Kerala
SD Shibulal’s, Infosys co-founder and CEO, a private limited company that deals with his family wealth, is increasing its hospitality along with its real estate business by investing R130 crore. The family office including his family’s holdings in Infosys, runs a resort in Coorg, Karnataka called ‘The Tamara’, a 56-room luxury property, which manages around [...] Continue Reading »
Five main port operators have shown interest in the global tender floated by Vizhinjam International Seaport Ltd (VISL). The operators who have shown interest in tender are Gammon Infrastructure Projects; the Hyundai-Concast consortium; Essar Ports; Adani Ports; and Srei-OHL, a consortium of Srei Infra and Spanish construction company Obrascón Huarte Lain. VISL had asked for [...] Continue Reading »
In the press release issued by the management of the Lulu Mall on its first anniversary in Kochi, it is being touted as the most famous shopping place in city. During last year, more than 2 crore people visited that mall. The management of mall also added that they have paid 34 crore as a [...] Continue Reading »
Over 3,000 sq km environmentally fragile land in Kerala’s Western Ghats region has been exempted by Environment Ministry from the category of Ecologically Sensitive Areas (ESAs) demarcated by a high-level central government panel. Earlier, High Level Working Group on Western Ghats headed by K Kasturirangan had recommended that 13,108 sq km should be declared as [...] Continue Reading »
The Kerala government recently launched a new housing scheme, giving aid to widowed and divorced women of minority religions. At a function held at the Collectorate in Mallapuram, Minister for Urban Affairs and Welfare of Minorities minister, Manjalamkuzhi Ali inaugurated the first installment of the housing aid distribution. He also said that more beneficiaries would [...] Continue Reading »
The government in Kerala may acquire excess land in the possession of citizens for implementing its zero-landless project in the state, chief minister Oommen Chandy hinted on Sunday. The chief minister said the government has sufficient revenue land in Kannur and Kasaragod districts of the state. “This is not the case in other districts. Authorities there [...] Continue Reading »
Kerala is doing its bit to attract private players to partner in the implementation of 100 urban projects. Most of the projects listed are situated in urban centres, Manjalamkuzhi Ali, Minister for Urban Affairs, said. Some of them are development of Sakhthan Nagar in Thrissur (Rs 700 crore); Palayam (Rs 865.6 crore) and Big Bazar [...] Continue Reading »
Kerala- Kerala government has sent a request to Federal government to include Non-resident Indians (NRIs) in Aadhaar card plan. The Chief minister of Kerala sent this request to Federal United Progressive Alliance government at the on-going Pravasi Bharatiya Divas on January 9, 2013. He wanted to consider this request after the process was completed for resident Indian citizens. [...] Continue Reading »
Prospering real estate market of India is a great option for investment for builders and buyers too. If any prime developmental work or new project such as a tech park, an airport, a railway station, a metro work, or a special economic zone (SEZ) is upcoming in an area, then immediately the price of properties [...] Continue Reading »
Confederation of Real Estate Developers Association of India (CREDAI) Kerala is organising the first ever state conference, ‘CREDAI STATECON 2012‘ for the builder fraternity of the state on September 8, 2012 at Kochi. CREDAI Kerala was formed in the year 2010 and has 4 chapters at Thiruvananthapuram, Kochi, Thrissur and Kozhikode and nearly 160 members. [...] Continue Reading »
