deals are happening closer to 3k psf in arcot tnhb. may reach 4000 psf in 2 to 3 years with cmc full operations and chennai city expansion towards vellore
sathuvachari has also gone in few phases. whenever new phase comes entire area becomes more developed . entire area rerates further. Arcot TNHB phase III if approved by TNHB will add plots when compared to demand supply will not be great the entire demand supply is in favour of demand now. averages 2500 to 3000 psf arcot tnhb
with second airport of chennai.the city expansion made ranipet district closer to chennai. benefits both from chennai and vellore developments tnhb satuvachari averages 5k per square foot. can move towards 7 to 8k psf. arcot tnhb can move towards 4000 psf from 2500 average in next 2 to 3 years will become unaffordable for many
tnhb vellore sathuvachari averages 5000 which developed beacuse of cmc vellore tnhb arcot averages will move to 3000 soon which is closer to cmc ranipet kannigpuram campus
in some time arcot tnhb phase II will get developed in a bigger way. 3 to 5 houses are getting constructed on a average while seeing in that area. becoming a well developed area
this is the top selling scheme of tnhb vellore. in entire vellore district this is the top selling scheme cmc ranipet kannigapuram has shifted the center of vellore towards ranipet and this scheme sells hot cakes
some recent deals have happened in arcot tbhb phase II north plots interior 2600 psf. averages 2600 to 2800 psf corner plots not available for sale.can easily reach 3000 soon psf average prices
develeopments like chennai second airpot happening and chennai city moving towards ranipet and vellore developments move towards ranipet. Arcot TNHB which is closer to the chennai bangalore highway is the ideal destination for people working in chennai bangalore vellore and high end professionals are willing to buy here. very good gated community in vellore ranipet
god grace parandur has been shortlisted chennai second airport. the entire strech of vellore ranipet sriprembudur chennai will get continous development for sure
Chennai second airport parandur pannur all on bangalore chennai highway it is only average 1 to 1.30 hours travel in highway from arcot walajapet same as from chennai
development happens from both vellore side and chennai is moving towards vellore kanchipuram arcot areas will benefit a lot ARCOT TNHB chennai second airport
cmc ranipet - cmc is going to start operations slowly and trying to move critical departments here nearby areas prices already crossed 2500 to 3000. arcot tnhb will benefit .Prices will reach rs 3000 if sellers are available take a wise decision
arcot tnhb cmc ranipet kannigapuram campus is just 14 minutes drive less than 10 km highway cmc doctors ranipet can purchase and build houses here .it is a very good gated community nearby consists of teachers IT professionals and business men
guideline value rs 950--- between 900 if inside to 1200 rs. corner plots 10% will be extra this is some 6 months back. since cmc comes up within 10 kims,rates may jack up further
my recent visit brief area Arcot tnhb phase II is very fast developing in around Ranipet district area rates between 2500 t0 1500 on a average rs 2000 psf is going on lot of residential houses are built by plot owners and individual builders depends on location and size of plot rate varies factors influencing now 1. general development of real estate 2.People moving out of ciities to towns like arcot walajapet 3. CMC is moving out from vellore to rathnagiri in a big way 4. preference to own a house during corona times 5.TNHB being a govt plot no patta issues
you can take as average 2000 and 1500 if it is some corner of scheme closer to A type and A types are going for 2500 to 3000 psf very less sellers now and many are willing to buy this is a very detailed thread. hope answers all the queries to the scheme
rate projected to reach 3000 psf next 1 or 2 years average
my recent visit brief of Arcot TNHB phase II recent plot rates and area developments brief area Arcot tnhb phase II is very fast developing in around Ranipet district area rates between 2500 t0 1500 on a average rs 2000 psf is going on lot of residential houses are built by plot owners and individual builders depends on location and size of plot rate varies factors influencing now 1. general development of real estate 2.People moving out of ciities to towns like arcot walajapet 3. CMC is moving out from vellore to rathnagiri in a big way 4. preference to own a house during corona times 5.TNHB being a govt plot no patta issues
you can take as average 2000 and 1500 if it is some corner of scheme closer to A type and A types are going for 2500 to 3000 psf very less sellers now and many are willing to buy this is a very detailed thread. hope answers all the queries to the scheme
rate projected to reach 3000 psf next 1 or 2 years average
more brokers agents less sellers more buyers is the scenario in ground level post covid many wants to own houses.very calm peaceful area and no problems of title deeds since belong to tnhb
some listing seen at 3200 psf in arcot phase II. Corner plots can cost 10 per cent more. again very few sellers and lot of potential buyers around ranipet district cmc ratnagiri campus nearby all fueling price rise
please visit the area once a year atleast since lot of houses are getting constructed.very peaceful area. no fear of enchrochment but still need to be vigil since prices are going through roof and area has become hot selling
new district ranipet formation also benefited a lot to arcot . tnhb clean titles private layouts going for 1000 to 2000 psf in outer arcot. this scheme is very close to arcot bus stand and town averages 2500 psf. now tnhb may launch phase III soon considering the huge potential and close to cmc ratnagiri kannigapuram campus which is expanding and getting operational in a big way. this will become the main campus and whole attention is getting shifted here.
