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In spite of slow down of IT and ITES SEZ, the Real Estate Market Scenario is different in Hosur.

The old industries are profit making Automobile and EOU's and they are well settled and expanding.

The New Projects like GMR Multiproduct SEZ in 3000 acres, IT park in 1000 acres, Sipcot ph2 Expansion in 300 acres ( Kansai Nerolac, TEREX, WEG, FIRST BABY WEAR Export garments, 3 Granite EOU,  ) and SIPCOT Indusrtrial complex 5000 acres in Shoolagiri, Bio tech in 300 acres, Best & Crompton Textile SEZ in 300 acres are of Different Categories which will help the growth of Hosur.

Rental value is shooting up to the sky. Commercial complex rents starts from Rs.20 to Rs.50 and housing rental starts from Rs.5 to 7 per sq.ft.

Posted on 19 Aug 2008 by lakman

 
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