Swampy roads in Trichy impact property value badly – ET RealEstate

TRICHY: The poor condition of a few residential roads in Trichy city has started affecting the property value in the corresponding. Citing the poor conditions of roads, which were dug for underground drainage (UGD) and drinking water projects, property owners find it difficult to find tenants even after reducing the rental value.

For the past two years, work on UGD and drinking water projects are continuing in the added wards covering parts of Thiruverumbur falling under Ponmalai zone. As the recent rainfall has made the roads swampy, the property owners in the area claimed that they struggle to find tenants for the vacant houses.

“Due to the bad roads, a private bank functioning at a house has moved out. The bad approach roads are a spoiler for residents who are looking for renting or leasing out their houses,” Sathik Basha, a resident of Thiruverumbur, said. Several houses remain unoccupied for months in Amman Nagar, SAS Nagar and Gokula Nagar falling under ward 63 in Kattur on the Trichy-Thanjavur NH.

The property owners who were forced to reduce the house rent due to the pandemic had to further slash the rent owing to the bad condition of approach roads, residents at Thiruverumbur said. Residents said that the civic body has been ignoring their demands to lay a temporary road using gravel mixture.

The restoration work is one of the mandatory components in the contract signed between Trichy Corporation and the private contractor in executing the work. Although installation of pipelines is complete in Thiruverumbur, the damaged roads are yet to be repaired.

“We have sanctioned Rs 40 lakh for repairing the roads, the residential roads in Thiruverumbur will be covered under the maintenance work,” a senior corporation official said.

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