
Overall, it sucks!!
While I was searching a job, during a well-market, there were less screening of candidates. The evaluation process was not in that depth and it was easy.
But now, I could realize the pressure and stringent evaluation processes.
There are lesser openings and those openings are tightened with couple of layers of evaluation.
There is more supply and lesser demand, which makes the market non-co-operative to job seekers. There are very easy rejections! There are more people out in the market and employers are having lesser business.
Management drives the recruitment and the recruitment managers cannot make any mistake in recruitment. Since there are more job seekers and lesser demand for job, employers are able to find people easy, with stringent procedures.
Everyone is sticking to their job as of now and keeping the boat going. Business is generally dull for the employer as well. So, there is no chance of asking for hike/bonus etc., Whoever is in job, has to just hang on to where they are.
Overall, it sucks!!
Tuesday, September 2, 2008
Feeling the Macroeconomy disturbance - World Economy - not just about Coimbatore
When there was dot com burst in 2000, and during/after September 11 attacks in USA, there was a huge market recession due to heavy losses and improper business models, I had to feel the macro-economy disturbance.
When there is a disturbance at a macro-economy level, there is a disturbance in micro-economy level too. In 2001, we suffered out of no money. No one worked in my family, except my mother! Mother was working, one brother was studying, another brother was searching for a job and I was downsized from the company! I guess you are getting the financial picture of my family. It sucked!!
Now, there a sub-prime mortgage crisis, US real markets fall, banks fail or slow down and my life sucks. I am always on the edge of my life. Does it happen to everyone? Or is it just me?!
Is it my mistake of being jack of many, rather than a master of one?!
Inflation of >12% in India...oil prices rise...shares sink...
Need some life and break guys!! I hope everything will come up back.
Everyone in family is supportive, but need change sooner.
I hope after elections, things will change.
When there is a disturbance at a macro-economy level, there is a disturbance in micro-economy level too. In 2001, we suffered out of no money. No one worked in my family, except my mother! Mother was working, one brother was studying, another brother was searching for a job and I was downsized from the company! I guess you are getting the financial picture of my family. It sucked!!
Now, there a sub-prime mortgage crisis, US real markets fall, banks fail or slow down and my life sucks. I am always on the edge of my life. Does it happen to everyone? Or is it just me?!
Is it my mistake of being jack of many, rather than a master of one?!
Inflation of >12% in India...oil prices rise...shares sink...
Need some life and break guys!! I hope everything will come up back.
Everyone in family is supportive, but need change sooner.
I hope after elections, things will change.
Wednesday, April 23, 2008
Real Estate Status in Coimbatore, Chennai and India
Sponsored by OruAcre.com
Real Estate Status in Coimbatore, Chennai and India
Sponsored by Sun City - Real Estate Agent, Coimbatore
In most parts of Chennai, apartments in new complexes cost between Rs 70 lakh to Rs 1 crore. As for adjoining suburbs, prices are in the range of Rs 40 lakh to Rs 50 lakh.
For instance, ongoing projects on the Coimbatore Highway are priced at Rs 45 lakh and above.
Consider the economics. To buy a flat worth Rs 50 lakh, a salaried employee would have to pay Rs 7.5 lakh upfront and an equated monthly instalment (EMI) of Rs 50,000 to service the balance Rs 42.5 lakh home loan over the next 20 years. Going by bank eligibility norms, he or she would need a salary of Rs 1 lakh per month to obtain a loan to pay such a high EMI. Obviously, those with such high salaries are few in number and on the highest rung of the corporate ladder.
It is getting tougher and tougher to buy a property in India. Normal people cannot afford a property in Coimbatore, Chennai and India.
There is nothing we can do, while the economy and markets takes its own course.
Real Estate Status in Coimbatore, Chennai and India
Sponsored by Sun City - Real Estate Agent, Coimbatore
In most parts of Chennai, apartments in new complexes cost between Rs 70 lakh to Rs 1 crore. As for adjoining suburbs, prices are in the range of Rs 40 lakh to Rs 50 lakh.
