Tada Real estates

30/09/2015

Sri City in Andhra: Realty impact in surrounding areas
https://www.commonfloor.com/guide/sri-city-in-andhra-realty-impact-in-surrounding-areas-46134.html

11/07/2015

Foxconn zeroes in on AP’s Sri City for setting up manufacturing unit
Plans big for India; also looks at setting up data centres

Foxconn, the largest contract manufacturer of phones/gadgets and hardware globally, has zeroed in on Sri City in Andhra Pradesh to locate a manufacturing facility, according to sources close to the development.

The $131.8-billion (2013) Taiwanese giant is planning to set up several units in the country involving significant investments. According to the sources, the Foxconn CEO indicated plans to set up 10-12 manufacturing units and possibly create one million jobs by 2020. The initial focus will be on Gujarat and Maharashtra, besides AP. Foxconn is also looking to set up data centres and invest in start-ups. Chinese mobile phone companies like Xiaomi and Gionee are among those that have outlined plans for manufacturing in India and they could team up with Foxconn.

Enthused by the Narendra Modi Government’s call for ‘Make in India’ and his Digital India initiative, Terry Gou, Chief Executive Officer of Foxconn, and his team have been scouting various locations across the country. But they are to set the ball rolling in Andhra Pradesh, which they find very investor friendly.

Andhra Pradesh Chief Minister N Chandrababu Naidu met with Terry Gou late on Thursday and, according to the sources, they discussed the location for setting up a manufacturing base for cell phones and other gadgets.

During the meeting with Naidu, policy related issues and the support of the State government in setting up the manufacturing facility and labour related norms were discussed. On a request from some of the manufacturing units in Sri City, the State Government has already tweaked labour laws, including allowing three shifts.

The AP government presented Chittoor as one possible location but Foxconn wants to start off at Sri City to facilitate easy shipments to other markets in India because of its proximity to the Krishnapatnam port and to Chennai, which is about 60 km away. According to the sources, Foxconn already manufactures cell phones from a facility in Sri City though this is a low key affair.

According to the sources, Foxconn will start off in Sri City at a facility to be built to its specifications. Subsequently, the company will set up a larger unit.

The AP Government is also looking at attracting electronics companies at a site contiguous to Sri City, and has taken certain policy initiatives including refund of stamp duty and registration charges for land as also VAT rebates.

source

Plans big for India; also looks at setting up data centres Foxconn, the largest contract manufacturer of phones/gadgets and hardware globally, has zeroed in on Sri City in Andhra Pradesh ...

04/07/2015

Andhra Pradesh govt considers separate industrial city for Japanese investors
Further, the Chief Minister asked the JICA to focus on integrated development especially from Krishnapatnam (in district) to Chennai. To this, JICA officials said the agency can facilitate accelerated cooperation with ASEAN.
see more..

Andhra Pradesh govt considers separate industrial city for Japanese investors - Seeking to give a boost to Japanese investments in Andhra Pradesh, the state government is planning to develop a separate industrial city for investors coming from that country. Chief Minister N Chandrababu Naidu, who vi…

01/07/2015

China's Foxconn mulls manufacturing in India
Its plans include twin smartphone manufacturing plants, one each in Gujarat and Noida, besides, a small trial production plant in sri city in Andhra Pradesh.
see more :

After marching out of Nokia SEZ in February, Foxconn, the world's largest contract phone manufacturer, is ready for its second innings in India...

01/07/2015

Major boost to region

Several industrial townships to come up as part of the proposed Vizag-Chennai Industrial Corridor

The 195-km coastal strip in district covering to Kavali is all set to receive a major boost in the form of industrial townships which will be developed as part of the proposed Visakhapatnam-Chennai Industrial Corridor (VCIC).

A host of mega and major projects including the Krishnapatnam Port, Apache Footwear, SEZ, several thermal power projects and edible oil refineries have come up successfully in the region. It covers the area on either side of the Chennai-Kolkata National Highway passing through a large part of the district.

