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Made in Madurai                

Wednesday, October 12, 2011

Real Estate Investment in Coimbatore Madurai Trichy

There is a changing trend in Coimbatore, Madurai and Trichy - second tier cities in Tamil Nadu in Real Estate. More and more corporate companies are entering into Real Estate.

An expert has said to Press that The presence of large industrial houses such as the Tatas, L&T, Godrej, Murugappa, Mahindra & Mahindra etc in the real estate sector, which the Coimbatore-based LMW and Lakshmi Mills also are planning to enter, which is claimed as ‘good for us' and `everybody would get a level playing field' and there would be ‘high standards of (corporate) governance'.

An expert said to Press that large industrial houses own land did not give them undue advantage vis-a-vis their competitors in the real estate business. But when corporates come into the real estate industry, ‘more and more good people would come to the industry and that would be real game changer for the entire country' and that's ‘how we are looking at'.

The whole market is in the hands of Brokers in many places - which professional companies like OruAcre.com take the hold of it and take the real estate market in Trichy Coimbatore Madurai to a good decent level.

Even major mills in Madurai, which were doing very good in past, now down in their profits and production has switched modes to Real Estate and selling plots. Paramount Mills, Nagalakshmi Mills etc., in Madurai are few of them.

By the way Sun City Real Estate, Madurai is planning to launch a big plot in Madurai, which is going to be a big plot near Thirumangalam, Madurai. If you want to book, please call 9789757930 or 9994262942.

Thank you
Managing Director

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