Cochin highrises, pictures and projects - II

[KMC]

[QUOTE=pramodusnair;2684703]One more IT park in Kochi.........
JB group is holding discussions with LDf for establishing an IT park in Kochi.The IT park will come up in 3 years.
Manoramanews
http://manoramanews.manoramaonline.com/cgi-bin/MMOnline.dll/portal/ep/mmtvContentView.do?BV_ID=@@@&contentId=2156489&contentType=EDITORIAL&programId=1186580:banana:

Hi Pramod , I dont think this is a New IT park proposed . This was considered as an alternative to Smartcity . Now given the fact that TECOM may clinch the deal ,. I dont think JB will get a chance .
Old things
Still the renderings of Holiday Inn and Crown Plaza are missing . any Idea how many floors Crown Plaza is .

[ReNik]

One more IT park in Kochi.........
JB group is holding discussions with LDf for establishing an IT park in Kochi.The IT park will come up in 3 years.
Manoramanews
http://manoramanews.manoramaonline.com/cgi-bin/MMOnline.dll/portal/ep/mmtvContentView.do?BV_ID=@@@&contentId=2156489&contentType=EDITORIAL&programId=1186580:banana:

Hi Pramod , I dont think this is a New IT park proposed . This was considered as an alternative to Smartcity . Now given the fact that TECOM may clinch the deal ,. I dont think JB will get a chance .
Old things
Still the renderings of Holiday Inn and Crown Plaza are missing . any Idea how many floors Crown Plaza is .

KMC

There were several (about 12) who approached state govt. Not all of them may materialize as land has to be acquired by state for these proposals. But some will definitely come up. They
will come up as tie ups or even on their own. Lets wait and see.

Our young forumer viperpaul once promised to get the renderings. Hope he is able to get them.

Meanwhile here is progress of L&T Tejomaya
http://img329.imageshack.us/img329/4899/web2011rs4.jpg (http://imageshack.us) http://img90.imageshack.us/img90/3360/web202hi7.jpg (http://imageshack.us)

[viperpaul22]

Our young forumer viperpaul once promised to get the renderings. Hope he is able to get them.

I will post it in a week or so..he has promised me he'll get it..

[ReNik]

I will post it in a week or so..he has promised me he'll get it..

:cheers:

[ReNik]

Hi Pramod , I dont think this is a New IT park proposed . This was considered as an alternative to Smartcity . Now given the fact that TECOM may clinch the deal ,. I dont think JB will get a chance .
Old things
Still the renderings of Holiday Inn and Crown Plaza are missing . any Idea how many floors Crown Plaza is .

KMC,

I heard the proposal in news. It is a consortium of JB group, Infiniti and one more co.
They propose a park in 100 acres in 3 years at the Smart city area. I don't know the
details but DIC offer sounds compelling as there are written commitments on employment
generated etc. But if the consortium is persists with the project, it wont be difficult for
them to get 100 acres in the same area where they can start their project.

[KMC]

KMC,

I heard the proposal in news. It is a consortium of JB group, Infiniti and one more co.
They propose a park in 100 acres in 3 years at the Smart city area. I don't know the
details but DIC offer sounds compelling as there are written commitments on employment
generated etc. But if the consortium is persists with the project, it wont be difficult for
them to get 100 acres in the same area where they can start their project.

Its not feasible to have 2 Hi Tech parks in same area , am sure if Smart City is taken over by Tecom , JB will pull out , I read news that JB will not invest in Kochi in IT Park if Smart City happens . They may consider infrastructure , May be townships.

[ReNik]

Its not feasible to have 2 Hi Tech parks in same area , am sure if Smart City is taken over by Tecom , JB will pull out , I read news that JB will not invest in Kochi in IT Park if Smart City happens . They may consider infrastructure , May be townships.

Okay, I had read little about this news. So JB is only interested in Smart City. Probably
I missed the discussions here too. In your opinion, how is this group in contrast with TECOM ?

[devakj]

Achu Mama is trying to Woo Nissan now.. Wish he would concentrate his energy on clinching the TECOM Deal.

http://economictimes.indiatimes.com/News/News_By_Industry/Auto/Kerala_woos_Nissan_Motors_to_kick_off_operations/articleshow/1759616.cms

Anyway, he can recommend only Kochi since proximity to a big port would be required for any auto major..

[arkitecton]

Hope the fate of Kerala cities with infrastructure facilities would change by this venture..
The company is registered in KOchi..hope it would give atleast something for the city infrastructure...
read this ..Formation of InKel..
http://www.financialexpress.com/fe_full_story.php?content_id=157698

[bhasidali]

check out this..
http://www.greenvistas.net/frontend/Gallery_new.aspx

[pramodusnair]

JB Group’s Rs 1,500-cr IT project for Kochi

It’s a “head I win - tail I win” toss for Kochi. Enter $1.7-billion JB Group from Hong Kong to Kerala this week with a Rs 1,500-crore IT project, giving a dicey twist to Dubai Tecom drama dragging over $300-SmartCity in Kochi.JB Group has offered an IT city in Kochi on par with the Giga Space, that JB has set up in Pune. Against Dubai Tecom’s project offering 90,000 jobs in 10 years, the new entrants have offered one lakh jobs “within 36 months of signing the pact.”Total constructed area of the proposed project would be about seven million square feet.

Out of that five million square feet would be used for setting up enterprises engaged in IT and IT-Enabled Services (ITES) sectors.

The remaining two million square feet would be utilised for setting up other amenities like residential facilities, hotels and environment-friendly projects. The project would have own sewage treatment facilities and captive power generation facilities.

JB group's proposal is really mouthwatering.

But it's not necessarily exit Dubai-Tecom and its SmartCity project or vice versa, assures Gautam Kanjilal.

"We are not bargain-hunters," says Kartik Somaiah, Key Account Manager (Asia Pacific). Unlike in the Tecom case, even without bargaining, the new entrants have offered the state government 26% equity.

It was the study by ICICI properties identifying Kochi as the second top destination in high-end IT business that put JB Group on Kochi trail. "We'd been watching Kerala from 2001 and feel time is ripe to make our bid," says Kanjilal.``Ours is demand-driven project proposal and we would not be averse to the idea of setting up the IT Park in another area provided there was demand for a second project.''

The naysayers of smart city have been proved wrong.

[KMC]

JB Vs Tecom , a personal View

1.JB has given 26% straightaway bcoz they have no option but to match TECOM offer . So this cannot be Considered as a desciding Point .