moreover it is the only big gated community title issue free of high qualty professionals and business people and like minded people living in that area. prices are ever increasing and it is a one time big investment which can go to crore a plot in next 10 years for sure
The Christian Medical College (CMC), Vellore, has signed a Memorandum of Understanding (MoU) with the Canada-based Fairfax Financial Holdings and Bengaluru-based Quess Corp, to set up a Paediatric Centre at its new campus in Ranipet.
According to a press release, the two companies have pledged ₹300 crore to set up a CMC Vellore Paediatric Specialty Centre. The centre will have 350 beds in its initial phase, covering a range of medical and surgical paediatric services. The new centre will be located in the Fairfax-Quess block on the CMC campus in Ranipet. Apart from treatment, the centre will also focus on training and research. “We believe that the paediatric specialisation is the next priority for our country,” said J. V. Peter, Director, CMC, Vellore.
arcot plots this scheme tops the list for luxury houses arcot plots means arcot tnhb prices to cross 3000rs once full fledged cmc develops for sure average prices-- #arcot #arcotplots #tnhb #arcottnhb #arcotphase
one ceramic tiles owner deal done at 2800 psf heard build a beautifl house. people from chennai and bangalore who work in software are buying plots and building very big houses capitalising wfh.hence the rate rise and very high demand
from 2019 price have almost doubled closer. many have become full time brokers in that area further triggers seperate ranipet district development ranipet industrial area cmc kannigapuram ratnagiri full fledged development. only very big decent layout for high salaried professionals and businesss people with good ventillation. some deals are getting closed between 2000 to 3000 psf in this area
commerical developments also will start once residential peaks.since commerical yet to start if some good attractive corner plots /commerical locations can be bought keeping long term view in mind
A recent visit to the area.prices near the Ganesha temple front side goes up to rs 1500. plots near interior roads goes up to 1000 rs. average prices hover around rs 800 to rs 1000. corner plots pls add 10 to 15 % guideline value rs 950 as enquired in registered office almost min prices reached rs 700 lot of houses are under construction. at any given point of time 5 to 10 houses are getting constructed.Area is gaining traction Reply Quote Edit Report
lot of enquiries happening with real sales. with tn govt going to implement 7th pay comisssion and salaries to go up by 30 %. Demand is going to increase .Prices to touch around avg 1500 rs.Tn govt also will increase guideline value very soon.
request existing plot owners to hold for 6 months to 1 year lot of triggers like 7th pay commison pay hike new cmc campus to take shape lot of hospitals schools colleges in near vicinity this could be a multibagger in making in next few years timeframe
smart city plans for tourism hub and brownfield development of well planned layouts.TNHB schemes will benefit from smart city plans with well developed infrastructure
The guideline value of arcot tnhb is rs 950 in front rates are going up to rs 1200 dead end rs 600. average rate is rs 800 per square feet.corner good plots have got sold for rs 900
with 7 th pay commision the rates are bound to go up in near feature TNHB has stopped selling plots and proceeding with apartments even flats have started coming in walajapet ranipet areas.it may happen in Arcot also
because of movement frequency by daily floating journey people. This project will be beneficial to the V.I.T students/C.M.C. and Narayani Amma Hospital patients,Golden Temple pilgrims .Village products can be moved to Chennai and there by economic of village farmers and people will be improved.