For instance, ongoing projects on the Coimbatore Highway are priced at Rs 45 lakh and above.
Consider the economics. To buy a flat worth Rs 50 lakh, a salaried employee would have to pay Rs 7.5 lakh upfront and an equated monthly instalment (EMI) of Rs 50,000 to service the balance Rs 42.5 lakh home loan over the next 20 years. Going by bank eligibility norms, he or she would need a salary of Rs 1 lakh per month to obtain a loan to pay such a high EMI. Obviously, those with such high salaries are few in number and on the highest rung of the corporate ladder.
It is getting tougher and tougher to buy a property in India. Normal people cannot afford a property in Coimbatore, Chennai and India.
There is nothing we can do, while the economy and markets takes its own course.
Monday, March 31, 2008
What does global IT slowdown mean for Coimbatore?
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What does global IT slowdown mean for Coimbatore?
We are hearing news all over about IT slowdown happenning in US. The reason - Financial institutions are affected due to real estate being down in USA. Many foreclosures and lot many issues related to real estate going in USA. Since Financial market is suffering IT suffers too.
On the other hand, we are happily talking about IT park in Coimbatore. Is that OK to be happy about it?! Answer is YES. Here is some analysis....
Any major change as a result of happenings across the world would happen in one or two quarters. The global effect on financial services will affect other sectors like IT, including retail.
However, new industries like airline are opening up and will spend more on IT. The Indian market is also expanding for IT services. Say for example - Wipro, 18-20 per cent of revenues come from the domestic business. This will only grow faster.
Coimbatore IT Park is something provisioned by the government with proper infrastructure improvements like international airport in coimbatore, road and rail infrastructure improvements in coimbatore. Government has elected ELCOT to do all the work related to IT Park in Coimbatore.
Now, once the IT park is built, all the IT companies would wish to have their centre in second tier city like Coimbatore for sure. The reason is it will be much cheaper to operate from a second tier city like Coimbatore, assuming the infrastructure improvements.
IT slowdown is usually temporary and this time also it is temporary. Financial industry is stronger in USA and it will come back to normal and it will go up more. Considering the fact that the government is changing in US, things would change globally too, since there would global policy changes. These disturbances in the market are normal and we have to get tied to the wave and come back to normal sooner.
As we grow as human beings, we always need IT and related industries to run and serve.
Hence, Coimbatore IT Park is good to go.
What does global IT slowdown mean for Coimbatore?
We are hearing news all over about IT slowdown happenning in US. The reason - Financial institutions are affected due to real estate being down in USA. Many foreclosures and lot many issues related to real estate going in USA. Since Financial market is suffering IT suffers too.
On the other hand, we are happily talking about IT park in Coimbatore. Is that OK to be happy about it?! Answer is YES. Here is some analysis....
Any major change as a result of happenings across the world would happen in one or two quarters. The global effect on financial services will affect other sectors like IT, including retail.
However, new industries like airline are opening up and will spend more on IT. The Indian market is also expanding for IT services. Say for example - Wipro, 18-20 per cent of revenues come from the domestic business. This will only grow faster.
Coimbatore IT Park is something provisioned by the government with proper infrastructure improvements like international airport in coimbatore, road and rail infrastructure improvements in coimbatore. Government has elected ELCOT to do all the work related to IT Park in Coimbatore.
Now, once the IT park is built, all the IT companies would wish to have their centre in second tier city like Coimbatore for sure. The reason is it will be much cheaper to operate from a second tier city like Coimbatore, assuming the infrastructure improvements.
IT slowdown is usually temporary and this time also it is temporary. Financial industry is stronger in USA and it will come back to normal and it will go up more. Considering the fact that the government is changing in US, things would change globally too, since there would global policy changes. These disturbances in the market are normal and we have to get tied to the wave and come back to normal sooner.
As we grow as human beings, we always need IT and related industries to run and serve.
Hence, Coimbatore IT Park is good to go.
Saturday, March 29, 2008
Coimbatore district getting more funds than previous years
Coimbatore district getting more funds than previous years
The annual credit plan for agriculture and allies activities for the coimbatore district this year has been increased to Rs.898.24 crore as against Rs.749.45 crore last year.
