Chennai has finally joined the skyscraper race! (kind of*)

*technically located 65 kms from Chennai proper, but a nodial city nonetheless

http://img301.imageshack.us/img301/9114/strategic01jz2.jpg

Introducing Marg Swarnabhoomi, a 1,000 acre megaproject developed by Marg Ltd. with HOK, US as the primary architects featuring a ~230 meter tall landmark observation tower.

Salient points:
- Developed by Chennai-based realty company Marg Ltd.
- Located at Seekinankuppam in Kanchipuram between Chennai and Pondicherry. Total size 1,000 acres, including 612 acres in 2 SEZs.
- Will employ 125,000 people in various industries, with an emphasis on economically empowering the local scheduled castes and tribes.
- Will be developed in 3 phases, with completion dates in 2009, and 2011.
- Will feature a ~230m observation tower and commercial buildings designed by HOK, US.

http://img245.imageshack.us/img245/4618/landmark1xm1.jpg
^ Landmark observation tower

http://img186.imageshack.us/img186/3861/chennaimarg1xu8.jpg
^ View of services and residential zone

http://img301.imageshack.us/img301/9609/chennaimarg3fc2.jpg
^ Services zone

http://img404.imageshack.us/img404/5564/01bc1.jpg
^ Services zone

http://img296.imageshack.us/img296/8905/chennaimarg2ir6.jpg
^ Services zone

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Views and plan of the city :
http://img301.imageshack.us/img301/4126/strategic02qw0.jpg

http://img301.imageshack.us/img301/2396/master01ee9.jpg


--------==--=--==--------

An article giving some background on the project:
Swarnabhoomi Chennai by 2011 (http://www.keralanext.com/news/?id=413415)
Friday, February 08, 2008

CHENNAI: Chennai-based realty company, Marg Ltd will be investing $ 400 million in a mega infrastructure project 'Marg Swarnabhoomi'.

To be located on the ECR between Chennai and Pondicherry, the proposed city will be spread over more than 1,000 acres. It will include two notified Special Economic Zones (SEZs) for the multiservices and engineering sector, including auto ancillaries.

The two SEZs will occupy an area of 612 acres and would generate a revenue of $ 1 billion over the next 5 years, according to Chairman and Managing Director, GRK Reddy.

Reddy told journalists on Thursday that in the first 3 years, Rs 600 crore would be spent on the project, of which Rs 400 crore would be funded through debt and the balance through equity.

In the next phase, Rs 1,000 crore would be raised through customer collections and leased discounting. "The project will create direct employment for 1,00,000 people and indirect employment for about 25,000 people," said Reddy.

Designed by architects HOK, USA, the project would be completed in 3 phases - the first by December 2009, phase II in March 2011 and fully by December 2011.

One to 3 bedroom low cost housing of Rs 2,000 per sq ft is planned for IT and engineering professionals. "The city will have a 10 million litres per day desalination plant that will use sea water.

Under social infrastructure, 15,000 houses, a 200 room hotel, 200 bed hospitals, schools, educational institutions as well as offices will be set up," added Executive Director, B G Menon.

About 60 per cent of the population around the SEZs are believed to be from the scheduled castes and scheduled tribes. Marg in partnership with CII has initiated a grassroots skill development initiative under which 5,000 rural youth are being imparted pre-employment skill and industrial training for placement in companies. Marg has allocated Rs 1 crore for this programme.Let's use this thread to compile news and updates on this project.

• Marg Swarnabhoomi (http://www.margswarnabhoomi.com/) website
• Marg Ltd. (http://www.marggroup.com/sez.html) website
• HOK Architects (http://www.hok.com/cfm/ProjectArchive.cfm?Tag=Asia%20Pacific) website -- Asia projects


Thanx to Arul Murugan, Anniyan, IndiansUnite, JudishRaj for compiling information and renderings in the other threads.

Cheers,
Jai

Some motes on my estimation of the landmark observation tower's height:

http://img505.imageshack.us/img505/9686/00mp9.jpg

I assumed that the tower uses the Indian building standard of 1 floor = 3.5 meters high. From this, you can extrapolate the height of the rendering.

http://img505.imageshack.us/img505/8124/01yu2.jpg

Note that observation tower floor heights may be very nonstandard, but this method can give a good thumbnail estimate nonetheless.

--------==--=--==--------


Height at spire: ~230 meters, or equivalent of a normal 65 story building. (For a reference as to how tall this is, the Imperial Towers (http://www.skyscrapercity.com/showthread.php?t=610342) in Mumbai are 249m high.)

Height of tower structure: ~185 meters, or equivalent of a normal 52 story building.

Height at observation floors: ~113 meters, or equivalent of a normal 45 story building.


The tower may be as high as 75 floors, as Anniyan mentioned:
Is this project by any chance related to Mr.Chitty Babu's skyscraper plan revealed at a property exhibition last year ?

The news came in the Deccan Chronicle special property (print) edition and our forumer JudishRaj posted the news here.
=============
We hope it will be seventy five storied structure, which will have a routine revolving restaurant to give it a panoramic view of the metro and surroundings,' said T.Chitty Babu, Managing Director, Akshaya Homes, a leading construction company in south India. Mr.Babu said that he has formed a consortium of ten builders and they have almost worked out the details. If we get the clearance from the government agencies, it is a matter of time before we officially announce the launching of the project.

Mr.Babu, himself a construction engineer with an impeccable track record, wants Chennai city to have something unique which can rival the best in the World. Even after the liberalization and opening up of the economy, we had to be content with the 14 storied LIC building in the Mount Road as the city's tallest structure. It can not go on like this. We want to build the tallest skyscraper of the country, if not of Asia, in our Chennai,' said Babu. The proposed building could be somewhere in the Old Mahapalipuram Road. 'We are focusing it as a commercial complex. There are many clients waiting in the wings to move over to the city's first skyscraper.' said Babu.
=============

I have a question... Whats an observation tower doing 65 km from the city proper??? Is there anything special nearby?

Is it proposed or Under-construction??

I have a question... Whats an observation tower doing 65 km from the city proper??? Is there anything special nearby?
Good question. Probably couldn't get clearance in the city? Regardless, it does seem that they anticipate that this project would be the catalyst to further development in the area. The project plans seem to suggest that.

Its located just off East Coast Road between Chennai and Pundi, so it will definitely be a tourist draw.

Is it proposed or Under-construction??
Proposed right now.

I like the design of the tower, very sleek.

Its all a bit prematur eto celebrate. n most cases the planners create a big hype through such renders to attract buyers. When it comes to actual building the exrtravagent part would go. I don't think the observation tower would really be built as part of Marg Swarnaboomi.

The apr ed. of Construction World magazine carries an article on GRK reddy and Marg Swarnabhoomi.

Here's the main page of the article. The second page which probably carries more info and renderings of the project hasn't been uploaded since they only upload like 40% of the magazine due to obvious revenue issues.


http://img205.imageshack.us/img205/2711/margms4.jpg

Also this project iwll put added burden on the already overstretched OMR & ECR. The raiway extension to Mahabalipuram is a must when this project comes through. People living in sub-urbs should from the beggining get the habit of using public transport and not thier cars when going into the city.

Lot of fuss is created when projects are just in drawing room stage.

When actual construction starts only we will know the fate of such projects given the change of political and economic scenes so frequently

We are hearing cuddalore refinery project for the past 15 years. Cheyyur thermal project for the past 5 years. Projects are dying in the infant stage due to several reasons viz land acquistion problem, marketability problem etc

Here's the high res version of the rendering posted in cw:
http://img147.imageshack.us/img147/3720/01th3.th.jpg (http://img147.imageshack.us/my.php?image=01th3.jpg)

Booking started?!

http://epaper.timesofindia.com/Repository/getimage.dll?path=TOICH/2008/05/08/3/Img/Ad0030705.png

From TOI

hey will the landmark tower act as a tv tower?

this is like a god-project for chennai...too bad there's no way that 230 m tower will get built since there's absolutely no reason it should be built (a sightseeing tower for an area that has no sights around it??).

and how far is this from chennai city proper? I hate this nonsense we have in india where all the nice towers and stuff come up in random patches here and there. imagine if all of NCR's towers were in one area instead of spread out in the those suburbs. that'd be awesome. same with chennai

MARG PAT up 125% (http://www.moneycontrol.com/india/news/pressmarket/marg-pat125/13/25/344267)

Driven by profitable growth and strategic focus, MARG Limited (formerly MARG Constructions Limited), India’s fastest growing diversified infrastructure development company, today declared total income of Rs. 27,840 Lakhs for the year ended March 31, 2008, an increase of 97 percent as compared to Rs. 14,153 Lakhs earned in 2006-2007. The company’s net profit after tax (PAT) for 2007-2008 stood at Rs. 6,744 Lakhs, an increase of 125 percent from Rs. 2,991 Lakhs in the previous year.

Subject to the approval of the shareholders, the Board has proposed to issue dividend at 20% on its equity share capital.

Commenting on the company’s performance in the year ended March 31, 2008, Mr. G. R. K. Reddy, Chairman & Managing Director, MARG Limited, said, “Our results for the year under review are very encouraging. Despite the challenging business environment, our net profit after tax has increased by a healthy 125 percent. Our vision is to continue to improve on our position as the country’s fastest growing diversified infrastructure development company. We intend to expand our horizons, increase our spread across the length and breadth of the country and enhance our competitiveness in the coming years.”

The total income for the Quarter ended 31st March 2008 was Rs. 12,483 Lakhs, an increase of 202 percent over Rs. 4,136 Lakhs for corresponding quarter of the previous year 2006-2007. The company’s net profit after tax (PAT) for the Quarter ended 31st March 2008 increased by 620 percent to Rs. 3,943 Lakhs as compared to Rs. 548 Lakhs for corresponding quarter of the previous year 2006-07.

MARG Limited announced the launch of its mega infrastructure project – “MARG Swarnabhoomi” in February 2008. MARG Swarnabhoomi, spread over 1000 acres and strategically located off the burgeoning East Coast Road, is designed as a global standard model city. This city includes two notified Special Economic Zones for “Multi Services” and “Engineering sector including auto ancillaries”. This mega project of MARG is expected to generate US$ 1 billion economy over the next five years through a self sustaining business model. MARG Swarnabhoomi is anticipated to generate employment for over 1 lakh people once the SEZs are fully developed. The project has been designed by world renowned architects HOK, USA to meet international standards. The city will offer state-of-the-art infrastructure facilities such as superior civic infrastructure, 24-hrs water supply, optic fibre telecom & broadband connectivity, ample provision for residential units, power supply from the state electricity grid, sewage treatment and desalination plants. The housing options at MARG Swarnabhoomi will range from affordable homes to luxury villas, with social infrastructure including educational institutions, wellness centres, shopping malls and a first of its kind destination mall. Also, for sport enthusiasts, the project will encompass international standard golf course, facilities for sports and water sports.

MARG Limited’s other ongoing projects include the development of an all weather, deep- water lagoon type Sea Port in Karaikal, which will unleash the potential of the hinterland and will cater to the industrial belt of central Tamil Nadu. The ‘Karaikal Port’ is emerging as a successful example in Greenfield port development. Towards achieving the same, MARG has invested in a non-propelled cutter-suction dredger, MARG Cauvery that would be able to dredge at depths in the range of 5 to 25m. Another notable project of MARG is the recently announced ‘Tapovan’, comprising of thematic luxury villas. Positioned as the Silent Garden with 90 villas spread over an area of 77 acres, Tapovan is located at Pavanjur on the East Coast Road near Chennai.

