Tuesday, August 9, 2011

GOLD- The best investment for Every class

Be it middle class, working class or the Privileged, traditional way of indian family investment always remained gold.

Let it be marriage, birthday or any other function, gold in affordable amounts is stand fast rule in every family. Once the control on gold import was removed in 1990s, the amount of gold purchase per family increased manifold

People use it as an family investment option for generation to come. Believe me, gold has yielded 28-30% value appreciation annually in the past 4 years. Compare it with savings account interest of 3.5% and FD interest 7 to 9%.

Now coming to our Chittoor, we have an advantage of getting gold at chennai prices which is a min 200 Rs less than AP price. Gold buisiness has picked up in chittoor in past 3 years. There are around 70 small and big goldshops in chittoor which do buisiness of 30-40 lakhs on an average day and touch 1 crore during festival and marriage seasons.

A general shift from traditional goldsmiths shops to corporate hallmarked gold showrooms is happening. This started with Chandana ramesh and Joyalukkas. Local showrooms like OVC, are also ramping up to catchup  the trend.

As of today Joyalukkas is the largest showroom with widest collection. Lets see what follows

20 comments:

  1. Do you see the current cable telephone wires etc etc hanging in the photo above. Its what the condition even in the busiest roads in ctr. Its worse in Church st and Bazar st where this wires touch the buildings from first floor in every other building.

    Just getting the corporation tag is not enough. Lot needs to be done from gross root level

    ReplyDelete
  2. Nice to see hichittoor is writing about "what's happening in chittoor".

    ReplyDelete
  3. Hi anon,
    Thanks. hi chittoor is everything for chittoor. thats why i call it MANACHITTOOR.

    Keep writing ur comments

    ReplyDelete
  4. Anti corruption activist Anna hazare is being targeted by the government,his records in the Army were being checked and people sent to his village in Maharashtra to check on his organisation.

    All he wants is a strong lokpall bill and not hundreds of crores in swiss banks. The present govt which is already tarnished with scams is shamelessly targeting him
    I request all chittoreans to support anti corruption movement

    ReplyDelete
  5. Sure,Sri we shall & we would.One cant find a person alive with out a flaw.Not only SG,Cong supremo said being pious(pure)is not possible,now a days.Even Mahathma had been afflicted,even he wasnt without an opposition/group.

    Message : What is the expected time period with in which the "CHITTOOR - NENGALI" rail route survey supposed to be completed
    Registration Id : '1009300029' Time stamp : 2010-09-30 12:46:32.0

    S.No ActionTaken
    1 Survey is in progress. This survey between chittoor & Nangli is under the purview of South Western Railway.

    If am not scanning for spelling /vocabulary spills here,As KPD - CTR comes Under SCR,CTR -NNGL will be under SWR.Hope the survey completes quick,the work kickstarts,to meet the BLR - KDP line,

    Message : Sir,please look into running MEMU service between katpadi and dharmavaram route.,on which much expenditure is put out, yet to make full utility of.
    Registration Id : '1107250014' Time stamp : 2011-07-25 14:15:23.0

    S.No ActionTaken
    1 Since section is not electrified it is not feasible at present to run a MEMU train.


    Message : With reference to 1107250014,how are the chances of running a DEMU in that route,then.
    Registration Id : '1108030033' Time stamp : 2011-08-03 12:35:35.0

    S.No ActionTaken
    1 Your request will be examined.

    ReplyDelete
  6. Thirumalai,Thiruppathi,Renigunta,Thiruttani,Now Velur Mavattam(dt)…all these are…names of the films released in tamil over the recent years.Can we expect CHITTOOR named movie made in Kolly Wood soon,,,,

    One movie,as am aware abt,Dir. Sankar Produced movie named Kalluri(Kalasala -Telugu Version) had the context of CTR in its climax.


    Through media got to know GDN,mla demanding for GADA,satirically,on the lines of PADA.Instead,She can look into having two –three major double roads to be laid ,connecting her constituency with other constituencies,other imp points of TN,

    1) Pakala – Uthukottai,… via P.kothakota,Godugu Chinta,Adivi Palli,Sanyasi Palli,Pedakanti Palli,GDN,Thoogundram,Balija Kandriga –Nochili,Maddur,PonPadi, Sivaada,Vijayapuram,Athur,Sivagiri,Nagala Puram….

