The new life style which Chennai City is adopting
A satellite town or satellite city is a concept in urban planning that refers essentially to smaller metropolitan areas which are located somewhat near to, but are mostly independent of, larger metropolitan areas.
These are generally with following characteristics
- predate that metropolis’ suburban expansion
- Are at least partially independent from that metropolis economically and socially
- Are physically separated from the metropolis by rural territory or by a major geographic barrier such as a large river; satellite cities should have their own independent urbanized area, or equivalent
- Have their own bedroom communities.
- Have a traditional downtown surrounded by traditional “inner city” neighborhoods
- May or may not be counted as part of the large metropolis’ combined statistical Area
In recent times there is people have started adopting this new life style. Here is a story which gives more details of the same.
|Reporter to Camera||With a view to ease out the congesting city, the Chennai Metropolitan Development Authority (CMDA) has come up with an idea of developing satellite towns around the city, in its draft for second Master Plan.|
|Video of Marg Group Constructions||In 2003-04 land prices on the OMR have risen more than 40 per cent. In Shollinganallur, along the OMR, rates are approximately Rs 6.25 crore per hectare ($2471/sqm).|
|Video of a Builder Speaking||SOUND BYTE: CEO of Marg Group Constructions|
|Video of Lumbini Square||VOICE OVER: These satellite towns around Outer Ring Road (ORR), Old Mahabalipuram and Pursawalkam, would comprise of residential, commercial and industrial real estate. And keeping in mind the availability of vast tracts of unutilized land in these towns, there is a tremendous room for construction of new projects.
SOUND BYTE: From Bankers
|Video of Pushpadhruma||VOICE OVER: Upcoming satellite towns would be self-dependent and schools, healthcare centres, parks and shopping complexes will be constructed all around with erection of basic infrastructure like roads, electricity, and drinking water.
SOUND BYTE: From Buyers / Residents.
|Reporter to camera||Establishment of satellite towns always helps decongesting a city’s property markets. But, the intensity of investor and buyer interest depends upon the facilities provided by these townships. The real estate developers are all the way positive about these townships and feel that this is where the real potential for growth exists. Property brokers in Chennai also feel that new developments will revive investor interest in the city and the buying activities will catch up owing to the low price levels these townships would offer.|