With 7200 homes launched & 7700 in pipeline, MARG Swarnabhoomi is the biggest home inventory in South India. With a travel time of 75 minutes during both peak & non-peak hours from Chennai and just a 45 minute drive from Siruseri, it is Chennai’s only residential habitat offering affordable homes priced at Rs. 20 Lakhs, with all city specific amenities.

Spread over 172 acres these homes are supported by social infrastructure comprising of industries, education, multi-services & leisure activities. At present, more than 250 families are living at MARG Swarnabhoomi.

At MARG Swarnabhoomi, around 3000 units covering over 2 million sq.ft. have been sold. Education population which is poised to grow to a level of 1500 in 2013-14 is a major demand driver of residence. Growth of education population from the current level of 900 to 4000 by FY16, along with the Light Engineering Services, IT Training centres & demand from Kalpakkam will continue to drive the residential sale.

For Website :http://www.margswarnabhoomi.com/

Residential projects at MARG Swarnabhoomi

Maha Utsav –   Affordable homes with a sea / lake view – more than 400 apartments sold

Maha Utsav is a DTCP approved 581 units, mid-rise apartment project with 2 & 3 BHK starting at Rs. 12.97 lacs and construction is underway in full swing. With superior Design and top-notch Amenities, Maha utsav is a sound investment. It is an ideal option for those on the lookout for ‘value for money’ apartments-rightly priced, without compromising on essential features. Each apartment features 3 sided ventilation, spacious rooms, a balcony and access to modern convenience facilities like club house, swimming pool etc.

For more details on Mahautsav, click here

Four Seasons – Contemporary hi-end living

A ’28 floor’ high rise consisting of around 4000 apartments, Four Seasons will be the tallest landmark on ECR with a sea & lake view & multiple views of the scenic beauty around including  Bay of Bengal , several water bodies and undisturbed lavish nature around. Four Seasons indisputably is emerging as an enviable product starting at a price of Rs. 21 lakhs. Construction for 800 apartments will begin soon.

For more details on Four Seasons, click here

Aayush – The joy of owning your dream apartment – more than 400 apartments sold

It’s time to make your dream of owning a home a reality. The 1300 apartment Aayush is priced just right to be a great investment. It comes packed with great amenities like children’s play area, Swimming pool, clubhouse and gym. Ayush represents dream homes within your budget. More than 400 apartments are sold.Construction to begin soon.

Navaratna – The joy of designer homes - SOLD OUT

MARG Navaratna is an exquisitely crafted residential apartment complex & boasts of superior construction of international quality. The project is designed to be eco-friendly and great importance has been laid on long term value with rain water harvesting, solid waste management and other new age recycling technology.

Navratna Phase 1: More than 200 happy families living in Navratna Phase I. Construction completed.
Navratna Phase 2: 250 units have been handed over in Navratna Phase II. Construction completed.

Utsav – The Joy of a value conscious home – SOLD OUT

With 720 apartments at a starting price of Rs. 14 lacs, Utsav represents cost-effective smart apartments loaded with great features cum amenities .It promises to be the new defining address for discerning home seekers. Construction is nearing completion.

Swarnabhoomi Cityscapes is a unique bouquet of serviced villa plots called “Bay view”, “Lake View Garden” & “Royal Orchard”. Located in the vicinity of MARG Swarnabhoomi, on the scenic ECR near Chennai, 225 acres have been earmarked with 2425 villa plots. More than 250 plots covering over 4.3 lac sq ft have already been sold.

Swarnabhoomi Cityscapes is set to address the emerging requirement for quality and high appreciation plots in Chennai. These plots enjoy access to all shared facilities at MARG Swarnabhomi. Just a step away from the proposed industrial projects of NTPC and BGR Energy, they are also close to the proposed Southern Railway station at MARG Swarnabhoomi.

“Bay View” villa plots: Premium sea view plots starting from Rs. 11.4 lakhs* per ground & located just 1 km from the ECR beach (close to Cheyyur Lake). Being on the entertainment corridor, just 2kms from TTDC Boat House (Mudaliarkuppam) and the proposed water sports & Theme Park, these villa plots are expected to see notable appreciation.

Surrounded by nature’s freshness and lush greenery, ”Lake View Garden” plots are premium pieces of land which comes with a price range starting from Rs. 7.57 Lakhs* per ground. Located on ECR with close proximity to Koovathur hospital and near to the proposed BGR Energy Plant, Lake View Garden is a great investment opportunity.

“Royal Orchard” villa plots are in the midst of serene nature, tranquil environment and its beauty. Located next to Tapovan Ultra Luxury Villas by MARG ProperTies with a price range starting from Rs. 5.59 Lakhs* per ground, Royal Orchard offers garden plots off ECR , just 18kms from Maduranthagm Railway station.

Additional plotted development being planned in 136 acres with a sale value of Rs. 120 crores.

