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IT is Hot Property in Coimbatore

Last updated: August 24 2020
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  • Re : IT is Hot Property in Coimbatore

    Property tax in Coimbatore higher than Chennai

    Coimbatore Consumer Cause, a consumer forum, has petitioned the department of municipal administration and water supply to modify the tax to ensure parity across the state.Nivedha Selvam | TNN | July 29, 2019, 11:00 IST


    COIMBATORE: City residents don’t seem to be aware that they are shelling out more on property tax than their counterparts in Chennai. While Chennai residents until recently used to pay tax rates that were set in 1998, for city residents the same was revised upwards twice in 2008 and 2018.

    Coimbatore Consumer Cause, a consumer forum, has petitioned the department of municipal administration and water supply to modify the tax to ensure parity across the state.

    The state government usually revises property tax once in 10 years. “After 1998, the state government revised the property tax for all the local bodies, except Chennai greater corporation, in 2008. During then, property tax for residential buildings was hiked by anywhere up to 25%, while industries and commercial buildings saw their taxes going up by anywhere up to 100% and 150%, respectively,” said K Kathirmathiyon, of Coimbatore Consumer Cause.

    In an RTI reply, the state government had confirmed that they hadn’t revised property tax for Chennai greater corporation in 2008 and they had been following the 1998 rates until recently, he said.

    Last year, the government had revised the property tax again for all the local bodies, and this time the Chennai greater corporation wasn’t excluded.

    However, while tax percentage for Chennai was increased from the 1998 rates, others saw a hike from the 2008 rates. “The change in base year would have a cascading effect on the tax amount paid by the tax payers in other parts of the state,” Kathirmathiyon said.

    For other local bodies, he said, the state government had last year hiked the property tax for residential buildings up to 25% from the 2008 rates. For industries and commercial buildings, the tax rates went up to 100% and 150%, respectively. “The revised rate had come into effect from April 1, 2018. Local bodies have now started sending notices to the property owners, asking them to pay the arrear amount.”

    Kathirmathiyon wanted to know why people in other parts of the state should have to pay higher tax amount than those in Chennai. “It is a sort of discrimination and injustice to the public. The state government should take steps to ensure that tax percentage is equal across the state. We are not against the revision of property tax, but we are opposed to the discrimination between property owners in Chennai and others outside.”











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    • Re : IT is Hot Property in Coimbatore

      Encroachments removed from Fathima Nagar


      TNN | TNN | Updated: Aug 14, 2019, 4:01 IST


      Coimbatore: The city corporation demolished as many as nine houses constructed on a water channel at Fathima Nagar near Karumbukadai in the city on Tuesday.

      Eviction notices were issued to the occupants of the houses and alternative accommodation was provided to them at the housing unit of the Tamil Nadu Slum Clearance Board at Ukkadam for free, city corporation officials said.

      According to the officials, the decision to remove the encroachments was taken following the recent incessant rain during which water had flooded the houses in Karumbukadai area. “As the houses were constructed encroaching Rajavaikal connecting Ukkadam Periyakulam to Noyyal the area of the canal had shrunken, which was evident when the current map was compared with that of 1930. With the houses on, it was impossible to desilt the canal, which was filled with bushes and domestic waste. As a result, water had entered the houses during the recent rain,” said Syed from Osai, an environmental organization.

      The residents extended support to the eviction drive, he added.










      https://timesofindia.indiatimes.com/...w/70666448.cms
      Last edited August 14 2019, 06:09 AM.
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      • Re : IT is Hot Property in Coimbatore

        Community apartments on the rise in Coimbatore

        They say homes from Rs 30 lakh to Rs 60 lakh were the ones that usually move fast.TNN | September 14, 2019, 14:00 IST

        COIMBATORE: While realty developers are developing and promoting more community apartments in the city and surroundings, flats in these apartments may not be selling as fast as they used to, say developers.

        A walk around the 30 stalls at Credai Fairpro 2019, the Confederation of Real Estate Developers Association of India’s (Credai) ongoing property fair in the city, shows all developers promoting their community apartment projects in localities in and around the city.

