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Cochin highrises, pictures and projects - II
An excellent shot to start the part II
http://img151.imageshack.us/img151/9...859072bre7.jpg sarose gallery |
Hong Kong company to set up Info Park
K. Venkiteswaran `Terms are attractive to government' Company holds discussions with Chief Minister 26 per cent equity participation offered to the State Government KOCHI: Infiniti Consulting Corporation Limited, a Hong Kong-based company, has evinced interest in setting up an Info Park in Kochi. Discussions were held with the Chief Minister at Thiruvananthapuram last week. The terms and conditions offered by the company were said to be attractive to the State Government. The Hong Kong-based company envisages the project for IT and ITES development and has stated that seventy per cent of the 100-acre land required would be utilised for IT infrastructure development. "Since IT is a human resource centric industry, we also propose to develop allied facilities such as residential blocks, hotels, huge water treatment plants, power distribution systems etc, in the proposed park," said the company in a communication to the Government. The company has offered 26 per cent equity participation to the Kerala Government in the joint venture vehicle. The company has also offered Rs.85 lakh per acre for the land at Kochi. The terms, the company claimed, were better than what was offered by the Dubai Internet City, especially in the spheres of Government equity, land utilisation for IT and fast track development plan. Infiniti Consulting Corporation is a JB group company and is in the real estate and investment consultancy sector. JB group came into being in 1965 and its activities include diamond cutting, polishing, distribution and marketing, jewellery manufacturing, investment in property and mining. It has ongoing projects in Goa where a 200-acre multi-component project, consisting of a 260-room five star deluxe resort, 200 high-end residential villas and apartments, is coming up. It is a Rs.1200-crore project. The company is also developing commercial and residential projects in Mumbai, Surat, Hyderabad, Pune and Bangalore. |
Kalpaka Castle - Edappally
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Great pic and News, Pramod and Renik.......:cheers:
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FAR issue ends here hopefully
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I guess that Town planner is only a pawn in the game played by politicians. |
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FAR order came, the next day Edappally gets a 15 storey. :) This has been pending. |
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Puzhayoram - Alwaye
A bigger perspective of the one I had posted earlier
http://img152.imageshack.us/img152/5...orambigut7.jpg Source: www.sunnybuilders.org |
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Though the FAR issue is going to be favorably settled now, it helped to bring Alwaye into focus. |
Deepak's photos a must see... reposting it here
http://img408.imageshack.us/img408/5273/mmtechlyj4.jpg this onez a superb shot, Deepak ! :cheers: |
Also these five star hotel projects
Dreams Hotel, Ernakulam http://img256.imageshack.us/img256/4...shotelsxr5.jpg Architect Ajit Assoc. Hotel City Lagoon and Convention Centre, Silver Sand Island, Vyttila http://img441.imageshack.us/img441/8...ylagoonez1.jpg Architect Ajit Assoc. |
We are waiting till the project by Infinity, the Hong Kong based firm comes up.But wont it take much of time. Also it is really gud news that FAR problem is being sorted out
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HC stays govt stays the govt order on reducing the FAR in Kochi.
"Kerala High Court today directed the government to pass fresh orders within three months on the request regarding the applicablity of the provisions relating to the Floor Area Ratio (FAR) in Kerala Municipality Building rules 1999 for Kochi city." The old Floor Area Ratio prevails. http://www.mathrubhumi.com/php/newsF...ory_id=3&Farc= |
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Confident Groups project sells out in 2 weeks after launch !!! http://img79.imageshack.us/img79/765...dface01bs8.jpg Now Kakkanad can launch taller and bigger projects with FAR dust settling down. |
Cognizant begins operations in Kochi
Special Correspondent `State has good engineering talent' KOCHI: Cognizant has started operations in Kochi, which adds an eighth city to its footprint across the country. It now has operations in four southern States — Tamil Nadu (Chennai and Coimbatore), Karnataka (Bangalore), Andhra Pradesh (Hyderabad) and Kerala (Kochi). Cognizant has taken up approximately 74,000 sq.ft. of leased space in Kochi. This new development centre, said R. Chandrasekaran, president and managing director of the company, would have the capacity to accommodate approximately 800 professionals. Phase 1 of the facility would be fitted out by end of April 2007, which would create a capacity for 400 professionals, and phase 2 by July 2007 for an additional capacity for 400 professionals. In a release here on Thursday, the company said that Kerala had good engineering talent, the primary source for recruiting. It had about 82 engineering colleges that produced more than 23,000 qualified engineers each year. In addition, it has 186 science and arts colleges. Cognizant had been a power recruiter from Kerala for the last eight years, having a premium slot across most premier engineering colleges. |