To know more, visit http://www.swarnabhoomicityscapes.com/

Greater Swarnabhoomi

The strategically located villa plots are in sync with the master vision on holistic regional development of 10,000 acres around MARG Swarnabhoomi, termed by us as “Greater Swarnabhoomi”, a concept which has its roots in urban decongestion & in the near future will create a spread effect with a holistic mega urban agglomeration zone.

Greater Swarnabhoomi will act as a reservoir & single point of convergence for all educational institutions in and around Chennai, Chengalpattu, Tiindivanam, and its sphere of influence will stretch upto Pondicherry.

To know more on Greater Swarnabhoomi, http://greaterswarnabhoomi.com/

To facilitate a smooth ride for thousands of people hitting the IT corridor everyday, the Tamil Nadu government has announced an elevated corridor along the 45km Old Mahabalipuram Road. It would be the country’s longest such corridor, much longer than the Hyderabad airport-city link which is 11.6km.

Chief minister J Jayalalithaa said the government would soon prepare a detailed project report. The announcement comes at a time when the 19km Chennai Port-Maduravoyal elevated corridor, being built by NHAI, is stalled because of the objections raised by the state government.

Jayalalithaa made a slew of announcements in the assembly on road infrastructure development, including on multi-level vehicle parking at Siruseri, rail over- bridges and road widening projects estimated to cost 2,000 crore.

The elevated corridor would be built in two phases, from Taramani to Siruseri and Siruseri to Mammallapuram. “This is to decongest the chaotic traffic emanating from the large number of IT firms, multi-storied buildings and educational institutions along this road. 5 crore will be allocated for the detailed project report,” she said. The IT corridor was initiated by Jayalalithaa during her earlier tenure.

The 45km long stretch starts at Madhya Kailash Temple junction on Sardar Patel Road and ends on East Coast Road, parallel to the Old Mahabalipuram Road. The prestigious TIDEL park is also located on this road.

Swarnabhoomi Academy of Institutions (SAI) is an ambitious education initiative aimed at connecting the industry with academia while shaping young minds to create a knowledge based society & bringing about profound harmony & prosperity. The institutions under SAI banner boast of enviable campus & infrastructure, great learning environment and experienced

The education initiatives of SAI are clubbed under the “Swarnabhoomi Educity” brand. An education cluster aiming at providing industry led academia in a flourishing environment of 300 acres at MARG Swarnabhoomi, “Swarnabhoomi Educity” is the first of its kind education cluster in South Asia, positioned as the ‘NextGen Knowledge hub for global education in India’ providing an integrated experiential learning environment.

Swarnabhoomi Educity is dedicated to develop world class Institutes with an aim to develop a global education campus. A multi-domain education framework spanning across music, architecture, job oriented courses and fast upcoming courses on engineering, maritime studies, technology, humanities & medicine is fast taking shape at Swarnabhoomi Educity.

In next five years, various institutes offering multi-discipline courses will come up at Swarnabhoomi Educity, in a phased manner. Current student strength of 900 is expected by grown by 1500 in 2013-14, which will further grow to 4,000 in 2015-16, accelerating demand for residential / hostel facilities at MARG Swarnabhoomi.

To view the leadership team driving educational initiatives, click here

Operational educational institutes at MARG Swarnabhoomi

MARG Institute of Design & Architecture Swarnabhoomi (MIDAS)

MARG Institute of Design & Architecture Swarnabhoomi (MIDAS) – addressing global need for high quality architects, MIDAS is affiliated to Anna University of Technology, Chennai and is approved by the Council of Architecture, New Delhi. Spread across 2.5 acres of land, the institute is equipped with all the modern amenities to provide quality education in the field of architecture.

MIDAS has gained acclimation for extensive industry led academia. Being part of MARG Swarnabhoomi, MIDAS students has opportunity to learn in 22.8 million sq ft of live laboratory. Series of academic excursion to architectural landmarks, participation in various architectural events & competition gives ample opportunity for experiential learning.

MIDAS is in its second year of operation. Current student strength at MIDAS is 135 (1st batch:  55, 2nd Batch: 80 students). MIDAS has received a Letter of Intent (LoI) from Council of Architecture, New Delhi, for adding another 40 seats to the B. Arch program, from the academic year 2013-14. The annual intake of B. Arch program post the increase will become 120.  Projected student strength in 2013-14 will be 255.

To know more about MIDAS, visit  www.midas.ac.in

Swarnabhoomi Academy of Music

Swarnabhoomi Academy of Music is the first ever professional college for music in India offering a range of programs in contemporary music like rock, jazz, classical and world music.

It aims at providing a challenging academic program in music that fosters a collaborative exchange of ideas and thoughts in a culturally rich environment exemplifying the notion of a global community. By blending the best of Indian traditional Gurukula based classical music pedagogy and contemporary western college education practice, the college seeks to not only provide a unique and rounded music education but also build character and personality in its students and prepare them for careers in music as performers, arrangers, songwriters, composers, producers, teachers and more.

It has recently tied up with McNally Smith College of Music, USA to offer a first of its kind exchange program for SAM students, leading to a degree at McNally Smith College of Music.

