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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: 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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