The outlay to the total priority sector of Coimbatore District had been increased by Rs.255.04 crore and fixed at Rs.1480.70 crore, according to the document released by Coimbatore District Collector S.S.Jawahar.
Read more
Coimbatore Directory
The annual credit plan for agriculture and allies activities for the coimbatore district this year has been increased to Rs.898.24 crore as against Rs.749.45 crore last year.
The outlay to the total priority sector of Coimbatore District had been increased by Rs.255.04 crore and fixed at Rs.1480.70 crore, according to the document released by Coimbatore District Collector S.S.Jawahar.
Read more
Coimbatore Directory
Monday, March 24, 2008
Tamil nadu to promote four more SEZs - Coimbatore Update
In an effort at equitable economic growth across the state, the Tamil Nadu government is encouraging industrial and IT investments in areas other than Chennai and its suburbs, said Finance Minister K. Anbazhagan here Thursday. Presenting the budget for 2008-09, he announced four special economic zones (SEZ) for (a) transport engineering goods at Gangaikondan, Tirunelveli district on 255-acre; (b) automobile and auto spare parts at Cheyyar, Tiruvanamalai district on 255-acre; (c) 263-acre engineering goods at Perunthurai, Erode; and (d) leather sector in 260 acres at Ranipet.
According to him, so far 32 SEZs have been approved in Tamil Nadu and 29 of them have been notified by the central government.
�Efforts are being taken to establish multi-product SEZs at Nanguneri in Tirunelveli district, Krishnagiri, Perambalur and Ennore,� he said.
Anbazhagan also declared that the state government would pay careful attention to the livelihood security of farmers when establishing the SEZs.
He said the state would offer the same tax concessions enjoyed by industrial units investing Rs.3.5 billion ($86.6 million) in Chennai, Kanchipuram and Tiruvallur districts to those setting up industries in other places at an outlay of Rs.2.5 billion.
The government is also promoting tier II cities as the destination of IT companies.
IT parks are being set up in Coimbatore, Coimbatore, Trichy, Tirunelveli and Salem. Companies establishing IT parks have been allotted land and SEZ status has been obtained for them.
�A new IT park will be set up in Vellore by ELCOT (Electronic Corp of Tamil Nadu) in partnership with the private sector in the coming financial year,� Anbazhagan said.
He added that Tamil Nadu Cements Corp would double its capacity at an outlay of Rs.820 million.
Source: thaindian - a news portal for indians in thailand
According to him, so far 32 SEZs have been approved in Tamil Nadu and 29 of them have been notified by the central government.
�Efforts are being taken to establish multi-product SEZs at Nanguneri in Tirunelveli district, Krishnagiri, Perambalur and Ennore,� he said.
Anbazhagan also declared that the state government would pay careful attention to the livelihood security of farmers when establishing the SEZs.
He said the state would offer the same tax concessions enjoyed by industrial units investing Rs.3.5 billion ($86.6 million) in Chennai, Kanchipuram and Tiruvallur districts to those setting up industries in other places at an outlay of Rs.2.5 billion.
The government is also promoting tier II cities as the destination of IT companies.
IT parks are being set up in Coimbatore, Coimbatore, Trichy, Tirunelveli and Salem. Companies establishing IT parks have been allotted land and SEZ status has been obtained for them.
�A new IT park will be set up in Vellore by ELCOT (Electronic Corp of Tamil Nadu) in partnership with the private sector in the coming financial year,� Anbazhagan said.
He added that Tamil Nadu Cements Corp would double its capacity at an outlay of Rs.820 million.
Source: thaindian - a news portal for indians in thailand
Labels:
Coimbatore News and Updates,
Companies,
Economy,
General,
Industries,
IT Park,
transport
Friday, March 14, 2008
Changes in Coimbatore
What are NRMs thinking right now??
As I have mentioned before I refer NRMs for Non-Resident Coimbatoreites - please refer this back.
