Saturday, October 27, 2007

Additional 100 acres for IT Park on the plan

Source :

Highlights of the news:

The government was taking steps for employment generation. An IT park would soon come up in Tiruchi. An additional 100 acres more would be acquired for the park, for which about 135 acres had been provided.

Thursday, October 25, 2007

IT Park work to begin in Jan 2008 - Land approved for Cognizant, Sutherlands

Source :
URL source for the material contained here :

The layout for the Tiruchi IT park is ready. Sutherlands and Cognizant Technology Solutions will be given 10 acres each.

As per Umashankar, Managing Director, ELCOT, at SMExpressions 2007,
"Any place with good flight connectivity is an attractive IT destination, he said, emphasising that the flight timings should be such that executives of IT companies from major cities must be able to visit Tiruchi and return within a day. IT industries require engineers of all branches in large numbers and the onus was on the educational institutions to increase their intake. He advocated soft skills training for students right at the school level. Once the IT industries set foot, there would be all-round development, he said, terming Tier II cities such as Tiruchi as ‘sleeping giants’."

Sunday, October 14, 2007

Being last might be better as well - Though last, still the latest :)

One could, naturally, sense an air of extended patience turning into discomfort since nothing has materialized yet on the IT Front in our area. Though Tiruchy has been constantly quoted and reminded as an IT destination, other cities like Madurai, Tirunelveli have an early start based on the developments going on there. While we tend to debate why things are still stale at Navalpattu, it could be blessing in disguise for the following reasons

1) With Tiruchy airport being selected to get a World class airport facelift, as stated by the link here, the area in and around the airport could get better with infrastructure before IT companies mark their footsteps. This could easily attract top IT companies adding huge value than other cities.

2) BHEL has been expanding at an increasing pace. It would make sense to take one thing at a time rather than leading the place to a chaotic development.

3) Navalpattu can learn lessons from other cities and can make decisions in a smart way, be it infrastructure to legal loopholes to town planning etc.

Net-net, though Navalpattu might start late, the potential in it is way higher and poised to cruise at a higher controlled speed than other places. Some of the same reasons that make us wonder 'Still, why has it not happened here yet ?' is the hidden fuel that are just waiting for a spark.

Saturday, October 13, 2007

How is real estate doing at Navalpattu ?

Though there is not much sign of 'the very expected' IT companies at Navalpattu, realtors are operating at full speed. Typical land prices are between Rs 150 - 200 per sq ft near the 100 feet road. The closer to the road, the higher the price. There are already signs of the price increase spreading its wing to nearby Mathur area as well. With multiple roads to be constructed around the University, this could be a good long term investment.

The improving Railway, Road and Airport connections along with Tiruchy's central location will make it an attractive and unavoidable location for doing business. Strong universities like Anna, BIM, Bharadhidhasan add appetite to the IT companies. Though the famous question has been 'When' not 'If', however, the drive and enthusiam is temporarily dormant.