Rise in prices of steel and cement: Coimbatore, Madurai

Continuous rise in price of steel and cement in tamil nadu, gives lot of pressure for Building projects in Coimbatore.

Coimbatore builders seek government help to curb prices of steel and cement in tamil nadu.

read more in hindu b u s i n e s s

Real Estate Status in Madurai, Chennai and India

Real Estate Status in Madurai, Chennai and India

Sponsored by Sun City - Real Estate Agent, Madurai

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 Madurai 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 Madurai, Chennai and India.

There is nothing we can do, while the economy and markets takes its own course.

Madurai Real Estate - Rakindo Developers: Madurai

Real estate developer Rakindo Developers has unveiled its plan to build a $1.5 billion (Rs 6,000 crore) integrated township at Coimbatore. It is expected to be ready for launch by the last quarter of 2008. The flagship project of Rakindo Developers in the texcity will be developed over 1,000 acres with an 18-hole golf course as the centrepiece, Rakindo Developers MD Prasad Koneru told.

Rakindo is committed to invest $ five billion in India over the next five years and will on a conservative estimate build about 50 million sq ft. It has several integrated township projects in the pipeline. These include 500 plus acre project at Hosur, 1,000 acre at Gurgaon, 450 acre at Cochin, 250 acre in Trichy and 500 acre in Madurai.

Read more here

Madurai Contractors Engineers Builders Construction companies

Madurai Contractors/Engineers/Builders/Construction companies

Vishaal Promoters Pvt Ltd
INNOVATIVE BUILDERS
SRI SHARADA ESTATES
GEM PROPERTIES
KOODAL NAGAR CONSTRUCTIONS (P) LTD
Estates & Promoters
VEERAPPA NAGAR - TRICHY (NAVALPATU)
Sashwath Construction (P) Ltd
Pandia Homes » T.P.M. Nagar (Vedha Homes (P) Ltd)
Maheswari Designs & Construction
Sri Siddhi » Siva Selters
M.M. Consultancy Engineers & Contractors
Prime Properties » Real Estate Promoters and Developers
Balu Gardens
Ultra Modern Deluxe Apartments
Mb Constructions
Madhav Manjil @ Madurai
By poornam Builders & Developers
ANMOL CASTLE (Individual House)
ANMOL SHRUSTI Contractors & Engineers Pvt Ltd.
N.M.S. Nagar (N.M.Sivanathan Nagar)
City Constructions
G.D. Foundations
Allied Gardens PHASE II
Kaasim Residency
vilas builders
Ram Anand Construction & Ram Anand Builders & Staff
Quality and Quantity Builders
Visvas Promotars Pvt Ltd
Sri Sathya Nandhini Promoters
New Kurinji Housing Private Limited
Devi Promoters
HYGREVAR Home and Health Limited
Projects in Nellai, Kanyakumari, Trichy, Chennai, Coimbatore, Ooty
DSF GRAND PLAZAS PVT LTD
KAVIYAN CONSTRUCTION
RAJPARIS CIVIL CONSTRUCTIONS LTD

If you want details about the Constructer/Contractor/Engineer/Builders above, please click here

Chennai Tidel Park and Madurai IT Park

Looking back at the Tidel Park built in Chennai, we wanted to see at a glance what are the features currently existing in Chennai Tidel Park.
In future, hopefully much more than these would be available at Madurai IT Park.

About TIdel Park:


A workplace well connected to every part of the city, professional services, security, medical and recreational facilities, banking and more…

TIDEL Park offers a plug and play environment that allows businesses to thrive in an industry where some things must be taken for granted - a failsafe physical infrastructure, highly qualified manpower, amenities and facilities – right in the heart of Chennai city.


Tidel Park at a glance


0) Inaugurated on July 4, 2000
1) Build up area : 1.28 million Sq.ft. - State-of-the-art facilities
2) Located in the heart of the City on the six-lane express way
3) India's single largest IT Park.
4) Ample parking space
5) An ISO 9001 / 14001 Company
6) Connectivity - High speed data / voice communication backbone by multiple service providers
7) Recreation facilities
8) 100% back up for power & communication facilities
9) IBMS facility connected to all key utilities.
10) Video Conferencing facility
11) World's 3rd largest TES systems for ACMV
12) 24 x 7 service to occupants.
13) Most of the space occupied by multinational companies.
14) More than 12,000 software professionals employed in the Park
15) Well equipped Auditorium / Conference Halls for the use of occupants and other trade organisations.
16) Premises & Facility management by multinational Agency.
17) Facilitation / Consultancy Services for new JVs in IT infrastructure projects.