NRMs live outside Coimbatore, for various purposes - but mainly job/money/personal reasons. The location could be inside India or outside India as well.
NRMs outisde India might have more money than other major population of residents. Considering the wealth, NRMs would be wondering about buying lands in coimbatore, properties in coimbatore, commercials buildings in coimbatore.
The NRMs would not stop over there. They would buy businesses - start businesses.
Trade in, Start dealerships, franchisees, agents, brokers. Every NRM will try to make money out of the hype, boom in coimbatore.
This will be the same, in terms of thoughts of residents of Coimbatore.
However, when I think about my close friend, who is just an auto mechanic. He repairs scorpio and other SUVs.
He works for a private concern in Coimbatore, near Bye-pass road. He earns about Rs.3000 per month.
Considering the changes happenning in Coimbatore, what will happen to the financial future of my auto mechanic friend??
I am sure he is not going to get huge hike, because industry is growing. However, I think the auto company will get much more business than before, due to increased population. Even though auto company grows, it does not mean that the company is going to hike his salary.
But as per the economic cycle(science) and rule, auto company has to increase the salary, in order to be par with other competitors, otherwise the employee might go away to some other company.
Above all, I believe it should be a slow and steady growth for everyone. If it happens to be a growth for only a particular group of people, then it is going to be a problem.
As I have mentioned before I refer NRMs for Non-Resident Coimbatoreites - please refer this back.
NRMs live outside Coimbatore, for various purposes - but mainly job/money/personal reasons. The location could be inside India or outside India as well.
NRMs outisde India might have more money than other major population of residents. Considering the wealth, NRMs would be wondering about buying lands in coimbatore, properties in coimbatore, commercials buildings in coimbatore.
The NRMs would not stop over there. They would buy businesses - start businesses.
Trade in, Start dealerships, franchisees, agents, brokers. Every NRM will try to make money out of the hype, boom in coimbatore.
This will be the same, in terms of thoughts of residents of Coimbatore.
However, when I think about my close friend, who is just an auto mechanic. He repairs scorpio and other SUVs.
He works for a private concern in Coimbatore, near Bye-pass road. He earns about Rs.3000 per month.
Considering the changes happenning in Coimbatore, what will happen to the financial future of my auto mechanic friend??
I am sure he is not going to get huge hike, because industry is growing. However, I think the auto company will get much more business than before, due to increased population. Even though auto company grows, it does not mean that the company is going to hike his salary.
But as per the economic cycle(science) and rule, auto company has to increase the salary, in order to be par with other competitors, otherwise the employee might go away to some other company.
Above all, I believe it should be a slow and steady growth for everyone. If it happens to be a growth for only a particular group of people, then it is going to be a problem.
Changes in Coimbatore - Positive and Negative
Change is needed from everyone in the city.
As per Bhagavad Gita, Change is only permanent thing in this world.
Considering the positive changes about to happen to coimbatore, there is change expected certainly.
The existing people in coimbatore might have been living in a certain way.
Now that there are changes expected, existing people in coimbatore might get affected.
The simplest people in Coimbatore might not be able to cope up with the changes happenning in coimbatore.
If the simplest people in coimbatore change themselves to the curve of coimbatore, then they also get benefitted.
If not, there are some serious problems awaited for these people. You better catch up with the change.
Agriculture might get affected due to the change in the city. Agriculture has to be modernized and improved, instead it should be avoided for the brighter sides of the city.
In addition to all that - most importantly coimbatore culture will be left behind. The culture of people living together, whatever problem happens or whatever happiness amidst the family. Relationships will be affected. Faster life is going to affect everyone, in a way that everyone is going to look for money and no hearts.
This is definitely the negative side of the whole positive change.
God Bless Coimbatore!!
As per Bhagavad Gita, Change is only permanent thing in this world.
Considering the positive changes about to happen to coimbatore, there is change expected certainly.
The existing people in coimbatore might have been living in a certain way.
Now that there are changes expected, existing people in coimbatore might get affected.
The simplest people in Coimbatore might not be able to cope up with the changes happenning in coimbatore.