Other forthcoming projects of MARG include the ‘Riverside Mall cum Business Hotel’, an integrated complex flanked by a serene river on one side and a 3 way entry-exit facility. The project will feature a Mall, a Business Hotel, and a Multiplex. ‘Oakwood Residence’, a Serviced apartment project of MARG on the IT Corridor in Chennai, will have 175 dedicated serviced apartments. In May 2008, MARG Limited announced the launch of ‘Rajakamangalam Thurai Fishing Harbour’ at Rajakamangalam Thurai, in Kanyakumari District, Tamil Nadu, based on a Public Private Partnership model. The company plans to invest Rs 45 crores in the project, which is expected to come in 40 acres of land. Once fully developed, the fishing harbour project will offer direct employment to around 8000 people and is expected to be fully operational by October 2010.

Reaffirming the belief that growth has to be inclusive, MARG had partnered with CII in June 2007 to initiate a Grassroots Skill Development Initiative (GLSDI) project in Cheyyur Taluk, the area surrounding MARG Swarnabhoomi. This innovative project covers pre-employment skill training to cover 5000 unskilled workers by 2008. The second phase of the project includes industry specific training. MARG had allocated Rs. 1 crore for this social program. Recently, as part of the GLSDI programme, MARG in association with CII jointly organised the first-ever Rural Job Fair at MARG Swarnabhoomi in Cheyyur Taluk, near Chennai. Presently over 850 rural youth have successfully completed the GLSDI pre-employment skills training which prepared them for the world of work. A total of 650 youngsters turned out for the job fair and 450 of them were given job offers. Fifteen companies from various sectors participated in the job fair.

so now we just have to wait until december 2009 to see how this thing turns out

MARG Navratna Phase - 1 construction started.It specified in the news section of its site(http://www.margswarnabhoomi.com/)


MARG Navratna Phase - 1 at Swarnabhoomi
MARG Swarnabhoomi presents MARG Navratna, an exquisitely crafted residential apartment complex, Contemporary and minimalistic in both architecture and landscaping, MARG Navratna balances living spaces with the common areas.

MARG Navaratna delivers the perfect setting for a word-life balance, where professional growth happens along with the personal. Replete with all the modern amenities MARG Navratna is the kind of home that you dream about. Spread over an area of 4.29 acres, MARG Navratna comes replete with:

300 well-designed apartments
100% DG Back-up power for Common Lighting and Lifts
Landscaped Park on Open Space Reservation Area
Club House with Swimming pool, Gymnasia and Multi-purpose Hall
Covered Car parking and Separate visitors Car Parking.
Tentative Completion: 18 months from launch

http://www.margswarnabhoomi.com/apartment/plan-01-sm.jpg

they massively scaled down the project and that tower is now gone and the entire project is TINY now

http://www.margswarnabhoomi.com/master-plan.html

they massively scaled down the project and that tower is now gone and the entire project is TINY now

http://www.margswarnabhoomi.com/master-plan.html

It was only to be expected. Also the low rise apartment blocks looks hideous. :ohno:

It is a pity that the residential towers are now 4 floors only. I dont think FAR is an issue since plenty of land is available in the campus. No where else in India you will find big developments going in for low rise apartments. Even if the FAR is below 2, they could go at least 10-12 floors, and make more land available as open space. This is a criminal waste of space. Perhaps Kannan Infratech could explain the rationale behind this based on the local rules.

I also didn't find the project now in HOK website link which Jai had provided earlier.

It is a pity that the residential towers are now 4 floors only. I dont think FAR is an issue since plenty of land is available in the campus. No where else in India you will find big developments going in for low rise apartments. Even if the FAR is below 2, they could go at least 10-12 floors, and make more land available as open space. This is a criminal waste of space. Perhaps Kannan Infratech could explain the rationale behind this based on the local rules.

I also didn't find the project now in HOK website link which Jai had provided earlier.

I presume that it is because of marketing problem and the cost.

It is a pity that the residential towers are now 4 floors only. I dont think FAR is an issue since plenty of land is available in the campus. No where else in India you will find big developments going in for low rise apartments. Even if the FAR is below 2, they could go at least 10-12 floors, and make more land available as open space. This is a criminal waste of space. Perhaps Kannan Infratech could explain the rationale behind this based on the local rules.

I also didn't find the project now in HOK website link which Jai had provided earlier.

Its a problem with distance. Now all had to start there based on the SEZ announced. Perhaps if Chennai - Pondy industrial corridor kicks off then Marg may be in the news

Though they claim it to be in chennai its more than 60 Kms from the Adyar, the southern tip of chennai. NO ONE , I repeat NO ONE who works in chennai will prefer to stay/settle there

The whole project looks great.I like the design of the landmark tower.

The whole project looks great.I like the design of the landmark tower.

Didn't you read the update few posts above yours? The project has been downsized and the tower is gone.

^^oops.My bad.

Is this project really taking off.

Would be..they are taking all effort to market it..

They were present in ET-Business Spaces Expo held in Mumbai last month..

http://i37.tinypic.com/eiwmyf.jpg

Their stall is the one on the right side..

http://i33.tinypic.com/jzy2j8.jpg

? I thought that the project was canceled?

Cheers Sudheesh!!

That's the most random assortment of stock images I've seen in a property booth :lol:

They were also at the Bangalore IT.Biz event in Bangalore

Some images from their site

http://www.margswarnabhoomi.com/events_bangalore.html

The website seems to have undergone an upgrade.

Chennai is lagging too much behind in under constructions and upcoming projects of skyscrapers. It is behind even second string metros like Cochin and Ahmedabad. No need to say it is far behind Bangalore and Hyderabad. Skyscrapers do add more elegance and illustrates faster developement of a city. don't know what makes chennai still sleeping in this construction boom where as in other major cities, governing bodies are approving quite faster for projects like multi storeyed Trade Centres,business parks and IT hubs. It is said that Chennai sky limit is controlled not to exceed 60m high by the govt citing as road widths as one of the reasons and chennai harbour rador system is a blockade to elevate the buildings beyond its height. How long are we going to keep these reasons to curb the future development of the city which makes other cities to win the projects over chennai?

I believe chennai roads are far better in widths than other major cities where the bulding heights are between 200m and 400m for under construction and approved projects.

I would like this forum friends to let us more about chennai present construction boom and genuine reasons for us to lag behind other Indian cities!!!

Chennai is lagging too much behind in under constructions and upcoming projects of skyscrapers. It is behind even second string metros like Cochin and Ahmedabad. No need to say it is far behind Bangalore and Hyderabad. Skyscrapers do add more elegance and illustrates faster developement of a city. don't know what makes chennai still sleeping in this construction boom where as in other major cities, governing bodies are approving quite faster for projects like multi storeyed Trade Centres,business parks and IT hubs. It is said that Chennai sky limit is controlled not to exceed 60m high by the govt citing as road widths as one of the reasons and chennai harbour rador system is a blockade to elevate the buildings beyond its height. How long are we going to keep these reasons to curb the future development of the city which makes other cities to win the projects over chennai?

I believe chennai roads are far better in widths than other major cities where the bulding heights are between 200m and 400m for under construction and approved projects.

I would like this forum friends to let us more about chennai present construction boom and genuine reasons for us to lag behind other Indian cities!!!

^^
Who said skyscrapers illustrates faster development in a city ? Ever heard of Muscat , Paris , London ? I don't think they boast of many skyscrapers . But they are way better than any Indian city can ever be . :lol: :nuts:

Cities like London have grown as a cosmopolitan city but have maintained their old charm throughout the ages. Such a growth is needed for chennai. One can still see the chennapattinam in the small lanes of triplicane and mylapore. Growth of skyscrapers have been earlier restricted due to the presence of a weather radar at chennai port. As the radar has been shifted to a higher place in the pallavaram hillock last year, tall buildings are slowly but surely soaring into the skies above chennai.

Cities like London have grown as a cosmopolitan city but have maintained their old charm throughout the ages. Such a growth is needed for chennai. One can still see the chennapattinam in the small lanes of triplicane and mylapore. Growth of skyscrapers have been earlier restricted due to the presence of a weather radar at chennai port. As the radar has been shifted to a higher place in the pallavaram hillock last year, tall buildings are slowly but surely soaring into the skies above chennai.

The Met Radar has not been shifted yet. The DST has given a formula . You can calculate the max height achievable with inputs like distance from Port Trust and Airport. The details were posted in SSC forum earlier.

Now DST is planning to instal more Doppler Radars at multi locations so that we may not have problems. But it may take years.

With the formula, only Chenglepet and Kanchipuram locality can boast of real skyscrapers. Thnough Hiranandani MANAGED to get 100 metres height, there are other issues.

Skyscrapers are definitely signs of development/growth of a city.

Paris and London do have skyscrapers/highrises. Few days back the SSC banner was of London which showed its impressive skyline.

Tallest building in London, One Canada Square is having 235m and 50 floors. 235m is equivalent to a residential building having about 78 floors.

Paris too have impressive highrises, with Eiffel tower touching 300m and Mont Parnasse Tower with 60 floors and 210m.

Muscat is no comparison here, with just 6 lakhs population. Do you want to compare it with Chennai having 10 -12 times its size?

Finally this is basically a 'SKYSCRAPER FORUM'. The prime focus of this forum is highrises & skyscrapers.



^^
Who said skyscrapers illustrates faster development in a city ? Ever heard of Muscat , Paris , London ? I don't think they boast of many skyscrapers . But they are way better than any Indian city can ever be . :lol: :nuts:

I dont think Chennai will get any real skyscraper any sooner or it'll never get!!

Skyscrapers are definitely signs of development/growth of a city.

Paris and London do have skyscrapers/highrises. Few days back the SSC banner was of London which showed its impressive skyline.

Tallest building in London, One Canada Square is having 235m and 50 floors. 235m is equivalent to a residential building having about 78 floors.

Paris too have impressive highrises, with Eiffel tower touching 300m and Mont Parnasse Tower with 60 floors and 210m.

Muscat is no comparison here, with just 6 lakhs population. Do you want to compare it with Chennai having 10 -12 times its size?

Finally this is basically a 'SKYSCRAPER FORUM'. The prime focus of this forum is highrises & skyscrapers.

During my six years stay in chennai during the eighties my experience is that the people there do not relish to dwell in highrise buildings.Now due to increasing land costs they are forced to occupy the so called highrise apts where most of them average three to four floors.I am hearing this radar problem for the past fifteen years which is being pointed out as the stumbling block for constructing skyscrapers in chennai.If the authorities in chennai/TN are serious of really permitting highrise buildings they would have resolved this issue long time back.Chennaites excuses for this by quoting London,Paris and Muscat looks absurd.Chennai has got a good length of fairly wide roads supported with a good suburban railway network and the construction of highrises along this routes would have increased the look of the city.It is a tragedy that the local people there do not comprehend the strength of their city.:(

Skyscrapers do illustrate faster development of a city. I didn't say they are the only way of developing a city.As sudheeshnairs told Muscat is no comparison here and London and Paris do have high rises now a days. I would say both London and Paris are also not fair to compare with Chennai as they are well developed cities atleast a century before if I'm not wrong. If you want to compare any Indian city with outsiders, compare cities from China where investment and developement are mainly thru service sectors similar to India which is now the prime factor of attracting foriegn investments in this comtemporary world where infrastructure is the backbone. London and Paris didn't use this strategy to develop their cities before but they are switching to this transformation now if u can closely watch, especially London.

Certainly, highrises will prevent from horizontal growth of the city. Horizontal growth will end up with traffic mess and cause transport related problems.