Madurai IT Park Latest News and Updates: March, April 2008

In Today’s TN assembly answering the question over IT park inauguration in second tier cities, Chief Minister Kalaignar M. Karunanidhi assured that stone foundation of IT park at Madurai Ilanthaikulam will be inaugurated soon. There is no symptom of second IT park inauguration near MK University as on date.

Madurai RTO Office Update - Regional Transport Office

RTO Madurai Update:

Considering the vehicle growth in the city a new RTO office is to be opened near mariamman teppakulam soon. The North Madurai RTO office will be shifted opposite to mattuthavani bus terminal.

The South Madurai RTO office is also proposed to be sifted to AUSTINPATTI as planned earlier.

Olive Beach Promoters Update - Madurai Real Estate

Bhoomi pooja was kick-started at Madurai by Olive Beach promoters, Madurai for a modern state of the art township near airport ring road.

The Madurai township infrastructure will include 24 hrs security, avenue trees, club house library, super market, swimming pool walkway etc.,

www.olivebeach.in

What is the plan to put up, if an NRI wants to go back to Madurai, India?

You are an NRI or NRM? You always think about your home town, your home country. You are home sick. You are sick of your host country, where you have migrated? You think you will be better off, if you go back to Madurai(your home town or your home country). and do your own business.

If you are an NRI/NRM and wants to go back to Madurai, here is the plan I would suggest:

1) Have an AIM/GOAL written down in a single page. Let it be very short and sweet. Discuss your aim and/or goal with your spouse and children(if more than 10 years old).

2) Have a written personal and business plan, specifying your short-term, medium-term and long-term aims and plans on executing them.

3) Have a risk management plan. that is plan-B. What if, it did not work. Have Plan-C. What if, your plan-a and plan-b did not work!?

4) Build immovable assets, before you return back. For example, buy land or house in Madurai.

5) Have money generating assets in Madurai. For example, you should not be doing much work, but you should be getting some money for running the family. Say - a rent from a house you have rented to somebody else. Say - a rent from a commercial complex in Madurai.

6) Have a huge emergency fund. Deposit it somewhere, so that you either get a monthly income out of it and make sure it is liquid OR it can be a long-term growth deposit.

7) Have a retirement plan and fund it periodically. Have an insurance plan. If anything happens to you, what happens to your family. Be prepared for htat.

8) Have good amount of initial investment money for your business you are starting.

9) Be sure you are hardworking, consistent with your goals. Update your goals and plans as you proceed.

10) Be passionate with what you are doing and what you have planned to do. If you are passionate and if you love what you do, no one can stop you from your SUCCESS.

Coimbatore Wipro is being setup: Other districts than Madurai

Even though Coimbatore Tidel Park is in progress, Wipro has started to build the building in Kovai(Coimbatore).

The company has planned to construct three software development blocks on a sprawling 9.5 acre plot adjacent to the Tidel Park behind the Coimbatore Medical College.

This is called the real progress guys and development!! Hope things would happen in Madurai and we will hear news similar to this in Madurai!!

Coimbatore is way to go in its development.

Cognizant Technologies Solution (CTS) coming to Madurai: NASSCOM Chairman: Madurai Potential

Lakshmi Narayanan, Cognizant’s Vice-Chairman, said that the temple city 'Madurai' will be in its radar to expand the operations of the software firm. Mr.Narayanan who is also serving as the chairman of NASSCOM (National Association of Software and Services Companies) came to Madurai to commence the competitions organised by the Thiagarajar College of Engineering for the school students. While replying for a question, he said that he will not comment on the name of the cities in which Cognizant is going to expand but it had shortlisted five cities for its future operations and Madurai is one of them.

Sourcing from Prabhas views blog!

Madurai's Potential Lost in past

What do you know about Madurai-TamilNadu?

You may know - Madurai is known as :
ATHENS OF THE EAST
TEMPLE CITY OF INDIA
LAND OF NECTARS etc...

You may Know - Madurai is famous for its :

Meenakshi Temple
Tradition and Culture
Fragrant-smell JASMINE Flowers
Granite Marble stones
Tasty Food etc.,

While asking experienced people - they'll reply :

Madurai lacks Industrialization so lost millions of its native people to other cities.