        They say homes from Rs 30 lakh to Rs 60 lakh were the ones that usually move fast. People prefer these as they have a sense of safety and accessibility to a range of facilities these community apartments offer.

        Along with facilities such as gyms, spas, swimming pools, halls, and play areas, some developers of community apartments have also brought in facilities such as malls and co-working spaces.

        Though the trend of community apartments was catching up in the region, developers say currently flats were not selling as fast as they used to.

        K Gopalakrishnan, a representative of Cordon Bleu Properties and Infrastructure Pvt Ltd, which has developed Central Park, a community apartment on Sathy Road, said now it takes two years for them to sell flats that they would have sold in one year earlier.

        While the price of flats in these apartments range from around Rs 10 lakh to Rs 2 crore, flats whose price fall between Rs 30 lakh and Rs 60 lakh were the ones which were more preferred. “In today’s market conditions, flats which cost more than Rs 60 lakh are not moving,” said S Kapilraja, deputy sales manager of XS Real, a realty developer.

        Also, to accommodate the available budget of customers, the type of apartments was also changing, said Surender Vittel, president of Credai, Coimbatore. “Earlier we were going for larger apartments now the size of the units has reduced,” he said.

        Developers said with the realty in Chennai reaching a saturation, they were viewing Coimbatore as the next potential location for development. H Surendran, marketing manager of Salarpuria Sattva Group, says they have done around 200 projects in Bengaluru and their first project in Tamil Nadu was on Avinashi Road, as they see the city to be a potential market.


        The main consumers of these community apartments were salaried people and techies who live in nuclear families, said developers. “They mainly opt for this as they have safety and as their children get to have a better social life in these communities,” said Sanjana Vijayakumar, co-founder of Town and City Developers.

        Speaking about the Credai Fairpro 2019, Rajiv Ramaswamy, secretary of Credai, Coimbatore, said this year they were seeing more people coming in with a genuine interest to buy.

        “While we saw a business of Rs 150 crore last year, we seek to reach Rs 175 crore this year. Normally it would take around six months for this to actualize,” he said. He said the fair this year had a wider range of products for a diverse range of buyers.












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        • Re : IT is Hot Property in Coimbatore

          Coimbatore: Work on houses under Indira Awaas Yojana yet to be completed

          A Chitra, a resident, said she was overjoyed at the very thought of shifting to a concrete house from her dilapidated hut and that the excitement had faded over the years.Nivedha Selvam | TNN | October 09, 2019, 11:00 IST

          COIMBATORE: The residents of Badrakaliamman Colony in Anaimalai taluk were an excited lot when they were allotted concrete houses under the Indira Awaas Yojana in two phases in 2015 and 2016. Years later, they still live in their huts, as construction of their new houses are yet to be completed.

          A Chitra, a resident, said she was overjoyed at the very thought of shifting to a concrete house from her dilapidated hut and that the excitement had faded over the years.

          Sanctioned in 2015, the contract to construct the house was given to a contractor, who was recommended by Thatthur panchayat. Almost four years have lapsed, but the contractor has constructed only a single-storeyed structure without any compartment and toilet.

          “It took them four years to construct a single structure and fix doors and a window. We have been asking them to construct at least a wall across the house to separate kitchen from the living room. We don’t know how long it would take them to do that,” Chitra said.

          She said she had quit her job, which earned her nearly Rs 300 a day, to work along with the contractor to build the house. “Wage for working at the construction site is credited under the Mahatma Gandhi National Rural Employment Guarantee Act and the mason takes it directly,” Chitra said.

          To speed up the work, she said, they had hired one or two labourers at Rs 500 each a day. “The mason won’t turn up for work every day. So, the work is delayed.”

          The hut she and her family live in is in a dilapidated condition. During the rain, water leaks through the roof. Rainwater also enters the hut through entrance, as there is no place for it to drain. The story isn’t different for other residents in the area. The residents continue to defecate in open, as they don’t have toilets.

          A source said a total of 40 houses were sanctioned in the village under the Indira Awaas Yojana. “While 17 houses were sanctioned in 2015, the remaining were allotted in 2016.”

          Like Chitra, others are also waiting for the new houses, the construction of which is progressing at a snail’s pace.