Finally this is basically a 'SKYSCRAPER FORUM'. The prime focus of this forum is highrises & skyscrapers.

you mean to say since this is a skyscrapercity forum, we all need to support skyscrapers?

During my six years stay in chennai during the eighties my experience is that the people there do not relish to dwell in highrise buildings.Now due to increasing land costs they are forced to occupy the so called highrise apts where most of them average three to four floors.I am hearing this radar problem for the past fifteen years which is being pointed out as the stumbling block for constructing skyscrapers in chennai.If the authorities in chennai/TN are serious of really permitting highrise buildings they would have resolved this issue long time back.Chennaites excuses for this by quoting London,Paris and Muscat looks absurd.Chennai has got a good length of fairly wide roads supported with a good suburban railway network and the construction of highrises along this routes would have increased the look of the city.It is a tragedy that the local people there do not comprehend the strength of their city.:(

you are wrong ranga. chennai always had that 3-4 floor flats that bangalore/hyderabad never had. and that is the reason why chennai is far more denser than them. infrastructure in chennai might be better than bangalore, but that cannot be the reason for skyscrapers in chennai. you cannot quote poor decisions by bangalore/hyderabad planners and say chennai should follow. chennai is already one of the densest cities in the world with the the kind of buildings that exist today in chennai. and btw, that 2 ground (4800 sq ft) house that my parents own in anna nagar has far more number of trees than that 20 acre high rise apartment in bangalore that has ZERO. why? because high rises are always concrete. they need all that basements and more, some 5-10 times, for u/g concrete basement car parks. you can have those lawns and shrubs but not trees.

this has been debated many times before on this forum and thankfully the people who plan the city of chennai seem to understand this well and have said no to FSI higher than current levels. build skyscrapers but within FSI limits specified by cmda. it is in master plan 2. they are even considering a no to FSI transfers within city. clearly they are thinking & debating.

^^
Yes.Premium FSI proposal within the City, proposed by the Govt has been blocked by CMDA committee. Thank God, some officers are resisting Govt move. I love it.

yup, I've seen tat CMDA returning back the premium FSI!! But the govt. again insisting CMDA for premium FSI... Hope CMDA dont give in..
One of the good moves my CMDA!:cheers:

yup, I've seen tat CMDA returning back the premium FSI!! But the govt. again insisting CMDA for premium FSI... Hope CMDA dont give in..
One of the good moves my CMDA!:cheers:

I'm confused by this - why is this a good move? I don't think I have a particularly good grasp of how FSI works and what the implications of higher/lower FSI are.

Nod for premium floor space index in city & suburbs


Jayaraj Sivan | TNN


Chennai: Overruling the objections raised by an expert committee, the Chennai Metropolitan Development Authority (CMDA) has given its nod for introducing premium floor space index (FSI is the ratio of built-up area to land area) in the Chennai metropolitan area. This covers 1,189 sq km falling under one corporation, 16 municipalities, 20 town panchayats and 214 villages in Chennai, Kancheepuram and Tiruvallur districts.
The 23-member authority, which met on January 22, chose to accept the government’s view that extra FSI was needed more within the city, where there is an acute shortage of developable space, than in the outlying areas. The decision brings to an end the standoff between the regulatory agency and the government on the premium FSI issue.
A highly placed source said, “Once we get a formal recommendation from the CMDA, we will pass a Government Order introducing premium FSI.”
The premium FSI was introduced in the recently unveiled second master plan, and was meant only for specific areas. The master plan said a premium FSI of 0.5 — over and above the normally permitted FSI —would be given to special buildings (ground-plus-three floors or stilt-plus-four floors). For multi-storeyed buildings, the premium FSI was fixed at 1.
As per CMDA norms, the builders will have to pay guideline value of the virtual land to enjoy premium FSI. In simpler terms, if a builder gets normal FSI of 1.5 on a 100 sq ft piece of land and if he wants to enjoy premium FSI of 0.5, he will have to pay the guideline value (fixed by the registration department) of 33.33 sq ft of virtual land to construct the additional built-up area of 50 sq ft.

Expert panel was told to review objection to premium FSI in city


Chennai: As per new norms of the Chennai Metropolitan Development Authority, builders have to pay guideline value of virtual land to enjoy premium floor space index (FSI is the ratio of built-up area to land area). The amount thus collected will be kept in an escrow account and be utilized for infrastructure development.
Premium FSI became a bone of contention when the CMDA, while framing rules, chose to subscribe to the views expressed by the expert committee and suggested that it be introduced only in outlying areas of the city — Chennai metropolitan area limits excluding Chennai corporation area. The reason cited was that the corporation limits were already choked and any further relaxation of norms would throw traffic and civic amenities out of gear. But the government sent the proposal back to the CMDA asking it to reconsider its stand.
The matter was placed before the expert committee comprising various stakeholders like builders, city planners, architects and environmentalists, which again reiterated its stand. Following this, it was placed before a meeting of all CMDA members, chaired by Parithi Ellamvazhuthi, minister for urban development.
A source in the government said, “The authority decided to accept the government’s argument that builders will apply for extra FSI only within the city where there is basic infrastructure and also the land value is very high. It will be a good source of revenue for the government. Just because the CMDA permits extra FSI, nobody is going to construct skyscrapers in far-flung areas.” If the premium FSI is given retrospective effect, it could come as a breather for more than 1.7 lakh violations, mostly commercial buildings, within the city.
The president of the Confederation of Real Estate Developers’ Associations of India (Tamil Nadu chapter), Prakash Challa, said, “It can bring down the cost of apartments within the city, where land price is prohibitive. But it should be introduced only for new buildings. It should not be given retrospective effect. If so, it will be a ploy for regularising earlier violations.”
MG Devasahayam, managing trustee of Sustain, an NGO, said, “When premium FSI was introduced in the second master plan, its objective was to encourage development in outlying areas. But what the CMDA has done now will lead to congestion within the city.”

http://epaper.timesofindia.com/Repository/getimage.dll?path=TOICH/2009/01/28/1/Img/Pc0011800.jpg
MORE ROOM

Premium FSI of 0.5 will be given for ground-plus-3 floors

It will also be given to multistoreyed buildings

Premium FSI could help clear 1.7 lakh building violations

Government will use revenue for developing infrastructure



http://epaper.timesofindia.com/Daily/skins/TOI/navigator.asp?Daily=TOICH&login=default

yup, I've seen tat CMDA returning back the premium FSI!! But the govt. again insisting CMDA for premium FSI... Hope CMDA dont give in..
One of the good moves my CMDA!:cheers:


not really pal:lol:....
http://epaper.timesofindia.com/Default/Scripting/ArticleWin.asp?From=Archive&Source=Page&Skin=TOI&BaseHref=TOICH/2009/01/28&PageLabel=1&EntityId=Ar00103&ViewMode=HTML&GZ=T

Nod for premium floor space index in city & suburbs
Jayaraj Sivan | TNN

Chennai: Overruling the objections raised by an expert committee, the Chennai Metropolitan Development Authority (CMDA) has given its nod for introducing premium floor space index (FSI is the ratio of built-up area to land area) in the Chennai metropolitan area. This covers 1,189 sq km falling under one corporation, 16 municipalities, 20 town panchayats and 214 villages in Chennai, Kancheepuram and Tiruvallur districts.
The 23-member authority, which met on January 22, chose to accept the government’s view that extra FSI was needed more within the city, where there is an acute shortage of developable space, than in the outlying areas. The decision brings to an end the standoff between the regulatory agency and the government on the premium FSI issue.
A highly placed source said, “Once we get a formal recommendation from the CMDA, we will pass a Government Order introducing premium FSI.”
The premium FSI was introduced in the recently unveiled second master plan, and was meant only for specific areas. The master plan said a premium FSI of 0.5 — over and above the normally permitted FSI —would be given to special buildings (ground-plus-three floors or stilt-plus-four floors). For multi-storeyed buildings, the premium FSI was fixed at 1.
As per CMDA norms, the builders will have to pay guideline value of the virtual land to enjoy premium FSI. In simpler terms, if a builder gets normal FSI of 1.5 on a 100 sq ft piece of land and if he wants to enjoy premium FSI of 0.5, he will have to pay the guideline value (fixed by the registration department) of 33.33 sq ft of virtual land to construct the additional built-up area of 50 sq ft. Expert panel was told to review objection to premium FSI in city
Chennai: As per new norms of the Chennai Metropolitan Development Authority, builders have to pay guideline value of virtual land to enjoy premium floor space index (FSI is the ratio of built-up area to land area). The amount thus collected will be kept in an escrow account and be utilized for infrastructure development.
Premium FSI became a bone of contention when the CMDA, while framing rules, chose to subscribe to the views expressed by the expert committee and suggested that it be introduced only in outlying areas of the city — Chennai metropolitan area limits excluding Chennai corporation area. The reason cited was that the corporation limits were already choked and any further relaxation of norms would throw traffic and civic amenities out of gear. But the government sent the proposal back to the CMDA asking it to reconsider its stand.
The matter was placed before the expert committee comprising various stakeholders like builders, city planners, architects and environmentalists, which again reiterated its stand. Following this, it was placed before a meeting of all CMDA members, chaired by Parithi Ellamvazhuthi, minister for urban development.
A source in the government said, “The authority decided to accept the government’s argument that builders will apply for extra FSI only within the city where there is basic infrastructure and also the land value is very high. It will be a good source of revenue for the government. Just because the CMDA permits extra FSI, nobody is going to construct skyscrapers in far-flung areas.” If the premium FSI is given retrospective effect, it could come as a breather for more than 1.7 lakh violations, mostly commercial buildings, within the city.
The president of the Confederation of Real Estate Developers’ Associations of India (Tamil Nadu chapter), Prakash Challa, said, “It can bring down the cost of apartments within the city, where land price is prohibitive. But it should be introduced only for new buildings. It should not be given retrospective effect. If so, it will be a ploy for regularising earlier violations.”
MG Devasahayam, managing trustee of Sustain, an NGO, said, “When premium FSI was introduced in the second master plan, its objective was to encourage development in outlying areas. But what the CMDA has done now will lead to congestion within the city.”

I expected this to happen and happy to see this development. Chennai cannot afford to grow horizontally any more. Thousands of acres of lakes and agricultural lands in chennai's suburban areas have have been concretized.
Vertical growth is the only way to go for this land starved city. All we need is nice roads, mass transit and improved drainage facilities. I hope chennai metro and proposed expressways should take care of the traffic infrastructure to some extent.

I think the discussion here is moving more towards premium FSI rather than what the thread talks about.

not really pal:lol:....
http://epaper.timesofindia.com/Default/Scripting/ArticleWin.asp?From=Archive&Source=Page&Skin=TOI&BaseHref=TOICH/2009/01/28&PageLabel=1&EntityId=Ar00103&ViewMode=HTML&GZ=T



I expected this to happen and happy to see this development. Chennai cannot afford to grow horizontally any more. Thousands of acres of lakes and agricultural lands in chennai's suburban areas have have been concretized.
Vertical growth is the only way to go for this land starved city. All we need is nice roads, mass transit and improved drainage facilities. I hope chennai metro and proposed expressways should take care of the traffic infrastructure to some extent.

Thats really really sad!! :ohno: WTF they're bowin to govt. for premium FSI??
It'll make city more denser than ever. Already chennai is one of the most denser cities in the world!!


Fine.. now we'll stop these here..!! We'll concentrate on MARG Swarnabhoomi! :P Any updates!?!