Welcoming the proposed industrial corridor, the trade and industry here is eagerly awaiting the government to take the initiative for development of necessary facilities that will pave the way for the new industries along the corridor project. Industrial townships are the immediate attraction for investors and industrialists to set up shop here along with skilled workforce with international exposure. Endowed with rich natural resources, water facilities and road network, the coastal region is seen as the best bet for foreign investments.

“World class facilities have to be created to attract global workforce to come, stay and work here. This will be possible with townships coming up under the corridor project,” said Mr. Anil Yendluri, chief executive officer, the Krishnapatnam Port. Stating that the local industry is poised for a major fillip, Mr. Anil said the Krishnapatnam Port area has also been included under the Chennai-Bangalore Industrial Corridor and this would be an added advantage for manifold development of the entire region as well. The State government has already approved the Vizag-Chennai corridor to be taken up at a cost of Rs. 6,400 crore.

It covers big towns and cities, including the proposed capital Amaravathi along the 795-km stretch from Visakhapatnam to Chennai. For the industries already present in Nellore region, the proposed corridor project is expected to be a big asset in terms of enhancing their capacity expansion and increasing quality of workforce. The project cost of existing industries and ports runs into thousands of crores, which will receive further fillip. The Krishnapatnam Port project cost is Rs. 5,904 crore while that of the Thermal Powertech Corporation’s power project is Rs. 6,900 crore. The refined vegetable oil unit of Gemini Edibles and Fats came up at a cost of Rs. 135 crore. There are several other oil refineries, footwear companies and textile units which are set up at a cost of Rs. 100 crore to Rs. 300 crore.

source:
http://www.thehindu.com/news/national/andhra-pradesh/major-boost-to-nellore-region/article7221226.ece

The 195-km coastal strip in Nellore district covering Tada to Kavali is all set to receive a major boost in the form of industrial townships which will be developed as part of the proposed Visakhapatnam-Chennai Industri

01/07/2015

Eyeing Investments In Region?

After the new capital region and Bhogapuram, it is now the turn of ‘ region’ in .

developers, industrialists and celebrities are now making a beeline to the place and acquiring land in huge chunks as the region is poised for a fast pace of economic activity.

The favorite pastime of the people of now is keeping a track of all the big shots who are visiting Nellore, lodging at the ‘Port Guest House’ and closing transactions.

The latest name doing the rounds is that of . Although he has gone there to attend a marriage, he was also said to have kept himself busy by talking to real estate developers there and enquiring about the land prices and available lands there.
- See more at:

The favorite pastime of the people of Nellore now is keeping a track of all the big shots who are visiting Nellore, lodging at the 'Port Guest House' and closing transactions.

01/07/2015

Now register property online in Andhra Pradesh

The Andhra Pradesh government on Thursday formally put in place the "anywhere online registration" scheme that enables a property owner or buyer to complete most of the process, including payment of the fee, online. They need to go to the sub-registrar office only for the final act of registration.
source: Times of India.

The Andhra Pradesh government on Thursday formally put in place the "anywhere online registration" scheme that enables a property owner or buyer to complete most of the process, including payment of the fee, online.

30/06/2015

Sri City launches ‘Skill Development Centre’ at

Integrated Business Township, Sri City, with an intention of addressing shortage of skilled manpower in the region, started a Skill Development Centre (SDC) on the premises of ITI at Tada here on Wednesday.

Sri City Foundation president Ramesh Subramaniyam inaugurated the facility and said the SDC would act as a catalyst in developing tailor-made skills among the youth right at the doorstep of industries suiting their specific needs.

The courses at Skill Development Centre will run for two months and about 300 students would be trained in the current year.

source : The Hindu

30/06/2015

Is Chennai losing out to SriCity?
Many firms are opting for SriCity in Andhra Pradesh, driven not only by the facilities there, but also due to a simultaneous slide in Tamil Nadu

Many firms are opting for SriCity in Andhra Pradesh, driven not only by the facilities there, but also due to a simultaneous slide in Tamil Nadu

30/06/2015

Realty Update: Target Tada
is being planned in and this has made the place highly lucrative for the politicians. So, right now, all big industries are setting their shop in the SEZs in this area.