Since starting its Diploma Program in July 2010, SAM has hired 56 world class musicians from 24 countries as faculty. These include several Grammy nominated artists, MacArthur fellows and some of the most distinguished performing artists in the world.

280 students have already graduated from SAM so far and the 2013-14 will see another 150 graduate. SAM Diploma and short program alumni are some of the leading musicians in the country across all genres.

To know more about SAM, visit  http://sam.org.in

MARG Navajyothi Vidyalaya – A school focused on holistic education

Launched in FY 2011-12, MARG Navajyothi Vidyalaya is a K-12 school affiliated to CBSE, with modern classrooms equipped with advanced educational tools. The aim of the school is to provide quality primary education at an affordable cost.

Spread over 2 acres, it is the only school in the region which focuses on the overall development of children by including various extra-curricular activities in its syllabus. The school has gained acclaim for its unique teaching methodology, which includes smart classes and interactive learning.

The current count of students in MARG Navajyothi Vidyalaya is 400. In 2013-14, student strength at MNV will go up to 500.

To know more about MNV, visit  www.margnavajyothividyalaya.com

Exemplarr Centre for Employability & Learning (EXCEL)

EXCEL is Exemplarr Worldwide’s finishing school aiming to bridge the gap between the skills produced by the universities and the skills required by the industry. The school is focusing on bridging the gap between demand and supply in a few identified high growth industry segments in India. EXCEL endeavours to make Tier 2 and Tier 3 city students ready for the future demands by the industry.

The finishing school is part of a ‘Shared Training Facility’ at MARG Swarnabhoomi consisting of state-of-the-art academic, computing & residential facilities for students and faculty. The shared facility will be expanded year-on-year to simultaneously train about 1000 students at any point in time, in a completely residential mode. This will enable many corporates looking for readymade integrated training and residential facilities in a cost effective manner to avail this facility.

To know more about Excel Finishing School, visit  www.excelfinishingschool.com

Upcoming education institutes at MARG Swarnabhoomi

• MARG Institute of Technology Swarnabhoomi (MITS) -AICTE approved engineering college, will have BE programs in Civil, Mechanical, Electrical & Electronics Engineering
• MARG Institute of Management and Entrepreneurship (MIME) will offer management programs in Real Estate, Infrastructure, Port and Logistics Management
• MARG College of Arts & Science (MCAS) will offer degree programs in B.Com, BBA, BCA, B.Sc (Hotel Management) and B.Sc (Computer Science). The differentiator at MCAS will be the dual program which a student can choose and be more industry ready. It is the key differentiator to the college, attracting larger numbers
• Swarnabhoomi International School (SIS) -The school will be the first fully residential International school in 100 Km radius around MARG Swarnabhoomi
• MARG Swarnabhoomi Institute of Creative Technology (MSICT) -Initial student Intake at MSICT in year 1 (2013) will be 60 (30 for each course viz. multimedia/ animation) for more details:http://msict.ac.in/
• Central Institute of Technology (CIT) – Signed MoU with Central Institute of Technology (CIT), Western Australia to offer vocational courses in India
• Global Student Top Up Program (GSTP) will offer, primarily cognitive and skill related programs to the global youth

To know more about upcoming educational institutions at MARG Swarnabhoomi, click here

Schematic view of Outer Ring Road

The Chennai Metropolitan Development Authority (CMDA) is planning to prepare a detailed development plan (DDP) for the areas adjoining Outer Ring Road (ORR). The 62.3-km-long ORR connects NH 45 (GST Road) at Vandalur, NH 4 (GWT Road) at Nazarathpet, NH 205 (CTH Road) at Nemilicherry (Thiruninravur), NH 5 (GNT Road) at Nallur and TPP road at Minjur. Sources told Express that the Second Master Plan had identified areas along the ORR as potential areas for future growth.

The ORR was part of the recommendations of the First Master Plan for Chennai Metropolitan Area, to ease traffic congestion in the city by connecting the NH in the Chennai Metropolitan Area.

It is believed that the DDP proposed by the CMDA would focus on the grid of roads, aiming at good connectivity to the outer ring road, inter linkages and future requirements of physical and social infrastructure.

Interestingly, the proposal also comes in the wake of the development of a passenger-cum-freight railway line, linking Ennore to Vandalur on the ORR stretch, which planners feel will generate interest among the real estate developers. Besides, the State Government is also planning to build an inter-city satellite bus terminal in Vandalur for South-bound buses.

The CMDA is likely to drop the plan to develop a detailed development plan for Ambattur, which it feels has already developed. Ambattur was among the five peri-urban areas, for which the CMDA planned to develop DDPs more than four years after the Second Master Plan came into being.

DDPs are prepared under Section 27 of the Tamil Nadu Town and Country Planning Act and the maps prepared show the ideal use of each piece of land in the area and guide infrastructure development by various department and agencies.

In a tropical climate like ours, wind, monsoons, sun and harsh summer heat have to be kept in mind while designing a house.

