Jul 29 2008, Kanchipuram:
Work began to start acquiring the land to convert the Kanchipuram to Padappai road as four lane road, the road
side trees are also getting removed now. The projected cost to expand Kanchipuram to Padappai road and
Sriperumpudur to Singaperumalkoil is Rs. 300 crores.
The road from Vandaloor to Valajabad via Oragadam is known as Padappai road that connects Chennai and
Kanchipuram, an alternate road for Chennai - Bangaluru highway. Padappai road and Sriperumpudur to Singaperumalkoil
road meets at Oragadam, known as "Oragadam kootu road".
Sriperumpudur to Singaperumalkoil road connects Chennai - Bangaluru and Chennai - Dhindukkal highway.
As there is going to be a SIPCOT in Sriperumpudur to Singaperumalkoil road in about 2000 acres, lots of new
industries and heavy truck movement, CM announced the plan to extend the road in 2006 - 07. In addition, there
are three engineering colleges also in these roads.
Sriperumpudur to Singaperumalkoil road is 24.6 km and Vandaloor to Valajabad road is 33.4 km
with the total length of 56 km. The road from Sriperumpudur to Oragadam will have
six lanes and remaining with four lanes and there will be flyover in Oragadam kootu road.
The nearby villages in Padappai road (Vandaloor to Valajabad) are Adhanacherry, Panapakkam,
Vanchuvancherry, Umaianparangcherry, Cherrappanagcherry, Nariyampakkam, Karachangal,
Oragadam, Ezhichur, Pandruti, Varanavasi, Mettupalayam, Aarambakkam, Uthukkadu, Vembakkam,
Devariyampakkam, Kunnavakkam, Thalampattu, Aloor, Eraiyamangalam, Vattambakkam, Eraiyur,
Vaipur, Sirumathur, Samadhuvapuram, and Mannivakkam.
The nearby villages in Sriperumpudur to Singaperumalkoil road are Bondur, Vallam, Vadakal,
Vallakkotai, Matthur, Chennakuppam, Vatakkupattu, Aadhanur, Chandhamangalam, Appur,
and Thirukachur.
Ref: Dinamalar
Jul 19 2008, Kanchipuram:
Government announced the price for the lands that are acquired for SIPCOT extension near Sriperumpudur in the
villages Pillaipakkam, Navalur, Vengkadu and Irumpedu. In order to protect the best interest of the land
owners, the price is based on recent sale price in the area, market value and guide value.
The land price in Navalur village is fixed as
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Main road approved ground : Rs. 4,80,000 per ground or Rs. 200 per sq ft
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Sub road approved ground : Rs. 3,60,000 per ground or Rs. 150 per sq ft
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Unapproved ground in the main road : Rs. 3,00,000 per ground or Rs. 125 per sq ft
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Unapproved ground in the sub road : Rs. 2,40,000 per ground or Rs. 100 per sq ft
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Farmland in the main road Rs. 25,00,000 per acre
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Farmland in the sub road Rs. 22,00,000 per acre
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Farmland with no approved road Rs. 18,00,000 per acre
The land price in Vengkadu village is fixed as
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Main road approved ground : Rs. 3,60,000 per ground or Rs. 150 per sq ft
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Sub road approved ground : Rs. 3,00,000 per ground or Rs. 125 per sq ft
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Unapproved ground in the main road : Rs. 2,40,000 per ground or Rs. 100 per sq ft
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Unapproved ground in the sub road : Rs. 2,00,000 per ground or Rs. 83.33 per sq ft
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Farmland in the main road Rs. 20,00,000 per acre
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Farmland in the sub road Rs. 18,00,000 per acre
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Farmland with no approved road Rs. 15,00,000 per acre
The land price in Irumpedu village is fixed as
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Main road approved ground : Rs. 2,40,000 per ground or Rs. 100 per sq ft
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Sub road approved ground : Rs. 2,00,000 per ground or Rs. 83.33 per sq ft
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Unapproved ground in the main road : Rs. 1,75,000 per ground or Rs. 72.91 per sq ft
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Unapproved ground in the sub road : Rs. 1,50,000 per ground or Rs. 62.50 per sq ft
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Farmland in the main road Rs. 14,00,000 per acre
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Farmland in the sub road Rs. 12,00,000 per acre
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Farmland with no approved road Rs. 10,00,000 per acre
The land owners who are interested in making use of this benefit will have to send the proper documents
by register post to the following address before August 31 2008.