2. They promised to build 5 Million Sqft for IT space ( Balance 2 million for Other facilities) in 3 Years and provide 100000 Jobs , Is it feasible to complete 5 Million Sqft space and provide 100000 Jobs in 3 years ???? Highly Doubtful- This would have been made to lure the govt.
But Tecom offers 9 Million Sqft of IT space and 100000 Jobs by the completion of project , Looks reasonable given the time frame .

3. There is a Valid point raised by Tecom about ownership ? Will IT companies prefer to invest if they had not been given ownership . JB has mentioned 99yr lease - Can they lure IT companies to Kerala without giving ownership – Doubtful. Because Biggies like Microsoft , IBM prefer own space rather than Leased.

4. Main point is Brand Name – Dubai Internet City has a Brand Name which IT companies look for , JB doesn’t have that .

5. JB group is basically Diamond Merchants , If I am right , They don’t have proven record in IT ( But for some parks in Pune)
6. They don’t have something called a Global Appeal , which Dubai Internet City has .

[KMC]

Cochin port road gets green light

Finally 4 Lane connectivity approved for Vallarpadam

Am sure now builders will start concentrating on that sector

http://economictimes.indiatimes.com/News/News_By_Industry/Transportation/Shipping__Transport/Cochin_port_road_gets_green_light/articleshow/1759856.cms

[ReNik]

Achu Mama is trying to Woo Nissan now.. Wish he would concentrate his energy on clinching the TECOM Deal.

http://economictimes.indiatimes.com/News/News_By_Industry/Auto/Kerala_woos_Nissan_Motors_to_kick_off_operations/articleshow/1759616.cms

Anyway, he can recommend only Kochi since proximity to a big port would be required for any auto major..


Okay, the news is not new per se. When BMW was in discussion with govt
Volkswagen, Audi and Nissan too had approached to set up plant in Kochi. All of them carried out site inspection too. What is new is that Nissan is still hopeful.

Hope the fate of Kerala cities with infrastructure facilities would change by this venture..
The company is registered in KOchi..hope it would give atleast something for the city infrastructure...
read this ..Formation of InKel..
http://www.financialexpress.com/fe_f...tent_id=157698

Kenny

The company is meant to create industrial infrastructure. The first project drawn up is a 500 acre
Electronics SEZ near Chottanikkara. This is important since recently there are many companies
that have approached for land in Kochi.(BPL had appoached govt
for land to set up a mobile manufacturing plant in Kochi).

check out this..
http://www.greenvistas.net/frontend/Gallery_new.aspx

Bhasid

This has been posted in part I. Do you have any info on Unitech SEZ at Kunnathunadu. Is the location
known exactly ?

[ReNik]

The 18 storeyed Olive Heights, Kadavantra launched a year ago
http://img139.imageshack.us/img139/6337/oliveheightuh3.jpg (http://imageshack.us)

looks better when completed
http://img340.imageshack.us/img340/1609/4202710164827d71863obt6.jpg (http://imageshack.us)
vlotoshnikov gallery

[ReNik]

JB Group’s Rs 1,500-cr IT project for Kochi

JB group's proposal is really mouthwatering.

The naysayers of smart city have been proved wrong.

Pramod, KMC

I heard the press conference of JB-Infiniti-ReGenesis consortium

They said 100,000 jobs directly and indirectly in 3 years. Also their plan is on 100 acres of land with 7 million built up space. There are pros and cons to this. The pros are that it takes less space and time. The IT built up space proposed will generate more than
60000 IT jobs.

Cons are as elaborated by KMC. They don't have the tag that TECOM has. Secondly
TECOM has a stronger clientele to rely on.
On other aspect I see is that DIC can also do things at a faster pace.

In the press conference, JB consortium pointed out that the demand-supply mismatch is
going to shoot thru roof in Kochi. So they are confident of generating the stated number
of jobs. These guys who have done market study has understood the boom that is awaiting Cochin.

Finally all these various proposals and hectic parleys have exhibited one thing, vividly - Cochin is the next
IT Metropolis of the South.

[DileepKS]

In the past year, a lot of land had been purchased by unknown people around the suburbs, extending from Vaikom to Perumbavoor to Angamaly. The general line of thinking was it was Terrorism/fake currency related.

It seems now that it was in fact by the big players. One of such areas is near Udayamperoor. Wouldn't be surprised if a mega project comes up there.

[pramodusnair]

Unitech's sez is in Village Kunnathunadu, Taluk Morkala Desam, Ernakulam, Kerala as per this govt site.The sez is on 27 acres of land and has been approved by the central govt.




http://farm1.static.flickr.com/133/421273943_d6031f4d56_o.jpg

http://sezindia.nic.in/Updated-statewise-list-of-Formal%20.pdf

Sez status has been accorded to smart city project which spans over a 1000 acres,parsvnath-77acres,TCG-25scres,port trust,CPT(vallarpadam,puthuvypeen) sez-1000acres,Infopark-100acres,KINFRA-electronics-32acres,Sutherland-25 acres etc.


A report from from realty consultancy firm chesterton meghraj on major ITES/IT hubs in India.
http://www.chestertonmeghraj.com/downloads/IT-ITES%20hubs%20in%20India_a%20Snapshot.pdf

[Deepak]

Maharajas college ground. Synthetic track work in progress...

http://img388.imageshack.us/img388/6012/maharajaszb5.jpg

[DileepKS]

Morakkala is between karimugal and kizhakkambalam, around 10km east of kakkanad.

[pramodusnair]

Kochi Metro Rail project on track
http://economictimes.indiatimes.com/News/News_By_Industry/Transportation/Shipping__Transport/Kochi_Metro_Rail_project_on_track/articleshow/1766630.cms

[ReNik]

In the past year, a lot of land had been purchased by unknown people around the suburbs, extending from Vaikom to Perumbavoor to Angamaly. The general line of thinking was it was Terrorism/fake currency related.

It seems now that it was in fact by the big players. One of such areas is near Udayamperoor. Wouldn't be surprised if a mega project comes up there.

Good point. Sobha has bought 100s of acres near Manjali (en route Paravur). This is
confirmed news from a local person. Unitech holds over 250 acres at Parakkadavu.
Actually Unitech has confirmed that it holds close to 700 acres in Kochi in their IPO
prospectus. Where are these lands ?