Visit:http://sam.org.in/

Chennai has witnessed several project launches despite subdued economic conditions. Approximately 26,000 residential units were launched in the city during 2012, signifying an increase of almost 73 per cent over the previous year, according to a survey by Knight Frank India research. This reflects the impact of the improved economic conditions since 2011 and the resultant optimism in the residential market.

An estimated 77,500 units were in varying stages of construction across the city till December 2012. A majority of the residential projects launched are focused in south Chennai, accounting for about 60 per cent of the total units launched in the city. The southern micro-market is followed by west Chennai as the region witnessed the second highest number of new residential launches during 2012.

The northern part of the city accounted for 7 per cent of the total units, an improvement of 17 per cent over the previous year’s share. The central part accounted for a minimal percentage of the total number of new launches in the city. This can be attributed to the dearth of suitable plots for development in the region.

A significant development is the emergence of preference for living in gated township projects promoting the concept of community living. This is one reason which has increased outside developers to opt for integrated township projects in the suburbs and peripheral areas.

On the absorption front, the city witnessed a steady intake in both 2011 and 2012 from 27,500 units in 2011 to 29,000 units in 2012. High absorption was observed in the affordable and mid-end category in locations like OMR that offered an acceptable degree of social infrastructure. However, new launches led to the proportion of unsold under construction units at around 40 per cent up from its previous level of 31 per cent. In many cases, developers resorted to giving away freebies and came up with various schemes to attract buyers during the festive season.

Chennai has been a relatively steady residential property market as compared to what has been witnessed in other metros. While growth momentum may not be sustained, developers are expected to continue executing their projects. Affordable housing projects will continue to rule the roost in areas with social infrastructure lagging and lower capital values.

With improved economic scenario and market sentiments, the city will continue to attract investments from several industries due to its strategic location, availability of skilled manpower and improving infrastructure.

For More Details :http://www.margswarnabhoomi.com/

Japanese investments into Tamil Nadu are set to get a boost with the State Government entering into an agreement with the Singapore-based developer Ascendas and a Japanese consortium to promote a Rs 3,500 crore industrial township near Chennai.

A business support centre is also to be set up to facilitate Japanese investments into the State.

According to an official press release, the agreement between the Tamil Nadu industrial investment facilitating agency, the Guidance Bureau, Ascendas and a Japan consortium comprising Mizuho Corporate Bank, JGC Corporation, a programme management contractor and investment partner, was signed at the Secretariat today in the presence of the Tamil Nadu Chief Minister, Ms J. Jayalalithaa and Japan’s Minister of Economy, Trade and Industry Mr Yukio Edano.

The 1,500-acre township to come up on the Old Mahabalipuram Road, to the South of Chennai, to be developed over five years will have a manufacturing zone, commercial, residential, and institutional and social infrastructure facilities. The project has a potential to attract investments of over Rs 15,000 crore and generate 40,000 jobs. The State Government will facilitate the implementation of the project.

Over a third of Japanese investments into India are in Tamil Nadu where 286 major Japanese companies have established a base.

The Chief Minister, Ms J. Jayalalithaa said that Tamil Nadu has constituted a Joint Working Committee in line with the suggestions made by the Japanese Ambassador to India, Mr Saiki, who had visited Chennai in September last year. The committee will facilitate dialogue on social developmental issues, cultural and education exchanges, improving investment climate and infrastructure development.

While assuring full support to the Japanese investments in the State, She said the Government will soon be coming out with a new, investor friendly, industrial policy.

To specifically address the needs of the Japanese companies, a study to set up a Northern Port Access Road to improve infrastructure around Ennore Port. The port dredging works are also being expedited. The agreement to set up a business support centre was signed between the Guidance Bureau and the Japan External Trade Organisation (Jetro).

In a separate press release, Ascendas said that through the MoU, Tamil Nadu has agreed to facilitate the collaboration between local government agencies with Ascendas and its partners in the implementation of the township project.

The integrated township will be developed by the joint venture between Ascendas India Development Trust (AIDT), the private property development fund spearheaded by Ascendas, and one of India’s leading real estate developers, IREO, along with the Japan Consortium.

The township is to come up about 50 km south of Chennai, the development will integrate industrial, business, commercial and residential elements with lifestyle amenities. The 1,500-acre township will provide eco-friendly infrastructure for the growth of Japanese and international businesses and support a community of more than 40,000.