If the simplest people in coimbatore change themselves to the curve of coimbatore, then they also get benefitted.
If not, there are some serious problems awaited for these people. You better catch up with the change.
Agriculture might get affected due to the change in the city. Agriculture has to be modernized and improved, instead it should be avoided for the brighter sides of the city.
In addition to all that - most importantly coimbatore culture will be left behind. The culture of people living together, whatever problem happens or whatever happiness amidst the family. Relationships will be affected. Faster life is going to affect everyone, in a way that everyone is going to look for money and no hearts.
This is definitely the negative side of the whole positive change.
God Bless Coimbatore!!
Economy of Coimbatore
Sponsored by OruAcre.com
Economy of Coimbatore
I am not an economist to comment on economy of Coimbatore.
But I can definitely say something of sense, as a common citizen of Coimbatore.
Economy of Coimbatore is all set to grow in an elevated manner. The reason - due to growth of one industry - computer software industry, there would be lot of money coming in Coimbatore.
Most important point here is - the money is all white. Nothing black in it. All the money is either post-tax money or the money earnt legally. This is not just money from a politician or a corrupt official. All this money is coming from outsiders, who have earnt money in various ways.
As we have discussed before, economy improves only when businesses are started. These businesses expanded or started would give employment to numerous individuals. If various individuals get employment, automatically the whole family gets benifitted.
If you think about it - if one industry crops up, then automatically other industries come up.
For example: IT industry is facilitated by the government. We are already seeing that real estate industry is on top. Whoever has money is buying lands left and right. All outsiders are trying to buy land in coimbatore. Corporates are buying land in coimbatore.
This manifests the status of real estate industry in Coimbatore, due to the upcoming IT industry.
One small example is that - online domain names related to coimbatore are on demand these days. The number of domains related to Coimbatore registered in past 2 years is more than what it had been the case before.
People are trying to buy businesses already existing in Coimbatore.
For example, if more outsiders come into coimbatore, then automatically entertainment and food industry also booms.
Existing small theatres in coimbatore would be bought, considering the location. The small theatre will have to give up their business due to couple of reasons - 1) The offer will be big, which cannot be hesitated. 2) The small business owner will not have this opportunity again, since it is a boom time. 3) Withstanding and continuing businesses before these big businesses would be difficult for the small business owner.
I see an amazing miraculous change for Coimbatore. I see Coimbatore to change as a GREAT MADURAI!!!
I wish I come back to my coimbatore and live the rest of my life.
this article would continue...
Economy of Coimbatore
I am not an economist to comment on economy of Coimbatore.
But I can definitely say something of sense, as a common citizen of Coimbatore.
Economy of Coimbatore is all set to grow in an elevated manner. The reason - due to growth of one industry - computer software industry, there would be lot of money coming in Coimbatore.
Most important point here is - the money is all white. Nothing black in it. All the money is either post-tax money or the money earnt legally. This is not just money from a politician or a corrupt official. All this money is coming from outsiders, who have earnt money in various ways.
As we have discussed before, economy improves only when businesses are started. These businesses expanded or started would give employment to numerous individuals. If various individuals get employment, automatically the whole family gets benifitted.
If you think about it - if one industry crops up, then automatically other industries come up.
For example: IT industry is facilitated by the government. We are already seeing that real estate industry is on top. Whoever has money is buying lands left and right. All outsiders are trying to buy land in coimbatore. Corporates are buying land in coimbatore.
This manifests the status of real estate industry in Coimbatore, due to the upcoming IT industry.
One small example is that - online domain names related to coimbatore are on demand these days. The number of domains related to Coimbatore registered in past 2 years is more than what it had been the case before.
People are trying to buy businesses already existing in Coimbatore.
For example, if more outsiders come into coimbatore, then automatically entertainment and food industry also booms.
Existing small theatres in coimbatore would be bought, considering the location. The small theatre will have to give up their business due to couple of reasons - 1) The offer will be big, which cannot be hesitated. 2) The small business owner will not have this opportunity again, since it is a boom time. 3) Withstanding and continuing businesses before these big businesses would be difficult for the small business owner.
