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 Overview
The Wave is a unique plot offer in Sillangulam in close proximity to the town of Ottapidaram. Ottapidaram is one of the biggest talukas in Tamil Nadu, is famous for its extensive backwaters and lies just 25 kms northwest of Tuticorin. Tuticorin also known as “Pearl City” is the seventh largest city in Tamil Nadu. It is one of the oldest sea ports in the world and is situated about 540 km South West of Chennai. Tuticorin is well networked by road, rail and air thus ensuring connectivity to places like Tirunelveli, Madurai, Kanniyakumari, Chennai and Mysore.
Location Benefits:
- Good connectivity with other districts- – Road, Rail, Air and Sea
- Acts as a catchment area for Tuticorin since Ottapidaram is the biggest Taluka in Tamilnadu.
- The proposed East Coast Road is expected to extend from Nagapattinam to Tuticorin that will connect Chennai and all the major cities on the coast line
- The Wave is 37 kms from the Tuticorin Port which is soon to become a SEZ port and once the Tuticorin Port SEZ comes up a lot of industries will be interested in setting up their units which will create a great demand for land.
Investment Benefits:
- SIPCOT plans to acquire around 1000 acres near its existing plant which is 39 kms from the property, and will be converted to SEZ port.
- The Tuticorin airport which is situated on 125 acres will be expanded up to 650 acres to accommodate larger aircrafts and night landing operations.
- The fast developing town Tuticorin has the promise of rapid expansion and job employment opportunities, which will ensure appreciation of land, due to the development of the Tuticorin which is being developed into a SEZ port.
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- 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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