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 Overview
Located in Nattathi Village in Srivaikundam, Tuticorin, Tamil Nadu, the property consists of approved plots on a proposed layout of 250 – 570 acres.
Plot access is via a motorable Road that is part of the plot area ( approximately 7% to 10% ). The entire area has a secure fenced layout with proper corner stone demarcation for each plot.
Why is this, a good investment?
It’s a great opportunity to own land at low entry point with close vicinity to existing airport
and watch the investment grow due to following reasons:
- The Tuticorin Airport that is just 9 kms and there are plans to upgrade this airport to a cargo hub to commensurate with the rapid industrialization of the town.
- Nod from the central government, and newly elected shipping minister Mr. GK VASAN promised on executing Sethusamudram Ship Channel Project which will provide a boost to the economic and industrial development of Tuticorin. The port has the potential to transform itself into a nodal port like Singapore.
- The East Coast Road which is expected to extend from Nagapattinam to Tuticorin that will connect Chennai and all the major cities on the coast line.
- The Tuticorin SEZ (Special Economic Zone) port, the Gangaikondan SEZ, SIPCOT Industrial Complex and Sterlite Industries are major Growth Centers that put Tuticorin on the world map
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- Tuticorin: Attracting new companies; backing it up with infrastructure
Clenergen to set up biomass power plant. Business Standard June-21-2010
GRT Hotels to invest Rs 350 crore. Sify Finance, June-12-2010
Six SEZs to become operational in TN by Dec. Business Standard, June-28-2010
Spic's power plant plans gets new life. Sify Finance, June-09-2010
Road facilities to be strengthened. The Hindu, June-15-2010
NH45B – Madurai to Tuticorin
- Tuticorin's Port, Airport: heralding Realty appreciation.
Chennai airport expansion on schedule, The Hindu, March-17-2010
Port traffic keeps on surging, The Times of India, March-15-2010
Tamil Nadu: Fresh Investment flow to touch Rs 60,000 crore in FY10, Economic Times, March-16-2010
India's Kingfisher Airlines set to join oneworld alliance, India PR Wire.com, Feb-23-2010
- Tuticorin airport expansion to trigger chain of developments
'Southern airports to get modern systems' : The Hindu - July, 28th, 2009
'Choice Hospitality opens Quality Inn The Mayflower in Tuticorin' : Press Release Point - August, 21st, 2009
'Hotel industry in India witnesses tremendous boom' : The Economic Times - August 26th, 2009
'CII TN Vision 2025 aims to address six concerns' : Times of India - March 4th, 2009
'125 operational airports in 5 yrs: Patel' : The Economic Times - August 23rd, 2009
More articles..
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