Tamil Nadu’s first integrated smart city with world-class amenities: How much will a plot cost?

Real estate developer G Square has launched Tamil Nadu’s first integrated smart city spread over 120.7 acres in Coimbatore. As per a report, it is the first of its kind in the country with over 150 world-class facilities including a helipad. The smart city will help the company promote projects on plots here through its new project, G Square City.

Situated along the Salem-Kochi highway, it will be Tamil Nadu’s first integrated smart city, comprising 1,663 villa plots and 26 commercial plots spread over 120.7 acres, offering over 150 world-class amenities including a 50,000 sq ft clubhouse. FE report.

N Easwar, CEO, G Square, said, “The setting up of the first and only integrated Smart City in the country through G Square City is a big and important milestone for us.

He said that G Square City is the first integrated smart city in the state with a proposed hospital, school, bank, mall and a convenience store, which is touted as a smart community project integrating both infrastructural development and technological advancement. . It also offers some great facilities at the same time, said Ishwar. Residential elite plots cost Rs 8.5 lakh and premium plots cost Rs 9.5 lakh. Residential plots are starting from Rs 28 lakhs and commercial plots starting from Rs 2 crores.

Coimbatore is part of the Smart City Mission of the Ministry of Housing and Urban Affairs. The mission’s objective, which was launched by Prime Minister Narendra Modi in June 2015, is to promote cities that provide core infrastructure, clean and sustainable environment and provide their citizens with a better quality of life through ‘smart solutions’. provide good quality. ,

It aims to improve the quality of life and accelerate economic development through comprehensive work on the social, economic, physical and institutional pillars of the city. The focus is on sustainable and inclusive growth by building replica models that serve as a beacon for other aspiring cities. A total of 100 cities have been selected to be developed as Smart Cities through a two-stage competition.

11 cities in Tamil Nadu have been selected to be developed as ‘Smart Cities’. The selected smart cities are Chennai, Coimbatore, Madurai, Thanjavur, Salem, Vellore, Tiruppur, Thoothukudi, Tirunelveli, Tiruchirappalli and Erode.

Recently, the Tamil Nadu government constituted a single-member inquiry committee for smart city projects under the chairmanship of retired IAS officer PWC Davider. Under Smart City Mission in the state, out of 644 projects sanctioned at a cost of Rs 10,651 crore, 257 projects costing Rs 2,327.86 crore have been completed, 339 projects costing Rs 7,947.50 crore are under implementation and 10 projects is the cost of. According to an official statement, Rs 153.97 crore tenders are under evaluation.

It also said that tenders have been called for two projects worth Rs 12.64 crore. Tenders are to be called for 11 projects costing Rs 47.51 crore, 13 projects costing Rs 109.23 crore under DPR evaluation and 12 projects under preparation of DPR at a cost of Rs 52.29 crore.

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