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Ironwood Tree  (Memecylon umbellatum)  Family: Melastomataceae (Photos By A. Rajan).

This tree is not only beautiful, but also useful. It provides hard timber used for building houses and boats. A yellow dye can be extracted from the leaves and the bark is used to treat bruises. Ref: http://www.flowersofindia.net/catalog/slides/Ironwood%20Tree.html