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IT is Hot Property in Coimbatore

Last updated: June 14 2021
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  • Rashmi
    started a topic IT is Hot Property in Coimbatore

    IT is Hot Property in Coimbatore

    EVEN before the IT SEZ planned by the Electronics Corporation of Tamil Nadu (Elcot) could take shape, there seems to be a big rush for IT space among various corporates and developers in the city.

    While city-based corporates like the Bannari Amman Group, Salzer group and KG group have come out with their plans on the IT front, many new commercial developers have also joined the bandwagon by getting formal SEZ approvals for their proposed projects. Coimbatore Hi-Tech Infrastructure is planning to develop an IT SEZ over 60.73 acres at Keeranatham village and Span Ventures has got formal approval for 10.5 acres IT/ITeS SEZ at Eachanari.

    The state-owned Tamil Nadu Industrial Development Corporation (Tidco), is also planning an IT park in the city suburbs. Rakindo Developers, a 50-50 joint venture between Vishwatej Projects and Rakeen, UAE, along with Tidco has proposed to develop feeder township, residential and leisure facilities over 625 acres in the villages of Sundakamuthur, Perur Chettipalayam and Thithipalayam.

    The group also plans to promote an IT park on 25 acres at Perur village at Chettipalayam in south Coimbatore district. Bannari Group plans to develop an IT SEZ over 78 acres at Kalapatty village in Coimbatore and has got formal approval for around 60 acres. The entire process is likely to be completed in the next few months. Salzer plans to develop 1 lakh sq.ft. IT park in association with a US-based consulting service provider while KG group has acquired around 160 acres near its existing campus at Saravanampatty for developing it as an ITES SEZ. I

    According to sources in the property development business, by the end of 2009, approximately 10-15 million sq.ft, of new IT/ITeS space will enter the Coimbatore market.

  • MANOJa
    replied
    Regulate prices of building materials, Tamil Nadu government told

    The price of a sack of cement has increased by 54% to Rs 570 from Rs 370, while the price of a unit of M-sand has gone up to Rs 6,000 from Rs 5,000 and that of sand to Rs 8,000 from Rs 6,000.
    COIMBATORE: The Tamil Nadu AITUC Construction Workers’ Association has written to chief minister M K Stalin to find a way to regulate the prices of construction materials such as cement, M-Sand and sand

    They said the rising prices had made it difficult for the builders and small-time contractors to complete the projects, leaving many construction workers out of jobs. They also urged the state government to bring the cement prices on par with the prices in other states.

    The association said the prices of all raw construction materials had increased post the state assembly election. The price of a sack of cement has increased by 54% to Rs 570 from Rs 370, while the price of a unit of M-sand has gone up to Rs 6,000 from Rs 5,000 and that of sand to Rs 8,000 from Rs 6,000. They said the cost of 3,000 crushed stones has shot up to Rs 27,000 from Rs 23,000, while one tonne steel road has become costlier by Rs 14,000 to Rs 72,000 from Rs 58,000.

    “This has impacted the common man’s affordability to build a house, a builder’s ability to complete existing construction projects, the government’s ability to carry out all its construction works and the small-time contractors’ ability to take up projects and execute them successfully. As a result, construction workers are out of jobs,” the letter read.

    The association also requested the state government to approach the cement manufacturers association to fix a uniform price in every state.











    Regulate prices of building materials, Tamil Nadu government told, Real Estate News, ET RealEstate (indiatimes.com)

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  • MANOJa
    replied
    Builders in Coimbatore brace for brick shortage

    At least 100 loads weighing 150 tonnes each are driven out of Thadagam a day to construction sites across the region. Builders in Coimbatore shell out Rs 20,000 for 3,000 bricks. The price goes up depending on the distance. File Photo COIMBATORE: The 197 brick kiln units at Thadagam produce around 1,500 tonnes of bricks a day, which are used by contractors across Coimbatore, Tirupur and the Nilgiris.

    While the units were sealed and reopened several times in the past, builders in the region expressed worry about the latest drive. Though they have begun using alternatives like fly ash bricks, bricks have distinct advantages. If Thadagam shuts down, they would be forced to source bricks from Dharapuram, which may become very expensive.

    At least 100 loads weighing 150 tonnes each are driven out of Thadagam a day to construction sites across the region. Builders in Coimbatore shell out Rs 20,000 for 3,000 bricks. The price goes up depending on the distance.