Visit :http://www.margswarnabhoomi.com/

•  Lease is an inheritable right, which is available as a right against any person in the world. License is not an inheritable right. It is personal and exclusive to the Licensee and on death it automatically stands revoked.
• Lease creates interest on the leased property in favour of the lessee. In License no such interest is created in the Licensee.
• • Lease interest can be assigned. License is not assignable.
• • Denial of Lessor’s title results in forfeiture of lease. It is not so on a License.
• • Remedy of breaches in case of lease is that lease can be enforced. In the case of License only suit for damages can be filed.
• • Termination of lease requires notice to be served on the lessee. Termination of License can be done without notice.
• • Lease deed requires registration under Registration Act 1908 and Transfer of Property Act 1882 if the value of property exceeds Rs 100 or lease duration exceeds 11 months. Earlier in case of leave and real estate License agreement registration was not compulsory. However according to recent amendment in Maharashtra, stamp duty and registration is made compulsory.
• • A Lessee can sue stranger or third party in his own name. A Licensee cannot do so. Hence it can be constructed from the above that under terms of agreement in respect to land and building for commercial purpose, exclusive possession is not given, and there is a covenant for delivery of vacant possession after expiry of the terms of agreement, the agreement would be a License and not a lease. Hence the cardinal distinction between a lease and License is that in the former there is a transfer of interest of the immovable property to enjoy, whereas on the latter case there is no transfer of interest on immovable property at all.
• License only acquires a right to occupy premises. When premises are given out on lease or tenancy basis, the legal possession of the premises in these cases is also deemed to be transferred to the lessee or tenant respectively. Source: Maharashtra Societies Welfare Association

Come and study at SAM for three days with a Jazz/Fusion legend and star guitar faculty of Musicians Institute (MI) in Los Angeles.

Virtuoso guitar master Jeff Richman is one of America’s most prolific guitarists in the Jazz/Rock and Fusion genres. Jeff has been among the ‘A’ list of Los Angeles players for the last few decades. His huge body of work includes concerts all over the world and 16 solo albums as leader on numerous record labels. He has performed with such major artists as B.B. King, Henry Mancini, Manhattan Transfer, Blood Sweat and Tears, Billy Cobham, Pat Martino, Steve Lukather, Eric Johnson, Dave Weckl, Vinnie Coliauta, Steve Morse, Simon Phillips, Steve Gadd, Airto Moreira, Flora Purim. His Compositions have been recorded by Cliff Richard, Robbie Krieger of The Doors, Vital Information and other artists. Jeff’s long list of performances in feature films and Television include Beethoven 3^rd and 4^th, The Hollywood Sign, Las Vegas, Never Ending Story, That thing you do and several others.

Jeff produced a series of 6 CDs featuring some of the world’s most in demand players for Tone Center Records. These CDs were tributes to John Coltrane, Miles Davis, Steely Dan, Mahavishnu Orchestra, Carlos Santana and Jeff Beck. He performed a few years back in Mumbai with an all star band of musicians from Yellow Jackets – Russ Ferrante, Jimmy Haslip and Will Kennedy. Jeff is currently in the studio recording his 17^th solo album with drum legend Steve Gadd, bass masters Jeff Lorber and Jimmy Haslip and keyboard stars George Whitty and Alan Pasqua.

Jeff has been a star guitar faculty at Musicians Institute for several years. His exceptional contributions to MI’s guitar program is well known. He is a world class educator, respected for his exceptional teaching methodologies.

Program for Camp

Jeff Richman, the consummate guitar player, teacher, composer and arranger will bring his decades of top-notch performance and LA studio experience to hone the technical and musical skills of Camp students. Through a well defined hands on approach designed to bring out all aspects of musicianship, Jeff will focus on melodic and chordal approaches to improvisation, composition, arranging and interpretation.

All day Classes and playing sessions will include listening, analysis, tools for effective studio playing, gear, playing over chord changes, pro guitar insights on stylistic approaches and more.

Jeff and the students will work with a Rhythm Section of brilliant musicians and SAM staff Wayne Fernandez on bass and Shyam Rao on drums in classes and ensembles to make the sessions fun, productive and practical. Students will work on a range of musical material including Jeff’s originals and will perform innovative arrangements of songs of artists such as Stevie Wonder, Jimi Hendrix, Jeff Beck, Herbie Hancock, Joe Zawinul, John Scofield etc, all customized by Jeff specifically for this Camp.

The morning sessions will be devoted to classes and afternoon sessions to ensembles. Student ensembles coached by Jeff will perform a concert at the end of the Camp at SAM’s beautiful terrace theater with world class equipment in a dream setting under the stars, making it a fitting finale to what promises to be one of a kind experience for guitar players!

Visit :http://sam.org.in/

The relaxation of land norms for SEZs will have wide-ranging implications for commercial real estate development in the country.

SEZ in Chennai -Marg swarnabhoomi

Instead of 25 acres which used to be the minimum required area for developing a single product SEZ, now SEZs can be promoted on even a 6.6 acre land as IT development has accorded higher floor space index (FSI is ratio of land area to built-up area) in many cities. Chennai, for instance, permits 3.75 FSI for IT development. As per the new norm, the building should have one lakh sqm area (10.76 lakh sq ft) to be classified as SEZ in seven major cities. In category B cities, the minimum built-up area specified is 50,000 sq metres and in remaining ones it is 25,000 sq metres.

The most encouraging aspect is that many more IT companies will now be able to launch their own SEZs. Previously, only the largest IT players could have their own IT SEZs, given the capital required to buy 25 acres land. Developers will now be able to aggregate smaller contiguous land parcels and turn them into SEZs.