There for apart from Metro rail Project , the Railways /State/central Governments should also take the Circular Train Project to merge Vellore with Chennai .Then the circular routes covered Towns /Villages ares may be named as Greater Chennai .
with due respect to one city loving person comments as below
MERGE VELLORE WITH CHENNAI BY IMPLEMENTING CIRCULAR TRAIN OPERATION FROM TAMBARAM TO TAMBARAM(Both directions ) BY LAYING NEW TRAIN ROUTE BETWEEN KATPADI TO KANCHEEPURAM (Via Vellore-Golden Temple- Timiri-kaveripakkam kancheepuram )
Most of the people going over to Chennai are residing out side areas. They are going over to Chennai for multi various purposes and returning on the same day /night.Those who are journey time 2 to 4 hours from their residence are staying in the outer areas and daily going to Chennai either by Bus or Train.Large people prefer trains because of monthly season tickets..Upto 150 Km railway monthly season tickets permissible ,except for Mumbai. In Mumbai they are allowing upto 200 Km with special act through railways. Now upto Vellore via Arakkonam . upto Villupuram via Chingleput are well with in the range of Seaon tickets.Now to meet the requirement of suburban people railways , are plannin
"Indian developers are achieving returns more than most mature markets the world over are fetching," said Darren Xia, Head -International Capital Group, JLL China, while explaining Chinese developers' interest in the Indian property market. "A number of Chinese developers have been studying the Indian market since the past 12 months."
Meadows and Xia, who have been holding talks with Indian players for striking an alliance with Chinese builders, expect Chinese insurance companies to s ..
Read more at: http://economictimes.indiatimes.com/articleshow/49666184.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
htps://www.vellorecmc.org/what-we-do/capital-projects/kannigapurim/-- A state of art CMC famous christain Medical college vellore 88 acre campus is going to come within 10 km of this ARCOT TNHB sheme. it is one of the decent title issues free Area of Tamil nadu housing board scheme.info can be checked in vellore cmc website link.what else bigger than this .sorry it was wrongly mentioned as 100 km in previous update.it is around 10 km only
Hi Saxena yes this scheme is very closer to chennai Bangalore highway- less than 0.5 km which is going to become 6 lane which will bring the scheme almost closer to NH.It is very near to Ranipet industrial area
About vellore in Hindu: city with historical significance, getting a smart city tag is like adding another feather in the hat. But Vellore residents, while happy that their city is part of the smart cities project, want their basic needs to get priority.
For many, Vellore is their hometown, while some have made Vellore their home for several years now. But what is common among most is the aspiration for a better city – that which offers the most basic amenities before moving on to technology-driven smart solutions.
Though water scarcity is one of the major hitches staring at residents, Vinod Ramanarayanan, consultant with Atheno Infonomics, which is the consultancy for the project, found during the online survey, that traffic congestion and lack of recreation facilities were the most troubling factors for residents.
“Most of the residents highlighted these two issues during the online/offline surveys. Direct interactions with some of the residents pointed out to water scarci
Enhancing the tourism potential of Vellore could offer more recreation facilities for residents. Mr. Viswanathan noted there were many opportunities to encourage tourism in Vellore. “The Fort should be spruced up and beautified. There are a number of forts on the hills too. The focus should be on clean, green and safe Vellore,” he added.
The Raja, Rani Kottai Hills at Sathuvachari should be developed as tourists spots and adventure tourism such as trekking could be promoted, suggested Franco Benedict, a resident and general secretary of Trauma Care Road Safety Trust. On studying the pan-city wide problems in Vellore, the consultant is now looking at specific area based problems and solutions. “We are looking to identify citizen champions who can give us feedback,” added Mr. Ramanarayanan.
here is plenty of action onhttps://www.facebook.com/ve-
lloresmartcity. Residents can visit the page to chip in with views / comments. Some of the suggestions on FB include: one way roads, traffic signals, revamp of Vellore museum, construction of bus stops, revamp of market, build and maintain public toilets every two km and maintenance of Vellore fort.