    “We have been using fly ash bricks and porotherm bricks. Only 10% of our projects use bricks as they are heavier and more expensive. Now, sourcing has become a problem,” says Coimbatore Builders and Contractors Association (Cebaca) charter president C T Narayanan. “But I don’t see the construction industry being hit badly by the closure, because this is something we have begun preparing for a while.”

    Bricks are preferred for housing projects because of certain advantages, says D Singaravelu, founder of Prolific Housing. “They are more long-lasting compared to the alternatives. They last up to 100 years and have insulation properties, leading to people inside feeling slightly cooler. But being heavier, steel requirement is higher, pushing up costs.”

    Sourcing bricks from Dharapuram will make them much more expensive and logistically tougher than from Thadagam, Singaravelu added.

    Meanwhile, V Sampath Kumar of the Coimbatore District Brick Producers Association slammed the latest sealing drive. “We have been functioning for the past 40 years. The hill area conservation authority was set up only in 2006. We have been paying the mining department a fee of Rs 70,000 a year per kiln, based on which they issued us challans. They knew we were mining. It was not illegal or hidden.”











    Builders in Coimbatore brace for brick shortage, Real Estate News, ET RealEstate (indiatimes.com)

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  • MANOJa
    replied
    Coimbatore: Owners of construction sites fined as workers were found not wearing masks

    The commissioner ordered a total fine of Rs 5,000 on owners of construction sites where workers were not wearing masks. He stopped people riding two-wheelers and driving vehicles and ordered them to wear masks even while commuting.



    COIMBATORE: Coimbatore Corporation commissioner Kumaravel Pandian on Thursday inspected Covid-19 preventive measures taken up in the central zone.

    The commissioner ordered a total fine of Rs 5,000 on owners of construction sites where workers were not wearing masks. He stopped people riding two-wheelers and driving vehicles and ordered them to wear masks even while commuting.

    The commissioner inspected central zone which includes the shopping district —Gandhipuram’s 100 Feet Road, Cross Cut Road, Tenth Street, Tatabad’s ninth, tenth and eleventh streets among other areas.

    He inspected all shops, restaurants, eateries and even food pushcarts to check if everyone was wearing masks and checked for social distancing.

    Four people were fined Rs 500 each for not wearing masks.

    He appealed to the people to cooperate with the government to prevent the spread of Covid-19.







    Coimbatore: Owners of construction sites fined as workers were found not wearing masks, Real Estate News, ET RealEstate (indiatimes.com)


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  • MANOJa
    replied
    Dilapidated buildings pose risk to Tamil Nadu housing board unit residents

    A month ago, the portico of a house collapsed. Fortunately, no one was hurt. As a result, residents fear that the TNHB could demolish the 30-year-old building.
    • TNN
    • December 19, 2020, 19:00 IST

    COIMBATORE: The dilapidated condition of buildings has become a cause for concern for residents of 960 apartments of the Tamil Nadu Housing Board (TNHB), Singanllur unit.

    A month ago, the portico of a house collapsed. Fortunately, no one was hurt. As a result, residents fear that the TNHB could demolish the 30-year-old building.

    They also fear that TNHB may increase the height of the four-storeyed apartments to 10-storeyed and sell off the remaining open space for a profit or build more apartments in the open space. This move will reduce the residents’ ownership of the land and make the place more congested, they said.

    The apartment units were built in an area of over 17.55 acres in ward 64. “The buildings are dilapidated, walls have cracks and a month back a portico also collapsed,” Tamilmani Pichimuthu, a resident, said. “Last year, deputy chief minister O Paneerselvam inspected it and ordered that the buildings have to be renovated or repaired. However, TNHB seems to be using this opportunity to make a profit out of it by cheating us over our share of space,” he added.

    V Manoharan, another resident, said they heard that TNHB has plans to build 10 storey apartments spread over 4 acres, and move all the 960 existing apartment owners there. “They plan to sell off the remaining 11 acres or so for a profit or build larger higher income group apartments in the remaining land. We are against being crammed into 10-storeyed apartments because it reduces our ownership of the land, reduces the open space we have around for all our happy and sad occasions and we are scared that when a three storey apartment can crumble in 30 years, how they plan to maintain a 10-storeyed apartment,” he asked.

