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  • Those who are interested in Sobha Meritta project and looking for referral can use this thread started by L4L to continue the business interaction after breaking ice from other threads.
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  • Thanks for sparing project specific threads. Let further discussion on this topic continue in this thread. You may just post link to this thread in project specific threads to get your point across instead of repeating same accusation in multiple threads.
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  • This thread is dedicated for your business interaction with prospects. As soon as a place is provided for you to engage in, I am sure you will spare other threads and there is no scope for heated exchanges elsewhere. Good Luck and enjoy the space!
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  • The Hindu : News / National : First unit of Kudankulam plant undergoing tests

    In the last lap of its first approach to criticality, the first unit (1000 MWe) of the Kudankulam Nuclear Power Project (KKNPP) in Tamil Nadu is undergoing a battery of tests by engineers of the Nuclear Power Corporation of India Limited (NPCIL).
    R.K. Sinha, Chairman, Atomic Energy Commission, told The Hindu that the NPCIL engineers were busy, performing “high pressure and temperature tests.”
    Additional tests

    “Additional tests have been prescribed by the regulatory body, i.e., the Atomic Energy Regulatory Board (AERB) and the NPCIL engineers would do them as well,” he said.
    “Thereafter, the regulatory body will review the results of these tests and decide on giving clearance to the first approach to criticality. One more step is required towards criticality,” said Mr. Sinha, who is also the Secretary, Department of Atomic Energy.
    The KKNPP, situated in Radhapuram taluk in Tirunelveli district, has two newly built reactors, each with a capacity of 1,000 MWe. Equipment and components of the reactors, called VVER-1000, were imported from Russia and assembled on the premises by NPCIL.
    Second reactor’s criticality

    The second reactor is expected to reach criticality in about six to nine months after the first unit is started up. The reactors will use enriched uranium as fuel and light water as both coolant and moderator. Russia will supply the enriched uranium for the entire life-time of the reactors.
    Out of the 2,000 MWe to be generated from the two reactors at Kudankulam, Tamil Nadu’s share will be 925 MWe. Karnataka will receive 442 MWe, Kerala 266 MWe, Puducherry 67 MWe and the unallocated share is 300 MWe.

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    Tamilnadu should try to get 100% power generated from this plant

    The second reactor is expected to reach criticality in about six to nine months after the first unit is started up. The reactors will use enriched uranium as fuel and light water as both coolant and moderator. Russia will supply the enriched uranium for the entire life-time of the reactors.
    Out of the 2,000 MWe to be generated from the two reactors at Kudankulam, Tamil Nadu’s share will be 925 MWe. Karnataka will receive 442 MWe, Kerala 266 MWe, Puducherry 67 MWe and the unallocated share is 300 MWe.

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    Tamilnadu should try to get 100% power generated from this plant
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  • Indian healthcare sector likely to hit $155 bn revenue by 2017


    Chennai: Attracting strong interest from private equity funds, the healthcare industry in India is expected to reach $155 billion in terms of revenues by 2017, according to a study by LSI Financial Services.

    At present the industry is pegged at $65 billion, of which 30 deals valued at $754.33 million were signed last year, the report by the Kolkata-based financial services company said.

    The report was conducted in 100 top health care companies across India. Reuters

    Stating that the healthcare sector attracts 4.6 percent of total GDP spent in India, LSI Financial Services Managing Director Rajya Vardhan Kajaria said: “There is a huge demand-supply gap in the healthcare delivery business in India.

    “The presence of public healthcare is not only weak but also under-utilised and inefficient. However, the private sector is quite dominant in this sector”.

    He said 74 percent of the total spending on healthcare in India is from the private sector and that inadequate public investment in healthcare infrastructure has given opportunity to private hospitals to take a major share of the market.

    The report was conducted in 100 top health care companies across India during the last three to four months, he said. “Government policy has not been conducive to attract specialist doctors to rural areas and so the healthcare infrastructure in such areas where 65 percent of the population live, continues to be inadequate,” the report said.

