Kochi
Union urban development minister Venkaiah Naidu said that Centre would favourably consider plans to extend Kochi Metro to Tripunithura and Kakkanad. The minister assured Kochi Metro Rail Ltd (KMRL) that the government would consider their request to allocate Rs 400 crore additionally in the current fiscal. This year, Kochi Metro is looking for a budgetary [...] Continue Reading »
Asian Business Connection, the holding company of the Carnival Group has acquired the IT Park in Kochi from the company owned by the promoters of Leela Group for Rs 280 crore. The Mumbai-based Carnival Group seems to be very satisfied with this deal as the property is spread over 6.5 acres and brings in good rental income. Out [...] Continue Reading »
The three member of the expert committee has been visited by the DLF riverside housing project site near Chilavanoor in Kochi` last Monday in order to study the technical aspects that have been raised in the report which has been submitted by the chief secretary E K Bharat Bhusan. The technical problems that have been [...] Continue Reading »
In order to catch up with the scheduled time of the delayed Metro rail project, the revenue authorities have made a decision to expedite the land acquisition process along the stretch of Aluva Vyttila. The officials of Kochi Metro Rail Ltd stated that they are expecting to complete the process of work by the end [...] Continue Reading »
The pipeline shifting work on the SA Road has been delayed by the water authority (KWA); with the result that the work schedule will now have to be changed by the Delhi Metro Rail Corporation (DMRC). With regard to the delay on pipeline shifting work, officials with Kochi Metro have revealed that the progress of [...] Continue Reading »
Minister for Environment Thiruvanchour Radhakrishnan told the Kerala Assembly on Wednesday that the DLF Realtors issue – involving the company’s alleged violation of Coastal Regulation Act – will be investigated by a three-member expert committee. The alleged violation by DLF is linked to the company’s residential complex at Chilavanoor river banks in Kochi. During the [...] Continue Reading »
In response to the last-month allegations levelled by Opposition LDF in Kerala Assembly that there were infirmities in the environment and CRZ clearances granted by the Congress-led UDF regime to DLF’s multi-storeyed flats project in Kochi, the realty bigwig has said that the allegations are “baseless and unfounded.” DLF has hit back at the allegations of infirmities [...] Continue Reading »
A star-rated international business class hotel will be set up in the sprawling premises of Kochi Infopark; thanks to a lease agreement signed by Infopark and Brigade Group. Under the lease agreement, Infopark has leased 97 cents of its land to Brigade Group for a period of 90 years. The deal between Kochi Infopark and [...] Continue Reading »
The DLF project in Kochi has come under a lot of pressure now as the Kerala government has cancelled the clearance for it. The opposition LDF (Left Democratic Front) believes that the congress led UDF (United Democratic Front) has shown many undue favours and had allowed the violation of CRZ (Coastal Regulation Zone) norms in [...] Continue Reading »
A roundtable conference was organized on Tuesday by the Kochi Metro Rail Limited. This meeting focused on the initiatives of property development initiatives. Not just that, views of almost 40 companies was taken into consideration. All these companies belonged to the realty, hospitality and sector of infrastructure. The Kochi Metro Rail Limited has also spotted [...] Continue Reading »