The vacancy level was very low in SEZs located close to Chennai city. Even as about one crore million sq ft of small IT parks is lying vacant in the city and outlying areas, there is no space in SEZs. “Owing to relaxation of norms, at least two to three new IT SEZs will come up close to the central business district in Chennai” While SEZs fetch between Rs 40 and Rs 50 per sq ft as monthly rental, stand-alone IT parks are available at even Rs 20 per sq ft.

Further, some IT SEZ developers who have already met the one lakh square metre built-up area criterion will now convert the balance land for residential use, giving the mixed-use edge while also making the formation of many more walk-to-work residential projects possible.

Real estate developers will now be able to also divide up their land holdings and allocate smaller parts to IT companies to construct their own IT SEZs.

Another important outcome is that it will now become easier to exit from SEZs, given that the transfer of ownership of SEZ units – including sale – has now been allowed. Moreover, real estate private equity funds with foreign capital will now be able to do smaller deals, and this is bound to bring in more FDI into the sector.

The First Professional College Of Music In India to offer a range of programs in contemporary music that includes Rock, Jazz, Classical, Carnatic and World music. With world renowned faculty and top of the line facilities.

Swarnabhoomi Academy Of Music
www.sam.org.in

Industries minister on April 19 said six new industrial parks will be established across the state spread over 8,000 acres. He told the assembly that these parks would come up in Sriperumbudur, Cheyyar, Tuticorin, Madurai, Oragadam and Tindivanam.

The minister said the new park in Sriperumbudur will generate direct employment for 3,000 persons and indirect jobs to 20,000 persons. This park would be spread over 1,780 acres. “Many MNCs have evinced an interest to establish units in their park,” the minister said.

The Cheyyar industrial complex would entail an expansion on 2,300 acres of land while in the case of Tuticorin it would be 1,179 acres under Phase II for the Thoothukudi industrial complex. In case of the Madurai industrial park, the government is in the process of acquiring 1,478 acres and 720 acres of land in the Tindivanam industrial park. Land extending 616 acres will be added to the Oragadum industrial growth centre under Phase II of the project.

In addition, SIPCOT (State industries Promotion Corporation of Tamil Nadu) is also in the midst of preparing a comprehensive plan for Sriperumbudur with the help of consultants to upgrade basic social infrastructure and also housing facilities for employees in the region. “The government has issued orders for 100 acres of land each to be allotted by SIPCOT for setting up separate industrial parks for investors from countries like Japan, Korea, Finland, Germany and France to attract more foreign investment,” Thangamani said. The allotment would be made after acquisition of lands in the Sriperumbudur industrial park expansion (Vallam-Vadagal scheme).

In addition, SIPCOT has identified another 25,000 acres to develop the industrially backward southern districts. “It is proposed to create a land bank of 20,000 acres to fulfill the Tamil Nadu Vision 2023 document,” the minister said.

SIPCOT is exploring the possibility of establishing a water treatment plant to meet the present water requirements of 10 MGD (million gallons per day) for industrial park requirement either through a public private partnership model or with Chennai Metro Water.

TIDCO (Tamil Nadu Industrial Development Corporation) is also in the process of constructing bio park Phase II that will provide an additional lab space of 6.13 lakh square feet for bio technology, pharmaceuticals, nano technology and other research and development activities at a cost of Rs 150 crore at Taramani, Chennai and is also planning a LNG (liquefied natural gas) import terminal at an estimated cost of Rs 4,320 crore near Ennore.

Source: The Times of India, Chennai

Engineering SEZ
An ideal destination to set up your manufacturing facilities

Welcome to a world class Engineering SEZ, designed to pursue business excellence on a land of new thinking. Spread over 311 acres of land with over 156 acres of processing area, the meticulously designed Engineering SEZ intelligently caters to every minute need of the engineering industry, making it an ideal destination to start up your operations.

SEZ in Chennai at MARG Swarnabhoomi

Engineering SEZ is set in the mega township of MARG Swarnabhoomi. The project has created a business-friendly ecosystem by utilising smart economy, smart governance, smart environment, smart people (social and human capital), smart mobility (ICT), and smart living.

Set on the strategic ECR stretch, “the growth corridor” of the future and being close to Chennai, Engineering SEZ has access to world class academia. It is also well connected via road, rail & airport and unlike other industrial clusters, it has all the facilities to foster business. Away from common din of the cities, located at scenic backwaters of ECR, the city is planned in such a way that it harmonizes with nature and offers scenic tranquillity and peacefulness to uplift human mind and soul.

VALUE PROPOSITION

SEZ BENEFITS

INFRASTRUCTURE SOLUTIONS

LOCATION ADVANTAGES

The ministry of commerce and industry would soon announce relaxed land-related norms for Special Economic Zones (SEZs) to arrest the slackening pace of growth in these tax-free zones by making certain changes in the SEZ policy.

