A Korean ‘township’ coming up in Anantapur

Builders cash in on rising accommodation needs of KIA Motors officials

January 06, 2018 12:34 am | Updated 12:34 am IST - ANANTAPUR

Apartments up for sale for South Korean nationals in Anantapur.

Apartments up for sale for South Korean nationals in Anantapur.

A “mini South Korean township” is coming up in Anantapur town, about 60 km from the under-construction automobile manufacturing facility of South Korean car major, KIA Motors, near Penukonda.

With the work on the KIA factory on the outskirts of Penukonda going on at a fast pace, the arrival of Korean nationals to oversee the work at the site has increased, and so has the demand for accommodation. Signboards in Korean language have sprung up offering such lodging.

“We have no suitable facilities here for foreigners, especially senior and middle management of KIA. Penukonda doesn’t offer good accommodation choices, and the offices at the construction site aren’t good enough to house them,” said a senior Indian official of KIA who did not wish to be identified.

In the initial days, officials were put up in guest houses, government and private, at Puttaparthy and Anantapur. But with more South Korean nationals coming, builders with constructed buildings on the outskirts of Anantapur started to offer apartment complexes as guest houses.

“We cashed in on the opportunity of housing the Korean nationals who would eventually want to bring their families and settle down close to the factory and the nearest city. We then started our new venture at Ramnagar and decided to even advertise in the Korean language,” said Prashant Mallem, who even employed a Korean national as a facilitator-cum-marketing agent for his apartments.

It is estimated that 30 flats on the outskirts have been bought and occupied by Korean nationals, while almost a similar number have booked apartments.

“Once the assembly line installation starts, a lot of South Koreans will be at work and need accommodation for a few months at least,” said Sung Min, a South Korean national, who works with a builder in Anantapur.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.