Special Thasildar Thiru Azhagu,
Irunkadukottai Expansion Scheme,
39 A, CSI Scholl Road,
Nehru Street,
Sriperumpudur
The application form can be downloaded from
http://www.kanchi.tn.nic.in/
or
http://www.sipcot.com/
or collected in person during the office days between 11:00 am and 5:00 pm.
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Jul 19 2008, Chennai:
Tamilnadu government launched a website called
http://www.eservices.tn.gov.in/
to validate the land ownership through online.
The patta and survey numbers are required to check the land ownership using this service. Currently, this
service can be used to validate the ownership for the agricultiral land and non municipal, non corporation
and non natham land.
This anytime and anywhere service is the great help for the people who own / buy the agricultural land and
it is our hope that this service will be extended for the non agreecultural land as well.
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Feb 16 2008, Chennai:
This could be a good time to buy an affordable home in Chennai. Divya Rajagopal reports that the city's developers
are cutting rates in the middle-income housing segment.
The dream home in Chennai could be soon a reality and easy on the pockets too. Property developers in Chennai are slashing
prices for houses in the mid-segment range. Vijayshanti Builders, who are primarily into premium housing, have introduced
five projects across Chennai at a range of Rs 2600-2800 per sq ft. Not only that, they are also offering to pay up the pre-EMI
interest for the buyers.
"For a mid segment when someone plans a house, he has got the budget fixed and he has to make that payment. Now with the rate of
interest going up, his budget turns completely upside down and he finds it difficult, so we have come up with both the options at
26 and 28" says Suresh Kumar, MD, Vijayshanti Builders.
Marg Constructions has also launched a project offering the same range. The trend was started off by DLF. The realty company
competitively priced its first phase of 900 flats at in the city at a price of 2800 per sq foot and the result was a predictable
sell-out! Analysts say the developers are finally catering to their customers.
"I think we need to look at what is the purchasing power, what is the affordability of that segment of population and then build
the house, which those guys can afford and not look,” adds Ananth Narayan, Jones Lang Lasalle Meghraj.
The slack of past 8 months have shown that over valuation will not push the realty market with most of the builders deciding on
affordable houses and also a possibility of a cut in the interest rate. This could prove to be a boost for the mid segment buyer.
Ref: Money Control
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Nov 02 2007, Chennai:
With plans for a bullet train, a six-lane highway and an extension of the metro rail from Chennai to Bangalore to bring the
two cities closer, a proposal to develop an industrial corridor between the two fast-growing cities is expected to give a further
fillip to economic growth in southern India.
The Confederation of Indian Industry (CII) Thursday welcomed the proposed corridor, mooted by Tamil Nadu Chief Minister M. Karunanidhi
to the prime minister on the lines of an industrial corridor planned between Delhi and Mumbai. Under its City Connect programme, the
CII has held several discussions with senior officials of the Tamil Nadu government to develop the new corridor.
"The Chennai-Bangalore industrial corridor would go a long way in tapping the potential of the two states to attract investment and
help creation of a skilled workforce," Gopal Srinivasan, chairman of the CII's Tamil Nadu Council, said.
"The establishment of such an intra-state corridor would ensure inclusive, sustainable and balanced regional growth," he added.
"Intra-state corridors also help facilitate the convergence of industry verticals. The Bangalore-Chennai corridor would give the
much needed impetus to niche areas and help in the promotion of engineering services in a big way, apart from effectively leveraging
the strengths of the IT and electronics industry in south India," he pointed out.
Sriperumbudur, to the west of Chennai, is already the most industrialised zone in Tamil Nadu with an array of top automobile majors and other MNCs setting up their manufacturing bases. Sriperumbudur and Chennai are home to 110 automobile and ancillary industries. Tamil Nadu exports auto components worth about $250 million per year.
The government has allocated Rs.3 billion to upgrade two key highways - the industrial artery to Sriperumbudur which is destined to
become a six-lane highway and the Rajiv Gandhi Road or the Old Mahabalipuram Road, now known as Chennai's IT highway, says Tamil Nadu's
industry secretary Shaktikanta Das.
The Madras Export Processing Zone (MEPZ) has submitted a detailed development plan to the Ministry of Railways for rail connectivity
to Sriperumbudur, about 80 km from here.