A School (BVM GLOBAL) is coming up at MARG Swarnabhoomi...

http://timesofindia.indiatimes.com/Chennai/Parents_welcome_week-long_residential_school_concept/articleshow/4133347.cms

http://www.margswarnabhoomi.com/press_view.php?id=8

According to these links, it is expected to start operation in July 2009 itself. :)

Is apartments getting ready within this community any companies coming up or already booked with this SEZ

I am interested to know if the construction of 75 storied hotel complex by Marg swarnabhoomi is dropped or they could not get CMDA approval.
I think 75 story building may be the best land mark for chennai city.

Marg Swarnabhoomi:

This project is near Pondicherry off East Coast Road. They may not go for high rise towers at all. From marketing angle, it is better to plan villas and low rise apartments there.

The school project is mainly to attract people to the site. As the site is very far off from Chennai, it will be very difficult to attract customers.

Thats really really sad!! :ohno: WTF they're bowin to govt. for premium FSI??
It'll make city more denser than ever. Already chennai is one of the most denser cities in the world!!


Fine.. now we'll stop these here..!! We'll concentrate on MARG Swarnabhoomi! :P Any updates!?!

Chennai may become the densest city in the World. That need not be a problem if it is managed with appropriate technology, proper planning and infrastructure development. India has no choice but learn to do this well to support the huge urbanization wave that is expected to hit its cities in the next few decades.

Tamil Nadu has a population density of over 500/sq Km. The Gangetic plain (from Punjab to Bengal) is projected to exceed an astonishing 1000/sq km. These are THE densest regions on the planet.

I think this looks promising but too far away from chennai so I am not sure how this will be received.

http://img8.imageshack.us/img8/1219/marg.jpg

In the changing real estate scenario, there are a variety of options for the consumer to choose from. Deepti Sivakumar explores the concept of townships and its offerings


Imagine if your office is only a 15-minute walk from your home, and the supermarket is just down the road. You can drop the kids to school on your way to work and after school they can spend time at the play area. In the evenings, you can lounge at the park and then take the family out for dinner at the club. Sounds like the perfect way to live?
Thankfully, it's not a distant dream anymore. Recently, Marg Ltd announced a strategic partnership with Bala Vidya Mandir, to launch BVM Global, a residential school at Marg Swarnabhoomi. Marg's mega infrastructure project, Swarnabhoomi was launched in February 2008 off the East Coast Road. Spread over 1,000 acres, Marg Swarnabhoomi includes two notified Special Economic Zones for Multi Services and the Engineering Sector including auto ancillaries. The project will also include upto 15,000 residential units, luxury villas, educational institutions, hospitals and other social and support infrastructure.
Marg Swarnabhoomi is only one among the many townships that are mushrooming around Chennai giving the city dweller an option to live away from the humdrum of the city while not missing out on the city's facilities. As the city limits get stretched to accommodate the growing population, townships are an effective way to manage the work-life balance. "Most IT companies and manufacturing companies have their offices outside city limits," says P Suresh, Managing Director, Arun Excello Ltd, "And, hence it becomes imperative for developers to offer residential solutions to the people who work in these areas." Arun Excello Ltd has collaborated with Larsen & Toubro to develop L&T Estancia, a township at Vallancheri, off GST Road.
"Townships are of two kinds - ones with economic activity and the ones with no economic activity," explains GRK Reddy, Chairman, Marg Ltd. Mahindra World City, for instance is a township with economic activity. A completely residential township would be an example for a township with no economic activity. "As a concept, a township with economic activity works better, as the residents don't have to go elsewhere for work. Otherwise it just becomes another large scale housing project," he adds. An example of a completed tonwship, Mahindra World City (MWC) is located on NH 45 right after Maraimalainagar. Spread over 1,500 acres, MWC combines state-ofthe-art facilities for business with world-class facilities for retail, leisure, hospitality and residential housing. On the anvil are two other township projects by Hiranandani near Sriperumbudur.
"Townships offer the facilities of a modern business city,” says Suresh, “packaged with high-end infrastructure enabling investors to set up operations with ease. This coupled with residential solutions, leisure, and lifestyle solutions make the concept very attractive." Townships also offer an alternative to decongesting the city. "Decongestion of the cities is the biggest advantage that these townships offer," says Reddy, "People don't prefer living in far off places because of the travelling time and the quality of life. Plus there’s the feeling of living in a community." As mini-cities away from the main city, townships as a concept are catching on quick. And with real estate in the city reaching saturation levels, the consumers can do with all the options.

http://epaper.timesofindia.com/Default/Scripting/ArticleWin.asp?From=Archive&Source=Page&Skin=TOI&BaseHref=TOICH/2009/02/28&PageLabel=13&EntityId=Ar01300&ViewMode=HTML&GZ=T

anybody has any idea how this project by lee kim tah holdings is goin ?

i read it way back in 2004 about this ? any idea about this ?

http://www.singaporerealty.net/southlands/

i dont think the project is scrapped

jus go thru the financial statement of lee kim tah for the year 2008 . it mentions this project out there

"Bank loans of Rs.30 million secured against on a development property in Chennai for the India township project"

I dont knw wat this exactly means ? but y shud it be mentioned if the proj is scrapped ?

the link for financial statement of lee kim tah for the year 2008

http://www.leekimtah.com/pdfs/FY2008Results.pdf

Any news on the current status of tat project?

looks they are starting for the admission in the campus school...

so construction is going on or gonna start??

http://epaper.timesofindia.com/Repository/getimage.dll?path=TOICH/2009/03/15/3/Img/Ad0030811.png

TOI

^^ If they're taking admissions for July 2009 then it must be complete or at least very nearly complete..

...so construction is going on or gonna start??

The project broke ground nearly a year ago. Construction of Phase-I is currently on. Phase-II should be starting anytime now (if it hasn't yet, that is). The buyers are expected to take possession of flats between the end of this year and the first quarter of 2010.

U/C pictures

http://http://www.margswarnabhoomi.com/master-plan.html

The project broke ground nearly a year ago. Construction of Phase-I is currently on. Phase-II should be starting anytime now (if it hasn't yet, that is). The buyers are expected to take possession of flats between the end of this year and the first quarter of 2010.

Until jobs are created what is the use of apartments

Most of the buildings alloted for IT companies are still vacant in chennai. Then what is the need for these new buildings as there are no people to occupy them ?????????????

Most of the buildings alloted for IT companies are still vacant in chennai. Then what is the need for these new buildings as there are no people to occupy them ?????????????

Buildings constructed before recession cannot be dismantled now.They are vacant not only in chennai but in all the IT concentrated cities.May be occupancy picks up once the recession ends.It is only hope.The pre- recession boom period in the IT industry in India will never come.If outsourcing as a service slackens in the future the millions of sqft of IT space constructed will go waste and the builders/promoters are doomed.

Until jobs are created what is the use of apartments

They aren't targetting the jobless, now are they? :|

The pre- recession boom period in the IT industry in India will never come.If outsourcing as a service slackens in the future the millions of sqft of IT space constructed will go waste and the builders/promoters are doomed.

:lol:! Whatever get's you off.

Can someone provide update on this proj with latest pics??? thanks

^^I posted a link to there website that has updates on it. Its in post number 63. Click on it.

The website provides the "Plan" - not sure what is the actual progress!!!

Ok try this one

http://www.margswarnabhoomi.com/gallery.html

Thanks.....moving at a snail's pace though...dono when will this be completed!!!!

Speed seems fast to me.
They claim to complete some apartments this year itself.

http://www.margswarnabhoomi.com/gallery.html

Speed seems fast to me.
They claim to complete some apartments this year itself.

http://www.margswarnabhoomi.com/gallery.html

Thanks Shriram for the good news.

Chennai, May 6 Marg Ltd, whose subsidiary, New Chennai Township Pvt Ltd, is developing a mini-city 75 km south of Chennai, says it will deliver the first set of 330 apartments in July.

Construction is nearing completion in the first phase and most of the houses have been sold, Marg’s Chairman and Managing Director, Mr G.R.K. Reddy, said at a press conference here today. In the second phase, the ‘Marg Swarnabhoomi’ project will deliver the second set of 360 apartments by December, he said.

Marg is selling these apartments at an “affordable price” of around Rs 1,600 a sq ft, he said.

The 633-acre Marg Swarnabhoomi is designed to be a city containing both residential and commercial blocks. New Chennai Township Pvt Ltd is developing two Special Economic Zones as part of the project.

One of them is for manufacturing (light engineering) and the other, services. Mr Reddy said that 14 companies have agreed to buy space in the SEZs. He could not name them, being bound by confidentiality agreements.

As part of the township, New Chennai Township is also developing the ‘social ecosystem’. BVM Global is putting up a residential school and medical facilities and shopping malls and the like are coming. Today, one more element of the ecosystem was announced.

New Chennai Township has partnered with Guitarist Prasanna to bring in a ‘Swarnabhoomi Academy of Music’. The college will open in July 2010 and offer, to start with, a one-year diploma in music.

http://www.thehindubusinessline.com/2009/05/07/stories/2009050751301700.htm

just wondering...is the landmark tower still on?

^^
it is best we ask this question a decade from now. until then, i suggest we bury this thread and save people from clicking it after every new post inquiring the status.

just wondering...is the landmark tower still on?

No. Its gone. This is not much of a mega proejct anymore.

http://img26.imageshack.us/img26/5154/20aug.jpg

Progress is slow..but sure. There will be a couple of announcements in the coming weeks.

Progress is slow..but sure. There will be a couple of announcements in the coming weeks.

yeah the announcement has been made. AR Rahman's concert to be held at MARG Swarna Bhoomi on Oct 11th.

^^ Mostly people dont care much about the locations of such Concerts. What is the main advantage for Marg is that they are the Prime sponsors of this concert. This is something great, that they were able to pull up such a big thing. Good aggressive marketing

68KOU5cNb0g

http://img186.imageshack.us/img186/3861/chennaimarg1xu8.jpg
^ View of services and residential zone

http://img301.imageshack.us/img301/9609/chennaimarg3fc2.jpg
^ Services zone

http://img404.imageshack.us/img404/5564/01bc1.jpg
^ Services zone

http://img296.imageshack.us/img296/8905/chennaimarg2ir6.jpg
^ Services zone



Is stuff like this still left, or are they gone too?

any site updates???

They got some on their website.

http://www.business-standard.com/india/news/marg-to-setknowledge-hub/389392/

Marg Limited, a Chennai-based diversified infrastructure development company, is planning to develop four million sft of knowledge hub at Marg Swarnabhoomi, a special economic zone promoted by it near Chennai.

Speaking to reporters, GRK Reddy, chairman and managing director, Marg Ltd, said of the four million sft, 2.45 million sft would be mainly for research and development for IT, automotive, pharmaceutical and electronics industries. Marg on Monday entered into a tie up with US-based Virginia Tech to establish a university — Virginia Tech Marg Swarnabhoomi — in the SEZ.

“We expect the knowledge hub to attract investment worth Rs 1,000 crore,” said Reddy. The hub already has a school, set up by Bala Vidya Mandir.

The SEZ will also have an academy for music, which is expected to start in July this year. It would offer a range of courses including PG, UG and doctoral programmes.

The university would offer advanced education and research in the fields of nanoscale science and engineering, nano biotechnology, biotechnology, information technology, automotive engineering. The campus will be managed and operated by a joint trust. Marg proposes to develop the required infrastructure for the trust.

Hi, recently I booked MARG in Chennai (75 Kms from Chennai) in a project called Utsav.

I was advised by MARG that this project has 10,000 Acres. But when I visit their official site, they are quoting only 1000 Acres. Why? Am I being cheated?

They have given me lots of promises, and are all true to happen? Please confirm.

Let me know if anyone else too has booked in this project.