CIAL panel meet to discuss proposed IT Park
A Correspondent Project estimated to cost Rs. 640 crore Proposal to set up a golf course Parallel taxiway to be constructed at Cochin airport NEDUMBASSERY: The Rs. 640-crore Information Technology Park proposed by Cochin International Airport Ltd. (CIAL) is set to get off the block soon. The sub-committee of the airport company scheduled to meet on February 28 is expected to give sanction for the issue of notification for appointing a reputed consultant to undertake a feasibility study on the project. Based on the study report submitted by the consultant, a master plan would be prepared so as to set up the Park with facilities on a par with international standards. The IT Park would be spread over an area of 35 acres with a built-up area of about 3.81 million sq.ft. It is expected to provide 15,000 job opportunities both directly and indirectly. The IT Park is one of the multi-crore projects worth Rs. 3,500 crore conceived by the airport company as part of commercially utilising the land at its disposal. The projects are expected to be implemented by 2015. An 18-hole golf course to be set up at a cost of Rs. 23 crore is another major project planned by CIAL. A convention centre, a retail centre, a five-star and a budget hotel are also being proposed as part of the golf course. With an eye on attracting more foreign airlines and enhancing the revenue through increased flight movement, the airport company has embarked on the construction of a parallel taxiway at an estimated cost of Rs. 24 crore. The taxiway, which is expected to become operational in May 2007, will reduce the delay in landing and take-off. Additional parking bays Besides, four additional parking bays, capable of accommodating narrow-bodied aircraft such as A-320s, B-737s as well as wide-bodied aircraft such as A-340s, A-380s, B-747s, etc., will be set up at an estimated cost of Rs.9 crore. The bays are expected to turn operational by next year. A new international departure terminal is being set up in 3 lakh sq.ft. at an estimated cost of Rs. 33 crore. When completed, it will be capable of handling 1,200 passengers at a time during peak hour traffic. A fully-owned subsidiary company, Cochin International Aviation Services Ltd. (CIASL), has been floated by the airport company for setting up an aircraft maintenance hangar and an aviation academy. The process for identifying an aviation consultant for the project is currently under way. In the first phase, a maintenance hangar for two narrow-bodied aircraft will be set up at a cost of Rs. 20 crore, which is expected to be in place by March 2009. The construction of the Centre for Perishable Cargo being developed by the airport company in association with APEDA is in full swing. The project costing Rs. 24 crore is expected to be commissioned by July this year. Another link to the news!!!!!! http://www.projectsmonitor.com/detai...p?newsid=12830 |
FAR issue
Hope this court order would be a guideline for the Govt in future.A people's movement also getting strength in background.....:cheers:
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thx ReNik,
Dont know these pics posted earlier... copyright Danappan. http://img233.imageshack.us/img233/8...nappan1dx3.jpg |
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India’s largest cities are set to swallow up neighbouring towns as they grow
While the nation’s capital is set to grow from 1,483 sq km to 2,300 sq km by 2021 under the Delhi Master Plan, Bangalore will expand more than three-fold, from 226 sq km to 696.17 sq km by 2015. Gurgaon, India’s ITeS hub, will grow 275% in area from 98.81 sq km to 370.69 sq km by 2021; Greater Noida from 50 sq km to 120 sq km by 2021; and Kochi from 264 sq km to 731 sq km by 2026. "The Kochi City Development Plan 2005-2012 now includes 731 sq km of the Greater Cochin region, which is eight times the size of the city." http://inwww.rediff.com/newshound/se...tent_id=155048 |
Kochi again gets direct Delhi service
After Paramount withdrew from North India, now Indian (IA) is starting direct up and down flights to Delhi - making Kochi the only city in state to have one. Quote:
brand new Boeings arrive. (Air Sahara also flies down directly from Delhi but it returns via Trivandrum. Sahara operates another convenient Delhi flight thru Hyderabad from Kochi. ) |
Oceanarium for Kochi
Great Catch !!
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That would be another INI(instt of national importance) in Kochi.Puthuvype will emerge as a major industrial region, once the PCPIR in Kochi is finalised(GAIL is lobbying for a PCPIR in Kochi since it has planned investments in excess of 10,000 crores in Puthuvype). |
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It will be coming up in the eastern fringe of Kochi. |
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Wipro campus
http://www.infoparkkochi.com/images/wipr_big.jpg
This is an old news:- http://www.infoparkkochi.com/schedule.php#Wipro Quote:
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TCS and IBS also allotted land in infopark.
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oceanarium
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Kochi among India's 10 hot emerging destinations according to Realty-plus.