I see an amazing miraculous change for Coimbatore. I see Coimbatore to change as a GREAT MADURAI!!!
I wish I come back to my coimbatore and live the rest of my life.
this article would continue...
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
Labels:
Coimbatore News and Updates,
Economy,
General,
IT Park
Coimbatore IT Park Latest News
Please check out link - the latest news about Coimbatore IT Park.
Labels:
Coimbatore News and Updates,
Economy,
General,
IT Park
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.
Labels:
Coimbatore News and Updates,
Economy,
General,
IT Park,
Personal Finance
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.
Labels:
Coimbatore News and Updates,
Economy,
General,
IT Park,
Personal Finance,
Society
Tuesday, June 19, 2007
Dreaming Coimbatore into the roads of Singapore!
Dreaming Coimbatore into the roads of Singapore!
Is it possible? You will see the answer, as you read on.
I remember and you all will remember one of the politicians coined the same statement and became an utter failure in his political career. Well, anything can happen. He can become a CM someday to the state, considering his education and intelligence. That apart, let us get into the topic.
Again, is it possible? Yes!! 200% it is possible! Anything is possible in this world, just be good planning, execution, team work and hard work.
Here is the japanese way of solving problems. We list out the problems, identify various solutions. Analyze on which solution is best and choose the solution. Once the solution is chosen, just execute it carefully. This is definitely not possible by just one person's thoughts and one person's action. It involves lot of people.
Everyone should come together on this. Many good leaders has to be cultivated. Many new leaders has to be born. Need to work together to execute.
Work hard towards our goals and one single main goal - of Making Coimbatore a New Coimbatore!
There has to be a gradual and sharp change in everyone of us. We have to become the
change and show the world that we have changed. Once the world understands and realizes that it is a productive community, automatically funds and investments will pour in.
Atleast, if we are not able to produce, we should provide a cozy environment or platform for production. Are we ready to do that?
Good things can be done anytime. It does not need good time to do that. Anytime we can start the transformation!
It is all like a family. Imagine Coimbatore as a family of four or five people of different natures. Based on all 5 of us, our team work progresses us to achievement and success. based on the goal we set, we move in the direction.
Based on the things we produce, automatically money will pour in and that once reinvested we get better. All this will lead to better life for everyone of us.
When are going to take the first steps!! Come on and join the coimbatore force - newcoimbatore.in.
We can work together to make Dream come true for Coimbatore into the roads of Singapore!
Is it possible? You will see the answer, as you read on.
I remember and you all will remember one of the politicians coined the same statement and became an utter failure in his political career. Well, anything can happen. He can become a CM someday to the state, considering his education and intelligence. That apart, let us get into the topic.
Again, is it possible? Yes!! 200% it is possible! Anything is possible in this world, just be good planning, execution, team work and hard work.
Here is the japanese way of solving problems. We list out the problems, identify various solutions. Analyze on which solution is best and choose the solution. Once the solution is chosen, just execute it carefully. This is definitely not possible by just one person's thoughts and one person's action. It involves lot of people.
Everyone should come together on this. Many good leaders has to be cultivated. Many new leaders has to be born. Need to work together to execute.
Work hard towards our goals and one single main goal - of Making Coimbatore a New Coimbatore!
There has to be a gradual and sharp change in everyone of us. We have to become the
change and show the world that we have changed. Once the world understands and realizes that it is a productive community, automatically funds and investments will pour in.
Atleast, if we are not able to produce, we should provide a cozy environment or platform for production. Are we ready to do that?
Good things can be done anytime. It does not need good time to do that. Anytime we can start the transformation!
It is all like a family. Imagine Coimbatore as a family of four or five people of different natures. Based on all 5 of us, our team work progresses us to achievement and success. based on the goal we set, we move in the direction.
Based on the things we produce, automatically money will pour in and that once reinvested we get better. All this will lead to better life for everyone of us.
When are going to take the first steps!! Come on and join the coimbatore force - newcoimbatore.in.
We can work together to make Dream come true for Coimbatore into the roads of Singapore!
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