That is real truth ! Did you know one thing ?

Our Temple city Madurai is losing nearly 40,000 Graduates every year to other cities like Chennai, Hyderabad, Bangalore, Mumbai and losing 50% of its Man-power to the industrialised cities like Coimbatore, Tirupur and Erode due to Unemployment.

Just Imagine the status of our city if those people remained here for work! None of the previous Governments took efforts to develop the Historic temple city. We had lost a Second MetroPolitan city of TamilNadu - YES !!! - Our Madurai might have become a Metropolitan city some decades ago next to those 4 Cities like what PUNE,BANGALORE,HYDERABAD is now emerging!! If there was a proper Governance and Good Local Administration.

But Taking its Potential into account - Our Present State and Central Governments had come forward atlast to develop our City Madurai right now.

Do anyone of you know its results ?

MADURAI is the only Tier-II City which attracted the Investments for More than Rs.50,000 Crores in the last two years which is now equal to the same power of Metros and Mini Metro cities of India.

Since this article is about improvement of Madurai, sourcing it from another madurai well wisher - madurai gilli - all for wellness of Madurai!

Real Estate boom in Madurai: Construction Builders in Madurai: Townships in Madurai

Madurai is active in property development with a plethora of developers coming up with residential projects, reshaping the concept of quality living in the city with a hoary past.

The presence of many builders in itself is indicative of the growing strength of the activity in different parts, engaged as they are in building multiple residential fiats, retail malls and fully integrated townships. Madurai is emerging as a model with all modern and international facilities for every section in the society have their ‘dream house’ fulfilled.

With leading IT companies such as Satyam, HCL acquiring lands for developing their centres, the Government intent on developing Madurai as a tier II city to facilitate the IT sector and industry bodies coming up with plans to industrialize the region, the activity has gained in momentum.

The activity gaining in momentum, year on year, the property value is escalating with the sons of the soil wishing to hold a modern space for themselves in the Meenakshipattinam. The new homeowner is young these days with prospects of further investment in their life cycle.

Emerging developers Genesis Habitat is armed with multiple credentials on adoption of global standards and technology has over 15 years of experience as a construction firm. TV ie company is very active, especially in Chennai. The projects are undertaken to provide value for money, as a lifestyle product and as an investment opportunity has an ongoing project at KMSL colony at Madurai Vairam Constructions, in the field for more than three decades, has successfully completed many projects. It has spread its activities across Tamilnadu.

At Madurai, the ongoing project ‘Vairam Vasandam’ is spread over 5 acres with a proposal for over 250 residential flats together with 12 premium independent houses. The company has earlier completed Vairam Kamalam, offering deluxe-type two bedroom flats. ‘We fulfil all your wishes’ has been the proud and guiding slogan of the company with the commitment to provide exclusive facilities at affordable price.

According to Mr.V.Durai Raj, Managing Director, most of the flats are sold at the time of bhumi pooja and the occupants are decent bureaucrats. The Chennai operations is being handled by Mr. Ganesh Durai Raj, his son.

Shiva Shelters, in the field for over a decade, is a renowned residential property developer in Madurai. Its successful projects include Sri Vaishnavi, Sri Nidhi and Sri Jannani in K.K.Nagar area and Sri Darshini, Sri Siddhi and Sri Riddhi in Chokkikulam and Tallakulam areas. The ongoing project Shri Vijayalakshmi is located at DRO Colony Road, K.Pudur, Madurai.

Sri Lakshmi Builders, with a vision and commitment are active in the Chokkikulam area. Trust­worthiness and strict adherence to approved plan with no hidden cost and affordable price are the hallmark of its functioning. The ongoing projects are Gomathi Niwas, Gowri Vilas and Ashwin Vikas in Chokkikulam area in Madurai.

Vishaal Promoters is a private limited company managed by husband-wife duo Mr.R.Elangovan and Mrs.Bhuvaneshwari. The company is engaged in flat promotion, township development and commercial complexes. A township development project, Vishaal Nagar I at Pasingapuram on the highways leading to Alanganallur and Palamedu near Madurai, has been completed on a 5-acre site comprising 120 plots for residential purposes. It has single and duplex houses of 350,450 and 550 sq.ft with whole area fully fenced. Currently, the company is engaged both in township development and flat promotion.

