Ambur Set to Transform into a Smart Metropolitan and Real Estate Hub with Major Infrastructural Developments



24/11/2023
Ambur, nov 23: Ambur, a bustling town in the Tirupathur district of Tamil Nadu, is poised for significant societal and infrastructural advancements, promising exponential benefits for its current and future residents.
Renowned for its thriving leather industry, which caters to both domestic and international markets, Ambur is now on the cusp of a transformation that will elevate it to the status of a smart metropolitan city. The leather industries in Ambur, along with neighboring regions such as Vellore and Vaniyambadi, currently employ over 3.5 lakh people, with expectations of further growth as the town undergoes proposed developments. The government has announced a colossal 250-acre mega footwear manufacturing park, valued at Rs. 400 crore, to be established at Panapakkam in Ranipet. This project is anticipated to generate 20,000 jobs, with a particular focus on empowering women. It is also poised to elevate the district's overall export levels to a global standard. These transformative projects are expected to trigger a cascade of infrastructural and societal developments within Ambur. Among the sectors poised for significant growth is real estate, as the town prepares for an influx of new residents.
Large parcels of land are already being acquired by real estate developers, who are gearing up for extensive residential and commercial projects.
A recent study conducted by a reputable organization indicates that Tier-II and III cities, including Ambur, Mahabalipuram, Coimbatore, Trichy, and Mysuru, have garnered the attention of real estate developers. The focus is on setting up numerous plotted residential projects to accommodate the anticipated influx of newcomers. Experts suggest that investing in industries like real estate in Ambur will yield substantial returns and profits, marking a promising era for the town's economic and urban development.
Share This Story |
|
Comment On This Story |
|
|