Q:Can anyone give me some details about this NIMZ project in Kochi? Will it affect real estate in Kochi? I was planning to buy some property in this city, can you please advice what localities are likely to be most benefitted by this project?
Latest Answer: Hey, i came to know that a 50 km band in the Kochi-Palakkad NH 544 will act as the spine of the project. See, the Project Influence Area is 8000 sq. km. i think the cost of the project is estimated at 53, 825 crore rupees including cost of land, cost of internal infrastructure, and other costs.
Latest Answer: Kochi SmartCity is one of the first projects to be given a single SEZ status as the site was separated by a water body. All the formalities regarding the status are expected to be completed within a month.
Source: http://timesofindia.indiatimes.com/city/kochi/SmartCity-site-gets-SEZ-status/articleshow/10048228.cms
Times of India