          After witnessing the plight of Chitra and her neighbours, a couple of residents had hired their own masons. “The masons, who are recommended by the panchayat, are not regular at work. In most cases, they leave before completing the entire work. So, we hired our own mason and designed the house. We commenced the work a year ago and have already constructed two rooms,” said M Sumathi, 42, another resident.

          Thatthur panchayat officials were, however, not available for a comment.

          The Indira Awaas Yojana, now renamed as Pradhan Mantri Gramin Awaas Yojana, is a social welfare flagship programme to provide financial assistance to construct houses to below poverty line people in rural parts of the country. Under the programme, the beneficiaries are given a sum of Rs 1.70 lakh each in several instalments.














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          • Re : IT is Hot Property in Coimbatore

            NGT imposes Rs 8 crore fine on Coimbatore's KGISL Trust for construction sans eco-clearance

            The firm had in 2010 proposed to construct the 37,000sqft-big building at Keeranatham, an IT hub in Coimbatore. The project titled 'Platina' has more than 400 residential units.Ram Sundaram | TNN | January 22, 2020, 18:00 IST

            The southern zone of National Green Tribuanl (NGT) has imposed a fine of Rs 8 crore on the city-based KGISL Trust for constructing a multi-storeyed apartment without obtaining environmental clearance.

            The firm had in 2010 proposed to construct the 37,000sqft-big building at Keeranatham, an IT hub in Coimbatore. The project titled 'Platina' has more than 400 residential units.

            It is mandatory for firms to obtain prior environmental clearance (EC) while constructing apartments of this magnitude, according to Environment Impact Assessment (EIA) Notification, 2006.

            However, KGISL started constructing the flats before obtaining EC, said petitioner V Sankara Subramanian, an environmental activist from Tirunelveli.

            The State Environment Impact Assessment Authority (SEIAA) too confirmed the violation in its letter to Tamil Nadu Forest Department Secretary in May 2013.

            SEIAA further recommended Tamil Nadu Pollution Control Board (TNPCB) to initiate legal action against the firm for the said violation under section 19 of the Environment (Protection) Act, 1986.

            District Environmental Engineer, Coimbatore North filed a case with the local Judicial Magistrate against B Ashok, managing director of the firm, R Maheswaran, vice president and others.

            Meanwhile, the construction was completed and all flats got sold out soon.

            KGISL in response argued that the Union Environment Ministry had issued a notification for regularising EIA violation projects and they were following provisions within stipulated deadline mentioned in the notification.

            On hearing both the sides, NGT SZ members -- Justice K Ramakrishnan and Saibal Dasgupta -- directed the firm to deposit the initial penalty amount before Central Pollution Control Board (CPCB) within two months.

            The members also government to form a committee with representatives from pollution control boards and other related government agencies. This joint-committee has been told to submit an inspection report soon.








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            • Re : IT is Hot Property in Coimbatore

              Coimbatore: Search on for sustainable model to process construction debris

              The company is likely to submit its report at the earliest. Based on it, the civic body is expected to come up with a feasible model for the city. Nivedha Selvam | TNN | January 27, 2020, 15:00 IST

              COIMBATORE: The city corporation has tied up with a German firm to study the models that are followed in other cities in India and abroad to collect and process construction and demolition waste. The company is likely to submit its report at the earliest. Based on it, the civic body is expected to come up with a feasible model for the city.

              Pointing out that the Coimbatore Builders and Contractors Association had come forward to sponsor machinery to process the construction and demolition waste as a part of its corporate social responsibility (CSR) activities and that a team had visited such waste processing centres in Ahmedabad and Hyderabad, corporation commissioner J Sravan Kumar said they had also tied up with Germany-based Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH to study the models adopted in other cities and foreign countries to streamline the entire process.

              “The firm is expected to submit the report by this month-end and the project is expected to commence within April,” he said.

              The study is to find out how much is charged from the public, who transports the debris to the waste processing centre, and how debris are reused. “It will also look into whether the model is implemented as a public-private partnership or corporation has taken full responsibility. We need to adopt a suitable model,” he said.