In a major amendment to the policy, enacted in 2006, for the first time the government will change the minimum land requirement across all sectors. It will reduce the threshold limit for each sectorspecific SEZ, in the wake of severe constraints faced by the developers in acquiring huge tracts of contiguous land. At present, the minimum land required for multi-product, multi-service, information technology and gem and jewellery SEZs is 1,000 hectares (ha), 100 ha and 10 ha each, respectively. This is also referred to as the ’10-100-1,000′ model.

The problem faced by most developers is with acquiring land for multi-product SEZs of 1,000 ha that is ‘vacant’ as well as ‘contiguous’.The government has now planned to reduce the minimum land requirement significantly.

Source: The Economic Times, Delhi/NCR

Operational educational institutes at MARG Swarnabhoomi

MARG Institute of Design & Architecture Swarnabhoomi (MIDAS)

MARG Institute of Design & Architecture Swarnabhoomi (MIDAS) – addressing global need for high quality architects, MIDAS is affiliated to Anna University of Technology, Chennai and is approved by the Council of Architecture, New Delhi. Spread acres 2.5 acres of land, the institute is equipped with all the modern amenities to provide quality education in the field of architecture.

MIDAS has gained acclimation for extensive industry led academia. Being part of MARG Swarnabhoomi, MIDAS students has opportunity to learn in 22.8 million sq ft of live laboratory. Series of academic excursion to architectural landmarks, participation in various architectural events & competition gives ample opportunity for experiential learning.

MIDAS is in its second year of operation. Current student strength at MIDAS is 135 (1st batch:  55, 2nd Batch: 80 students). MIDAS has received a Letter of Intent (LoI) from Council of Architecture, New Delhi, for adding another 40 seats to the B. Arch program, from the academic year 2013-14. The annual intake of B. Arch program post the increase will become 120.  Projected student strength in 2013-14 will be 255.

To know more about MIDAS, visit  www.midas.ac.in

Swarnabhoomi Academy of Music

Swarnabhoomi Academy of Music is the first ever professional college for music in India offering a range of programs in contemporary music like rock, jazz, classical and world music.

It aims at providing a challenging academic program in music that fosters a collaborative exchange of ideas and thoughts in a culturally rich environment exemplifying the notion of a global community. By blending the best of Indian traditional Gurukula based classical music pedagogy and contemporary western college education practice, the college seeks to not only provide a unique and rounded music education but also build character and personality in its students and prepare them for careers in music as performers, arrangers, songwriters, composers, producers, teachers and more.

It has recently tied up with McNally Smith College of Music, USA to offer a first of its kind exchange program for SAM students, leading to a degree at McNally Smith College of Music.

Since starting its Diploma Program in July 2010, SAM has hired 71 world class musicians from 25 countries as faculty. These include several Grammy nominated artists, MacArthur fellows and some of the most distinguished performing artists in the world.

397 students from India, USA, Tunisia, UK, Bangladesh, Democratic Republic of Congo, Oman, UAE, Germany, Argentina, Australia and Mexico have attended SAM’s Single Semester Certificate, 1 or 2 year diploma programs, workshops and camps so far. The 2013-14 will see another 150 graduate. SAM Diploma and short program alumni are some of the leading musicians in the country across all genres.

SAM boasts Best-in-Class facilities – An acoustically treated air-conditioned facility of 30,000 sq ft. with 10 ensemble rooms, individual guitar, piano, drum and vocal practice rooms, a library with over 500 titles, a media center with top of the line music work stations, 2 acoustically well designed recital halls, 2 outdoor performance areas and 17 individual huts for rehearsal. These are filled with 16 pianos, 26 drum sets, 30 Mesa Boogie and Vox Guitar Amps, 17 Bass Amps, numerous PAs, mixers and recording setups.

Over the next few years, SAM aims to diversify into inter-disciplinary programs, state-of-art recording studio complex, cultural tourism and wellness. However, core areas of activity like facility expansion & academic development will remain.

To know more about SAM, visit  http://sam.org.in

MARG Navajyothi Vidyalaya – A school focused on holistic education

Launched in FY 2011-12, MARG Navajyothi Vidyalaya is a K-12 school affiliated to CBSE, with modern classrooms equipped with advanced educational tools. The aim of the school is to provide quality primary education at an affordable cost.

Spread over 2 acres, it is the only school in the region which focuses on the overall development of children by including various extra-curricular activities in its syllabus. The school has gained acclaim for its unique teaching methodology, which includes smart classes and interactive learning.

The current count of students in MARG Navajyothi Vidyalaya is 400. In 2013-14, student strength at MNV will go up to 500.

To know more about MNV, visit  www.margnavajyothividyalaya.com

Exemplarr Centre for Employability & Learning (EXCEL)

EXCEL is Exemplarr Worldwide’s finishing school aiming to bridge the gap between the skills produced by the universities and the skills required by the industry. The school is focusing on bridging the gap between demand and supply in a few identified high growth industry segments in India. EXCEL endeavours to make Tier 2 and Tier 3 city students ready for the future demands by the industry.

