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Coimbatore

Real estate developers’ profit to rise

Real estate developers’ profit to rise
Coimbatore- The sustained growth in demand will soon improve the earnings of the real estate developers in 2013. In the past two years, the earnings and return ratios of the real estate companies of the country has been scraped out by suppressed demand, high construction costs and interest rates. But now this growth in demand will cut [...] Continue Reading »

Coimbatore Corporation increases non tax revenue

Coimbatore Corporation increases non tax revenue
Coimbatore- This year Coimbatore Corporation will exceed the budget estimates which will increase its profits. This surplus is on account of better inflow of revenue under the ‘non-tax’ category. The revenue earned by the government is majorly categorized in two parts.- Tax revenue and non-tax revenue. The tax revenue includes revenue generated from property tax, water charges, etc and is utilized [...] Continue Reading »

Power to be generated from waste by GHMC

Power to be generated from waste by GHMC
Coimbatore-  The solid waste generated by Greater Hyderabad Municipal Corporation (GHMC) can now be utilized for generating 40MV of power. The amount of municipal waste generated by GHMC is 3100 metric tonnes. Municipal corporation’s Public, Private Partner (PPP) Ramky Enviro Engineers will set the power generation plant at  Jawaharnagar dump yard in Kapra which is expected to [...] Continue Reading »

Coimbatore residents relieved as power cut reduces

Coimbatore residents relieved as power cut reduces
Coimbatore- The rural residents of the city are in relief as there was only two hours of power cut from past two days. Earlier it was 10 -14 hours of power cut in Coimbatore a day. According to an official of the Tamil Nadu Generation and Distribution Corporation (TANGEDCO), better winds during  the past two days improved [...] Continue Reading »

Kallmedu residents strive for basic civic amenities

Kallmedu residents strive for basic civic amenities
Coimbatore- People residing in Kallamedu near Selvapuram in the city are facing a serious civic issue regarding drainage and sewage facility. The sewage and garbage disposal pitwas once an open well. Due to lack of proper sewage disposal network, people generally throw off their waste in this pit. Seeing this residents have cordoned the area with [...] Continue Reading »

Residents request attention: TNHB stands still

Residents request attention: TNHB stands still
Coimbatore- The Government Servants’ Residents’ Welfare Association has requested the Tamil Nadu Housing Board (TNHB) and the Coimbatore Corporation to get a septic tank cleaned and the pipe that connects it to the Corporation’s sewage network. Though the residents have been seeking help from past few months, none of the civic bodies have responded till [...] Continue Reading »

Top seven areas of India to observe real estate boom

Top seven areas of India to observe real estate boom
Prospering real estate market of India is a great option for investment for builders and buyers too. If any prime developmental work or new project such as a tech park, an airport, a railway station, a metro work, or a special economic zone (SEZ) is upcoming in an area, then immediately the price of properties [...] Continue Reading »

Corporation gives incorrect information to residents

Corporation gives incorrect information to residents
Coimbatore- In a written response to a resident’s petition which was sent nearly a month ago, the Coimbatore Corporation’s North Zone stated that it has repaired the streetlights in graveyard road and they are glowing well. But in fact, the lights were not glowing for over a year, and many of them had no bulbs [...] Continue Reading »

Coimbatore Corporation sets up drive to ensure 91% tax collection

Coimbatore Corporation sets up drive to ensure 91% tax collection
Coimbatore- The Coimbatore municipal corporation has focused at achieving 91% tax collection from its 100 wards. It is taking strict actions against property tax defaulters including cutting off water connections to ensure maximum property tax collection from taxpayers before due date. In the preceding financial year, the civic body had achieved a high tax collection [...] Continue Reading »

Stagnant sewage, residents suffer

Stagnant sewage, residents suffer
Coimbatore- Choked sewage network, stinking mess, no toilets, no garbage disposal system, unauthorised constructions, poor sewerage system: These are the woes that the residents of Selvapuram Housing Unit and Kallamedu have been complaining about as they have gotten much worse this year. The lack of a clean and clear sewerage system is the major concern [...] Continue Reading »



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