Approval for a railhead near Sriperumbudur, linking it with south Chennai, and a second line to access Ennore and Chennai ports are
in the offing. Two other roads are being made to link SEZs in the Sriperumbudur-Kancheepuram area with the airport.
A third rail line is to link technology parks and IT companies like TCS, Satyam and Wipro along the Rajiv Gandhi Road to Siruseri,
a fast-emerging SEZ.
In the offing is also the Rs.50.6 billion Chennai Metro Project to link Chennai to Sriperumbudur.
Mahindra World City, 30 km from Chennai airport, is monitored by the MEPZ and has about 80 companies including the TVS Group and BMW.
The companies here hope to export products worth Rs.80 billion by 2012.
Chennai airport is south India's largest airport with more than 270 passenger flights and more than 30 cargo flights out of it every week.
Tamil Nadu has been lobbying for a bullet train between Bangalore and Chennai, 450 km apart, for some years. At present, it takes
about four hours by train to travel between the cities.
Ref: New Kerala
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Oct 22 2007, Chennai:
Data available with the Registration Department reveals that the number of property transactions in Chennai and its suburbs
in Kancheepuram and Chengalpattu districts has come down substantially in the last two months.
In May 2007, the number of documents registered in the five district registrar offices was 51,583. Of these, 80 per cent was
property-related. In September, the volume came down to 36,748. Property transactions in the suburbs in Chengalpattu district,
including Sriperumbudur that had the highest volume of transaction in the State, dropped by 30 per cent. The market has been
experiencing a lull in the last few months.
Senior Registration Department officials have been observing a slow-down in transactions, and the data compiled recently confirms
this. A.V. Ramasamy, chairman, Builders’ Association of India’s southern centre, attributes the slowdown to the wait-and-watch
attitude of buyers who, he reckons, are not willing to buy at the current prices.
C.H. Gopinath Rao, former national president, Institution of Valuers, says property dealers had bought land at high prices. In
some cases they had paid huge sums in advance. They don’t want to sell now as the prices are falling. He says the increase in
guideline values is not a reason for the slowdown. They have been raised within the city, but remain well below the market value
in the suburbs. The additional rise in property cost due to guideline values is only marginal. The property values went spiralling
even after the revised guideline values were put up for public opinion in 2006.
However, the revenue through stamp duty and registration charges has not dropped. The upward revision in guideline values, between
50 and 150 per cent, which have been in force since August 1, helped to stabilise the revenue collection.
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Aug 18 2007, Chennai
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Singaperumalkoil – Sriperumbudur road : 24.60 Km
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Vandalur – Walajabad road : 33.40 Km
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Total : 58.00 Km
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The Government announced during last year a distinguished expressway is to be
developed in the state. Industrial parks, Special economic zones, IT parks and
integrated Townships will be located along the Expressway which will connect
Airports and Ports. As a part of this mega project, infrastructure development
plan for Oragadam industrial park is being prepared.
Under this scheme, as an industrial park and industries are being developed in
Oragadam area in between the NH4 and NH45, the Government have sanctioned the
scheme for widening and strengthening the following roads at a cost of Rs.300
crores to develop the road infrastructure in the area:
Detailed Project Reports are being prepared through consultants for widening
Singaperumalkoil-Sriperumbudur road and Vandalur-Walajabad road, and the 12.6
Km stretch of road from Singaperumkoil to Oragadam junction connecting NH 45
and NH4, to four lane and widening of 12 Km stretch from Oragadam to
Sriperumbudur to six lane and widening of 20 Km stretch in Vandalur-Walajabad
road from Vandalur to Oragadam to four lane, and Strengthening 13.4 Km length
of two lane stretch from Oragadam to Walajabad and construction of over bridge
at Oragadam junction.
On receipt of Detailed Project Reports, action will be taken to acquire lands
through Revenue Department. The Government have sanctioned Rs.56 crores for
meeting land acquisition cost and after finalization of land acquisition
proceedings, the road works will be taken up for execution in the current year.
A provision of Rs. 20 crores has been made in the current year for road works.
Ref: http://www.tn.gov.in
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Aug 18 2007, Chenai:
While moving the demand for Industries Department during 2006-07, Hon’ble Chief
Minister announced the creation of Industrial Corridors of Excellence.