Meanwhile, KMC, Pramod,

I read in news that there is a distinct possibility of both JB consortium and TECOM
going ahead with their parks. See the quoted news below.
Neither JB nor DIC has made any demand that additional projects should not be promoted
in the area and DIC would certainly have taken into account the possibility of
competitors when it offered 90,000 jobs in 10 years.

What I feel is that Govt is likely to give go ahead to DIC first as they were the
first to approach and the deal has been clinched almost. Under this circumstances
if JB persists they may also get green signal. But expect JB to offer around 60,000 jobs
in return at best.


JB Group joins race for IT park

Staff Reporter

Company officials submit proposal to VS

THIRUVANANTHAPURAM: The JB Group of companies headquartered in Hong Kong has joined the race for setting up a Smart City IT Park project in Kochi, even while there are reports that discussions with the Dubai-based TECOM Group on the project are in the final stages.

...

Addressing a press conference here, the JB Group officials said they would be happy to set up their proposed IT park project in the Smart City Project area itself.

``Ours is demand-driven project proposal and we would not be averse to the idea of setting up the IT Park in another area provided there was demand for a second project.''

They said they proposed to the Chief Minister that the Group would be willing to take the 100 acres of land for the project on lease for 99 years, at the rate of Rs.85,000 a cent. So the total land cost would run into Rs.85 crore. The lease period could be extended on mutually agreeable terms to the Government and to the JB Group.

They said they offered to the Chief Minister that the State Government could have an equity participation of 26 per cent in the project.

Constructed area

Total constructed area of the proposed project would be about seven million square feet.

Out of that five million square feet would be used for setting up enterprises engaged in IT and IT-Enabled Services (ITES) sectors.

...

According to them, the project was proposed to attract an investment of Rs.1,500 crore and provide employment opportunities to about 100,000 people.

They claimed that the Chief Minister had responded favourably to their proposal and had asked them to submit a detailed plan. `'We hope to meet the Chief Minister again with a detailed plan within a fortnight.'' The hindu Story (http://www.hindu.com/2007/03/14/stories/2007031416070400.htm)





$1.7-bn JB packs a smart twist to Tecom Kochi tale
ECONOMY BUREAU - Fin. Xpress

THIRUVANANTHAPURAM, MARCH 13 : It's a "head I win - tail I win" toss for Kochi. Enter $1.7-billion JB Group from Hong Kong to Kerala this week with a Rs 1500-crore IT project, giving a dicey twist to Dubai Tecom drama dragging over $300-SmartCity in Kochi.

...

If the DPR (detailed project report) is accepted, we expect to sign the agreement straightaway, instead of dithering over the MoU, claims the Infiniti Consulting Corporation team.

But it's not necessarily exit Dubai-Tecom and its SmartCity project or vice versa, assures Gautam Kanjilal. We are not bargain-hunters," says Kartik Somaiah, Key Account Manager (Asia Pacific). Unlike in the Tecom case, even without bargaining, the new entrants have offered the state government 26% equity.

It was the study by ICICI properties identifying Kochi as the second top destination in high-end IT business that put JB Group on Kochi trail. "We'd been watching Kerala from 2001 and feel time is ripe to make our bid," says Kanjilal.
Fin Express story (http://www.financialexpress.com/fe_full_story.php?content_id=157715)

[SREEKUMAR]

Thiruvananthapuram, Mar 15: The proposed Metro Rail project to ease the traffic woes of Kochi city was progressing as per schedule, the Kerala Assembly was informed today.:whip:

The steps for implementation of the project was progressing well, State Minister in-charge of Railways M Vijayakumar said.

A special cell has been constituted with R Gangadharan Nair, a retired railway official, as its head to examine the progress of the project, he added while replying to a submission by Congress MLA K V Thomas.

[ReNik]

SA road West end
http://img175.imageshack.us/img175/4342/42027177160fac43e64oiu0.jpg (http://imageshack.us)
vlotoshnikov gallery

I can see vehicles still parked in the space meant for 4-laning the road.
Why is the road widening so slow here ? GCDA has entire area in its possession.
What is stopping it ? Is it the Valajambalam temple and a Church nearby ?

[JMen]

Source :http://www.mathrubhumi.com/php/newsFrm.php?news_id=1213427&n_type=HO

[KMC]

Too many crooks spoil the show . This is what is happening with our Smart City . Now that Muthoot also entered the scene , am sure decision will get delayed . Now with fresh rounds of discussion going on with JB , Muthoot , It is delaying the whole project . Ultimately we should not end up in a situation where we lost what we had in hand and didn’t get what was promised !!!!!

[ReNik]

http://img154.imageshack.us/img154/8864/smqj3.jpg (http://imageshack.us)

Well... now what ? Each of them is bettering on the previous guys offers.

I am sure TECOM will now agree to 99 year lease :) But then what about
these guys ? Will they want further discussions on the project ? Or for good,
will they go about with their projects on irrespective of TECOM.

Let me express my worst fears. A global tender !! It will just drag this project into months if done the conventional way.

Okay for now let's watch with fingers crossed.

[DileepKS]

I hate to say this, but Achumama was right on one aspect. A lot of other companies DID come up.

[ReNik]

I hate to say this, but Achumama was right on one aspect. A lot of other companies DID come up.

Yes, you are right. CM Achu has all the credits for a tough bargaining. But these companies did not approach the state govt then, so options were not so plenty. If what I hear from news is correct in coming days more players will approach with even better offers.

Muthoot offer is crispy and sound. They are precise that 8 million sqft will be built in 3 years and 80,000 jobs will be created.
JB's offer is not so luring as compared to this. Actually it is a tough fight between DIC and Muthoot. The plus point DIC has is
their high-brow clientele. But Muthoot certainly has gained confidence after selling out Technopolis to the four IT majors recently.
Given their bid, they are clearly aware of the whopping demand by IT majors for Kochi

Muthoot bids for Smart City-like project

Special Correspondent

THIRUVANANTHAPURAM: The Muthoot Pappachan Group has offered to take up a project on the lines of the Smart City in Kochi on terms seemingly better than those offered by the Dubai-based Dubai Technology and Free Zone Authority (TECOM), with whom the State Government is negotiating a joint-sector deal.

At a press conference here on Thursday, the group's director Thomas George Muthoot said the group would like the Government to give it 200 acres (about 80 hectares) of land in Kochi on lease for 99 years against a payment of Rs.180 crore as one-time lease. The group would offer the Government 26 per cent stakes in the project and create 14 million square feet of built-up space for IT industry, creating around 80,000 direct jobs within three years.

