Chennai Economy thread

[ChennaiIndian]

Originally Posted by bharathkasthuri

Add to that, in the night (if they travel to airport) the medians are not visible because the street lights are not working properly. I read in TOI that TNEB has not given permanent connection to street lights. What they have given for inaguration was only temporary for Dy CM visit.

Very good planning and excection by TN govt for a very important road for the future which is going to be used by so many ppl.

This was expected. When you see streetlights coming up all of a sudden after waiting for a decade, it means its a temporary move. Added to that, the power shortage will compound things. What we should be happy about is the fact that lights have been installed. Its always easy to approach the authorities to turn it on than to ask them to install it. So the tougher job has been done.

[kongutamizhan]

Originally Posted by ChennaiIndian

This was expected. When you see streetlights coming up all of a sudden after waiting for a decade, it means its a temporary move. Added to that, the power shortage will compound things. What we should be happy about is the fact that lights have been installed. Its always easy to approach the authorities to turn it on than to ask them to install it. So the tougher job has been done.

So these happiness that the government gives us in installments is what is called as development. Hmm I see..

Anyways happy deepavali folks

[kongutamizhan]

Originally Posted by Indian Sun

Yes, but there is no point in marketing infra when it is non-existent (or yet to come) as Bangalore is doing.

We'd do better to finish that bloody IT Corridor. Then do all the marketing.

This is what I have been saying for a while, which people call anti-development. Dump marketing select "corridors", spend money across the state for basic infra instead of just the bloody OMR IT corridor. Investments will follow and entire state can peacefully live ever after

[THEGREAT]

Even when they set up IT corridor,they do not give enough infra....

One more question,why do the evacuated people from slums be resettled in OMR itself???....
iam not against them..but some of these people leave their specially built houses for rent and settle in huts...these people charge more,fool people and are very arrogant....my friends faced a lot of difficulty in these issues while looking for houses...when you advertise that this as a world class road,then it must deliver the same thing...
Thats why i see more investments in GST than OMR...i think they can make GST road as the IT corridor insted of OMR at its present condition...plus GST has a dedicated railway network too...

I might be wrong but these are my views..

This is what I have been saying for a while, which people call anti-development. Dump marketing select "corridors", spend money across the state for basic infra instead of just the bloody OMR IT corridor

[THEGREAT]

Plus there is no drainage system in the so called World class road....Its no wonder that people began investing in hyderabad and bangalore more than in chennai at present timesand think this is one of the main factors for it(in terms of IT develop)....

[kannan infratech]

Originally Posted by Leo_r

Maharashtra building plan based on carpet area only



http://economictimes.indiatimes.com/...ow/6845460.cms


TN Govt, should enact a similar law straight away.Guys please shoot E-mail's to CM's office.

What is the guarantee that the carpet area will not cost equivalent to the earlier Carpet + common area? Just by increasing the Sft rate, Builders will manage this problem.

May be more transparency will be there on the carpet area vs salable area.
But cost of constructing the common area is supposed to be paid by the consumers only.

[ranga]

Originally Posted by THEGREAT

Plus there is no drainage system in the so called World class road....Its no wonder that people began investing in hyderabad and bangalore more than in chennai at present timesand think this is one of the main factors for it(in terms of IT develop)....

Are u sure that there are drainage systems in the developing areas around Bangaluru and hyderabad?I find most of the constructions with sceptic tanks.ORR around hyderabad and bangaluru are wide and well laid but sans storm water drains.

[sanarchie]

Originally Posted by ranga

Are u sure that there are drainage systems in the developing areas around Bangaluru and hyderabad?I find most of the constructions with sceptic tanks.ORR around hyderabad and bangaluru are wide and well laid but sans storm water drains.

I know there are drainage systems in developing areas since my family lives in and around these areas. You will not find drainage systems in many of the hallis (villages) in the developing areas since they are not organized and the corporations is finding it difficult to even lay roads (should I say they don't care). Concrete roads are being laid in all the unplanned areas and drainage work is slow. If you live in a Government developed/Approved areas all the facilities are available sans they is no 24/7 supply of anything

[H Factor]

Originally Posted by THEGREAT

Plus there is no drainage system in the so called World class road....Its no wonder that people began investing in hyderabad and bangalore more than in chennai at present timesand think this is one of the main factors for it(in terms of IT develop)....

All cities are same in terms of civic sense & amenities. Just that some cities gives a feel good look and enjoys brand value which we dont.

