Cochin highrises, pictures and projects - II

[dr_know]

Cochin Port Trust has entrusted NTPC Electric Supply Co (NESCL), a subsidiary of NTPC, to carry out a feasibility study and prepare a detailed project report for providing electric supply arrangements to the port based SEZ at Vallarpadam and Puthuvypeen.

The port has considered various options like setting up a captive power plant on BOT basis; entrusting the supply of power to Kerala State Electricity Board as part of providing power supply to the PBSEZ area for various projects coming up in the area. It had also explored other alternatives in association with other competent agencies. Regarding the option of captive power plant, it is felt that the cost of power will be too high and the co-developers also preferred to have KSEB supply, which will be cheaper compared to the captive power plant.

However, the KSEB informed that the approximate cost for bringing power supply to the SEZ's at 110 kV will be to the tune of Rs.110 crore. Besides, they projected a land requirement of 3 acres at Vallarpadam, 4 acres at Puthuvypeen and 15 cents at Chathiath.

Considering the financial constraints and huge investments, the co-developers of the SEZ project such as DP World, BPCL-KRL and Petronet LNG were also reluctant to share the cost of power supply. Hence, it was decided to carry out a detailed feasibility study in this regard by entrusting the work to NESCL.

[ReNik]

Originally Posted by KMC

Godrej Properties is eyeing Kochi

http://economictimes.indiatimes.com/...ow/2112320.cms

Is it a kind of overheating happening in Kochi .
Local builders will find it extremely tough to compete , if National players start concentrating more on Kochi . They will have to move else where in State. Kochi is still waiting for these Giants like DLF , UNITECH , Sahara , Parsvnath to announce their projects , who owns large chunk of Land , eg : Unitech which owns 670 Acres in Kochi!!!!!! . These guys will Kill the competition

Good point. But there is the other side of the story. Local players have local
advantages. If you notice there are many local players who sell out faster than
biggies. Even among local players, there are low profile builders who sells faster
than high profiles like Mather or Abad or Skyline. So it may not be that straight
to argue that local players will be displaced. Above all, you notice that biggies
are more inclined towards premium projects - like Prestige, Puravankara etc.
That leaves lot of space for local players among low and middle segments.
Well established locals offer stiff competition in premium category too.
Example, Mir group sold out their first 25 storey Emerald Park in Metropolis and
launched a 34 storey in the face of competition from Puravankara and many others.


Here is a mega project on course to completion
Olive Courtyard, Kakkanad, 18 to 22 storey

[sowmya]

Multiplexes are theatres with low capacity. There will be only so many seats. It not like an ordinary theatre where there are around 600 to 1000 seats

Originally Posted by devakj

Are these meant to be movie theatres? The capacity seems too small for these being actual theatres? (As low as 117 seats)..

[ReNik]

Okay here is a good news.

Kerala govt announces IT policy according to which, IT SEZs are welcome and will be
encouraged.
That means one can expect sanction for 5 IT SEZs and a free trade
zone in Kochi. This include Parsvnath and Unitech IT SEZs. Only thing govt
insists on is to have land acquired at market rates - which are met by these projects.
If things move reasonably fast this will happen within couple of weeks.

[ReNik]

Here is one more major star hotel at Kochi. (Has this been posted earlier?)

Dubai-based multinational conglomerate Phoenix Group with interests in hospitality and real estate plans to invest over Rs 2,200 crore in India by 2011.
...
It also plans to open hotels in Bangalore, Kochi, Ahmedabad and Hyderabad by early 2009. Full story @ Property bytes

[ctjoseph]

Hello guys,
It's been a long time since I posted, but I do diligently check in here for your up to date and detailed updates. Great work! Here is a link to some virtual tours of the L&T buildings at Infopark. It's definitely worth watching.

Campus
http://www.lnttechpark.com/php/playv...p?value=campus
Food court
http://www.lnttechpark.com/php/playv...alue=foodcourt
Car Park
http://www.lnttechpark.com/php/playv...?value=parking
Reception
http://www.lnttechpark.com/php/playv...alue=reception

[sanjupalayat]

MM TECH TOWERS LATEST

[KMC]

Originally Posted by ctjoseph

Hello guys,
It's been a long time since I posted, but I do diligently check in here for your up to date and detailed updates. Great work! Here is a link to some virtual tours of the L&T buildings at Infopark. It's definitely worth watching.

Campus
http://www.lnttechpark.com/php/playv...p?value=campus
Food court
http://www.lnttechpark.com/php/playv...alue=foodcourt
Car Park
http://www.lnttechpark.com/php/playv...?value=parking
Reception
http://www.lnttechpark.com/php/playv...alue=reception

Excellent , this is how modern IT parks should look like.

[ReNik]

Originally Posted by KMC

Excellent , this is how modern IT parks should look like.

Yes, entry of private players like L&T has helped Kochi get best. This is one good reason why govt should stop building IT parks. (It is far better to use that money on primary health centres and vector control.)

[dr_know]

Mumbai June 13 Malaysian low-cost airline Air Asia plans to start operations in India towards the end of next year. The airline is awaiting clearances from the Indian Government to fly between Malaysia and Kochi, Bangalore, Kolkata and Amritsar at low fares, said Mr Tony Fernandes, Chief Executive Officer of the airline, speaking at the fourth Annual India and Middle East Low Cost Airline Symposium here on Wednesday.

Orders

As part of its global expansion, the airline is looking at reaching out to China, Japan, West Asia, Korea, Europe and Australia. The airline currently has a fleet size of 54 aircraft consisting of 19 Airbus 320s and 35 Boeing 737s, said Mr Fernandes.