Mr. Muthoot said he had presented the proposal to Chief Minister V.S. Achuthanandan earlier in the day. "We found the Chief Minister very positive in his approach," he said.

The project, as envisaged by the group, will also have a non-processing area with a built-up space of six million square feet. This area will have a star hotel, residential apartments, a shopping mall and facilities for sports and recreation. The group hopes to achieve financial closure for the project within three months of the execution of the memorandum of understanding or agreement with the Government. The first phase of the project would be completed in 24 months from the date of the agreement, he said. Describing the group's credentials, Mr. George Muthoot said the group was the biggest private investor in the State, with its business spanning financial services, hospitality sector, automobile dealership and IT infrastructure. The `Technopolis' promoted by the group in Kochi has 3,55,000 square feet of built-up space occupied by leading IT companies such as Cognizant, Sutherland, Wipro and Williams Lea. He said that, in addition to the 26 per cent stakes to the State Government, the group would offer 23 per cent of the equity in the project to non-resident Keralites.The Hindu story (http://www.hindu.com/2007/03/16/stories/2007031614680400.htm)

[pramodusnair]

Offers are pouring in for smart city and delaying it indefinitely.Govt should make a decision soon irrespective of the new offers.The more the govt delay the project the harder it will be for the developer to sell the space(in smart city).There are similiar projects coming up in different states and they all will compete with smart city in selling space.The commies are delaying the project for no reason.

[pramodusnair]

Sant Chatwal to open 7-star hotel chain in India

We are doing the master planning for phase-I, which includes high-end 7-star hotels in major cities like Delhi/Noida, Mumbai and Bangalore and dream hotels in Kochi, Hyderabad and Chennai," he said.

Foundation stone for the first hotel would be laid in May this year in Kochi followed by other sites, he said.

has anybody seen the renderings?

[ReNik]

Sant Chatwal to open 7-star hotel chain in India



has anybody seen the renderings?

Pramod

Its Dreams Hotel. Isn't it ?

[ReNik]

Offers are pouring in for smart city and delaying it indefinitely.Govt should make a decision soon irrespective of the new offers.The more the govt delay the project the harder it will be for the developer to sell the space(in smart city).There are similiar projects coming up in different states and they all will compete with smart city in selling space.The commies are delaying the project for no reason.

The decision will be out in a day. See the story below from Pioneer. Its hard to take the correct decision now.
My guess is that Muthoot and/or JB consortium will go ahead irrespective of DIC getting the project. They have dropped
enough hints to that effect.
As it is if they have to match the employment offer they made, they will have to grow at great pace. In that event there
is scope for multiple SEZs. Let's see what unfolds.


A slew of corporate houses in bid for IT park in Kochi

Pioneer News Service | Thiruvananthapuram


Govt response to Tecom demand in two days

More and more corporate houses are bidding for contract to set up multi-billion-rupee IT facilities in Kochi.

...

However, a Government source said the LDF regime was acting cautiously on the various proposals for setting up an IT facility in Kochi in the contexts of suspicions arisen from various quarters that the sudden flood of proposals is aimed at derailing the prospects of the Tecom-promoted Smart City project. Read Pioneer full story (http://www.dailypioneer.com/indexn12.asp?main_variable=KOCHI&file_name=KOCHI7%2Etxt&counter_img=7)

[JMen]

Pramod

Its Dreams Hotel. Isn't it ?

Night View
http://img147.imageshack.us/img147/2374/dreamnightuw2.jpg (http://imageshack.us)

Source: www.ajitassociates.com

[pramodusnair]

Cool pic Jmen.

Renik,
I feel that dreams hotel by Ajit assoc and the one going to be built by Sant Singh Chatwal's HHR group are different .Ajit assocs has designed the hotel for Back water resorts while Chatwal's hotel chain is called Hampshire hotels ltd.I searched for renderings and details of the 5 star hotel proposed by Vijaya group but was unable to locate it.Also regarding the DD IT park(on ideadesign.org) , i think DD stands for desai developers(any takers).

[Deepak]

SA road West end


I can see vehicles still parked in the space meant for 4-laning the road.
Why is the road widening so slow here ? GCDA has entire area in its possession.
What is stopping it ? Is it the Valajambalam temple and a Church nearby ?


I had taken some snaps of this area...

http://img258.imageshack.us/img258/325/medicaltrust1bm2.jpg

[Deepak]

http://img388.imageshack.us/img388/3166/medicaltrust2cz3.jpg

[pramodusnair]

Deepak!!
Good effort.Medical trust building is huge but extrememly ugly and an eyesore, wonder when will they realise this and renovate or construct a new building in place of the existing one.With the kind of steep bills they charge from their customers they should have enough money to renovate it.Ant eh road is still in the same state as it was 2 years ago .
Deepak can you post a few snaps of the infopark campus(esp the new buildings of l&t,leela etc).

[Deepak]

Yeah, they should do renovation. When constructed in 1973, it was a prominent hospital building of state.It was the first hospital in state to do a cardiac transplantation and a kidney transplantation.I read somewhere that Medical Trust would start a medical collage soon...

[pramodusnair]

http://www.hindu.com/2007/03/17/stories/2007031720651100.htm

Meanwhile, the FACT has set aside about 1,000 acres at Ambalamugal for various projects in collaboration with the State Government.

The FACT official said 500 acres of land had been earmarked for an Information Technology park, while 100 acres had been set aside for a gypsum park. The FACT is also planning to build a defence products park on its land at Ambalamugal.

[KMC]

http://www.hindu.com/2007/03/17/stories/2007031720651100.htm

500 acre IT park , How many IT parks Kochi will accomodate , Its great going. Is this 500 acre land accessible from Seaport _ airport road . (near to smart city)

Muthoot Groups offer looks luring - 20 Million Sqft of Built Up Space . That is massive construction . Let us wait and see how Tecom reacts ..Once Smart City signed then there will be no looking back for Kochi. Many builders are waiting for govt to make orders on FAR , Once that is thru there will be hectic activites in Kochi. Prestige Marine drive project is almost sold out , out of 366 now only 96 remains , Is the piling over for this project .

Am sure prestige will come out with another mega one on Bye pass.

Any news on Purvankara - Oceanus Project .., Zoom Developers Exhibition centre , is this the 300 mtr building refered else where

[ReNik]

http://www.hindu.com/2007/03/17/stories/2007031720651100.htm

FACT land at Ambalamugal is really breathtaking. Anybody will pay a premium to build
a Tech park there. IT park venture has the additional advantage that it can keep the natural beauty if good care is taken.

regarding the DD IT park(on ideadesign.org) , i think DD stands for desai developers(any takers)

YES it stands for Desai group. But Desai Homes webpage does not have it. I dont
know any other webpage of theirs.