Accordingly, the Government have sanctioned a new Corridor of Excellence in
which Industrial Parks, Integrated Townships and Special Economic Zones will be
located with better connectivity to Airports and Ports in Oragadam area at a
total cost of Rs. 300 Crores.
Ref: http://www.tn.gov.in
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Aug 18 2007, Chennai:
Chennai Bypass from Tambaram to Maduravoyal for 19 km was constructed under
Phase-I, during 2002 with two lane carriageway. Now, under phase-II widening to
four lane including service roads and formation of bypass from Maduravoyal
(NH4) to Puzhal (NH.5) for 13 Km has been taken up by National Highways
Authority of India at a total cost of Rs.405 crores.
Ref: http://www.tn.gov.in
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Aug 18 2007, Chennai:
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IIT in Madurai
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IIM in Coimbatore
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IISER in Trichy
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Tamil Nadu is pitching for its share in the Independence Day educational
bonanza.
Chief Minister M. Karunanidhi has requested Prime Minister Manmohan Singh to
set up a new Indian Institute of Technology in Madurai, an Indian Institute of
Management in Coimbatore and an Indian Institute of Science, Education and
Research in Tiruchi.
In his Independence Day speech, the Prime Minister had announced the
establishment of eight IITs, seven IIMs and five IISERs.
In a letter sent to Dr. Singh on Saturday, Mr. Karunanidhi said that setting up
these institutes in Tamil Nadu would give a fillip to the State’s educational
agenda and boost its industrial potential.
“Tamil Nadu has always given great emphasis to education, particularly to
technical and professional education. The State has made consistent efforts to
make colleges and polytechnics accessible and affordable to all the people. The
availability of such skilled manpower has enabled the State to attract huge
investments in industry and business,” the letter said.
The Chief Minister expressed confidence that the Prime Minister would take a
favourable decision and locate these premier institutions in the State. “This
will enable Tamil Nadu to achieve its dream of providing quality higher
education and vocational training to a large number of aspirants, and in the
process augment the human resource development and sustain the pace of
industrialisation and employment generation,” said Mr. Karunanidhi.
The Chief Minister welcomed the Prime Minister’s announcement of setting up
colleges in districts that had a low-level of enrolment, and providing
government support to new high quality schools in every block, Industrial
Training Institutes, polytechnics, vocational schools and skill development
centres. The Prime Minister had announced a Mission on Vocational Education and
Skill Development to open 1,600 ITIs and polytechnics, 10,000 vocational
schools and 50,000 skill development centres for 100 lakh students to get
vocational training.
Ref: The Hindu
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Aug 18 2007, Chennai:
CHENNAI: Electrotherm (India) has launched its battery operated electric two-wheelers, Yobykes in Chennai. These two-wheelers are
available in the price range of Rs. 16,000 - 36,000. Yobykes was launched in February 2006. According to a release, all the range
of vehicles are approved by ARAI (Automotive Regularity Authority of India).
Ref: The Hindu
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Aug 14 2007, Trichy: Minister Stalin announced the plan to start the special
economic zone for Perambaloore.
In order to increase the job opportunity, the government would initiate the
plan for expanding the Bell plant at Trichy which would generate 2000 direct
jobs and 50,000 indirect jobs as per the Minister.
Ref: Dinakaran
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Aug 13 2007, Chennai: Ashok Leyland, leading commercial vehicle manufacturer
and the flagship of the Hinduja Group in India, and Shriram Transport Finance
Company, the largest asset financing NBFC in the country today announced their
strategic partnership in Ashley Transport Services Limited.
The equity capital of Ashley Transport Services is held by Ashok Leyland and
group at 60% and Shriram Transport Finance Company at 40%.
Ref: http://www.ashokleyland.com/
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Aug 14 2007, Kanchepuram: To meet the growing need of Oragadam, Sriperumpudur,
the government allowed to open a police station. The village in the 5 km radius
from Oragadam will be moved under the new station.
Chennakuppam, Mathur, Vaipur, Parinjambakkam, Vattambakkam, Valaiyankaranai,
Vadakkupattu, Ezhuchur, Panruti, Mettupalayam, Oragadam, Karanai Thangal,
Panappakkam, Umaiyalpanagcherry, Pudukottai, Madharpadi, Ennampoondi,
Madhuvanthangal, Panaiyoor, Panruti Kandikai, Puthanoor villagee that are in
the Manimangalam police station will come under the Oragadam station.
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