If govt Promote & market chennai everything will fall in place. Its just the lack of proactiveness & typical politician lethargical attitude that is hurting chennai & TN. Not because of delay in IT corridor or ORR etc.

CTS offices are in OMR, Wipro & TCS have their biggest develop centre in OMR. Wipro is expanding despite issues in OMR. From 12K employees they will soon reach 19-20K employees in their sholinganallur office once the newly built towers are inaguarated. At the same time, Wipro is gng slow in Cbe & Kochi.

[Leo_r]

Originally Posted by kannan infratech

What is the guarantee that the carpet area will not cost equivalent to the earlier Carpet + common area? Just by increasing the Sft rate, Builders will manage this problem.

May be more transparency will be there on the carpet area vs salable area.
But cost of constructing the common area is supposed to be paid by the consumers only.

That is okay.People atleast will know the actual living space available to them. The rate can not be jacked up too high since there will be no takers. Builders can charge for common areas and other facilities separately and soon they will realize that Buyers are least interested in fancy add on's.

[Raji7373]

Originally Posted by H Factor

All cities are same in terms of civic sense & amenities. Just that some cities gives a feel good look and enjoys brand value which we dont.

If govt Promote & market chennai everything will fall in place. Its just the lack of proactiveness & typical politician lethargical attitude that is hurting chennai & TN. Not because of delay in IT corridor or ORR etc.

I agree. For Instance I live & work in center of the city in Bangalore. When there is rain, even in residency road I can see sewage water overflowing on the roads..especially in some buildings near chancery hotel...they keep on letting out the sewage for whole day. It stinks. Residency road is supposed to be the heart of city. Same way in the places where I live..one rain ooopps..drainages are open and sewage flows. Mainly in Indiranagar and domulur areas. But one thing chennai has to learn from them is covering all underground drains by concrete or stone blocks so that it serves as neat platforms & fencing all canal kind of drains so that grabage is not dumped into it. Velachery drain is a best example where you can see the shopkeepers dumping all plastic, cardboard & themacoal packages.

No city is world class in India. Sparing Chandigarh and Mumbai on some aspects.

I don't know about HYD.

We failed to promote Brand Chennai. We underutlise our natural resources.
We have wonderful world famous people like Abdul Kalam, AR Rahman, Viswanathan Anand, Amirtaraj Brothers...& so on with whom we can make promotional campaigns for chennai.

This is blog written by a +2 student on Marina. Atleast the younger generation realises. http://schools.papyrusclubs.com/sskh...i039s-paradise

[kannan infratech]

Originally Posted by Leo_r

That is okay.People atleast will know the actual living space available to them. The rate can not be jacked up too high since there will be no takers. Builders can charge for common areas and other facilities separately and soon they will realize that Buyers are least interested in fancy add on's.

From my experience, I can say that for the consumer , once decided on the builder and the location (and the particular flat), the EMI amount and loan availabilty will be the deciding factors.

I have seen lots of guys (esp from IT / Finance sector) do not even read the fine prints and sign on the dotted lines.

I am not expecting any great result like drastic reduction in prices etc. May be a little more transparency on real carpet area.

[bharathkasthuri]

Other than pricing, public has to bear with the project Nothing is white and black when it comes to large sized project by big promoters. Most of the common amenities (supermarts, etc) are tentative in large sized developers (im talking about townships)and there is a mention that it is likely to change.

Recently i pulled out of IndiaBulls as the promoter has changed the floor plans which is totally against the model house. This was my experience. They got panchayat and other approvals but they changed the floor plan as the service road width is 30 feet only.

All the documents (legal) are all on sided, they have liberty to change at will.

[ranga]

Originally Posted by Raji7373

I agree. For Instance I live & work in center of the city in Bangalore. When there is rain, even in residency road I can see sewage water overflowing on the roads..especially in some buildings near chancery hotel...they keep on letting out the sewage for whole day. It stinks. Residency road is supposed to be the heart of city. Same way in the places where I live..one rain ooopps..drainages are open and sewage flows. Mainly in Indiranagar and domulur areas. But one thing chennai has to learn from them is covering all underground drains by concrete or stone blocks so that it serves as neat platforms & fencing all canal kind of drains so that grabage is not dumped into it. Velachery drain is a best example where you can see the shopkeepers dumping all plastic, cardboard & themacoal packages.

No city is world class in India. Sparing Chandigarh and Mumbai on some aspects.