An t eh road is still in the same state as it was 2 years ago .

Here is a news on it.
Four-laning of S.A. Road only after monsoon

Staff Reporter

Flyover from Panampilly to Foreshore mooted
The Hindu news link (http://www.hindu.com/2007/03/17/stories/2007031721720500.htm)




Muthoot Groups offer looks luring - 20 Million Sqft of Built Up Space . That is massive construction . Let us wait and see how Tecom reacts

Yes, even if TECOM wins the project, it risks other parks coming up in the vicinity
at a faster pace. I feel that TECOM will try to speed up and reduce the whole
project period to half or less.

[DileepKS]

Ambalamugal campus can revel Technopark in green-ness, except the eyesore of those smokestacks of KRL/HOC. Road access is a bit round-about right now, but once the brahmapuram bridge of Infopark comes, that will be an alternate route.

But my concern with all the parks around,

WHERE ARE THE ROADS?

[pramodusnair]

I chanced upon a website called tendersonline.I found the tenders floated by CPT,CIAL,TCS and FACT for their IT parks in Kochi.

A news clip from Rashtra deepika on smart city.

http://farm1.static.flickr.com/167/425547824_b7dd106456_o.jpg

[pramodusnair]

Property development, the Ozone Propex way

The group was planning a project in Kochi too. This one would come up on a 300-acre land, close to the proposed international airport.

http://www.hindu.com/biz/2007/03/19/stories/2007031900461600.htm

About Ozone propex---http://www.ozonegroup.com/associate.htm

[KMC]

Another 300 acre township !!!!!!
Now with Smart City almost through , I guess run for land in Kochi will explode . Its only matter of time that Kochi will spread from Cherthala to Nedumbassery.
Today Manorama reported that NEST is having big expansion plans in Kochi.

Why our Islands are not targeted by builders , Like Vypin , Bolgatty , Now these are well connected to mainland. PuthuVype area has got lots of areas which can be developed.

[pramodusnair]

Upgrading of Cusat as IIST Centre had offered Rs 20 crore: VC

Cochin University of Science and Technology Vice-Chancellor P K Abdul Azis on Sunday said
that the Union Government had offered Rs 20 crore to upgrade Cusat as Indian Institute of
Science and Technology (IIST).


http://www.newindpress.com/NewsItems.asp?ID=IER20070319021542&Page=R&Title=Kerala&Topic=0

[pramodusnair]

http://farm1.static.flickr.com/176/426820436_7f9fafbeba_o.jpg

Kshitij mall
Built up area-4,24,000sq-ft

Floor plate -52,758 sq-ft

No of floors -G+5

Format -Dept+multiplex+hotel.

http://www.kshitijfund.com/kshitij_locator_list.aspx?MM_ID=63

[KMC]

Looks like Lulu Project is pending for some sort of approvals- Enviornmental Clearance

That is indeed massive project on 16 acres

here are some links , can some one get more details

http://164.100.194.13/allied_envclr/htmls/ncp_agenda%5Cagenda1.htm

also see
http://164.100.194.13/allied_envclr/htmls/environmental_clearance.asp
↓
Pending Projects
↓
NEW CONSTRUCTION PROJECTS AND INDUSTRIAL ESTATES
↓
Choose Kerala

[pramodusnair]

KMC,
Thats interesting piece of information.So the lulu project is stuck in the ministry of environment's office.I never knew that infrastructure projects like malls ,hotels etc should get clearance from the central ministry(thought only state govt's/coop's approval is required

[Deepak]

Anyway it will not be like smart city...They have purchased land by their money.Infact the hanging smartcity project worked well as a signboard for other investers. They may not think of Govt land , Govt participation etc and to wait indefinitely ....

[ReNik]

Property development, the Ozone Propex way



http://www.hindu.com/biz/2007/03/19/stories/2007031900461600.htm

About Ozone propex---http://www.ozonegroup.com/associate.htm

Thats awesome, Pramod. This is in sync with Dileep's guess that many many more big players are landing in Kochi. Kochi phenomenon has taken
root. Now it must be nurtured for a future progressive Kerala.

KMC, your info on LuLu project was a good update. Its only due to
hurdles like environmental clearances billions $ worth investment is
getting delayed in Kochi.

[sowmya]

It is really sad that our government is taking so much time to decide on Smart City project. I believe it is for their own selfish reasons. If not Tecom at least the government could have taken quick steps to bring some other IT park.And it is frustrating to see most of the announced projects in Kochi not taking off.

[sowmya]

I heard that Mall O in NH Bye pass will get completed in September 2007 Pantaloon Hypermart in Metro One mall in Kaloor will open within two or three months. So it will be another big take off for Kochi

[sowmya]

After the completion of Wipro in Infopark and L&T Tejomaya and Leela Infopark Phase II will Infopark reach an almost equal position with Technopark

[pramodusnair]

Many north Indians working with me are are interested in investing in the realty sector of Kochi.The sea,cosmopolitan culture and the city's status as the best in the west coast after Mumbai are attracting them to it.
Eight malls and still counting..............if only the commies stay put and stop meddling with the city's affairs ,we could see the most explosive and sustained development that Kerala has ever witnessed.Kochi is the flavour of the season...........the large no of realty devps who have bought land in Kochi cant be wrong.
Most us feel that kakkanad/nedumbassery/maradu is going to be the next hotspot but there is a darkhorse which might pose some stiff comptt--Eloor.
FACT is in dire finacial crisis, its only a matter of time before they put their Eloor property on block.They have already sold Udyogmandal ICSE(i was a student of this wonderful school),central school and JNM hospital.

[sowmya]

I also heard from a builder that Kakkanad area is still subject to FAR of 4. So I believe that a lot more of highrises will spring up

[DileepKS]

Eloor has only one problem. Pollution. That will kill any aspiration for residential or IT development.

Major areas as of now are:

1. Nedumbassery area, from Periyar to Angamali.
2. Kakkanad area, north to edathala, east to kizhakkambalam, south to vennala.
3. Udayamperoor area, from Thripunithura to S. Paravur
4. Maradu area, southward to Aroor.
5. Aluva area, from Kalamassery to Periyar.