The finishing school is part of a ‘Shared Training Facility’ at MARG Swarnabhoomi consisting of state-of-the-art academic, computing & residential facilities for students and faculty. The shared facility will be expanded year-on-year to simultaneously train about 1000 students at any point in time, in a completely residential mode. This will enable many corporates looking for readymade integrated training and residential facilities in a cost effective manner to avail this facility.

To know more about Excel Finishing School, visit  www.excelfinishingschool.com

Upcoming education institutes at MARG Swarnabhoomi

• MARG Institute of Technology Swarnabhoomi (MITS) -AICTE approved engineering college, will have BE programs in Civil, Mechanical, Electrical & Electronics Engineering
• MARG Institute of Management and Entrepreneurship (MIME) will offer management programs in Real Estate, Infrastructure, Port and Logistics Management
• MARG College of Arts & Science (MCAS) will offer degree programs in B.Com, BBA, BCA, B.Sc (Hotel Management) and B.Sc (Computer Science). The differentiator at MCAS will be the dual program which a student can choose and be more industry ready. It is the key differentiator to the college, attracting larger numbers
• Swarnabhoomi International School (SIS) -The school will be the first fully residential International school in 100 Km radius around MARG Swarnabhoomi
• MARG Swarnabhoomi Institute of Creative Technology (MSICT) -Initial student Intake at MSICT in year 1 (2013) will be 60 (30 for each course viz. multimedia/ animation)
• Central Institute of Technology (CIT) – Signed MoU with Central Institute of Technology (CIT), Western Australia to offer vocational courses in India
• Global Student Top Up Program (GSTP) will offer, primarily cognitive and skill related programs to the global youth

To know more about upcoming educational institutions at MARG Swarnabhoomi, click here

• Villa plots are located around MARG Swarnabhoomi, a 1000 acre aspiration city
• 3 plot projects launched:“Bay view” , “Lake View Garden” & “Royal Orchard” in the rapidly developing urban area
• Huge appreciation value with proximity to:
  • BGR Energy & NTPC industrial projects
  • TTDC water sports and theme park
  • Shared facilities of MARG Swarnabhoomi
  • Proposed Southern Railway station in the future
• Starting from just Rs 4.99 Lakhs per ground

“Bay View”villa plot which is located at just 1 km from the beach on ECR and close to Cheyyur Lake start from Rs.9.99 lakhs* onwards per ground. Bay View comes with a 571 premium sea view plots which is located on the entertainment corridor, just 2kms from TTDC Boat House (Mudaliarkuppam) and proposed water sports & Theme Park.

Surrounded by nature’s freshness and lush greenery, “Lake View Garden” plots are premium pieces of land which comes with a price range starting from Rs. 7.57 Lakhs* onwards per ground. Lake View Garden offers 517 garden plots which are located on ECR in close proximity to Koovathur hospital and near proposed BGR Energy Plant.

“Royal Orchard” villa plot inspires by the serene power of nature and its beauty is located next to Tapovan Ultra Luxury Villas by MARG ProperTies in tranquil environment comes with a price range starting from Rs 4.99 Lakhs* per ground. Royal Orchard offers 397 garden plots off ECR which are located just 18km from Maduranthagm Railway station.

Location Map :

Visit :http://www.swarnabhoomicityscapes.com

The government may make it compulsory to register “lease” documents even for a period of less than one year, a move aimed at putting property owners and tenants on a stronger legal footing in case of disputes.

An amendment proposed to the Registration Act, 1908, seeks to redefine “lease” to remove the provision which says that those for a period under one year need not be registered. The amendment would, however, exempt “lease” agreements pertaining to an amount which is below the “floor price”. The move is aimed at giving a stronger legal standing to sections like property owners and buyers or tenants who don’t have their lease documents registered, largely because the period they deal with is under one year.

The provision of non-registration is exploited by groups like landlords who tailor the lease in a way (like 11 months) to keep them from registration. Conversely, there are cases of land grabs or squatting where non-registered lease puts the owners on a weak wicket.

Sources said making registration compulsory for every lease could hinder business because of sheer volume and the government has thought of a “floor price” to make it binding. States are likely to be given the freedom to decide the “floor price” and they could fix it according to what suits the larger public interest there.

It is part of the changes that Union rural development ministry has proposed to the Registration Act, and are being vetted by the law ministry. The government may also make it mandatory to register powers of attorney. The transfer of property without registration causes loss to exchequer and is also a big source of disputes. Powers of attorney would be put under Section 17 of the act which deals with compulsory registration.

In another change, the “registered documents” relating to moveable and immoveable property would no longer be secrets in the registrar’s office for which officials are to be pestered or bribed for a glance. The changed law may throw the “Book 4” open for general viewing. “Book 4” or the Miscellaneous Register is a compendium of all registered documents of certain value which is not allowed to be accessed by the general public. Sources said it would enable citizens to verify facts like ownership details of certain properties.

A new clause is proposed to authorize ‘registration officers’ to refuse registration. Following the change in law, the officer could invoke his authority in case of documents relating to transfer of properties belonging to government, property under litigation, those belonging to charities or those whose transfer has been banned by states.

Source: The Times of India, New Delhi