Could you tell me the best location for starting a new school in Chennai?

[Agarwal]

Could you please tell me the best location for me to start a CBSE school?

[sanjeevi]

   you need to do market survey  to consider the affordability in the various neighbourhoods.
   You will have to consider the cost of a DTCP or CMDA approved land.
   You need to examine the transportation facilties
   You need to consider the existing schools in the neighbourhood.

   All the above information will have to be gathered after careful research which costs money.

[Rajeswari]

 I think Pallikaranai seems to be one of the good locations for starting a CBSE school but the cost of land is around 70 lakhs per ground. Even if you buy  2 acres which is 36 grounds you will have to pay enormous money. These days  without owning land one cannot start schools.

[Fathima]

I would like to know how about Madhavaram  as I do not find one there so far. Buut the land cost is expensive there too.

[sanjeevi]

  What you can do is to find 5 acres of land in the suburbs like Mylam, Thindivanam still in the process of approval so that the  cost  is cheaper and you could start a residential school. The reason is it is close to Pondichery .

[Murugesan]

How about ECR beyond VGP? I don't remember seeing any school there. But I am afraid the price will be horribly high. 

[Surinder]

 How to raise such big money to start a school. They say one must have minimum 15 crores .Is that so? Their calculation is land cost is 7.5 crores for 3 or 4 acres and then infrastructure etc. What do you say?

[sanjeevi]

 You must engage a  professional and prepare a business plan. Your business plan must indicate your genuine passion for investing in Education. You must be detailed -oriented to account for the money required. Your projections must be realistic enough to predict
profit generation within 5 years. There can be no exaggeration. If that were , I am sure you can approach sponsors. There are many
waiting to invest their money on Education.   

[Marimuthu]

  There are lot of guys out there who want to turn black into gold, lot of companies who want to obtain tax exemption through
  corporate social responsibility by running a trust. There are madathipathis who wish to start schools. There are NRI's , Doctors
  who have   made themselves rich and you can go on and on who have the money. But it is a big question how many of them
  are really interested in educating our children....very very few maybe. If you get caught in the hands of the unscruplous entrpreneurs
  you will be finished. It is not just the money you need. You need a humanbeing committed to the cause of society. 

[Karuppiah]

   Yes...Mr.Marimuthu's comments are very true. In our country Education is taken over by the business community and some mafia groups.If you trace the history of our so called entrepreneurs...it may stink. What  and who and where were they all before ?

[Shantha]

  I  wonder how so many of these entrpreneurs could have bought so much land in the best locations They are all now on main roads.
  Some had connections. Others  had money coming from unusual sources. But did they all legitinmately buy these lands or just took over purampokje lands.? In the olden times the Christian  churches went on buying hundreds of acres to start schools and colleges which are the prime properties today. One has to be born with the skills of amassing wealth without  deserving  it.

[Mariappan]

  Nowadays, big real estate developers allot land to popular schools so that their housing complexes could sell. DLF has given space to
  Padmaseshadri on OMR and Hirandani has its own on OMR. However, I think such locations will be still good as long as the existing schools do not object which is a mandate according to State Board schools and CBSE also. If you look at the price of land within the suburbs of Chennai, it is impossible for anyone to start schools.If the government brings up any strict rules against donations the school business will be out .

[Mahalingam]

     When you are starting a new school with not enough funds , the location is very very important  as parents cannot transport their children to distant places in peak hour traffic and congestion. Even of there were school buses the physical Journey would tirew the kids out. Still if the parentsare willing to overcome these troubles, they would demand good infrastructure and expect the school to have history or brand.There is  practically no land in the city today. All lands are full If you move towards OMR or oorAGADAM..THE PRICE IS GETTING CRAZY. SOME ENGINEERING COLLEGES have qacquired vast stretch of lands ...god alone knows how.

So..if you wish to start a school go to an expert. I feel even this website owner  seems to be sensible guy.

[ramaiah]

Sir,
I   came across a school for sale near Kodampakkam on1 ground with 300 students for  a price of Rs.4 crores. is it worth it?

[prithiviraj]

 But what can anyone do on one ground? No expansion possibilties. Future licensing issues. Matriculation schools are a problem. Sellers may say so many things but there are lot of problems inside. Unless you stop running the school you cannot
have real estate value also. Most of such schools have found themselves in soup managing the fee issue and getting good teachers.