Vishaal Nagar II is a project under process at Pasingapuram on an area of 10 acres with a proposal to have 168 residential flats. Three projects on flat promotion, namely, Vishaal Heights, Jagadeesh Elegance and Vishaal Shiv Sakthi, are going on in full swing. While the former two projects are developed in V.P.Rathinasamy Nadar Road, the last one is developed in Anna Nagar. The commercial complex, Vishaal Mall with a total saleable area of 1.25 lakh sq.ft in Chokkikulam is in the initial stage of excavation.

Sintex Industries Limited has two divisions, textiles and plastics. The latter started in the year 1975 has 10 plants and twelve manufacturing processes and is spread across the country with manufacturing capabilities in providing house­hold products. Also, facilities for extensive finishing, assembling, metal fabrication etc have been created. A combination of varied capabilities and tool room facilities have stood the test of time in taking the company to the fore­front in offering vast array of products and solutions.

Sri Sharada Estates, Tirunelveli, established in 1999 offers dwelling places in Tirunelveli. Considering the thrust given by the government and also the experience and accolades earned through earlier projects, the company has now expanded to constructing 120 flats in an area opposite to Tirunelveli New Bus stand.

Property developers in south Tamilnadu, especially at Madurai are tire­lessly at work to position Madurai for quality living on modern lines and provide for housing to the satisfaction of local demand and emerging development of comfort as industrialization requires in the field.

Source: The Hindu Business Line

Realty/Realtors/Real Estate Guides - How to Buy/Buying Residential/Commercial/Agricultural Lands in Madurai, India

Realty/Realtors/Real Estate Guides - Buying Residential/Commercial/Agricultural Lands in Madurai, India -

There is a wonderful real estate/realtor guide from HDFC for choosing and buying land in Madurai, and in fact - anywhere in India.


* Budgeting
* Identification of Property
* Valuation
* Legalites
* Procedure of Purchase
* Technical Aspects Pertaining to Construction
* Possession

Please read the article here - Realtor/Real Estate Guide for buying land.

Sponsored by Sun City - Real Estate Agent, Madurai

RR Industries Madurai Ongoing Project: MADURAI TOWNSHIP

We have been hearing about RR Industries building the township in Madurai for IT Park. Here is their official information about their plan and township in Madurai -

This extract is from their website. Please read on -

RRI’s latest venture at Madurai, which will be developed by Rudradev Township Private Limited a Special Purpose Vehicle promoted by RRI. It will have all the core elements of function and quality with other equally essential ingredients, cutting edge technology, clean aesthetic design and affordability to produce a state of the art infrastructure facility.

It is proposed to build a township for the IT park facility just outside the city of Madurai in the name of Rudradev Township Private Limited. The main reason is that the present infrastructure in Madurai is not very good. So it is better to create the entire setup on the outskirts. The township will be one of the best in the country.

There will be no need for people staying in the township to go anywhere. It is estimated that 75000 people will work in the IT parks and a total of 90,000 people will work in the township so supporting 25000 families will be no problem.

300 acres of land is being bought for the same and may go up to 750 acres. The land is located 5 km south of the airport and 12 km south of the center of city. It is on a National highway which is being widened from a 2 lane to a 4 lane highway

The time frame being looked at is 5 years over which it is proposed to build

*
5 million square feet of IT space
*
25000 residential units
*
2 Hospitals
*
2 Hotels
*
4 Shopping complex
*
2 Multiplex
*
1 Club
*
Space for recreational activities
*
1 School
*
Water supply and sewerage system
*
Road system

LOCATION

The location of this new IT Park will be at Solankurini Village, Madurai. It is well connected by Road, Rail and Air. This site is located in an area which is classified as Industrial Zone. Electronics Corporation of Tamilnadu and SIPCOT also has plans to setup their units near to this place.

CONNECTIVITY

The proposed site is about 6 Kms from Madurai Airport and about 15 Kms from Railway Station. The proposed site is on Madurai Aruppukottai Road. In terms of road connectivity, the proposed site is well connected and has regular bus services plying on both the access roads. The roads have the potential to be made very wide.
PROPOSED INFRASTRUCTURE

The IT Park complex with multiple structures shall have the following facilities.


