Skyrocketting land price appriciation in and around Navalpattu

Source:
http://dkn.dinakaran.co.in/showxml.aspx?id=295480&code=17069

We all know that a figure of 3 crore per acre is very well exagerrated, however, it is considerable to notice the level of appreciation the land price has received in the last 1 year in particular. With airport expansion, buzzing IT hype, BHEL expansion, infrastructure potential like ring road and 4 lane, expanding University,
growing population, increased affordability etc, it is common sense that the land prices will be on the rise. Unlike countries like US, the history of India has proven that this price movement is one directional...but with the recent unorganic increases, a downward movement could soon be a reality in the Indian realty market.

Potential IT Park Foundation stone to be laid next month

Talk from the Streets

As we may remember, CM visited 'Kalaignar Arivalayam' under construction in June (as in link http://www.hindu.com/2008/06/25/stories/2008062550580200.htm).

There is a good chance CM will inaugurate ‘Kalaignar Arivalayam’ next month and if that happens, there is a high chance that IT Park foundation stone will be laid as a part of his visit as well.

Supplementing from Dinamalar news below.
http://dkn.dinakaran.co.in/showxml.a...665&code=16545