To my knowledge 3 tier road is coming from Marina Beach to Pondicherry. I don't know when it will get completed. Similarly, Elevated train coming up from Marina Beach to Pondicherry. How true?

Is it true that mono rail will ply along with sky walk in MARG Swarnaboomi? Will there by shuttle from this place to important place like Chennai Central Station and Chennai Airport?

Hi, recently I booked MARG in Chennai (75 Kms from Chennai) in a project called Utsav.

I was advised by MARG that this project has 10,000 Acres. But when I visit their official site, they are quoting only 1000 Acres. Why? Am I being cheated?

They have given me lots of promises, and are all true to happen? Please confirm.

Let me know if anyone else too has booked in this project.

To my knowledge 3 tier road is coming from Marina Beach to Pondicherry. I don't know when it will get completed. Similarly, Elevated train coming up from Marina Beach to Pondicherry. How true?

Is it true that mono rail will ply along with sky walk in MARG Swarnaboomi? Will there by shuttle from this place to important place like Chennai Central Station and Chennai Airport?


Firstly there is no need for a three tier road as ECR is not saturated till Pondy. Secondly its not elevated train. There is a proposal or rather desire to have MRTS extended till Mahabs (from the Second Master Plan) and possibly till Pondy (Possibly due to the logical sense it makes). In any case the trains will not run before 2015 for sure. I believe in the last budget there was a sanction for survey. (I could be wrong due to my memory). :ohno:

MARG has definitely hyped a lot of things in the past. I am not sure if this is some hyped marketing info you are talking about.

My comments...

Hi, recently I booked MARG in Chennai (75 Kms from Chennai) in a project called Utsav.

I was advised by MARG that this project has 10,000 Acres. But when I visit their official site, they are quoting only 1000 Acres. Why? Am I being cheated? [No idea]

They have given me lots of promises, and are all true to happen? Please confirm.

Let me know if anyone else too has booked in this project.

To my knowledge 3 tier road is coming from Marina Beach to Pondicherry. I don't know when it will get completed. Similarly, Elevated train coming up from Marina Beach to Pondicherry. How true? [Both are False!]

Is it true that mono rail will ply along with sky walk in MARG Swarnaboomi? [No. But mabbe their dream. If so, may take a decade to happen] Will there by shuttle from this place to important place like Chennai Central Station and Chennai Airport? [No AFAIK. Even if they are planning, I don't see that happening at least until 2015-16.]

Hi, recently I booked MARG in Chennai (75 Kms from Chennai) in a project called Utsav.

I was advised by MARG that this project has 10,000 Acres. But when I visit their official site, they are quoting only 1000 Acres. Why? Am I being cheated?

They have given me lots of promises, and are all true to happen? Please confirm.

Let me know if anyone else too has booked in this project.

To my knowledge 3 tier road is coming from Marina Beach to Pondicherry. I don't know when it will get completed. Similarly, Elevated train coming up from Marina Beach to Pondicherry. How true?

Is it true that mono rail will ply along with sky walk in MARG Swarnaboomi? Will there by shuttle from this place to important place like Chennai Central Station and Chennai Airport?

Its our responsibility to do due diligence before invest anything. Those questions you asked like train, roads..etc are so easy to check ... I don't think the MARG cheated u ....may be some middle man or agent might told u all those fancy stories...

But my point ...you no need to worry too much if you not bought that for resale in short term......... with those facilities and things like Virginia Tech i hope it will soon turn as a good investment.

Please share here if you got any other info. Thanks.

Its our responsibility to do due diligence before invest anything. Those questions you asked like train, roads..etc are so easy to check ... I don't think the MARG cheated u ....may be some middle man or agent might told u all those fancy stories...

But my point ...you no need to worry too much if you not bought that for resale in short term......... with those facilities and things like Virginia Tech i hope it will soon turn as a good investment.

Please share here if you got any other info. Thanks.

They have already sold 1000flats.In fact Marg Swarnabhoomi sold 600 flats in 6 months.Daily on an average more than 100 enquires are made.

Thanks for all the information.

Had some more ground works, and found that the whole project as of now is for 1000 Acres comprising both Resedential and Commercial. They are planning for 10,000 Acres, as nearby land acquisition is in process it seems.

Within a span of week's time, I see that the rates have increased by 100 Rupees. Today it is 1400 Rupees for Utsav Phase 2. Navaratna is still in little costiler side as they have varities like duplex, penthouse, vetried tiles, imported window shutters.

The main difference I find between Navaratna and Utsav besides the above stated is, the amenties for Utsav is more compared to Navaratana.

The thrid phase they are planning either for high-rise building, which they quote somewhere near to Rs. 2400 per sft.

Other than that, it's okay with the information I got on State Governement project like 3-Tier road and MRTS. Hope this should gradually pickup. By the way any ideas on the Mono-rail that plies inside the campus?

It was good to see the whole land planned with objectives.

Please share your information too!

New Chennai Township, Swarnabhoomi, ECR, India - Photo Copyright Marg ProperTies
:cheer::cheer::cheer::cheer:

http://farm5.static.flickr.com/4121/4884151321_96e1a3a67b_b.jpg

http://farm5.static.flickr.com/4101/4888252571_c2820bbf1b_b.jpg

http://farm5.static.flickr.com/4137/4875468404_66f73ed871_b.jpg

http://farm5.static.flickr.com/4137/4875446668_c4bd63948f_b.jpg

http://farm5.static.flickr.com/4075/4800464053_07e9e521f4_b.jpg

http://farm5.static.flickr.com/4077/4801074268_7842e6efea_b.jpg

http://farm5.static.flickr.com/4114/4801075090_c19fa2cbe7_b.jpg

http://farm5.static.flickr.com/4102/4801070028_1433f0cb93_b.jpg

http://farm3.static.flickr.com/2632/4178371240_a04c286a9a_b.jpg

source - http://www.flickr.com/photos/margproperties/

nice to see these pictures

hope - it should comes true

I think it's now time that 4-laning ECR from Chennai all the way to Pondy is actively considered, rather than just upto Mahabs..

I think it's now time that 4-laning ECR from Chennai all the way to Pondy is actively considered, rather than just upto Mahabs..

Absolutely.

George, thanks for the pics. Do you also have construction pictures pls - not sure how far has this project gone...

http://farm5.static.flickr.com/4140/4801076012_0f17499e7b_b.jpg

http://farm5.static.flickr.com/4076/4884153609_17659749dc_b.jpg

http://farm5.static.flickr.com/4116/4801090070_3d149b4bd2_b.jpg

http://farm5.static.flickr.com/4135/4800351917_c547cf04e1_b.jpg

http://farm5.static.flickr.com/4077/4800864026_034dfeeda6_b.jpg

http://farm5.static.flickr.com/4077/4800903240_76219769c8_b.jpg

http://farm5.static.flickr.com/4139/4800904924_7036cd7b04_b.jpg

Wow What an improvement?

Great to See

Nice Updates

Thanks Georgenadar!!

Seekinankuppam is Developing by means of Marg SwarnaBhoomi

Seekinankuppam is now become SwarnaBhoomi

http://news.chennaionline.com/chennai/MARG-science-park-coming-up-at-swarnabhoomi/7f7ccf1f-5079-419f-8c9a-da0593e2034d.col

MARG Limited, India’s leading diversified infrastructure development company, today announced the setting up of the MARG Science Park, a world class facility for cutting edge research in life sciences technologies, at MARG Swarnabhoomi.

The foundation stone for the Science Park was laid by Dr. Rajendra Kumar Pachauri, Chief, Intergovernmental Panel on Climate Change; Director General, TERI; & Head - Yale Energy and Climate Institute.

MARG Science Park will be spread over 40 acres and would house world class ready-to-use wet laboratory space for research in various sectors of life sciences such as biotechnology, biopharmaceuticals, contract research, nanotechnology, agri–technology, medical devices etc.

Yesterday (Sept 18th) MARG Swarnabhoomi launched Maha Utsav. I think, the features & amenties are the same, except the floor rise is high (8 floors) and the elevation is different. The sizes are also good to live. They are quoting 1599/- INR per sft.


Recently, when I again re-read the agreement of my booked apartment (H Block), it states that the Township Amenities charges is 1,25,000/- INR. Is this not a general common Amenties Charges. Why this charge is differing from one who has booked 2BHK and 2 BHK+, and 3BHK? This price is quoted as variable per unit? Why? Any reason for it?


Moreover, the H Block is still to start the plinth work. And I am looking for SBI loan. All other associated banks have approved it, and SBI is still not approved. MARG says its in final stage. Will it get approved.


By the way, which bank do you feel is the best in terms with MARG. To my knowledge, the banks that are tied up with MARG are HDFC, Andhra Bank, India Bulls, SBI, Federal Bank.

^^ hdfc is good uncle

http://www.hindu.com/2010/10/02/stories/2010100251491700.htm

MARG Ltd. recently announced the setting up of the MARG Science Park, a facility for cutting edge research in life sciences technologies, at MARG Swarnabhoomi. The foundation stone for the Science Park was laid by Rajendra Kumar Pachauri, Chief, Intergovernmental Panel on Climate Change; Director General, TERI; & Head - Yale Energy and Climate Institute.

Dr. Pachauri saidthe MARG Science Park has the potential to become a world class facility and a great centre for cutting edge research.in the area of life sciences in India.

Any owners of Marg Utsav here? Or who have booked?::)

Finishing school promises to bridge skill gaps

http://ibnlive.in.com/news/finishing-school-promises-to-bridge-skill-gaps/153938-60-120.html

CHENNAI: MARG, the Satellite city in the making that sits mid way between Chennai and Pondicherry on the ECR, nestled between water bodies and greenery, perhaps has another reason to celebrate. On Monday, they formally launched Exemplarr Worldwide’s new state-of-the-art operations facility and finishing school at the Amrita Research and Innovation Park in MARG Swarnabhoomi.
Lakshmi Narayanan, vice-chairman, Cognizant Technology Solutions, who inaugurated the facility, said, “In this age of globalisation, there is a huge demand for quality talent. When students come out of the colleges, they lack the necessary skill sets that are required to productively contribute at workplace. This model of finishing school comes at the right time and we need more such initiatives to capitalise on the happening global free movement of talent.”
Exemplarr Worldwide, launched in 1999 offering KPO and BPO services, has come up with this finishing school that proposes to bridge the gap between skill sets produced by the universities and the skill expectations of the industry. Ranjini Reddy, MD, Exemplarr Worldwide, spelling out the strategy for the finishing school, said, “Taking stock of the demand for training these days in the market, we have planned to adopt a three-tier model. First, we will devise our own training programmes offered by our trainers. The second, the corporates can opt for our training programs and we can customise for them. The third model, we can lease out space and they can bring in their own trainers and modules.”
GRK Reddy, chairman and MD, MARG Group, said, “The coming of Exemplarr Worldwide with this facilty will add a boost to the MARG eco system, where people can live, work and have a lifestyle that is sustainable. It will also enhance their productivity.”

What happened to their grandiose buildings? All I get to see is low cost apartment complexes which are far from being futuristic. I hope Marg does not disappoint me as I had great hopes on their plans.

Based on the construction update, i can certainly say that they have fallen short of renders

I visited the MARG swarnabhoomi after the recent launch of Ayush project and have few queries.

On the registration part its was told 99yrs lease. I went through this complete thread but couldn't clarifed yet how it will work. Can someone please explain what happens after 99yrs although they specify its renewable lease?

Apart from that is MARG provide any delay charges if the project delayed ?

Please move this thread to Pondicheri.

I dont know why it is in Chennai Thread.

MARG Swarnabhoomi is in Pondicheri not Chennai.

