Tuticorin, also known as Pearl City, is famous for plenty of industries apart from fishing. It has the presence of major power plants, i.e. Coastal Energen, Sterlite Industries Captive Power Plant, Tuticorin Thermal Power Station, and Ind Barath Power Limited. SIPCOT industrial park in Tuticorin is strategically placed and is witnessing a surge in both residential and industrial property investments. Additionally, it is also significantly contributing to the rising property prices in the region.
Here’s how local property values are increasing:
Improved infrastructure driving up property values.
In an encouraging move, the Tamil Nadu government’s initiative to create an Environmentally Balanced Industrial Complex (EBIC) in the Vagaikulam area ensures that Tuticorin will witness rapid infrastructural development. This means enhanced transportation networks, utilities, and the development of industrial facilities, all of which have a ripple effect on property value appreciation. Now, with this, the industries’ establishments will soar and fuel the demand for residential and commercial spaces, which will push the prices higher.
Near major infrastructure, supporting residential developments.
The park’s proximity to the nearby Port and the power plant projects increases the attractiveness of the area for both business and residential development. Tuticorin Airport is just 21 KM, making it an easy commute for those coming to the city for business purposes. G Square Vistas Park is in near proximity of just 20 KM, i.e. 35 mins to SIPCOT Vagaikulam Tuticorin, making it an attractive option for investment in residential plots. The infrastructure developments around the industrial park, like better roads, upcoming residential projects, ports, and a power station, are enhancing the region’s appeal to investors and property developers.
In proximity to SIPCOT, Vagaikulam, Tuticorin:
– Delight public school 6 KM
– APC Mahalaxmi college for women 15 KM
– SDR school 9 KM
– Sri Arulmigu Kalabairavar temple 5.5 KM
– Tuticorin airport 21 KM
Workforce Expansion and Economic Prosperity
The SIPCOT Industrial Park development in Tuticorin is an attractive hotspot for numerous industries like petroleum refining and petrochemical complexes, warehouses, and pharma industries, amongst others, which will create thousands of job opportunities. With this huge influx of workers and professionals, there is a rising demand for housing and commercial spaces in the vicinity. The growing job market directly increases demand for real estate, contributing to the rise in property prices.
If you are planning to invest in residential plots near an industrial park, G Square Vistas Park is something you should look for. Its proximity to major social infrastructure establishments makes it a viable option to invest in residential plots around SIPCOT, Vagaikulam, and Tuticorin.
Land Utilization and Planning
The total area of 466.503 Ha in the revenue villages of Therkku Veerapandiya and Milavittan is set to be developed for industrial use. As this land becomes more accessible and connected to the main industrial zones, it will witness a boom in the surrounding areas, thus shooting up property prices.
Top 3 Reasons to Invest in Residential Real Estate in Tuticorin
Presence of prime educational institutes
It is home to several renowned educational institutions, like Thoothukudi Government Medical College, APC Mahalaxmi College, V.O. Chidambaram College, and others, making it attractive for students and families.
Top hospitals and clinics
Tuticorin hosts leading healthcare facilities such as Shifa Hospitals, Sundaram Arulrhaj Hospital, Be Well Hospitals, and more, providing quality medical care.
Excellent transport connectivity
Tuticorin enjoys excellent connectivity with major cities like Bengaluru, Chennai, and Kanyakumari through frequent bus services operated by the Tamil Nadu State Transport Corporation. It also has air connectivity with daily flights to Bengaluru and Chennai.
Why choose G Square Vistas Park for investment in residential plots in Tuticorin?
G Square Vistas Park offers you the best of both worlds; on one hand, it gives you the option to build your individual home, and on the other, it provides proximity to SIPCOT industrial park. Its prime location offers you the convenience of easy access to business hubs, job opportunities, healthcare and educational institutions and other modern amenities, all while enjoying the peace and serenity of residential living.
G Square Vistas Park Highlights:
- 4.5 acres of land, 90 residential villa plots.
- Plots range from 1.5 – 4 Cents.
- Residential plots bang on the Bang on Tirunelveli – Tuticorin Highway.
- Just 800 mts. from Tuticorin Airport.
- 20+ world-class amenities.
- 24×7 CCTV surveillance.
- 1 year of free maintenance.
- Top-notch secured community infrastructure with black-top roads and street lights.
- Perfect documentation.
- Post-purchase guidance for easy construction.
- Status: Ready to Construct.