Kochi is the only city in South India which is rated among 10 hot emerging destination.(The cities are Agra,Ahmedabad, Bhopal, Kochi, Lucknow, Ludhiana, Indore,Chandigarh, Jaipur, Nagpur)
10 Hot Emerging Destinations Of 2007 Places to go, money to make With the real estate boom of 2006 surging strongly into the New Year, small cities riding high on the strength of real estate cost advantage, improving infrastructure and business environment, coupled with the growing income and aspirational levels of their residents, are the hot spots for the builders engaged in frenetic development. We present 10 such hot destinations across India which are the best bets for profitable property deals in 2007. Kochi The commercial capital of Kerala and a tourist destination, Kochi is one of the fastest emerging cities of India. As a port city, it has always been the proclaimed economic capital of Kerala with trade and retail being its fundamental business sphere. Kochi is one of the few cities in India which has the best connectivity to the outside world through sea, air and road. In the recent times, since NASSCOM ranked it as the second potential city for investments in the IT sector, Kochi has emerged as a favoured destination for the IT and ITES industry. The state government is promoting the city as a business and IT destination with Cochin CEPZ and Cochin Infopark in the pipeline. Real Estate Scenario Residential: The residential property market has developed in the last 4-5 years with acceptability for apartments and one could notice concentration of apartments in Menaka, Panampily Nagar, Edappally, M. G. Road and in the newly developed residential areas. The market is more active in the south with an average takeoff time of two months from the date of launch and is also the most expensive areas of Kochi. The residential property market is upbeat. The demand for residential property is likely to continue on its upward trend as long as interest rates on housing finance continue to remain reasonably low and the economy remains stable. The demand is generally for 2 and 3 bedroom apartments with large halls. The market may see rise in demand as no new projects is being planned by any developer for the next two years and every builder has 4-5 projects in pipeline which are more than 70% booked. Any new residential project at the Menaka, Panampilly Nagar and M.G. Road will be booked within two months of its launch. Commercial: The commercial market is still at an infant stage and is concentrated in and around M.G. Road, Chittoor Road and Shanmugam Road. The market is expected to grow with the focus of the state government to promote IT, especially in Kochi. The southern end of M.G. Road and Shanmugam Road has met the fresh demand from financial institutions and insurance sector. There are still some small office spaces on M.G Road and its by-lanes that are vacant and available at Rs 5-25 psf. Two new software parks are in the pipeline, one promoted by Kerala IT department and another by a local developer. Retail: The retail market is the most developed here; previous to M.G. Road it was Broadway, which was the high street of Kochi. With the growth in the retail market, the high street shifted to M.G. Road that has become the main retail axis of the city with large format shops. The retail market at M.G. Road is dominated by large format jewellery and sari stores. Other than M.G. Road, Kadvanthara Junction and Palarvattom are developing as community shopping centres with retail focused on the surrounding residential colonies. Apart from M.G. Road, Banerji Road connects the M.G. Road and the Shanmugam Road, running perpendicular to the M.G. Road and has developed as a retail street with mainly hardware and furniture stores. The upcoming retail destinations are Kadvanthara Junction and Palarvattom. Areas of growth: The upcoming areas for real estate development in Kochi are MG Road, Chitoor Road and Shanmugan Road. Yield Returns The yield returns on commercial properties are in range of 10-12% while for retail properties returns are 9.5-11%, and 5-7.5% for residential properties. Land market The land market in Kochi is reasonably stable. Many NRI Keralites, residing in the Gulf region are constantly investing in land. At Rs 1,500-2,500 psft, plots are available in city area while on the outskirts the rates are Rs 400-600 psft. Future outlook The residential property market is likely to witness an upward trend in demand. Residential apartment developments have witnessed a demand from the NRI population. Low interest rates on housing loans are expected to further trigger a demand in this sector. The commercial market is yet to witness a growth in demand. With government’s initiatives of promoting Kochi as an IT destination, there could be a growth in development of software parks in future. The development of CEPZ and Cochin Infopark (Software Park) is expected to add impetus to the commercial property market. As for retail, Kochi is still to see malls; some of the local developers are developing commercial complexes under the brand of mall but all these projects are commercial complex with no zoning and theme. The people of Kochi have good brand awareness but it’s only the mega lifestyle stores like Seemati and Jayalakshmi and mega jewellery stores like Alappat, Alukas and Josco who are the prime traffic mover. For more information please visit http://www.realtyplusmag.com/cover_f...sp?cover_id=30 |
Chamber offers help for land acquisition
KOCHI: The Kerala Chamber of Commerce and Industry has offered to help the State Government in conducting negotiations for land required for the proposed Metro rail project in Kochi. http://www.hindu.com/2007/02/17/stor...1722600300.htm The metro rail project is gaining momentum. |
Great pics thx Roshan and Bade....:tup:
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India’s largest cities are set to swallow up neighbouring towns as they grow
http://www.financialexpress.com/fe_f...tent_id=155048 |
Which is that building at the extreme left?
http://farm1.static.flickr.com/177/3...103c09e6_o.jpg Sasheeraj gallery |
This is cochin corporation office construction site.Pramod, I think U mean rightside building...
http://img71.imageshack.us/img71/874...orationjw0.jpg |
Nice pics,Deepak!!!The building i asked about is the yellow one to the left of Namaste appts .
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Chk out Kochi in google earth.Looks like google has updated Kochi's map.
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Vankarath Business Towers, Palarivattom.
http://img296.imageshack.us/img296/8633/vank1xu6.jpg They have hiked the building to 14 storeys now and it is construction works are nearing completion. |
http://farm1.static.flickr.com/154/3...9825819d_b.jpg
Deepgoswami gallery |
http://farm1.static.flickr.com/176/3...85782c29_o.jpg
Deepgoswami gallery |
http://farm1.static.flickr.com/183/3...b21e7ffb_o.jpg
Deepgoswami gallery |
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