Invest in Tumkur, Real Estate Investments, Prop Headlines

Focus Investor November 4, 2021 No Comments admin

Invest in Tumkur : Real Estate Investments, Prop Headlines : Tumakuru (Tumkur) with its land banks of 9800 acres is on the fast track to development. Niche and specific infrastructure implementation across sectors like food, textile and small industries are on the rise providing ample investment opportunities. It is famous for the cultivation of hybrids in paddy, and the region also grows flowers like aster, crossandra, jasmine, and chrysanthemum. There is a dedicated flower market at Badavanahalli. Rice mills, coir industries and oil extraction mills are the other major agro-based industries in the region. The district has a thrust on textiles with a proposed textile park in the pipeline. Tumakuru is strategically located at the centre of fast-growing domestic car markets in Gujarat, Maharashtra and Tamil Nadu.

Tumakuru…has magnificent temples, majestic forts and scenic splendor; each narrating stories of divine grace. According to Hindu mythology, it is believed that Lord Rama and his wife Sita rested at this place on their way back from Lanka. Being a land of countryside dotted with beautiful and majestic temples , makes it …. Land with primordial grandeur .

Introduction ( Reasons to Invest in Tumkur )

► One of the important district in Karnataka situated about 70 km to the north-west of Bengaluru.

► Divided into 10 Talukas – Tumakuru,Koratagere, Sira, Gubbi, Pavagada,Turuvekere, Kunigal, Madhugiri, Tiptur & Chikkanayakanahalli

► District carries substantial significance in history – Kingdom of great empires like Hoysala, Vijayanagara, Mughals and Marathas

► The district witnessed early stages of the railways system through construction of Bangalore City-Tumkur-Gubbi railway track in 1884

► Rich in Iron ore resources

► Place of renowned temples like – Siddhaganga Mutt, Gangadhareshwara temple, Siddhalingeswara temple, temple of Narasimha , Channarayana Durga , Devarayana Durga,, Namadha Chilume etc

Economy :

► GDDP is INR 35,879 Crore in the year 2014 -15 (at Current Prices)

► Per capita annual income in the district is INR 1,17,283 for the year 2014-15

► Urbanisation in the district is 22% compared to 39% in the state

► It has the potential to be the satellite city to decongest the state capital Bengaluru

► Some of the potential industries in the district are agri business & food processing, textile, machine tools, electronics etc.

Industry Profile : Invest in Tumkur

41 Large and Medium Scale Industries with an aggregated investment of INR 3357.58 crores

► 28789 registered MSMEs in the district, with an employment of 1,66,980 people, and investments (2016-2017) of INR 68855.52 Lakhs

► There is a significant presence of Agro based, Woolen, Silk & Artificial Thread based and wooden furniture manufacturing MSMEs in the district

Agri and Food industries :

• 100 Acres existing Food park by Integrated Food Park Private Ltd.

• Establishment of Markonahalli fish seed farm

• Major agro based industries are Rice mills, Coir industries and Oil extraction mills

•Establishment of Flower Auction Centres in Tumakuru with an investment of US $ 3.12 million (INR 15 crores)

Electronics

•Tumakuru has been identified as part of Electronics Manufacturing Cluster

• Tumakur electronic cluster is eligible for incentives Under M-SIP (Modified Special Incentive Package)

Textile

Readymade Garments Zone

•Handloom Cluster in the district

•Proposed Textile Park

•Proposed Apparel Zone

•500 acres acquired and reserved for textile industry at Sira Industrial Area

Machine Tools

• India’s Integrated machine tool park in the district at a cost of Rs 447 crore. This 542 acre park is joint venture between Central and state government with grant of Rs 125 crore from centre

•Employment opportunity to 4000

Key Players

► Heidel Berg Cement India Ltd.

► System Consultant Information india (P) Ltd.

► Sunvik Steel Pvt. Ltd.

► Mann & Hummen Filter Pvt Ltd.

► TTP Technologies

► Visaka Industries

► KAR mobiles Ltd.

► STI granite India Pvt. Ltd.

► CIPLA

► Murudeshwara Ceramics Limited

► H & R Johnson India Ltd.

► Beloor Bayir Biotech Ltd.

► Wiennerberger Brick Industry

► Indo Swiss Antishock Ltd

► Kirloskar Electrical Ltd

► Kern Liebers Pvt. Ltd.

► Wipro Ltd.