[Deepak]

CIAL - roundabout.

http://img457.imageshack.us/img457/6126/cialroundaboutzi8.jpg

[Deepak]

Airport-view from highway..


http://img480.imageshack.us/img480/9916/cialviewoj7.jpg

[ReNik]

Nice ones there Deepak. I guess that's the 300,000 sqft departure hall
in the Intl' terminal under construction on the left end of your first photo. That will take the total area to close to
800,000 sqft.

What's needed urgently is the expansion of domestic terminal. CIAL now handles
1.4 million domestic passengers. Total traffic is a whopping 3 million per annum.
Last year the growth was 38 %. Imagine the way things will be as all the ongoing projects like Vallarpadam,
SEZs, Tech parks are completed. By 2010 a traffic of 5 million is just reasonable to expect even with less
than 30 % growth.


Pramod

If you are able to get the pics of Wipro buildings u/c post it here.

[ReNik]

Kochi generates over 80% of states commercial taxes. Commercial taxes make up more than
85% of states tax revenue. Here is the news

Ernakulam tops in resource mobilisation drive
New Indian Express
Tuesday March 20 2007 13:01 IST

KOCHI: Ernakulam district is on top in the resource mobilisation drive in the state, with a record collection of Rs 5,300 core in the current fiscal.

This marked a whopping Rs 700-crore increase, compared to the same period in the previous year.

This comes around 87 percent of the resource mobilisation target of Rs 6,211 crore and the last few days of the financial year is expected to add an amount of Rs 300 crore more to the collection.

The Deputy Commissioner’s office (Commercial Taxes), Ernakulam, which collected around 80 percent of its target, contributed more than half of the amount, while the District Forest Office, Malayattoor, achieved the maximum in terms of percentage.

State-wise, the office is known to be the highest revenue-generating office. The District Registrar Office has recorded an increase of Rs 100 crore, compared to last year.

But the District Lottery office, which generated a revenue of Rs 46 crore on February 28 last year, could achieve only Rs 13 crore by the same period this year.

This highlight the need to give topmost priority to Kochi in development spending. More the money is spent on Kochi's
infrastructure, more revenue it generates for Kerala. For past 5-6 years all politicians across party spectrum have realised
this, but has not translated into action yet.

[ReNik]

More for Aluva

Jewel RiverWoods
http://img143.imageshack.us/img143/46/riverwoodsprojectnj1.jpg (http://imageshack.us)


Heavenly Splash
http://img246.imageshack.us/img246/7493/splashelevationgv0.jpg (http://imageshack.us)

[KMC]

http://www.empirebuilders.in/ongoing.html

This is a Joint Venture with KM Trading Corp - Am sure these guys are going to enter into Kochi real estate in bigway . There is one more by this group coming at Kaloor - No details given , but mentioned in Upcoming project list.

[ReNik]

http://www.empirebuilders.in/ongoing.html

This is a Joint Venture with KM Trading Corp - Am sure these guys are going to enter into Kochi real estate in bigway . There is one more by this group coming at Kaloor - No details given , but mentioned in Upcoming project list.

KMC

I had seen this. But did not post as it did not have anything exciting yet.
Is KM trading a big player ? Do they have any other projects around ?

PS: I hope you have got the list of builders i sent earlier. If not, I will send it again

Meanwhile, Sobha has acquired more than 300 acres of land at Maradu for Hi-Tech City. About 100 acres more is needed will be taken over by april and construction would start in May. This report is from Mathrubhumi supplement.

Another news, CIAL touched 370 services a week mark and thus qualify to be upgraded
to Metro Airport status.

[sowmya]

Wow so just two months more for starting the construction of Hitech city. Hope there are no more hurdles before that. At least some project is going to start soon

KMC

I had seen this. But did not post as it did not have anything exciting yet.
Is KM trading a big player ? Do they have any other projects around ?

PS: I hope you have got the list of builders i sent earlier. If not, I will send it again

Meanwhile, Sobha has acquired more than 300 acres of land at Maradu for Hi-Tech City. About 100 acres more is needed will be taken over by april and construction would start in May. This report is from Mathrubhumi supplement.

Another news, CIAL touched 370 services a week mark and thus qualify to be upgraded
to Metro Airport status.

[Deepak]

Nice ones there Deepak. I guess that's the 300,000 sqft departure hall
in the Intl' terminal under construction on the left end of your first photo. That will take the total area to close to
800,000 sqft.

What's needed urgently is the expansion of domestic terminal. CIAL now handles
1.4 million domestic passengers. Total traffic is a whopping 3 million per annum.
Last year the growth was 38 %. Imagine the way things will be as all the ongoing projects like Vallarpadam,
SEZs, Tech parks are completed. By 2010 a traffic of 5 million is just reasonable to expect even with less
than 30 % growth.



Yes Renik, That is the new departure terminal. When this will be completed, old terminal buildings will be used for domestic passengers.Already old arrival terminal is converted to domestic terminal now.

[Deepak]

Inside the airport. Rest room.

http://img452.imageshack.us/img452/1675/cialinsidemp2.jpg

[Deepak]

A night shot taken from flight. The aerobridge is connected to the second floor of new arrival terminal.The third floor is not in use now. I think that is made for future aircrafts like A380, having more height.


http://img452.imageshack.us/img452/2954/cialnightshottz1.jpg

[pramodusnair]

I am posting a news clip on Sobha Hitech park from Mathrubhumi supplement.
But what are they planning to do with large tracts of land they purchased near CIAL?

http://farm1.static.flickr.com/152/430219011_6bcdc7c18b_o.jpg


Rashtra deepika reports that Achumama&co are trying to steer away potential investors in Kochi to other districts by saying tht there is no free land available .
How can a party can stoop so low and say white lies with such conviction?If there is a scarcity of land in Kochi, why are they decreasing the FAR?The truth is that there are lots of "free" land in Ernakulam but communists doesnt want it to develop .Almost all coastal states are vying for a PCPIR except Kerala.Is Mr Achumama sleeping?How about bringing atleast one of these central institutes to Kochi.
1.Maritime university
2.School of planning and management.
3.National institute of design.

[pramodusnair]

Good pics,Deepak.

[ReNik]

Rashtra deepika reports that Achumama&co are trying to steer away potential investors in Kochi to other districts by saying tht there is no free land available .
How can a party can stoop so low and say white lies with such conviction?If there is a scarcity of land in Kochi, why are they decreasing the FAR?The truth is that there are lots of "free" land in Ernakulam but communists doesnt want it to develop .Almost all coastal states are vying for a PCPIR except Kerala.Is Mr Achumama sleeping?How about bringing atleast one of these central institutes to Kochi.
1.Maritime university
2.School of planning and management.
3.National institute of design.