The airline has also placed firm orders for 150 Airbus 320s, besides an option for another 50 to be delivered if the need arises. Firm orders for 50 Airbus 330s, and an option for 10 more, have also been placed.

Cheaper Fare

Earlier, the Malaysian no-frill international carrier had expressed its intention to fly between India and Malaysia with 70 per cent cheaper fare than the average existing fares on this route.

[sanjupalayat]

[sanjupalayat]

another cochin skyline pic

[sowmya]

Yes Minister Elamaram Karim himself has said that six SEZ's will get sanction soon.Things are going to move fast since government has framed procedures which will minimise bureaucracy and give speedy clearances. Also the government is adopting 'hub and spoke model' in which Kochi and Tvm will be the IT hubs. I think there have been major changes from the earlier draft IT policy which encouraged trade unions and which was very much against SEZ's.So we can very well expect Parsvnath SEZ and Unitech SEZ to take off.
The current policy is really good even though there is a slight mention of exploitation in IT sector

Please check the links below
http://www.hindu.com/2007/06/14/stor...1455590400.htm
http://www.manoramaonline.com/cgi-bi...7914&BV_ID=@@@

http://www.manoramaonline.com/cgi-bi...7908&BV_ID=@@@

Originally Posted by ReNik

Okay here is a good news.

Kerala govt announces IT policy according to which, IT SEZs are welcome and will be
encouraged.
That means one can expect sanction for 5 IT SEZs and a free trade
zone in Kochi. This include Parsvnath and Unitech IT SEZs. Only thing govt
insists on is to have land acquired at market rates - which are met by these projects.
If things move reasonably fast this will happen within couple of weeks.

[sowmya]

One more link. Even though nothing is mentioned here it has got to do with growth of Kochi
http://www.hindu.com/2007/06/14/stor...1403880700.htm

[sowmya]

NTPC arm entrusted feasibility study of Kochi Port SEZ

The electric supply arrangements for Vallarpadam and Puthuvype has started

June 12, 2007: NTPC Electric Supply Company Ltd (NESCL), a subsidiary of NTPC has been entrusted the task of carrying out a feasibility study and preparing the detailed project report for providing electric supply arrangements to the port based SEZ at Vallarpadam and Puthuvypeen.

The task has been entrusted by Cochin Port Trust. Since the power supply to these two areas are very critical for the upcoming projects and in view of the port's commitments to making power available in the area by April 2009, it is imperative to conduct a feasibility study and prepare a DPR for pursuing further course of action.

The port had considered various options like setting up a captive power plant on BOT basis; entrusting the supply of power to Kerala State Electricity Board as part of providing power supply to the PBSEZ area for various projects coming up in the area. It had also explored other alternatives in association with other competent agencies.

The approximate cost for bringing power supply as stated by KSEB, to the SEZ's at 110 kv would be to the tune of Rs.110 crore. Besides, they projected a land requirement of 3 acres at Vallarpadam, 4 acres at Puthuvypeen and 15 cents at Chathiath.

The port had held a meeting with NESCL and Kerala Industrial Infrastructure Development Corporation (Kinfra) in this regard wherein it is pointed out that the cost of overhead transmission lines would be much cheaper than underground cabling.

[ReNik]

Here are the Kochi specific proposals in industrial policy from New Ind Express.

Water craft park mooted
Thursday June 14 2007 12:26 IST

KOCHI: The Industrial and Commercial Policy 2007, announced by Industries Minister Elamaram Kareem on Wednesday, is a promising piece as far as Kochi is concerned.

The minister has announced the setting up of a lot of ventures that have the potential of placing Kochi on the national industrial map of the country.

Sector-specific industrial ventures like water craft park and print village have been mooted for Kochi. Apart from mentioning the Vallarpadom Container Terminal and Petronet LNG Terminal, the minister promised that Kochi would be made a major commercial and electronics hub.

A world class electronic hub would come up in Kochi. The minister also promised to set up a Knowledge City in the city. KSIDC would set up a Free Trade and Warehousing Zone.

Biotech and hi-tech electronic corridors would come up along the Seaport-Airport Road. Permanent exhibition centres for playing host to world class exhibitions was another major attraction, he said.

[ReNik]

Thanx for the nice updates, Sanju. Are these shot from a cell ?


Here is the news on SEZs

[sanjupalayat]

Originally Posted by ReNik

Thanx for the nice updates, Sanju. Are these shot from a cell ?

yes renik...yesterday i was a bit late(6pm) when i arrived at my friends flat in express gardens,it was cloudy and light was very less...so i have tried my level best to make those pics clear....MM tech towers looks really massive from the top of express gardens...when its goin to open????

[surajchacko]

hey ne of u guyz gt updates on latest mall o pikz or the new brands or updates on it ....i already saw the site any other info???

[bijugp]

Satyam Cinemas planning to set up multiplexes in state
Film lovers in the state could be in for a treat. Satyam Cinemas, the group which is actively involved in developing and operating multiplex cinemas all over India, is all set to enter Kerala.

Yes. The group is planning to set up multiplexes in major cities including Kochi, Thiruvananthapuram and Kozhikode.

Satyam officials are negotiating with representatives of various companies for the availability of malls.

According to them, Kochi could be the first place in Kerala to boast of a multiplex. “There is a huge opportunity for us in Kerala. We are now holding discussions and we hope to start operations in major cities in the state,” said Tan Ngaronga, Chief Operating Officer, Satyam Cinemas.