    It said while the national doctor-patient ratio was 1:1700, in rural areas it has plummeted to 1:25,000. “Healthcare indicators in rural India are significantly bleaker than those in urban areas. This is witnessed by the fact that the difference of life expectancy between urban and rural India is currently 12 years,” it said.

    The government in order to alleviate the problem, announced an increase in allocation for National Rural Health Mission to Rs 20,822 crore for 2012-13, which is more than 15 percent of Rs 18,115 crore alloted in 2011-12.

    Observing that government spending in healthcare as a percentage of GDP was lowest at the global level, the report said: “In Union Budget 2012, the government has decided to increase its healthcare expenditure to 2.5 percent of GDP by end of 12th Five Year Plan from the current 1.4 percent”. Some of the strengths of the sector in the country are high quality healthcare at competitive prices and increase in awareness in Tier-II and Tier-III cities.

    However, shortage of trained medical personnel,high capital intensive nature, inflation and rising costs were some threats for the industry, it said. The weaknesses were retaining and training nursing and clinical staff and inadequate reach of health care services in rural areas, it said.

    Taking a cue of the opportunity in the industry, the study said India would witness a large number of mergers and acquisitions in the and healthcare in 2012 as several companies were “bullish” on acquiring companies in this space.

    Some recent acquisitions include Fortis Asia Healthcare acquiring Fortis Healthcare International for $665 million, Abbott acquiring Piramal Healthcare for $3,720 million and Daiichi Sankyo acquiring Ranbaxy Laboratories for $4,539 million.

    The sector would continue to offer investment opportunities in increasing bed capacity and to medical technologies and diagnostics in Tier-II and Tier-III cities. “The preferred model is hub and spoke model. Through experimentation it has been found that the best specialty and super specialty hospitals as hub in the metros and tertiary and primary hospitals as spokes in rural areas”, it said.

    Speciality sectors like cardiology, neurology and joint replacements are likely to attract most investment in bigger cities.On the outlook for the industry in India, it said: “Due to demand-supply mismatch, there is enormous potential for growth in Central India followed by the eastern and North-astern region”.

    “With a decline in cost resulting from rupee devalution against US Dollar, medical tourism from developed countries becomes attractive.However, in future the big thrust in this area would come from Africa, Bangladesh,” it said.
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  • Chennai Real Estate Agent Association

    Chennai Real Estate Agents Association - a non profit entity started in 1999, formed by competently Professtional people who are principal Real Estate Consulting Companies based in Chennai.

    A decade back, few like minded people united together and conceded this association called CREAA, which now has people, who are and been catering to multiple national Companies and Individuals in the areas of Commercial, Rental, Lease, Retail, Layouts and Residential Flats and Real Estate consulting for more than a decade across the state.

    CREAA - proficiently called, has completed a decade and is gaining popularity among the public and also among many realtors, who want to become a member in this association and have started to enter our doors for membership.

    Across the globe CREAA website will reach to millions, through its association with NAR-India (National Association of Realtors-India) - NAR (USA) and ICREA (International Consortium of Real Estate Associations - Search properties and real estate professionals around the world on WorldProperties.com.).

    In the year 2008, CREAA incorporated itself as a member of NAR India (National Association of Realtors India) at a grand function held in Bangalore. At the same function NAR India with all its associate members was inducted as a member of ICREA (International Consortium of Real Estate Associations).

    Some of the members of CREAA may be members of IREF too :)
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  • Engineering colleges up for sale:

    The Hindu : Cities / Chennai :

    This is pathetic!
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  • Good news for builders focussing exclusively on low income group and EWS housing. Eligibility criteria is 60% of FSI must be utilized for this purpose and unit size must be 60 sq m (645 sq ft) or less.

    Builders can avail this facility along with additional FSI for EWS units permitted in MRTS zone to bring down construction cost.

    Giving a big thrust to low-cost housing, the Reserve Bank of India has allowed property developers to raise money overseas through external commercial borrowing (ECB) for funding such projects. Housing finance companies can also avail of ECB for financing prospective owners of low-cost housing units. The RBI has fixed an aggregate limit of $1 billion for fiscal 2012-13 under the scheme which includes ECBs to be raised by developers, builders and NHB or specified HFCs, the RBI said.