Actually investors are willing to go to Trissur, Alappuzha and Kottayam due to the
proximity to Kochi. But things end there. No investor believe govt. Otherwise
state would not have been lagging in IT for example. IT majors started flocking
to state after Kochi emerged as a destination.
So even if some elements want to forbid growth of Kochi, it will simply go to other southern states as Kerala does not have any other credible investment destination.

[ReNik]

Another cruise at Ernakulam wharf
http://img255.imageshack.us/img255/5104/4267254021388a145b5ohz3mq3.jpg (http://imageshack.us)
yamanoorsai gallery

[Deepak]

sorry if it is a repetition..:D




Trinity Periyar sands, Alwaye. 11 floors.

http://img395.imageshack.us/img395/7775/trinityperisands200eo1.jpg

[ReNik]

Big Apple, Palarivattom- 16 floors
http://img177.imageshack.us/img177/8652/bigappleelevationlk6.jpg (http://imageshack.us)

[ReNik]

Looks like Lulu Project is pending for some sort of approvals- Enviornmental Clearance
That is indeed massive project on 16 acres
here are some links , can some one get more details
http://164.100.194.13/allied_envclr/htmls/ncp_agenda%5Cagenda1.htm
also see
http://164.100.194.13/allied_envclr/htmls/environmental_clearance.asp
↓
Pending Projects
↓
NEW CONSTRUCTION PROJECTS AND INDUSTRIAL ESTATES
↓
Choose Kerala

KMC

Your link also gives the following pending project


Project No: 21-705/2006-IA.III
Project Name:Kshiti Mall at CTS No. 641/4, 633/2, - 629/6 M.G. Road, Cochin
District:Cochin.
Village:629/6 M.G. RoadEranakulam South
Company: Peeves Project (Pvt) Ltd.

Kshitij Mall is mentioned to be 4.25 lakh sqft. The promoter is mentioned as Peevees group.
But Peevees is the promoter of Summit Mall too, which is 650,000 sqft. And the construction is already underway.

Lulu's project on 16 acres has a million sqft mall and a star hotel too. :tup:
It is up for clearance in tomorrow's (March 24) meeting. With that hopefully
the face of Edappally will change.

[pramodusnair]

TOI(Banglore edition),Times property in its special edition "Realty news Kerala".
reports that Abad group is planning a mall , multiplex and an apartment complex at Maradu and confidence group is going to construct Rs 1 crore villas designed by foreign architects.Once the FAR issue is sorted out,"new" projects will be announced.

Apollo Tyres setting up super-speciality hospital in Kochi-Kalamassery(factory land).I've heard rumors that they are planning to shift their Kalamassery(premier)plant to Perumbavoor.

http://www.earthtimes.org/articles/show/43238.html

[KMC]

[QUOTE=pramodusnair;2711734]TOI(Banglore edition),Times property in its special edition "Realty news Kerala".
reports that Abad group is planning a mall , multiplex and an apartment complex at Maradu and confidence group is going to construct Rs 1 crore villas designed by foreign architects.Once the FAR issue is sorted out,many new projects will be announced.

Abad Mall is already under construction at Maradu , It seems a 14 storied building. Any news on Saihathi Group ,
There was a roumour abt Infra Housing's Mall project at Vytila - any news.
And what is the Building coming at Kadavanthra Junction (Opp DD Milestone), No one has yet posted a rendering on that . Last time when I visited there , It was already 2nd floor started . I heard a roumour that it is a 14 storied Hotel ( Not sure and no renderings in place) . Dont know why the promoters are not puting any rendering there.

[sowmya]

The work on Vallarpadam road and rail project is beginning today. They have already brought equipments from Mumbai. This is a big leap for Kochi

[ReNik]

Abad Mall is already under construction at Maradu , It seems a 14 storied building. Any news on Saihathi Group ,
There was a roumour abt Infra Housing's Mall project at Vytila - any news.
And what is the Building coming at Kadavanthra Junction (Opp DD Milestone), No one has yet posted a rendering on that . Last time when I visited there , It was already 2nd floor started . I heard a roumour that it is a 14 storied Hotel ( Not sure and no renderings in place) . Dont know why the promoters are not puting any rendering there.

That Kadavantra building was once identified by Bhasid. I dont remember the name.
Apollo had announced their plans sometime back.

[KMC]

[That Kadavantra building was once identified by Bhasid. I dont remember the name.
Apollo had announced their plans sometime back.[/QUOTE]

The one bhasid identified was Hotel project by Middle East group near Varuna Flats ( Elamkulam) . I doubt anyone has posted the rendering of Kadavanthra building .

[KMC]

Over 1 million Sq Ft Commercial Complex by SIDCO at Kadavanthra
Total Investment in excess of 150 Crore
here is the link
http://www.keralasidco.com/project_sidco.pdf

[pramodusnair]

Over 1 million Sq Ft Commercial Complex by SIDCO at Kadavanthra
Total Investment in excess of 150 Crore
here is the link
http://www.keralasidco.com/project_sidco.pdf


So 9 malls and still going strong.:cheers:

[ReNik]

:cheers:
Vallarpadam rail link work is on

Staff Reporter

KOCHI: Ground-breaking ceremony for the rail link to the proposed International Container Transhipment Terminal (ICTT) on Vallarpadam Island was held here on Friday in the presence of a large number of people and officials from Rail Vikas Nigam Limited (RVNL), that is executing the rail link project, Cochin Port Trust, India Gateway Terminals Limited (IGTL), Goshree Islands Development Authority (GIDA) and the district administration.

The 8.86-km track will cost a total of Rs.246 crore and is expected to be completed by March 2009. The track will take off from the proposed Vallarpadam yard, crosses existing road linking the Goshree bridges 2 and 3, enters the backwaters and moves via Mulavukad, reaches Vaduthala. From here it will cross the Chittoor road to reach Edappally.

An official communication here said that the rail-bridge track would not affect the existing road traffic in any way. While RVNL is doing the rail link work, the physical work is being carried out by Afcons Infrastructure Limited.

Chairman of the Cochin Port Trust N. Ramachandran, District Collector A.P.M. Mohammed Hanish and Additional Railway Divisional Manager H.S. Mushathique were among those present at the occasion.
The Hindu full news (http://www.hindu.com/2007/03/24/stories/2007032404860400.htm)

:cheers:

Finally the anti-development fringe gave in. The works is said to be 3 months ahead of schedule.
As the 4-lane road works have already moved ahead, this will provide a major infrastructure relief for the city.