^^

Its in Chennai thread because it was advertised as "New Chennai".

I have to disagree in moving this thread to Pondicheri. Its exactly in between Chennai & Pondicheri. So how will u justify your question? At the max could be moved to TN threads instead of Chennai thread.

Please move this thread to Pondicheri.

I dont know why it is in Chennai Thread.

MARG Swarnabhoomi is in Pondicheri not Chennai.

It is inside TN, then how can it be in Pondicherry thread?

Its around 70-80 km from Central rly station. I think its 100% fine to have it in Chennai thread!

Recent news says there's plan to include upto MM Nagar in CMA.. Then this will become like satellite town to Chennai..

It is inside TN, then how can it be in Pondicherry thread?

Its around 70-80 km from Central rly station. I think its 100% fine to have it in Chennai thread!

Recent news says there's plan to include upto MM Nagar in CMA.. Then this will become like satellite town to Chennai..



+1. Anything < 100 km radius is State Capital Region or Greater Chennai :)

I think this project is a long term one.. Maybe completed at the end of the decade..

^^

Its in Chennai thread because it was advertised as "New Chennai".

I have to disagree in moving this thread to Pondicheri. Its exactly in between Chennai & Pondicheri. So how will u justify your question? At the max could be moved to TN threads instead of Chennai thread.

No one knows what is the exact definition of New Chennai.

Some realtors advertise Sriperumpudur area as New Chennai and some Maraimalai nagar/Mahindra world city area as New Chennai.

Here area 30 KM after Mahabalipuram is mentioned as New Chennai:ohno:

It is inside TN, then how can it be in Pondicherry thread?

Its around 70-80 km from Central rly station. I think its 100% fine to have it in Chennai thread!

Recent news says there's plan to include upto MM Nagar in CMA.. Then this will become like satellite town to Chennai..

It is actually 95 Km from Chennai central (it is 80 km from Thiruvanmiyur and I am assuming 15 km between Thiruvanmiyur and central). Infact it is a further 20 km from Kalpakkam. It is more like Maduranthagam on GST road than MM Nagar.

Of course I am not against this thread in Chennai forum but for me imagining anything outside Mahabalipuram - Chengalpet - SPD as Chennai is a stretch.

Real Estate in Chennai

Upto 1950s:
Any thing out of George Town, Thiruvallikkeni, Mylapore - out of city. Next development - Saidapet.

Upto 1980s:
New Developments - Anna Nagar, KK Nagar, Ashok Nagar, Velachery, Tambaram, Manali

Upto 2000:
New Development - Arcot Road, Porur, Velachery Tambaram Road, Tambaram Chenglepet belt

Upto 2010:
New Development - OMR, ECR, GST Road, Interior areas of OMR & GST Road, Poonamallee. Sriperumpudhur, Minjur

Now:
Area upto Mahabs on ECR & OMR, Interior areas of Chennai - Chenglepet, Chennai - Kancheepuram, Chennai - Gummidipoondi.

This will be the Greater Chennai Area

Real Estate in Chennai

Upto 1950s:
Any thing out of George Town, Thiruvallikkeni, Mylapore - out of city. Next development - Saidapet.

Upto 1980s:
New Developments - Anna Nagar, KK Nagar, Ashok Nagar, Velachery, Tambaram, Manali

Upto 2000:
New Development - Arcot Road, Porur, Velachery Tambaram Road, Tambaram Chenglepet belt

Upto 2010:
New Development - OMR, ECR, GST Road, Interior areas of OMR & GST Road, Poonamallee. Sriperumpudhur, Minjur

Now:
Area upto Mahabs on ECR & OMR, Interior areas of Chennai - Chenglepet, Chennai - Kancheepuram, Chennai - Gummidipoondi.

This will be the Greater Chennai Area

As per your chronicle It took 60 years to get Mahabalipuram in to Greater Chennai's "imaginary" limits, It will probably take another 60 Yrs to get MARG Swarnabhoomi as outskirts of Chennai.

Until then I propose we move this thread to Pondicheri.

I dont think this joint will even grow even as.

May be good Idea to have a holiday home - spending a week end once every three months on the way to Pondicheri sounds good.

12lakhs apartments! this should be the cheapest apartment in Tamilnadu. (I guess one bed room)

http://www.dailythanthi.com/thanthiepaper/9102011/MDSA028190-MDS-M.jpg

12 lakhs on present day values seems okay for a very long time investment.

Sept 2011 Newsletter

http://www.margswarnabhoomi.com/images/newsletters/marg_swarnabhoomi_newsletter_sep11.pdf

http://www.thehindubusinessline.com/companies/article2606800.ece?ref=wl_opinion

Pune-based valve manufacturing company Virgo Engineers Group is in the process of expanding its manufacturing capacity by setting up a new plant at Marg Swarnabhoomi, near here.

The Rs 700-crore company is a leading manufacturer of flow control valves and allied products predominantly for the oil and gas sector.

Spread over one lakh sq.ft., the company's Chennai facility is expected to cater to the “increased export demand and contribute Rs 100 crore to the company's turnover in the next three years.

Investment

Announcing the launch of the facility on Monday, Mr Jagdish Desai, CEO of the company, said Virgo has invested close to Rs 40 crore in the facility and will invest another Rs 20-25 crore to install machinery.

The company is planning invest a similar amount in setting up a foundry at its Coimbatore facility as a backward integration initiative. “This will give us a better control over the price and quality of the products besides ensuring guaranteed supply of valve castings,” he said.

The company, in the last one year, has invested close to Rs 90 crore in India in capacity expansion projects in its Pune and Coimbatore facilities and setting up this new plant. In addition, it set up a manufacturing facility in Italy and acquired an existing facility in Germany at an overall investment of €11 million.

Virgo currently has 13 sales offices in seven countries and manufacturing facilities in India, Italy, Germany and the US, and it has a base of over 2,300 customers across 72 countries.

Marg Swarnabhoomi

Mr G.R.K. Reddy, Chairman and Managing Director of Marg Swarnabhoomi, who was also present on the occasion, said Virgo's is the fourth manufacturing facility at Swarnabhoomi. Danish pump manufacturer Grundfos, the UK-based cooling tower equipment manufacturer Vanspall and auto component manufacturer Polyhose have already set up facilities which are operational too, he said.

Besides, the company has signed with Eswari Electricals (to set up a 10,000 sq.ft of distribution facility); Twindisc for a 33,500 sq.ft. of marine transmission devices manufacturing facility; TVS Kwikpatch for a 10,500 sq.ft. space for auto components; and Techpro for manufacturing equipment for water treatment plants.

Hmm.. Nice to know that Swarnabhoomi is seeing some projects...

Four Seasons|Residential High Rises|5 x 16 fl|5 x 18 fl|2 x 24 fl|7 x 26 fl|5 x 28 fl

http://www.margswarnabhoomi.com/living/four-seasons.php

Site Plan
http://www.margswarnabhoomi.com/living/images/siteplan.jpg

Details

http://www.margswarnabhoomi.com/living/images/four-season-product-information.jpg

Virginia tech plans R&D centre

Irked over the inadvertent delay in the clearance of the Foreign Education Providers’ Bill, some of the global varsities are keen to set up their base in India through innovation centres.

These centres, which aim to provide the necessary base for research and development activity in the country, are being set up as stand-alone units of the universities.

Many varsities, including Virginia Tech of the US and a few from Malaysia and Australia, are exploring the option to take their baby steps into India through small R&D centres city. In fact, the first innovation centre of the Virginia Tech is all set to go live in a couple of months in the private special economic zone (SEZ), near Chennai being developed by MARG.

“The centre of Virginia Tech University will go live on January 26. This will initially employ about 50 researchers who will be working on nanotechnology and others,” said Mr G.R.K. Reddy, CMD of MARG group. The SEZ has earmarked about six lakh square feet of space for such innovation centres.
“We are also in tying with a few other Malay-sian and Australian varsities who are keen to set up such innovation centres in India,” he added.

It is reported that this move by foreign varsities is a result of the extraordinary delay in approving the Bill in the Parliament. Though the first draft of the Foreign Education Providers’ Bill was first drafted in 1995, it underwent a series of revisions with the final version getting approved by the Union Cabinet only in March 2010.

A parliamentary standing committee has submitted its final report to the Union HRD ministry and minister in-charge Kapil Sibal hopes to introduce the bill in Parliament in winter session starting from November end.

With the Central government outlining an ambitious target of achieving up to 30 per cent of gross enrollment ratio in higher education by 2017, end of the 12th five-year plan, many foreign varsities, especially from the US, are eyeing India as the next big opportunity.

Dismissing such innovation centres as a pressure tactics of varsities for an early passage of the bill, Dr M. Anandakrishnan, former Anna University vice-chancellor and chairman-IIT Kanpur said, “Many varsities have evinced plans for such research centres but they have not figured out a business model for that.”

However, a few others in the academic community feel that the Bill could give an opportunity for bright students to get quality education at a nominal cost.

http://www.deccanchronicle.com/tabloid/education/virginia-tech-plans-rd-centre-541

Marg Group, US co to set up research centre near Chennai

Marg Group and Virginia Tech, US, are jointly setting up a Centre of Research inside the campus of Marg Swarnabhoomi, a huge residential complex on the East Coast Road.

The research, through Virginia Tech's Institute for Critical Technology and Applied Science, has identified Energy Harvesting, Cognitive Radio and Nano Technology as focus areas. These sectors are critical for improving living standards of people, says a press release issued by the Marg Group.

While Virginia Tech is engaged in graduate education, scientific and technological collaborative research, and scholarly outreach programs in different disciplines, Marg Swarnabhoombi also houses a number of residential institutions.

http://www.thehindubusinessline.com/companies/article2647703.ece?homepage=true&ref=wl_home

Sept 21, 2011 Pics by Yogesh Ramalingam (https://picasaweb.google.com/102335310435607890040)

SWARNABHOOMI MAIN ENTANCE

https://lh4.googleusercontent.com/-pbM_5PuJw5c/TnnwHHkCJHI/AAAAAAAAA1I/VrR17OGv6IA/s912/IMG_3591.JPG

https://lh4.googleusercontent.com/-pbM_5PuJw5c/TnnwHHkCJHI/AAAAAAAAA1I/VrR17OGv6IA/s912/IMG_3591.JPG

https://lh3.googleusercontent.com/-karFBFv6Z34/TnnwJQVQBPI/AAAAAAAAA1M/k3c5zfq0XSA/s912/IMG_3592.JPG

Admin office

https://lh5.googleusercontent.com/-alp9bXP6EEI/TnnwUYJ2vsI/AAAAAAAAA1U/3YMpJrw0NS4/s912/IMG_3594.JPG

Model

https://lh6.googleusercontent.com/-lyeRvWoeuwI/Tnnwb3uZH7I/AAAAAAAAA1g/Orh9pFk9kRE/s912/IMG_3595.JPG

https://lh4.googleusercontent.com/-EdUaTNn4iCM/TnnvbrRoVdI/AAAAAAAAA0Y/NiG7PbF-GAs/s912/IMG_3605.JPG

https://lh5.googleusercontent.com/-bbtsOb40QeQ/TnnvTl2x42I/AAAAAAAAA0Q/WOO37fje0FM/s912/IMG_3607.JPG

Navjyothi school & MIDAS

https://lh5.googleusercontent.com/-193hqnFCT9I/TnnvowMQJ6I/AAAAAAAAA0k/R9QOUCBvYHU/s912/IMG_3612.JPG

https://lh3.googleusercontent.com/-wI3-qUVNCLI/TnnvpcNYIzI/AAAAAAAAA0o/J_UZRxnrBD0/s912/IMG_3614.JPG

https://lh3.googleusercontent.com/-7bIlXzoarmk/TnnvuqA_zJI/AAAAAAAAA0s/qQJC940RKKc/s912/IMG_3615.JPG

