r/ErodeHub

One day Trek near udumalpet

I am looking for spritual places to explore.

I already know sennimalai and thindal murugan temple. Is there any other spritual places I need to visit?

Guys, Erode la endha supermarket nalla irkum? Frozen meat enga enga kedaikum? konjo nalla groceries section irka madhiri recommend panunga..
Thanks in Advance🙌🏽

Is there a decent walking/jogging spot near Thindal? Right now Perundurai Road seems to be the only option, but the speeding vehicles at 5 AM makes it scary, especially for senior citizens. And there are so many stray dogs. Are there any other decent and safe options? Do any of the colleges like Vellalar allow the general public to use their playground?

Would investing ₹5 lakh in my friends’ ₹2 crore bar business be a good idea?

I’m currently working a full-time job and a few of my friends are planning to open a bar/restaurant.

The estimated total investment for the business is around ₹2 crore, and they have asked me to invest ₹5 lakh.

I’m considering it because I trust my friends, but I’m trying to look at this purely from an investment perspective rather than emotionally.

My situation:

- Total project cost: ~₹2 crore

- My investment: ₹5 lakh

- I will continue working in my current job

- I will not be involved in the day-to-day operations

- The business will be operated by my friends

- I would receive an agreed ownership/profit-sharing percentage

My main questions:

1. Is investing ₹5 lakh in a bar business while continuing my job a sensible investment?

2. What percentage ownership would be reasonable for a ₹5 lakh investment in a ₹2 crore project?

3. What should I verify before investing — financial projections, licenses, rent, liquor license, break-even, expected monthly revenue/profit, etc.?

4. What legal agreement should I have with my friends to protect my investment?

5. What are the biggest risks in this type of business that a passive investor usually misses?

6. Would you personally invest ₹5 lakh in this situation, or would you put the money into mutual funds/equity/debt investments instead?

7. If the business fails, how should the investor's liability be structured so I don't become responsible for additional losses or loans?

I'm particularly interested in hearing from people who have actually invested in or operated bars/restaurants in erode

What would you do if you were in my position?

Hello everyone,

I'm new to Erode, living in Thindal. What are some of the best places here? Like restaurants, for shopping, theatres, etc... that are not that expensive?

Hi all,

I'm a working bachelor looking for a furnished (or semi-furnished) 1BHK or 2BHK to rent, ideally close to the erode bus stand for easy commute.

Requirements:

1BHK or 2BHK

Furnished/semi-furnished preferred (bed, wardrobe, kitchen basics at minimum)

Walking distance or short ride from bus stand

I'm ready to occupy the house this week.