1. Core Software Development Center
2. Business / Convention Center
3. Infrastructure Services Block
4. Multi cuisine Cafeteria / Food Courts
5. Substations for Power and Utility services.
6. Water and Waste Treatment Plant
7. Recreation and Health Centre
8. Parking blocks /Driving range
9. Gymnasium/Walking Zones
10. Florist / Gift Shop
11. Swimming pool
12. Scenic environment with jogging tracks
13. Landscaping with arterial roads
14. Pocket parks and water bodies.
15. ISP Rooms
16. Fixed Double Glazed tinted windows for restricting heat and sound pollution
17. Electrical switchgear of excellent quality
18. Centralized water cooled power efficient Air-conditioning
19. TNEB connection for 40 000 kva
20. Back up power for 50000 kva
21. Multiple power risers with separate distribution box for each floor
22. Multiple risers at various shaft ways for data cabling
23. Smoke detection and alarm system
24. Sprinkler system / Water riser for fire safety
25. Access Flooring as per clients requirement
26. Water ring in the yard for fire safety
27. Rest Rooms for each floor and common
28. CCTV on the entire premise
29. ATMs
30. Special A/c (AHU) for server room
31. Incubation space for upcoming small units with good growth potential

The proposed facility will be compliant with the applicable international codes and standards for handicapped persons. All aspects of OSHA standard shall be taken care of in design and selection of material and services.

Here is the RR Industries Website explaining about Madurai Project

If you are interested, here is the Coimbatore Project

No agricultural land for SEZ - Madurai Lands

This is about Madurai land and other lands in india, being acquired by government from farmers.

The central government of india said no agricultural and irrigated land should be taken for Special Economic Zones.

“When a person is not ready to sell his land and it is acquired through the law, he has to be compensated financially as well as psychologically. Besides, land for land is also acceptable,” he said.

Please read more in http://www.financialexpress.com/news/No-agricultural-lands-for-SEZs-Govt/287794/

Plot map for Madurai Sun City Real Estate Agent's Land - 19 acres

There was already a post in "Madurai Times" regarding land in madurai -

http://madeinmadurai.blogspot.com/2008/03/land-for-sale-in-madurai.html

Sun City Real estate agents have accepted to post the plot map on the internet.

Here is the map -

::: iMadurai :: A Free and Complete Directory of Great Madurai - Madurai Directory - Madurai Yellow Pages::: Madurai Classifieds:::

::: iMadurai :::

A Free and Complete Directory of Great Madurai - Madurai Directory - Madurai Yellow Pages:::

A BETA version of iMadurai - a madurai directory is built and published starting today.

We believe, for all your madurai directory needs, this would be very helpful.

As we have specified, the website iMadurai.com - A Free Madurai Directory is in BETA. That means - there would be errors. If you find it, please let us know and we will fix it. This is a FREE non-profit service to Madurai community and business people.

In order for your Madurai Business to improve, any updates to the directory can be sent to maduraitimes@gmail.com

Thank you

Sun City - Real Estate Agent of Madurai

Sun City - Real Estate Agent of Madurai

Sun City is one of the best real estate agents in Madurai. They have been doing other businesses in Madurai for the past 25 years. Their approach had been professional so far and working towards maximum customer satisfaction.

Mr.Nallu samy contacted "Madurai Times", for publishing one of his land projects. Once you call the below mentioned mobile number, the agents are willing to pick you up from a reasonable location and show the plots for you.

He had released the plot map of the site with the actual area allocated to every site
and also it shows the nearby roads, PTR College, VGP, Karadikal to Madurai main road, madurai ring road, four way road, madurai dindigul highway road, NH-7 national highways road etc., The plot map is available on request. You can email to
maduraitimes@gmail.com for
getting the plot map - please have the subject as "sun city plot map request".
If you have the plot map with you, it would be easy for you to choose.

As I see, the plots are being booked too fast and there is lot of demand from NRMs and NRIs.

RUSH SOON, otherwise you might miss the opportunity.

Sun City - Nallusamy's contact details:

Nallusamy,
Muthu complex,
Opt of kalivani Theatre,
Thirunagar,
Madurai-625006
Direct Cell phone number: 9442623237

Madurai's potential explained by CII official

The Tamil Nadu government should shift investments in the automobile manufacturing sector to South Tamil Nadu as Chennai, a CII official Pradipta K.Mohapatra, Chairman, CII Southern Region said.

The government should now make Madurai a Hub for auto component manufacturing.

He said there was also a need to have Special Economic Zones on Textiles, rubber and auto spares.

Stating that quality of life would comprise quality housing, hotels, medical care, entertainment and shopping, he said more malls and multiplexes should come up. The city should also privatise garbage removal, he said.

He said Madurai and surrounding areas could also be tapped for their potential in Handicraft.