    According to the RBI, a project in which at least 60 per cent of the permissible FSI (floor space index) would be for units having maximum carpet area up to 60 square meters would be eligible for the purpose of ECB. The eligibility of slum rehabilitation project for ECB will be based on the parameters to be set by the Central Sanctioning and Monitoring Committee of the Affordable Housing in Partnership Scheme.

    Interest rates in the US and Europe are around one per cent. The all-in-cost ceiling for ECBs with average maturity of three and up to five years is six months Libor (0.52 per cent) plus 350 basis points, which is much cheaper than rates in India. As per RBI rules, ECB money can’t be used to speculate in stock markets and real estate.
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  • Why is this thread turning into another news thread, when we already have one? Better to continue existing discussions from other threads here!
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  • Good Point VP sir, i hope L4L who started the thread will have some other rationale.

    Originally Posted by vettipayyan
    Why is this thread turning into another news thread, when we already have one? Better to continue existing discussions from other threads here!
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  • About one person

    I do not like my land and hence I run away and I am jobless and hence I am posting messages 24x7 . Does it sound good . Yes until last September when I received referral bonus from some projects on Non MERIT(TA) basis but not now . TA stands for Travelling Allowance . So I started this thread after having failed in Archean, Hira and other areas. What I can do Mr Arunag ( Sorry you are called as Anurag in other posts by that person) .

    Please Arunag, Do not bowl the ball to take wicket and at the same time do not throw ball on my face too .

    About me

    But I will not allow others to move the football from Shol to Siruseri and then to V-K stretch definitely though I will never allow you to take someone through Thoraipakkam stretch by telling Radinace is VFM and diverting them to Pallavaram and through Medavakkam high road to V-K Road to reach Merit by demerits.

    General thread is really boring and let us stop until tomorrow 3.30 am in IST as someone will wake up early morning elsewhere with iPad or sit on top of it and post Hindu and TOI links even before we pick our paper and open for reading .

    I request as many members as possible to thank for this post before creating fake IDs or calling others " Are you Surekaec"

    I know MGR and Sivaji also through Economist but requires 3D glass to view Latest Sivaji though I can turn Idly several times to make it like Dosa finally
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  • The other thread deals with Chennai specific news.

    This thread can be used to post news that can affect real estate in Chennai - Like Koodankulam power plant issue that can mitigate power supply situation.

    Also some members who want to settle personal scores can spare the project thread and do it here without disturbing those looking for project specific information. I can already see some members cooperating :)
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  • Excellent initiative ;)
    Originally Posted by Love4land
    The other thread deals with Chennai specific news.

    This thread can be used to post news that can affect real estate in Chennai - Like Koodankulam power plant issue that can mitigate power supply situation.

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  • RAGS21 and other forum members who might be amused over the on-going tirade with Love4land -

    Please take cognizance of the fact that none of the folks who slam Love4land are involved in any diatribe with any other member in the forum. There are some healthy discussions (example, the discussions with Ramchi) where there are disagreements on how OMR fares and each view is supported with data points. Everyone is entitled to a view and is free to express it in the relevant context with relevant data points.

    Whereas, Love4land is totally insensitive to the context of any discussion and butts-in with his own ulterior agenda and posts absolute nonsensical opinions without any tangible data points. He is poorly informed of many of the projects, locations on/off OMR. However, he posts views / opinions as though he is the chairman of CMDA with all the information on the master plan in his fingertip.

    When confronted, he will accuse that person as a fake-ID or as a builder's agent. He will never substantiate his views with any tangible data. He has been asked by many members to refrain from such crap posts and restrict his posts to only those area where he has some knowledge and can back his views with tangible data points.

    If only he could listen... Mav made a point about his I/O operations way over-clocked compared to CPU capacity. I beg to differ. For Love4land, it is only O (no I/). If the I/ part was working he would not be what he is...
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  • Well said and nicely put, bloodandsand.

    I stand corrected with your O without I in I/O comment !

    Mav
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