Grocery

https://lh5.googleusercontent.com/-4-ZIqDRbfTk/Tnnv0lK9-uI/AAAAAAAAA0w/zcvoLvcZU6w/s912/IMG_3616.JPG

Clinic

https://lh5.googleusercontent.com/-zboCFVV2SPI/Tnnv2oxFSgI/AAAAAAAAA04/SiNeQFx4-i0/s912/IMG_3618.JPG

https://lh4.googleusercontent.com/-zypgEgzcaJg/TnnwbjKI3aI/AAAAAAAAA1c/z8C53h9cdzc/s912/IMG_3598.JPG

https://lh4.googleusercontent.com/-nCWuVEsgW7E/TnnwjlOIXQI/AAAAAAAAA1k/gAYQmijYGfc/s912/IMG_3599.JPG

https://lh4.googleusercontent.com/-PTNXOmCTSSo/TnnwlGp-e2I/AAAAAAAAA1o/4gDCWaFxeHo/s912/IMG_3600.JPG

https://lh4.googleusercontent.com/-4siJlZjnKs4/TnnwsjvEa2I/AAAAAAAAA1w/VmettwwHjhA/s912/IMG_3603.JPG

Tech Park U/C

https://lh6.googleusercontent.com/--xzWoOCmAbA/TnnwpP1QrZI/AAAAAAAAA1s/DD43h-dKyq8/s912/IMG_3601.JPG

https://lh6.googleusercontent.com/-bmQMd5H5Gkk/TnnwtAAcX4I/AAAAAAAAA10/XwSxd_n0PTs/s912/IMG_3602.JPG


SRC: https://picasaweb.google.com/102335310435607890040/MargSiteVisit21Sept2011

^^
Nice pics . Looks self sufficient .Another World city int he making .


:)

I can't see the pics.. Seems to be a problem on and off with Picasa.. :(

Tecpro Energy's manufacturing plant in Marg Swarnabhoomi


Tecpro Energy Systems is to set up a manufacturing unit at the Marg Swarnabhoomi SEZ to produce Proflex range of aeration products.

The company has entered into an agreement with Marg Ltd, which has set up the SEZ, to establish the facility at Marg Swarnabhoomi, according to a press release from Marg.

Tecpro is a manufacturer of aeration and pollution control products for use in sewage treatment and effluent treatment. The press release quoting Mr C.B. Jeevanantham, Founder Chairman, Tecpro Energy Systems, said, “The plant at Marg Swarnabhoomi will manufacture Proflex Diffuser used for diffused aeration in Sewage and Effluent Treatment Plants.”

Marg Swarnabhoomi's engineering SEZ caters to the needs of a diverse set of engineering companies. It has attracted the attention of a large number of engineering companies including global majors and MSMEs and SMEs.

http://www.thehindubusinessline.com/companies/article2900611.ece?homepage=true&ref=wl_home

I booked two flats in the year February 2009.
Having paid / invested the full amount, MARG until date (MARCH 2012) have not handed over the project as promised.

MARG was very clever in completing / getting the undivided share of land registered in 2011 itself.

MARG had out sourced many contractors from other states ( Bihar, Andhara, Gujarat) for carrying out civil / electrical/ plumbing / works etc. The quality of work is poor & sub-standard.

Swarnabhoomi is projected as SEZ.
I am really doubtful whether the project as projetced be completed on time or will this also fall in the similar catogery of 2G / ADARSH / delhi stadium.

Marg Swarnabhoomi launches Swarnabhoomi Cityscapes (http://www.constructionweekonline.in/article-7785-marg_swarnabhoomi_launches_swarnabhoomi_cityscapes/)

Marg Swarnabhoomi has launched yet another milestone project, 'Swarnabhoomi Cityscapes' – a wide range of villa plots on scenic ECR. Swarnabhoomi Cityscapes is set to address the thrust of emerging requirement for quality and high appreciation plots in Chennai. It has simultaneously launched three projects called “Bay view”, “Lake View Garden” & “Royal Orchard” near MARG Swarnabhoomi, located on the scenic ECR near Chennai.
Speaking about the villa plots’ launch, GRK Reddy, Chairman and Managing Director, MARG Group, said, “East Coast Road (ECR) known for its scenic sea view, lush greenery and entertainment has witnessed drastic development in the recent past. The Villa plots from Swarnabhoomi Cityscapes are planned in such a way that it harmonizes with nature and offers tranquility and peacefulness. These plots are part of the integrated holistic regional master plan which we are developing through MARG Swarnabhoomi. The ideal location of the villa plots in a rapidly developing urban area promises not only a high return on the investment. This launch is part of a bigger dream to build India's first private sector propelled 10,000 acre new city, MARG Swarnabhoomi.”
“Bay View” villa plot which is located at just 1 km from the beach on ECR and close to Cheyyur Lake start from Rs.9.99 lakhs* onwards per ground. Bay View comes with a 571 premium sea view plots which is located on the entertainment corridor, just 2kms from TTDC Boat House (Mudaliarkuppam) and proposed water sports & Theme Park.
Surrounded by nature’s freshness and lush greenery, “Lake View Garden” plots are premium pieces of land which comes with a price range starting from Rs. 7.57 Lakhs* onwards per ground. Lake View Garden offers 517 garden plots which are located on ECR in close proximity to Koovathur hospital and near proposed BGR Energy Plant.
“Royal Orchard” villa plot inspires by the serene power of nature and its beauty is located next to Tapovan Ultra Luxury Villas by MARG ProperTies in tranquil environment comes with a price range starting from Rs 4.99 Lakhs* per ground. Royal Orchard offers 397 garden plots off ECR which are located just 18km from Maduranthagm Railway station.
Says Ganessh ram, CEO MARG Swarnabhoomi & Education Services, “The villa plots on ECR as represented by our new brand ‘Cityscapes’ offer a winning blend to interested customers as they not only are backed by MARG Group, one of India’s fastest growing infrastructure companies thereby enjoying a high degree of credibility and transparency but also are a value for money proposition keeping in mind the high appreciation potential of ECR , touted as the fast upcoming growth corridor”.
Swarnabhoomi Cityscapes addresses the master vision on holistic regional development of 10,000 acres around MARG Swarnabhoomi. It will also showcase the vision of developing MARG Swarnabhoomi as a self-sustainable model for other upcoming new cities. To this extent, all the plots developed by Swarnabhoomi Cityscapes will be around MARG Swarnabhoomi, currently a 1000 acre thriving new city. All these plots will have access to the shared facilities in MARG Swarnabhoomi like clubhouse with swimming pool , children’s play area, convention centre etc. This launch is part of a bigger dream to build India's first private sector propelled 10,000 acre new city, MARG Swarnabhoomi.”
“Bay View” villa plot which is located at just 1 km from the beach on ECR and close to Cheyyur Lake start from Rs.9.99 lakhs* onwards per ground. Bay View comes with a 571 premium sea view plots which is located on the entertainment corridor, just 2kms from TTDC Boat House (Mudaliarkuppam) and proposed water sports & Theme Park.
Surrounded by nature’s freshness and lush greenery, “Lake View Garden” plots are premium pieces of land which comes with a price range starting from Rs. 7.57 Lakhs* onwards per ground. Lake View Garden offers 517 garden plots which are located on ECR in close proximity to Koovathur hospital and near proposed BGR Energy Plant.
“Royal Orchard” villa plot inspires by the serene power of nature and its beauty is located next to Tapovan Ultra Luxury Villas by MARG ProperTies in tranquil environment comes with a price range starting from Rs 4.99 Lakhs* per ground. Royal Orchard offers 397 garden plots off ECR which are located just 18km from Maduranthagm Railway station.
Says Ganessh ram, CEO MARG Swarnabhoomi & Education Services, “The villa plots on ECR as represented by our new brand ‘Cityscapes’ offer a winning blend to interested customers as they not only are backed by MARG Group, one of India’s fastest growing infrastructure companies thereby enjoying a high degree of credibility and transparency but also are a value for money proposition keeping in mind the high appreciation potential of ECR , touted as the fast upcoming growth corridor”.
Swarnabhoomi Cityscapes addresses the master vision on holistic regional development of 10,000 acres around MARG Swarnabhoomi. It will also showcase the vision of developing MARG Swarnabhoomi as a self-sustainable model for other upcoming new cities. To this extent, all the plots developed by Swarnabhoomi Cityscapes will be around MARG Swarnabhoomi, currently a 1000 acre thriving new city. All these plots will have access to the shared facilities in MARG Swarnabhoomi like clubhouse with swimming pool , children’s play area, convention centre etc.

Launching villa plots on East Coast Road (ECR), Chennai
These plots enjoy access to all shared facilities at MARG Swarnabhomi. Just a step away from the proposed industrial projects of NTPC and BGR Energy, they are also close to the proposed Southern India railway station at MARG Swarnabhoomi.
1.Bay View :Starts From 9.99 Lakh*

2. Lake Garden : Starts From 7.57 Lakhs*

3.Royal Orchard : Starts From 5.06 Lakhs*



For more details,
Swarnabhoomi Cityscapes,
MARG Axis, 4/318, 3rd Floor, Rajiv Gandhi Salai, Kottivakkam,
Chennai – 600 041
Phone :044 – 42427200
Email : villaplots@marggroup.com

MARG MoU with Central Institute of Technology


Infrastructure company MARG Ltd has inked a Memorandum of Understanding with Western Australia based Central Institute of Technology to offer vocational courses. As per the agreement, MARG has earmarked one lakh square feet at their prestigious project -- MARG Swarnabhoomi coming up on East Coast Road, near Chennai, the chennai headquartered company said in a statement.

Initially, Central Institute of Technology and MARG would offer vocational courses in the area of music business, architectural technology and building, civil, structural engineering and drafting. In the second phase, vocational courses in electronic engineering, mechanical engineering and drafting, mining and interactive multimedia would be added, it said. "The MoU with Central Institute of Technology (CIT) is a proud moment for us. The education city within MARG Swarnabhoomi will soon house leading International education brands from Australia, Singapore, UK, Middle East, US and Malaysia.", MARG Group CMD GRK Reddy said. The partnership with CIT is aimed at addressing the growing demand for quality vocational education in India, he added. CIT and MARG would jointly conduct workshops and seminars on international vocational education developments. They would be held either in India or in Western Australia to facilitate mutual understanding between the institutions, the statement added.

http://ibnlive.in.com/generalnewsfeed/news/marg-mou-with-central-institute-of-technology/989379.html

Limkokwing University to offer innovative programmes at MARG Swarnabhoomi

MARG Limited, one among India’s leading Infrastructure companies has signed a Memorandum of Understanding with Malaysian based Limkokwing University of Creative Technology. The MoU was signed at MARG premises between AP Ganessh Ram, CEO – MARG Swarnabhoomi and Education Services and Dato Prof. Gail Phung, Senior Vice President, Corporate Development Limkokwing University of Creative Technology Worldwide in the presence of GRK Reddy, CMD, MARG Group.

Through this partnership, MARG Group and Limkokwing University will introduce industry-driven programmes on Games, Animation, Creative Multimedia, Advertising, Fashion & Hair Design, Interior Design, Product Design and Tourism Management etc. The courses are designed specifically to boost the students’ chances of securing high income careers when they graduate as digital professionals equipped with the skills and knowledge required in the 21st century. Limkokwing University focuses on creativity and innovation to equip students with leadership and entrepreneurial skills to develop new businesses. Today, thousands of Limkokwing graduates are playing active roles in many important aspects of nation-building in their home countries.