Not to be left behind, Galla Jaydev’s family is coming up with a SEZ closer to this area. And if one goes back in time, there has been a plan since ages that a coastal highway be built touching Tada.

So, right now, Chandra Babu is trying his best to carry out this dream project. Naturally, this has resulted in the sudden increase of realty prices in the region.

It is being said that a big producer and studio owner has also bought huge tracts of land in Tada. The latest news is that an MP from Rayalaseema has also invested heavily in buying land there. Well, it is said that he has bought nearly 200 acres of land. The MP who is known to buy and sell land in Hyderabad and Vizag is now eyeing Tada as his next realty destination.

Talk in Film Nagar is that few others from the film industry are also trying to acquire land in Tada at this point in time.
- See more at: http://www.greatandhra.com/movies/movie-news/realty-update-target-tada-66299.html .kruOAsCw.dpuf

Trust the ants to be around jaggery and realtors and politicians to head to places where the prospects of growth are high. Well, right now, everyone

30/06/2015

L&T Ports starts handling automobile exports
About 60 km north from chennai near in Andhra Pradesh, Kobelco, a construction and earth moving equipment manufacturer, has its factory in , which is a fast emerging hub of manufacturing sector including automobiles.

source: http://www.thehindubusinessline.com/industry-and-economy/logistics/lt-ports-starts-handling-automobile-exports/article7295320.ece

In talks with leading original equipment manufacturers for long-term agreements

29/06/2015

Foreign firms keen on investing in Nellore district

One lakh acres to be acquired for promoting automobile industry in the district

The administration has initiated efforts to identify and acquire one lakh acres in the stretch of coastal land from Krishnapatnam port to the border town of in Nellore district, considering the potential the region holds for promoting automobile manufacturing units.

As this area is located close to ports and international airports, the industry is confident that the foreign companies would be keen to arrive here to set up their industries. The State government has outlined its priorities on promoting an automobile hub in Nellore district in the first of its kind policy released for the automobile sector recently.

The policy referred to how the State had lost an opportunity in spite of the locational advantages it had in giving a fillip to auto sector. During his recent visit to Japan along with Chief Minister N. Chandrababu Naidu, Municipal Administration Minister P. Narayana has found out that several companies there were showing interest in suitable, centrally located regions which are strong on the logistics front.

Stating that there are many similarities between Japan and Andhra Pradesh, Mr. Narayana said the presence of long coastlines had proved to be highly advantageous to both the places. Action plans would be chalked out to convince the Japanese and Singapore companies to come here and set up their units. During interaction with the industry and trade bodies there, the Andhra Pradesh delegation had seen a positive response from them to invest in the State.

The aspect of developing automobile sector with investments from domestic and foreign companies in Nellore and Chittoor districts has been one of the key features in the presentations made to foreign delegations. These districts have witnessed the development of many special economic zones like the Sri City integrated industrial zone.

Mr. Narayana said social infrastructure was also being developed in the region with a decision taken to acquire 150 acres for a big stadium on Podalakur road near Nellore city. Compensation was being paid at the rate of Rs. 4 lakh per acre with the total amount coming to Rs. 6 crore.

As per the policy, industrial promotion would be extended to all areas and an indication to this effect came from the efforts being made to acquire 2,600 acres in the Nellore-Kavali stretch. The big advantage of these places from to Kavali was that the national highway 5 is passing through these areas. This is a big boon for the hinterland connectivity from the ports.

Source:http://www.thehindu.com/news/national/andhra-pradesh/foreign-firms-keen-on-investing-in-nellore-district/article6673148.ece

The administration has initiated efforts to identify and acquire one lakh acres in the stretch of coastal land from Krishnapatnam port to the border town of Tada in Nellore district, considering the potential the region