    2) Pachika Pallam – Ponnai,Via Chavatagunta,Devalam Pet,Kotha Palli Mitta,Thoogundram

    3) Pala Samudram – Vanadurga Puram(only 6kms apart, now its buses cirumferate upto 15kms or so,,

    4) Rani Pet – Sri Ranga Raja Puram/Pullur, Via Lalapet,Paivalasa,Mahankalika Puram,Pala Samudram etc..

    5) Palli Pat – Penumur.:Via Mudi kuppam,Venkata Puram,Allamadugu,Devara Gudi Palli,Gunti Palli…

    Roads provide access and transport to villages to the constituency HQ,Also new industries to come up on..


    JMC,one of the best road layers of CTR,doing it swift,BLPS road from Nelavoy (38km) – GDN(10km) strip on CTR –PTR high road,looks completed (without marking),It would complete well within the stipulated time.

    ReplyDelete
  7. hi praveen, thanks for info. But the road work from thana to estate is still not started. It is vital for ctr because it will force ctr corporation to widen road from estate to overbridge which is good for traffic and development.

    ReplyDelete
  8. Yes, you are true, the Qlaning of all principal roads,within the city limits and providing city bus services,is the major thing to be done after Corporatinisation,
    Qlaning is yet to start as on date CPH road.

    A ROB @ Masonics(double lane),Qlaning the ROB @ RTC should be given prime importance…

    Those Centres which are chaotic in the city should be regulated to allow smooth traffic movement by providing subways at all imp Circles of the city.
    Shifting MBS,

    The space at Collectors Bungalow,District Police Office,Old Collectorate should be utilized for construction of Multistoreyed complex,(as we have at Collectorate),meeting all the needs of office space for Dt,RD.Md, level offices etc..


    All know how much space in the city goes unused which is been allotted for police welfare,especially @MTR,Top Lane.Neither Self utilized nor converted into commercial purposes,on lease basis atleast….

    Read, that Mud roads are to be developed soon,two roads I know in proximity to ctr.
    1) Thenebanda – Cherlo Palli
    2) Chintalagunta – Kammathimma Palli ,Via Thazambedu,197 Ramapuram,,,,should get the benefit of ,,,,

    ReplyDelete
  9. how abt the main complex near gandhi statue (popular shoe ) they said they are going to contruct a multi level complex with under ground parking how far did this come any idea??

    and thanks praveen for useful updates

    ReplyDelete
  10. Its pleasure to share what ever info I could gather n tip off to CTRians far and away.Wish to share much more info…

    I am glad to see how the TN municipalities,website is well archived and maintained
    http://municipality.tn.gov.in/

    I have details abt only a few municipal corps of AP,,,Even it doesnt have a proper website dedicated for this,,,,

    Regarding that Municipal complex which is planned at Gandhi Circle,its yet to start. Up. Still one show room awaiting to be demolished,in that present building.

    We have that circle which is pretty narrow, no need for such a complex,,there,keeping the rate of traffic to be raised in forthcoming years .Also the spot would be apt for centenary clock to set up at.

    Complete PK St, half of the DPO should be taken to vehicular movement,unless,we cant see the traffic problem to be resolved, In turn DPO can get some spacious piece of land,with in city limits…

    Happy Centenary year for Municipal High School.,GPT..Congrats for all the Students n teachers who are n were associated with it.

    ReplyDelete
  11. Hi praveen,
    Congrats on your commitment to ctr and all the sorrounding places u r writing. I used to wonder wether there are any chittooreans really love chittoor and hope for its development. then got in touch with this blog which made me realise there are 100s like us who are manachittooreans.

    Thanks to venkatesh for this. Let us first start thinking about change which is sure to follow

    ReplyDelete
  12. Thanx for all who have comeout to congratulate n who have thought to congratulate in their minds..

    I could only realize what we were pledging in those prayer sessions of our school days,only after I got into the 11/12th std.”in their well being and Prosperity alone lies my happiness”..of ctr….if cant yearn for entire nation/

    Not long abt where people of other dts,soon would hover into ctr and surrounding areas for various reasons,(part of globalization),then many of us would come to know what are the areas,places we have near by.