              Earlier, the construction and demolition debris were dumped either along the waterbodies or on vacant lands. To streamline the construction and demolition waste collection process, the city corporation has now notified 17 sites, where the public could dispose of the same.

              While the city corporation is using a small portion of construction and demolition debris to level the roads, the remaining waste is getting accumulated at the sites now.










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              • Re : IT is Hot Property in Coimbatore

                High time fund-starved corporation increased its revenue sources

                Nivedha Selvam | TNN | Updated: Apr 1, 2020, 11:27 IST

                COIMBATORE: At a time when the wait to avail the central government’s fund continues for the civic body due to the absence of council and a final decision pertaining to the property tax hike is yet to be taken, the city corporation’s financial backbone does not seem to be strong this year. It is high time the corporation should take steps to increase its revenue sources, say activists.

                The corporation has proposed budget for the financial year 2020-21 with meagre Rs 1.14 crore as surplus revenue on Monday. Its estimated revenue for the upcoming year is Rs 2,156 crore and expenditure Rs 2,155 crore.

                If only the corporation had not proposed to obtain a loan worth Rs 223 crore – Rs 158 crore from the state government and Rs 64.58 crore from Housing and Urban Development Corporation Limited (HUDCO), the budget would have gone deficit this year. It has been four years since the corporation had presented a deficit budget.

                Last year, excited by the state government’s move to hike the property tax, the corporation had eyed to increase the tax revenue by 73%. But, a few months ago, the state government had withheld its decision and directed the local bodies not to collect revised tax until further notice. The revised tax revenue for the financial year 2019-20 has come down as Rs 308 crore against the projected estimate of Rs 501 crore. As per the revised estimates, the corporation’s surplus revenue has come down from Rs 4.75 crore to Rs 82,000 for the financial year 2019-20.

                This year, the corporation aims to earn as much as Rs 326 crore as tax revenue.

                “We could not say that the corporation is financially strong. But there are avenues to increase their revenue and it is high time they take necessary measures to increase their revenue,” said K Kathirmathiyon, a city-based activist.

                The corporation should revise the rent of its shopping complex to increase its revenue and should slap penalty against the defaulters, he added. The pending tax amount that the corporation projects to collect this year stands close to Rs 96 crore.

                He said the corporation should take steps to renovate and modernize its community halls so that people from different social sectors would also come forward to use it and it in turn would increase the revenue for the civic body.

                The budget shows nothing but how weak the corporation is financially, said DMK MLA N Karthik. Pointing out how the corporation has been struggling even to settle bills to the contractors, he said that it is high time corporation ensures transparency in its work. Ever since the council was dissolved, the civic body is neither uploading its resolutions in its website nor ensuring transparency in its work, he added.





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                • Re : IT is Hot Property in Coimbatore

                  Garbage load drops, roads a lot cleaner than ever

                  Nivedha Selvam | Apr 8, 2020, 04:10 IST

                  Coimbatore: The lockdown seems to be helping the city a bit more than just containing the spread of Covid-19. Ever since the curfew came into force, the city roads have been cleaner than ever before, with less garbage strewn around. The waste being generated by the city has also reduced by 200 tonnes a day. According to a source with the civic body, the city’s garbage load has come down to 800-850 tonnes from 1,000-1,100 tonnes.

                  A senior city corporation official, who didn’t want to be named, said, “We have been seeing a considerable difference in the quantity of garbage that the city generates a day after the lockdown came into force. As most of the commercial establishments and eateries remain shut, the garbage load has come down by 200 tonnes a day.”

                  While the wet waste collected from households in certain areas are sent to the micro composting centres directly, wet and dry waste from other areas are taken to the dump yard at Vellalore, he said. There are 20 micro composting centres that are functional in the city.

                  Pointing out that they earlier used to collect a lot of cardboard boxes, which were used by e-commerce sellers, and plastic boxes that were used by online food delivery services, the official said those two items were hardly seen in garbage piles nowadays.

                  A sanitary supervisor said, “Cool drinks bottles were a major part of the garbage earlier. Today, the number of bottles has also come down by 50%.”

