Tuesday 15 September 2015

Mantri Developers Reviews- Ponneri is a growth corridor in terms of the job market

A number of factors work in the favour of Ponneri when it comes to 'smart' development. The tag of a Smart City may work wonders in the long term. While industries throng to Ponneri, it may open up job prospects and simultaneous housing demand for many. The 400-ft Outer Ring Road construction connecting Nemilichery to Minjur has recently received a green signal. Along with the first phase that linked Vandalur to Nemilichery, on completion phase two would ensure connectivity to NH-4, NH-5, NH-45 and NH-205 facilitating trade and transport Affordable land costs could also be a determinant.“Compared to most localities within Chennai city limits, Ponneri is inexpensive. Compared to industrial land prices in areas like Sriperumbudur which is at a similar distance, in South Chennai you would find large sized plots almost for half the price in Ponneri,” says Amarinder Kumar, owner, Mainland Properties.

Ponneri's potential as a tourism destination also means that the locality awaits a push towards development. The locality is also an easier route for pilgrims going to Tirupati from Chennai. Among other attractions, Ponneri boasts proximity to Lake Pulicad and Murugan temple Apart from the local work hubs in Ponneri, Gummidipundi SIPCOT and SIDCO Industrial Parks; barely 11 km from Ponneri is also a growth corridor in terms of the job market. State run bus services ensure frequent public transport. Small businesses also thrive and non-local businessmen have migrated to Ponneri due to affordable land costs.

As per reports, each of Tamil Nadu's 12 cities will initially get Rs 2 crore so they can prepare their smart city plans. Based on the strength of the plans, the Centre would decide if they can figure in the 20 cities that would be developed first. State officials hope that Chennai and probably Coimbatore and Trichy will make the cut. Other cities would become part of the project in subsequent years.
While the project envisages 100 per cent core infrastructure, efficient transportation, housing for the poor and mobility, it goes beyond and seeks to leverage IT and digitization to provide civic services for good governance.

Apart from intensive digitization, infrastructural facelift and developments that are part of the smart city P model, there are certain aspects which need to be addressed immediately. While enthusiasts may hail the agenda of smart cities, trend watchers like Sreekrishnan and Kumar are awaiting a clear picture. “While it is clear that Ponneri is to be developed as a smart city, most realtors are awaiting land acquisition. In the meantime, home buyers want a clear picture of the primary market so they can start investing,” says Sreekrishnan.

Social infrastructure requires a thorough makeover. "For hospitals, most residents in Ponneri travel to Red Hills, almost 12 km from Ponneri. Although a few schools dot this area, the social fabric is not appealing,” informs Kumar.

'Smart' has become the catch phrase these days. After the new-age phones, it is time for cities and homes to turn smarter and efficient. While visionaries chalk out a plan for how policies and technology should pan out to make the vision a reality in India, we could keep in mind what Binaifer Jehani, director-research at CRISIL Research lately pointed out, “Smart Cities will minimise wastage and optimise usage of indispensable resources like water, electricity etc. Rainwater harvesting, intelligent lighting systems, energy efficient cooling systems, smart grid to minimise power loss during distribution and waste-water treatment plants to enable recycling should be implemented

Source From: http://content.magicbricks.com/industry-news/chennai-real-estate-news/ponneri-is-a-growth-corridor-in-terms-of-the-job-market/82796.html

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