Commenting on the partnership GRK Reddy, Chairman & Managing Director, MARG Group said “We are excited about our strategic partnership with the prestigious Limkokwing University of Creative Technology. This tie–up will see students gaining exposure on an international scale. Our association with the Limkokwing University aims at creating a curriculum that encourages students to access their innate creativity and latent talent. After all, creativity and innovation are paramount to success and at MARG Swarnabhoomi we have always followed this philosophy.”

MARG Swarnabhoomi’s partnership with Limkokwing University aims at helping students hone their talents and enter the industry as confident professionals backed by a strong and innovative learning process. Limkokwing University’s collaborations with diverse educational institutes from across the globe will facilitate MARG Swarnabhoomi’s giant strides towards becoming a flourishing intellectual centre. The partnership will also see the growing presence of Limkokwing University’s in India, through various campus development initiatives. MARG will earmark necessary infrastructure of 1,00, 000 lakh sq ft for the delivery of courses. The association will offer Diploma, bachelor, master and doctorial programs that holds the same value and recognition as those offered by other campuses of Limkokwing.


While signing the MoU, Dato Prof. Gail Phung, Senior Vice President, Corporate Development Limkokwing University Creative Technology Worldwide, said “We are excited to partner with MARG Group which marks our entry into India, the second fastest growing economy in the world. Indians worldwide are known for their intellectual abilities & sound skill sets and we are glad to contribute our knowledge towards development of the younger generation in India. We would like to thank MARG Group for providing us with this opportunity to expand in India and we will bring our global experience to the best use here.”

MARG has always strived to innovate in all it endeavors from infrastructure to education. With MARG Swarnabhoomi, the company seeks to create an education cluster that meets present and future industry demand to cope with the global economy. These initiatives under the trust titled ‘Swarnabhoomi Academy of Institutions (SAI)’ will provide a platform for world class education with International faculty, shaping young minds and creating knowledge based societies. SAI includes the Swarnabhoomi Academy of Music (SAM), MARG Institute of Design and Architecture Swarnabhoomi (MIDAS) and MARG Navajyothi Vidyalaya (affiliated to Central Board of Secondary Education).

Speaking on the occasion, AP Ganessh Ram, CEO – MARG Swarnabhoomi and Education Services said, “This historic association with Limkokwing University of Creative Technology is a step towards building an intellectual community that will create tomorrow’s leaders. The industry driven courses to be offered through this partnership are carefully selected after much deliberation to provide necessary skill sets to the students and to match the growing demands of the 21st century. We can proudly say that the innovative and in-demand courses like graduation in Games, Animation, Creative Multimedia, Advertising, Fashion & Hair Design, Interior Design, Product Design and Tourism Management, etc are not offered under one roof elsewhere in the country. This partnership is in line with our aim to be a truly global platform for innovative education under Swarnabhoomi Academy of Institutions (SAI).”

Education is the fundamental building block of MARG Swarnabhoomi’s ecosystem. For this purpose, infrastructure and association are being created to cater right from elementary to higher education. And the educational institutes collaborating from India and abroad will transform MARG Swarnabhoomi as the intellectual capital with thriving high-quality human resource.

MARG have recently joined hands with Central Institute of Technology, Australia to offer various vocational courses in India by setting up a centre at MARG Swarnabhoomi.

Innovative Programmes for 21st Century Careers:
Diploma In Fashion Design
Diploma in Animation & Multimedia Design
Professional Certificate in Fashion Design
Professional Certificate in Graphic Design
Professional Certificate in Photography
Professional Certificate in Games Art
Professional Certificate in Brand Management
Professional Certificate in Event Management
Professional Certificate in Tourism Management
Professional Certificate in Hair Design

http://www.educationsun.com/2012/05/09/limkokwing-university-to-offer-innovative-programmes-at-marg-swarnabhoomi/

MARG students showcase their creative brilliance


Fifty-six second year B. Arch students of MARG Institute of Design and Architecture Swarnabhoomi have come out with an exhibition in the city to showcase their art designs and innovative patterns. The exhibition, inaugurated at Lalit Kala Academi in the city on Tuesday, will be held till Sunday.

“We wanted to show the world what we do at Swarnabhoomi,” said C. Jeyashri, a second year student. She said the institute provides them an opportunity to look beyond the syllabus and try out newer things.

“If the class is about pottery and wood carving, we are given clay, wood and chisel to carve. If it is about villa designing, then they take us to the site and make us feel the place and show what is done there,” she added.

Goethe-Institut Chennai director Karl Pechatscheck, who inaugurated the exhibition, exhorted the budding architecture students to create a better life for the mankind and help all people to live in peace.

The guest of honour, R. Bhagwan Singh, consulting editor, Deccan Chronicle, praised the students for implementing MARG’s philosophy to ‘stay green’ by converting waste into attractive art pieces.

Calling for newer models of development to create an eco system, G. R. K. Reddy, chairman and managing director, MARG group, said the days of thinking about poverty alon, as a big crisis is gone.

He the planners should gear up to meet the housing requirements of the growing urbanisation.



http://www.deccanchronicle.com/channels/cities/chennai/marg-students-showcase-their-creative-brilliance-587

[QUOTE=murlee;92961910]MARG students showcase their creative brilliance



Nice way to attract students to B Arch course in Swarna Bhoomi. :)

what about construction of landmark tower

http://msict.ac.in/

QUOTE=murlee;92961910]MARG students showcase their creative brilliance



Nice way to attract students to B Arch course in Swarna Bhoomi.


what about construction of landmark tower

The students are in their 5th year, wait till they finish so that they can work on the Landmark tower....

Solar, windmill research project to be launched by Virginia Tech in India


A new Virginia Tech research center is set to open later this fall in the state of Tamil Nadu in south India, which will mobilize an engineering team to refine and adapt windmills and solar panels for use in households in rural India.Guru Ghosh, vice president for international affairs, has said that "the goal is to improve life for 400 million Indians not connected to the grid."

"There are still some refinements to be made on this amazing technology developed at Virginia Tech," he said.
"We're aiming for the point where the solar panels and small windmills can be mass produced, tested in India's rural communities, and then be deployed to create low-cost, renewable energy worldwide," he added.

Richard C. Benson, dean of the College of Engineering, said, "Especially during this sesquicentennial celebration of the law creating the land-grant system, Virginia Tech is honored and pleased to contribute research ideas and acumen that solve some of the world's most pressing energy problems."

Two years ago Virginia Tech announced an agreement with private-sector partner MARG Swarnabhoomi to establish the Virginia Tech, India campus.

MARG Swarnabhoomi has committed 1.8 million dollars for laboratory build-out, which will equal or exceed facilities at the Blacksburg-based Center for Energy Harvesting Materials and Systems, directed by Shashank Priya of the College of Engineering.
Virginia Tech is underwriting staff and operations with an initial outlay of 350,000 dollars, Ghosh said.

"We will start recruiting graduate students in India to work on the project immediately, while our 6,000-square-foot lab space is being fully outfitted," Roop Mahajan, director of the Institute for Critical Technology and Applied Science at Virginia Tech, said.
"Our push for sustainable energy technology reflects our understanding of the interconnectedness of developed and developing countries."With more than a billion people worldwide living in rural communities in extreme poverty, how energy production proceeds will have global impact," he said.

The new research center will be called the VT, India Institute for Critical Technology and Applied Science Innovation Center.
The center will be inside MARG Swarnabhoomi's Amrita Research Park, where ocean breezes are conducive to windmill research, Mahajan said.

Windmills are being designed to work in areas of low and variable wind speed; similarly, the solar panels are being designed to work in low-light conditions.

The windmills, which currently cost less than 1,000 dollars to produce, use a unique blade developed at Virginia Tech that achieves greater than normal aerodynamic performance. (ANI)


http://www.newstrackindia.com/newsdetails/2012/09/30/81-Solar-windmill-research-project-to-be-launched-by-Virginia-Tech-in-India.html

Same news as above with additional info..

Va. Tech research center to open in 2013 in India


Virginia Tech is poised to open its largest research center outside the United States next year in Chennai, India.

The Virginia Tech ICTAS Innovation Center will be overseen by Tech's growing Institute for Critical Technology and Applied Science and a 6,000-square-foot facility is expected to open in spring 2013 in Chennai, said Guru Ghosh, associate vice president for outreach and international affairs.

The university will provide up to $1.5 million in startup funds for operations, and industry partner MARG Ltd. will outfit the high-tech labs and provide other equipment.

"For every one dollar Virginia Tech invests, our industry partners will invest five dollars," Ghosh said.

The MARG Group develops and engineers industrial and government infrastructure projects in India, Singapore and China, according to the company's website.

None of the startup money for the center will come from state funding, nor will it come from tuition or fees charged to students, Ghosh said.

The center will focus on three major areas of research that will serve the needs of developing nations, as well as rural areas in the U.S., said Roop Mahajan, director of ICTAS.

In the beginning, one researcher/professor will be assigned to the Chennai center to work with Indian doctoral students, with plans to eventually bring Tech students and other faculty there. Partnerships with major Indian universities and other private corporations are also planned.

The initial research focus will be developing and testing low-cost energy technologies, such as small-scale, flexible solar panels and wind turbines that operate at low wind speeds. These may bring sustainable energy to people living in isolated areas in the developing world, as well as in the U.S., Mahajan said.

Eventually, research will expand to advanced communications and "smart" radio systems that may have implications for cloud computing, geographical positioning systems, wireless networks and the like, Mahajan said.

Another area of research planned at the center is nanotechnology, a major focus of ICTAS research in Blacksburg. Already ICTAS researchers are working on nanofibers that can be used in high-tech water and air filters, as well as the targeted application of agricultural fertilizers and pesticides, Mahajan said.

Because Chennai is a major area for automobile engineering and manufacturing, nanosensors under development by ICTAS scientists are expected to become a major part of work at the India center, Mahajan said.

Tech chose Chennai, India's fifth-largest city, because of its high literacy and education rates, and because it is a national center of engineering, science and technology, Ghosh said.

Tech also has historical ties to India going back about 70 years to the first known Indian student to enroll at the Blacksburg campus. It's estimated that about 500 Tech alumni live in and around Chennai, which is situated in the southern state of Tamil Nadu.

Tech's India center is expected to be financially self-sufficient by its fourth year of operations, and any intellectual property developed there will contribute to research revenues, Ghosh said.

As state subsidy of Virginia students has declined from 70 percent to 30 percent over two decades, Tech President Charles Steger has encouraged research and patenting of technologies as new sources of revenue.

The India center is a kind of consolation prize for the university, allowing Tech to gain a foothold in one of the world's largest emerging economies. India, with its 1.2 billion people, is second only to China, with 1.3 billion residents, as an expected area of economic and technological growth.

Tech had hoped to open a full-fledged graduate university in India, but that effort has been stymied by the Indian Parliament's reluctance to allow foreign universities to operate independently in the country. A reform bill that would have allowed Tech and other U.S. institutions to open campuses in India has stalled, with no timetable for a vote.

But U.S.-sponsored research centers are allowed under Indian law, so the ICTAS center can open now. Officials hope the center eventually will expand to up to 40,000 square feet.

Tech currently operates major educational and research centers in Chile, the Dominican Republic, Switzerland and Egypt. The university has grants, projects, study abroad programs and other initiatives in more than 50 countries around the world.

http://hamptonroads.com/2012/10/va-tech-research-center-open-2013-india

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