                  He said people have started using vegetables and other essential items carefully as they were afraid that might be in short supply soon. “As a result, the quantity of wet waste that is generated in houses has come down. The households that were producing 500g of wet waste earlier are generating just 250g or less today. In the case of dry waste, we do not get anything other than covers and papers.”

                  He said they had strictly instructed the public to segregate the waste while handing that over to them following the widespread coronavirus scare. “We refuse to collect the mixed waste. So, most of the households have started to segregate the waste at source.”

                  Explaining that only the people, who were not segregating the waste, were dumping the same in garbage carts, the sanitary supervisor said the cart clearing trucks were making only a trip presently, instead of two to three trips in the recent past.








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                  • Re : IT is Hot Property in Coimbatore

                    No permanent power connection sans building certificates: Tangedco

                    A recent circular from Tangedco said that submission of the completion certificate will not apply to buildings which were being constructed or were completed on or before February 4, 2019.
                    • TNN
                    • May 27, 2020, 16:00 IST
                    File photo

                    COIMBATORE: Buildings in the state can no longer obtain a permanent electricity connection without submitting building completion certificates to Tangedco.

                    A recent circular from Tangedco said that submission of the completion certificate will not apply to buildings which were being constructed or were completed on or before February 4, 2019.

                    The circular said on completion of the construction, the temporary electricity connection provided to the building should be disconnected and a permanent connection should be given on receipt of completion certificates. “Exemption is given for residential buildings upto 12m in height not exceeding three dwelling units and other buildings with an area of 750 sq m,” the circular said.

                    The circular comes over a year after the Tamil Nadu Combined Development and Building Rules, 2019, came into effect and two years after the high court directed both the electricity board and TN water and drainage board to provide connection only on receipt of building completion certificates. The state government had also issued a government order regarding the same in 2018.

                    “While the combined building rules had specifically mentioned that only industrial buildings and residential buildings with three dwelling units upto 12m height or 750sqm area would be exempted from submitting the certificate, the Tangedco circular has said the exemption would also be given to other buildings with an area of upto 750sqm. The circular is contrary to the rules,” said K Kathirmathiyon of Coimbatore Consumer Cause.













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                    • Re : IT is Hot Property in Coimbatore

                      Coimbatore: 148 illegal houses razed at Kumarasamy Nagar

                      A city corporation official, who didn’t want to be named, said they have disconnected electricity connection to 704 houses and demolished 448 illegal structures so far and that the drive would continue in the coming days. File photo


                      COIMBATORE: The city corporation demolished 148 illegal structures along the Muthannan Kulam at Kumarasamy Nagar on Sunday, when the eviction drive entered the second day.

                      A city corporation official, who didn’t want to be named, said they have disconnected electricity connection to 704 houses and demolished 448 illegal structures so far and that the drive would continue in the coming days. In the first phase, only vacant houses would be demolished, the official said.

                      A Tamil Nadu Slum Clearance Board (TNSCB) official said 1,570 of the 2,100 families residing along the waterbody had obtained tokens for relocation and that they would be shifted to the housing units at Malumichampatti, Anna Nagar in Kovai Pudur and Keeranatham.

                      Meanwhile, led by Coimbatore MP P R Natarajan, hundreds of residents of Kumarasamy Nagar on Sunday protested the demolition drive, which had to be halted for a while. However, the city corporation and police officials held talks with the residents and the MP, who withdrew the protest.

                      Speaking to reporters, Natarajan said the government was not at all concerned about the livelihood of the residents, who survive by doing odd jobs in the city, while taking all the steps to relocate them to faraway places.

                      According to him, the residents withdrew the protest only after officials assured them to make alternative arrangements for those who have not obtained tokens for moving into the slum clearance board’s housing units.

                      Natarajan said a meeting would be convened at district collector’s office on Tuesday to find a solution to the issue.

                      Manikandan, a resident, said, “We don’t want to move to the housing units on the outskirts of the city, as they lack public transportation facilities and other basic facilities like educational institutions and hospitals in surrounding areas. Moreover, they are in a really bad shape. The government should provide us alternative land in the neighbourhood of Kumarasamy Nagar, instead of shifting us to faraway places.”
















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                      Last edited June 9 2020, 08:38 AM.
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