arin_12

No more SEZ or Land Conversion. Else you will die without Food in your stomach but with lots of money in hand.

ks2071746

Dear friend,

Not many companies will come to Trichy SEZ. I gather that some 2 years or so back the land in this area were go abegging even for less than Rs. 30000 per ground of 2400 sq. ft and there were no takers. RE people used to offer on interest free instalment of Rs. 1000 per month for the next 30 months or so and still there were no takers. Once the talk of SEZ site identification news came, the prices shot up to 10 times. I am sure this IT park may not take off in the near future and any one investing today may have to wait for decades for any worth appreciation. A lot of politicians from TN both from the ruling party and the opposition parties alike have invested here and bought tens & hundreds of acres of land here waiting for fast appreciation and quick buck, afterall these are out of their BM (black money) under benami names/deals.

ks2071746

iteampragash

Tiruchi is poised to serve as a model for IT growth in tier-II cities in Tamil Nadu, according to Minister for Information Technology Poongothai Aladi Aruna.

Tamil Nadu has pioneered the initiative to showcase the potential for accelerating IT development in tier-II cities. The Empower IT conclave at CARE School of Engineering on December 4 involving participation of over 10,000 from 106 professional and arts and science colleges in eight central districts will project Tiruchi as a potential investment location to front-ranking IT companies, Ms. Poongothai said addressing a press conference on Tuesday.

Chief Minister M. Karunanidhi has envisaged Empower IT as a forum to sensitise the student community to the requirements of IT industry with the larger objective of expediting economic growth in the State, Ms. Poongothai said. The event will be graced by Member of Parliament Kanimozhi, Ministers K.N. Nehru and N. Selvaraj, Secretary of IT Department P.W.C. Davidar, and CEOs of IT/ITES industry, she said.

To a query on the progress of works at the Tiruchi IT Park in Navalpattu, the Minister said the internal infrastructure works would be completed in three months. Construction of the 50,000 sq feet building would be completed in ten months.

According to Santhosh Babu, Managing Director of ELCOT which is organising the event in association with NASSCOM, Empower IT will showcase the quality of human resources in the region to the 50 participating IT companies. Chief Executive Officers of various IT companies are expected to address the students. Prize-winners of various competitions held on November 29 in 10 nodal colleges would be honoured at the conclave, he said. Along with Collector T. Soundiah, Vice-Chancellor of Bharathidasan University M. Ponnavaikko, Mr. Babu, and NASSCOM Regional Director K. Purushothaman, the Minister earlier chaired a preparatory meeting attended by principals of engineering and arts and science colleges. Chairman of the host institution K.N. Ramajayam also took part.

http://navalpattu.in/

drsvijay

Hello guys, I just went to see Morais city in Trichy, about 1.5 kms from trichy airport in KK Nagar. They are quoting 650/sq.ft. I want to know if its worth the price or has anyone bought plots there.