    The residents demand that TNHB immediately renovate or rebuild their apartments, before people get injured, but in the same positions. “If they want to make a profit or get back the costs of renovating our apartments, let them increase the height of our buildings and sell off the upper storeys for a profit or to new allottees. But we will not agree to be moved into higher floors or storeys than where we are now,” Manoharan added.










    Dilapidated buildings pose risk to Tamil Nadu housing board unit residents, Real Estate News, ET RealEstate (indiatimes.com)

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  • MANOJa
    replied
    Coimbatore civic body directs people to vacate 62 dilapidated buildings

    The city corporation has also placed boards in front of some of the identified buildings, stating “this building has lost its stability and is no longer safe to use it.
    COIMBATORE: With the monsoon showers lashing the city incessantly, the civic body has directed the people residing in dilapidated buildings to vacate them in two days and warned to seal them if they failed to comply with the order.

    In a press statement, city corporation commissioner P Kumaravel Pandian said they had identified 81 dilapidated buildings in their limits and issued notices to their occupants under Section 327 of Coimbatore City Municipal Corporation (CCMC) Act, 1981 a month ago, directing them to vacate the premises immediately as the buildings were unsafe to live in.

    The city corporation has also placed boards in front of some of the identified buildings, stating “this building has lost its stability and is no longer safe to use it. It poses a threat to the lives of the public. So, usage of the building is prohibited under the CCMC Act”.

    The city corporation has already demolished 19 of the identified dilapidated buildings, 13 of which were beyond repair. The city corporation head said they had asked the occupants of the remaining buildings to vacate the premises in two days. “If they don’t comply, we will seal the buildings with the help of police officials.”

    About a month ago, district collector K Rajamani had instructed the local bodies to identify buildings that were in bad shape after a house collapsed on Chetti Street at Selvapuram, claiming four lives, following the incessant rainfall. Subsequently, 223 such buildings were identified in the district and notices were issued to 81 of them.

    Earlier in 2019, a compound wall that was 20ft high and 100ft long had collapsed on a row of houses, killing 17 people, at Nadur village at Mettupalayam in the district. The wall apparently collapsed after it became weak because of the incessant rainfall.











    https://realty.economictimes.indiatimes.com/news/residential/coimbatore-civic-body-directs-people-to-vacate-62-dilapidated-buildings/79300324

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  • MANOJa
    replied
    Septuagenarian gets property back after son abandons him

    Nov 14, 2020, 04:28 IST





    Coimbatore: A 71-year-old man who had gifted his house and land to his 43-year-old son, who later abandoned him and his wife, got back the property on Wednesday, thanks to the intervention of collector K Rajamani.

    Karuppusamy had handed over six cents land and his house worth Rs 31 lakh to his son Senthil Kumar a few years ago. But Kumar refused to take care of his parents after the property was registered in his name.

    A dejected Karuppusamy petitioned the Coimbatore collector a few months ago and sought his help. Coimbatore north revenue divisional officer P Suresh, who met Karuppusamy and Senthil Kumar, ordered cancellation of the gift deed.

    The revenue department has warned those who desert elderly parents for their property. Such people will face action under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007. “We have implemented the Act in seven cases and cancelled property registration deeds worth Rs 2.7 crore. We ordered monthly compensation in two cases,” an official said.












    https://timesofindia.indiatimes.com/...w/79215928.cms

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  • MANOJa
    replied
    Land reserved for road project on sale

    Nivedha Selvam | Aug 24, 2020, 04:10 IST




    Coimbatore: The revenue department’s failure to notify the registration department, local planning authority and local bodies about change in alignment of the proposed western ring road project has dealt a blow to many people who bought land on the project route by shelling out a lifetime’s savings to build their dream houses.

    Shantha*, of Vadavalli, is one of the affected. A housekeeping staffer with a private hospital, she saved every possible penny from her monthly salary of Rs 10,000 for over half a decade with a dream to buy a small plot of land to build a house of her own. When one of her friends told Shantha about her plans to sell four cents land at Theetipalayam on the outskirts of the city, she sealed the deal in February 2018. Her savings wasn’t enough to buy the land. So, she pledged some of her gold ornaments and took a loan.

    But her happiness was short-lived. In three months, she came to know from one of the well-wishers that the land was earmarked for the western ring road project. When she approached government officials, they confirmed it.