I don't know about HYD.

We failed to promote Brand Chennai. We underutlise our natural resources.
We have wonderful world famous people like Abdul Kalam, AR Rahman, Viswanathan Anand, Amirtaraj Brothers...& so on with whom we can make promotional campaigns for chennai.

This is blog written by a +2 student on Marina. Atleast the younger generation realises. http://schools.papyrusclubs.com/sskh...i039s-paradise

The problems lies with the politicians and their inward looking followers in TN.I have experienced people in TN dismissing the developments in other states/cities with sarcastic remarks.But now 24/7 satellite TV channels have made them realise their short comings and I find these days visible changes in the outlook and attitude among most people in TN particularly in chennai.Dressing and make up by female TV news readers is one example and out of box thinking by some movie makers are few changes observed.In TN politicians will never allow famous men/women to hog limelight with the exception of super star.How can u build chennai in to a global brand when the mindset exhibited is regional (Not even National)

[Arasu]

I agree that your statements have a lot of truth in them. TN politicians want to hog all the limelight whether for good deeds or bad all the time with the only exceptions being super stars. The exception granted to the film stars is because of the mass behind them and in the past these superstars had changed the politics of the state to a great extent.
Having realised their power and the potential to upset their apple-cart, politicians grudgingly allow some space for the stars. All the others will be pushed aside or crushed.

There is obviously no room for the talented, intellectuals and achievers. Do Abdul Kalam, Vishwanathan Anand, or Amritraj brothers have any say in the matters of the state? For the Indian political class, achievers, and intellectuals are an anaethema. They would not even want to touch them with a barge pole.

When this scenario changes, Indian society would have changed a lot.

[H Factor]

Originally Posted by Arasu

I agree that your statements have a lot of truth in them. TN politicians want to hog all the limelight whether for good deeds or bad all the time with the only exceptions being super stars. The exception granted to the film stars is because of the mass behind them and in the past these superstars had changed the politics of the state to a great extent.
Having realised their power and the potential to upset their apple-cart, politicians grudgingly allow some space for the stars. All the others will be pushed aside or crushed.

There is obviously no room for the talented, intellectuals and achievers. Do Abdul Kalam, Vishwanathan Anand, or Amritraj brothers have any say in the matters of the state? For the Indian political class, achievers, and intellectuals are an anaethema. They would not even want to touch them with a barge pole.

When this scenario changes, Indian society would have changed a lot.

Leave alone participation of these people, what is lacking, is the "recognition". All the roads, buildings, parks, bridges, schools are named after 2 or 3 politicians. Anna, Periyar, Kalaignar is omnipresent in nook and corner, as if noone else has done anything for this state. Why dont they give 'AR Rahman' awards part of Kalaimamani awards as a recognition for music? Why dont they name some academy or ground against V. Anand? Are they not bringing glory to my state??

[Arasu]

yes, as I said, when we do recognise these people during the time when they are alive, we would have already become a better society. Till then, our politicians will try all the gimmick hog the limelight and shun the achievers and intellectuals because they can't be seen next to a good/talented person as people will recognise who the politicians are and what there worth is.

[Raji7373]

Originally Posted by ranga

The problems lies with the politicians and their inward looking followers in TN.I have experienced people in TN dismissing the developments in other states/cities with sarcastic remarks.But now 24/7 satellite TV channels have made them realise their short comings and I find these days visible changes in the outlook and attitude among most people in TN particularly in chennai.Dressing and make up by female TV news readers is one example and out of box thinking by some movie makers are few changes observed.In TN politicians will never allow famous men/women to hog limelight with the exception of super star.How can u build chennai in to a global brand when the mindset exhibited is regional (Not even National)

Well said Sir. Yes it is disgusting. Chennai, having so many faces of intellectuals failed to promote Brand Chennai. See Gujarat, they have hired Big B (Who is Gujarathi but living in Maharastra) to promore Brand Gujarat.
I wish our Polticians to use atelast 1% of there brain& follow Guajrat way. Whyare they want to be in limelight when they are not fit to be I don;t know...
http://timesofindia.indiatimes.com/i...ow/5529598.cms

[Indian Sun]

I thought BigB was from Uttar Pradesh ?

[Raji7373]

Originally Posted by Indian Sun

I thought BigB was from Uttar Pradesh ?

Oh yes..he is from Allahabad in Uttarpradesh. That is a Mistake..Got confused.