But my concern with all the parks around,

WHERE ARE THE ROADS?

For Ambalamugal campus of FACT Airport-Seaport corridor, when fully executed, can serve. The AS Corridor was
basically designed to connect these areas from a different perspective - disaster management. As the current
plans are to take up the phase II (extensions) and the phase III (widening) together, this must serve the need
of Tech parks too.

[arkitecton]

check out this link to find the list of proposed projects in Kerala by KSIDC...The multiplex and Institute of Design where something new..
http://www.ksidc.org/ksidc_project_profiles.htm

[pramodusnair]

Just finshed reading the city devp plan on the Kochi corporation website.The CDP looks quite good in fineprint but executing them will be a gargantuan task.The plan contains several interesting projects like:-
1. Outer ring road,inner ring road.
2.Flyovers,escalators,paved walkways,rest houses etc.
3.Beautification of MG road from mattanchery to North overbridge, widening of link roads etc and the MRTS project.
4.Tourism projects like Queen of Arabian sea(they have set aside 50 crores for this),Extension of marine drive walkway till Vaduthala,beautification and re-development of Broadway,I- max theatre etc.
6. underground drainage systems,widening and cleaning of canals and paving the walkways alongside it.
Is there anything they have failed to address?
On the whole the report looks promising but i have little faith in the corporators and officials who make big promises and often fail to keep them.They should bring in more transparency to tendering processes,financial dealings.award of contracts etc.For this Kochiites can create a monitoring committee consisting of teachers,engg students,docs and other professionals.They can extract info on development works (under JNNURM) from Kochi corp using RTI.Even newspapers which are published from Kochi can play a proactive role like times of India does in Bangalore(it carries weekly updates on the various infrastructure projects in the city)Till then we can only hope that renewal mission of Kochi doesnt get mired in endless delays and corruption.

[KMC]

Report by NewMark Knight Frank
http://www.newmarkkf.com/research/marketreports/library/india_growthcentres.pdf

Kochi is Listed as Emerging Growth Centres of 2007 , A good recognition by an International Agency . Hope our politicians wake up and address the needs of this City which is growing at exponential pace.

[ReNik]

Over 1 million Sq Ft Commercial Complex by SIDCO at Kadavanthra
Total Investment in excess of 150 Crore
here is the link
http://www.keralasidco.com/project_sidco.pdf

Great finds, KMC !!
We are losing count of million sqft malls :banana:


Report by NewMark Knight Frank
http://www.newmarkkf.com/research/ma...wthcentres.pdf

Kochi is Listed as Emerging Growth Centres of 2007 , A good recognition by an International Agency . Hope our politicians wake up and address the needs of this City which is growing at exponential pace.

Do the politicians really need to be told ? I'm sure they all know this. Just that they like
to extract the maximum out of the golden goose before feeding it.

[ani07]

An IMax theatre was planned back in 2001 in marine drive.So far nothing happened.

[ReNik]

Just finshed reading the city devp plan on the Kochi corporation website.The CDP looks quite good in fineprint but executing them will be a gargantuan task.The plan contains several interesting projects like:-
1. Outer ring road,inner ring road.
2.Flyovers,escalators,paved walkways,rest houses etc.
3.Beautification of MG road from mattanchery to North overbridge, widening of link roads etc and the MRTS project.
4.Tourism projects like Queen of Arabian sea(they have set aside 50 crores for this),Extension of marine drive walkway till Vaduthala,beautification and re-development of Broadway,I- max theatre etc.
6. underground drainage systems,widening and cleaning of canals and paving the walkways alongside it.
Is there anything they have failed to address?


Pramod

Do you have the full document with you. Can you share it by mail

[sowmya]

Today in Manorama supplement I read that construction of Vallarpadom road is facing some hurdles regarding contract even though the inauguration was done one month ago even though rail work is progressing in full swing. Does anyone know whether it is true? Also that the construction work of the terminal will begin in June.

[sowmya]

http://www.mathrubhumi.com/2007_customimages/news/PF12449_32bis1n.pdf

Sobha developers is making huge investment in Kochi. They have promised to start construction works before monsoon. But the way LDF commies work Iam worried whether they will get the permission to start work at least before next monsoon.
They have also sought SEZ status. The biggest worry is regarding the LDF policy regarding SEZ now.

[pramodusnair]

If the developers have completed all the land transactions prior to the sez application, there wont be any problem in getting SEZ status.Also CPI(M) cannot protest against SEZs on any moral ground cos that will be a political suicide(esp after the Nanadigram incident they cant go on flaunting their double standards and hypcrisy anymore).For any project there will be hurdles and the antidevp lobby's arguments(in vallarpadam;'s case) would be simply shunned by the public who are fed up with the antics of these morons.

[sowmya]

There are no updates about projects like Parsvnath IT park, CIAL IT park. What happened to all of them? Nothing is seen in the newspapers too.

[ReNik]

There are no updates about projects like Parsvnath IT park, CIAL IT park. What happened to all of them? Nothing is seen in the newspapers too.

Parsvnath and CIAL projects are surely going forward. Parsvnath layout is already posted
here. The full plan with renderings will be out soon. Remember Parsvnath already got SEZ status along with Unitech . So no problem.

CIAL park has got the final clearance from govt and the director board. Govt has already
forwarded the SEZ status application to centre.

[ReNik]

KMC,


LuLu project was up for clearance on last Saturday's (March 24) meeting.
Has it been cleared ??

[pramodusnair]

There is some legal wrangling going on over the GIDA D4 land.Venus hotels owned by Venugopal nair had won the bid by quoting Rs333 crores . Hotel Venus International, had not furnished two bank guarantees for 40 per cent of the bid amount within the time stipulated in the tender conditions.So the next highest bidder Puravankara(who were ready to match the Venus int's bid amount) moved to the high court against venus.Ultimately who got the land,venus/puravankara?
Venus was planning a Seven star hotel,luxury apartments,IT park etc on the GIDA plot.

[sowmya]

Also I have heard of something called Kinfra IT park in Kalamassery. Is it in the same area as the proposed Biotechnology park? Also has the construction of BT park started? What is the present status?

[sowmya]

Can anyone give the photos of various stages of construction activities going on in Kakkanad(apartments)?

[pramodusnair]

http://farm1.static.flickr.com/176/437181071_739197150b_o.jpg