    While the state highways department had changed the alignment of the road project to 32.43km through 16 villages from Kuniyamuthur to Gudalur from 26km through 12 villages from Kuniyamuthur to Thudiyalur in 2014 and obtained approval from the road safety committee the same year and administrative sanction from the state government in 2016, the revenue department is yet to notify the registration department, local planning authority and local bodies about it.

    As a result, likes of Shantha continues to purchase land and construct buildings on the route that is earmarked for the western ring road project.

    She said, “Isn’t the registration department that we all trust while purchasing land? If it had informed me about the project, I would not only have saved my hard-earned money but avoided mental agony and humiliation that I am facing now.”

    K Kathirmathiyon, secretary, Coimbatore Consumer Cause, said the revenue department should have updated the concerned departments about the changes in alignment of the road project as soon as they were approved, as it had done in the case of the initial project draft. “Despite repeated reminders and complaints, the revenue department is yet to notify the changes to them.”

    Explaining that four villages that were in the first draft were not included in the second draft, which instead added eight other villages, he said due to lack of communication, registration department was still allowing people to register land earmarked for the project while local planning authority and local bodies were permitting building construction.

    “Besides the public, it will also affect the revenue department, which might have to spend huge money as compensation during land acquisition. Due to multiple land transactions, the department might not even know who the current owner of land that it wants to acquire is,” he said.

    Sources with the registration department said they would stop the registration process as soon as they were notified about the changes in road alignment. When contacted, revenue officials assured to look into the issue.
    (* Name changed)











    https://timesofindia.indiatimes.com/...w/77709648.cms

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  • MANOJa
    replied
    Coimbatore: Army welfare housing body delays sale deed to residents

    The protesters say the Army Welfare Housing Organisation has also refused to give them break-up of their costs - land price and cost of construction.


    COIMBATORE: Nearly 400 ex-servicemen and war widows, who paid lakhs of their lifetime savings and pensions to buy apartments constructed by the Army Welfare Housing Organisation, say the sale deed has not been transferred to their names even three years after payment of their last instalment.

    Around 25 of them protested at the project office on Thursday by maintaining social distancing. The protesters say the Army Welfare Housing Organisation has also refused to give them break-up of their costs - land price and cost of construction.

    According to them, the project was floated in 2007-'08. The Directorate of Town and Country Planning then granted them approval to construct 496 apartments on 33.5 acres, of which five acres was set aside as open space reserve.

    Narasimhan, one of the residents, said, “They sold five types of dwelling units - row houses, modern apartments, super deluxe, deluxe and small family apartments - which were priced in the range of Rs 19.67 lakh to Rs 46.55 lakh.”

    Another resident, Col Sunny Joseph, said while he had paid the last instalment for his two-bedroom apartment in November 2018, the sale deed was yet to be transferred to his name. “Other residents had completed payment earlier. Their situation is also the same.”

    TOI had earlier reported the four-year delay in handing over the project. The residents say they still haven’t been told how much land they would own as part of the housing unit. “They are now trying to sell the vacant land to another constructor to build 400 apartments more. They are trying to split the land into two portions, which is not allowed,” Col Joseph said.











    https://realty.economictimes.indiati...dents/77538183

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  • MANOJa
    replied
    Over 350 families to be provided housing units in Coimbatore

    While tokens for alternative accommodation were already distributed to the families at CMC Colony, the procedure to distribute tokens for others is in process, the official said.
    • TNN
    • July 06, 2020, 11:00 IST

    COIMBATORE: The Tamil Nadu slum clearance board (TNSCB) has identified about 361 families to provide alternative accommodation at its housing units in the city.

    “The corporation would be demolishing about 245 houses at CMC Colony in South Ukkadam to pave way for the construction of Ukkadam flyover. Thirty-eight houses near Kannapiram Mills bus stop and 78 houses near Sungam Junction, which were constructed illegally on road margins, would also be removed as a part of our encroachment eviction drive,” an official from the TNSCB said.

    While tokens for alternative accommodation were already distributed to the families at CMC Colony, the procedure to distribute tokens for others is in process, the official said, adding that their houses would be demolished as soon as they shift to the housing units.

    Explaining that the city corporation is in the process of identifying the encroachers along the Sanganoor Pallam, the official said with the completion of work, most of the encroachments in the city has been identified and removed. more than 5,000 encroachments are removed in the city so far, he added.












    https://realty.economictimes.indiati...atore/76805940

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