► Maini Granite

► M/s. Vahini Irrigation Pvt Ltd.,

► Ankit Bio Fuels L.L.P

Industrial Infrastructure

7 Industrial Areas

Antharasanhalli Phase I : 208 Acres

Antharasanhalli Phase II : 256 Acres

Hirehalli : 160 Acres

Kunigal I/II : 113 Acres

Satyamangala : 56 Acres

Vasanthnarsapura : 782 Acres

Vasanthnarsapura II/III : 1,435 Acres

7 Industrial Estates

Tumakuru : 15.85 Acres

Hirehalli : 5.35 Acres

Sira : 4 Acres

Tiptur : 10 Acres

Kunigal : 8.10 Acres

Madhugiri : 6.37 Acres

Antharasanhalli : 16 Acres

Other Infrastructure development

► Land bank of 9800 acres

► Four Proposed Industrial Areas – Sira, Vasanthanarasapura, Tiptur and Kunigal

► Proposed Parks – Food Park, Machine tool and Textile Park

► National Investment & Manufacturing Zone (NIMZ) to be developed at Vasanthanarasapura in Tumakuru and Sira Talukas, Tumakuru District

► 14,191 acres of land identified with total cost of Rs 13,543 crore

► Potential sectors- Electronics, auto components, food processing

► India’s first integrated machine tool park industry has been earmarked in NIMZ, Tumakuru

► Development of World Class Japanese Industrial Township at phase-3 in NIMZ, Tumakuru

Infrastructure & Resources

Land : Tumakuru has a total land area of 10, 64,755 ha. It has 4% forest cover, 15% uncultivated land and 35% remaining land. Land Bank Availability: 1385 acres

Water : With no perennial rivers flowing through the region, the minor rivers originate from watersheds and empty into the reservoirs and tanks. However, plans to irrigate from neighbouring rivers are in the works.

Power : Bengaluru (Bangalore) Electricity Supply Company Ltd. (BESCOM) supplies electricity to the region. Tumakuru has an average annual consumption of 1826.08 LU (domestic) and 2456.07 LU (industrial).

Natural Resources : It has natural resources like manganese, limestone, iron ore, dolomite, granite and silver sand.

Human Resources : Several leading educational institutes like Tumkur University, Sri Siddaganga Group of Educational Institutions, Sri Siddhartha Group of Educational Institutions, and Sarvodaya Group of Educational Institutions are present in the region.

Connectivity : Two international and two domestic airports ensure high accessibility to the region. The Bengaluru – Mumbai – Pune railway line passes through the district and enables connectivity to all major cities in India. Three National Highways NH4 NH 48 and NH 206 provide road connectivity and Goa, Karwar, Mangaluru and Chennai provide port access.

Living in Tumakuru : Temperatures in Tumakuru vary between 12 degree celsius and 34 degree celsius. The district has all the basic amenities and provides excellent access to resources.

Healthcare :

160 Allopathic Hospitals

5 Indian System of Medicine Hospitals

99 Private Hospitals and Nursing Homes

4 Community Health Centres

146 Primary Health Centres

Education :

748 High Schools

217 PU Colleges

70 Degree Colleges

15 Polytechnic Colleges

5 Medical Colleges

8 Engineering Colleges

Support Infrastructure

► Bengaluru- Pune – Mumbai railway line passes through Tumakuru district

► Tumakuru – Davanagere, Tumakuru – Rayadurga rail projects land acquisition process is in progress

► NH 4 connecting Bengaluru and Pune, passes through Tumakuru and Sira town in the District

► NH 48 connecting Bengaluru and Mangaluru passes through Kunigal town in the district

► NH 206 connecting Bengaluru and Honnavar passes through Tumakuru, gubbi and Tiptur towns in the district

► KIA is at a distance of 87 kms from the district headquarters

► Other airports within 300 km include Mysuru, Magaluru and Hubballi

► Nearest seaport is Mangaluru, 323 kms away.

► Other seaports include Chennai, Karwar and Goa.

► The source of existing water supply scheme is Hemavathy canal (total capacity 80 MLD) which is surface source

► The Hemavathy project is expected to irrigate 2,37,000 acre of land in the district. There are 2,232 tanks & 1,21,245 tube wells in the district irrigating 1,46,072 hectares of land (2014-15)

Projects in the Pipeline : Invest in Tumkur

Agri Infrastructure

►Development of modern abattoir for sheep and goat by Karnataka Sheep and Wool Development- INR 26 crores

IT Services

►Development of Smart Governance and Quality Service Delivery – INR 181 crores

Urban Infrastructure

►Citizen driven integrated waste management in Tumakuru city – INR 6 crores

►Smart City Mission in Karnataka

►Upgradation of government hospitals to multispeciality hospitals – INR 158 crores

►Decentralisation of facilities for mixed use development – INR 20 crores

►Integrated water and wastewater management, Smart metering- INR 153 crores

►Integration of Educational Institutions as Partners in Development – INR 96 crores