    We have many interesting /funny names if u have the interest to look into ..
    1) Chali Cheemala palli : Narahari pet to Ponnai route,close to kammathimma palli…
    2) Manchi Neella Gunta : Bhakara Narasinga Rayani Pet to 197,Rama Puram Near Naragallu..(heard similar named place exists near tiruttani ,as Nanneer Kulam)…
    3) Kukkala Palli :all would be aware abt this on NH4,next to Variga Palli,
    4) we have Dakshina Bramhana Palli near Bomma Samudram off NH4,in the southern direction…and Uttara Bramhana Palli near Thavanam Palli.,in the North west direction.
    One of the persons,from UBP,petitioned PIL to remove encroachments, near UBP which comes on Aragonda(Ardhagiri) –Kanipakam route..

    At the same time,I would thank this person,who has come out with the concept of blogging abt ctr,prior to which many of us thinking”is there any one interested in ctr at all,.”.He gave a picture/presentation format bringing out his emotions/feelings for ctr,,
    Seems hes more disciplined in his act.

    ReplyDelete
  13. chittoor develops only if present mla changes

    ReplyDelete
  14. people in chittoor are cowards they cannot claim their rights even for themselves they just ignore all the times even they themselves get robbed by others

    ReplyDelete
  15. there is one and only main reason why chittoor is not developed for years it is just because there is no unity and awareness in the people about politics,in chittoor politics is nothing but a dictatorship.one who takes gun,knife,rod,e.t.c e.t.c and one who takes law to hand can rule chittoor and people of chittoor get surrendered to him as if he is a king.

    ReplyDelete
  16. can any body dare to stand as an independent candidate during elections i know the quick answer from anyone of chittoor people is no..............? if at all anybody dares to participate i elections what will happen will that person vote for himself?does it not mean how fearful we are how frightened life chittoor people are leading this itself is enough to state the chittoor range then why you all people are worrying more about chittoor its waste of time

    ReplyDelete
  17. change will not come from the present politicians but it should come in the people living in chittoor they should revolt against problems and awareness must come in every one and all must get united in questioning about the problems with the politicians.until this chittoor will wont change even 1%.i dono why this people are this much fearful just for a human being who is caled MLA.

    ReplyDelete
  18. @ Anoy: I agree with all your views. But even U R not expressing views openly... That is the situation today....

    ReplyDelete
  19. Hi there..

    Prakash,the anon who commented 4 times around a single time,is again ctrian,whos frightened to comeout,under mask,.

    Every body knows whats happening /happened at the ground.Dont blame someone in particular everything happened was an output of the both the parties involved.Lets speak, think,try to do some thing positive,to blow in a fresh air,what can be done,what could be possible.We are blessed with this latest technology web n facebook/twitter which was not available over a decade before or so.


    Looking at this,though the 125+yr municipal town-TPT,(4yr old corp),146 yr old town –VLR (3yr old corp)got corporationsed earlier,all these two are going to face first time the corp,elections..along with this 95+yr old Municipal town,ctr(sandwich town)…See how lucky we get the status/honour.(don’t compare with kdp),in a short time.

    VLR is to face elections with close 5.6lakh (rough estimate),89odd sq,kms,60division,..
    TPT in the vest to become greater may reach close to that figure (around5 lakhs)..

    http://www.skyscrapercity.com/showthread.php%3Ft%3D941060%26page%3D8 –
    http://www.citypopulation.de/India-TamilNadu.html

    http://www.citypopulation.de/India-AndhraPradesh.html

    Last june ’10,ctr was selected under Rajiv Awaas Yojana(RAY),but donno whats happening with that on date,

    Nasty to see all those ST people,(bird catchers)worsening the cleanliness in the MBS,Cant they be shifted to n accommodated at a better place.Either municipality or Dt authorities can look into constructing house holds for them,.Also we find encroachments around that Thazhambedu road,,, its time to widen the road,shifting them onto another area.

    ReplyDelete
  20. Its easy to talk, and one more thing, people in village move to town, town people move to city,City people to abroad. Now in chittoor lot of migrated people from village live there. They can't speak much.What chittoor people require is awareness, some oneneeds to educate them and tell them fundamental rights. Right to Information act is a great weapon people in india have. They should use it effectively for the development of chittoor.we can see the change in chittoor development activities after 10 years only. From my end i will do my best for chittoor. We should form a support group and take it step by step for the development of chittoor

    ReplyDelete

Your comments will be moderated. Keep the discussions healthy and useful to others. Desist from unwarranted criticism, foul language and rude comments.