Mckinsey report says: he report has identified key economic and business growth hotspots for the period up to 2025. The emerging cities include Jamnagar, Dehradun, Cuttack, Bhavnagar, Kolhapur, Vellore, Amaravati, Ajmer, Udaipur, Sangli, Nanded and Mangalore.
he report has identified key economic and business growth hotspots for the period up to 2025. The emerging cities include Jamnagar, Dehradun, Cuttack, Bhavnagar, Kolhapur, Vellore, Amaravati, Ajmer, Udaipur, Sangli, Nanded and Mangalore.
https://www.vellorecmc.org/what-we-do/capital-projects/kannigapurim/-- A state of art CMC famous christain Medical college vellore 88 acre campus is going to come within 100 km of this ARCOT TNHB sheme. it is one of the decent title issues free Area of Tamil nadu housing board scheme.info can be checked in vellore cmc website link.what else bigger than this will get
CMC vellore New campus is extremely good news. arcot tnhb may become like sathuvachari tnhb then in 5 years.smart city vellore will real boost the prospects
ttps://www.vellorecmc.org/what-we-do/capital-projects/kannigapurim/-- A state of art CMC famous christain Medical college vellore 88 acre campus is going to come within 10 km of this ARCOT TNHB sheme. it is one of the decent title issues free Area of Tamil nadu housing board scheme.info can be checked in vellore cmc website link.what else bigger than this .sorry it was wrongly mentioned as 100 km in previous update.it is around 10 km only
the following temples are nearby: SRI ANNAI BALAKUJAMBIKI SAMADA VASISTASWARAR TEMPLE Arcot/Lakshmi Narayana Perumal Temple Veppur, Tamil Nadu 632509/Veppur Perumal Koil NH 46 Melvisharam, Tamil Nadu
The guideline value of arcot tnhb is rs 950 in front rates are going up to rs 1200 dead end rs 600. average rate is rs 800 per square feet.corner good plots have got sold for rs 900
The proposed line will cover 8 taluks in 5 districts, 4 in TN and 1 in AP. In TN, VM, TNM, VLR and TRL taluks, CTO in A.P.
Out of this 4 Taluks namely Vandavasi, Cheyyar, Arcot and Pallipattu are getting railway network for the first time.
The proposed line follows the bus route in TMV-Vandavasi section, takes a different route to reach Cheyyar mainly to connect Mambakkam, follows bus route to reach Arani, Arcot, RPT, WJR, SHU Town, R.K.Pet, Attimanjeri, Pallipattu. From Pallipattu it takes a great deviation to reach Nagari, mainly to give connectivity to Podatturpet.
Here the line from Sholinghur(TN) touches R.K.Pet(AP) only to come back again to touch TN(Pallipattu) takes a great deviation to touch Podatturpet and goes to AP again(Nagari)
It should be noted that there is a direct bus route from Cheyyar to Arcot via Kalavai (where the Adishtanam of 65th and 66th Peetadipatis of Shankara Mutt, Kanchi is located). But train goes from Cheyyar to Arani and then to Arco
http://www.newindianexpress.com/states/tamil_nadu/Vellore-Corporation-Council-Agrees-to-Terms-of-Smart-City-Project-Preps-Machinery-for-Grant/2015/07/14/article2919049.ece--vellore granted smart city walaja ranipet arcot to develop a lot
thanks for starting a thread Arcot tnhb phase II . many plot owners brokers got immensely benefited thanks for coverage and highlight. thanks to CMC vellore who started ratnagiri campus which is near to this scheme
http://www.newindianexpress.com/states/tamil_nadu/World-Bank-Team-Discusses-Smart-City-Plan-for-Vellore/2015/06/25/article2885011.ece..vellore will become smart city
http://www.thehindu.com/business/Economy/mckinsey-study-predicts-15-more-metros-by-2025/article6552990.ece--- MCkinsey predicts vellore.arcot within 20 km radius from vellore will become part and huge appreciation in prices expected
TNHB scheme the owners are mostly govt officalls and teachers professors in govt and they benefit from 7th pay comission.we can see demand for resale plots rising in the next 1 year
Hi Puneet any housing board will be good and lot of developments happening near this locality like proposed new cmc campus and can travel to vellore.it is 110 km away from chennai and prices are affordable now
R. Ramanathan, Chief Administrative Officer/Construction, Southern Railway, said that the new rail route, which involves a distance of 180 km, would pass through Villupuram, Tiruvannamalai, Vellore and Thiruvallur districts in Tamil Nadu and Chittoor in Andhra Pradesh. It would cross Cheyyar and Palar rivers. The new route would link the Tindivanam station with the Nagari, and 22 new stations would be established in the route. This included stations at Vandavasi, Cheyyar, Arni, Arcot and Ranipet.
Hi Sudar, Can you tell me more about this project such as what is the unit size and what is the overall cost and also here exactly is the project located?