Kochi
KOCHI: Maradu municipality is expected to obliterate two illegitimate apartment associations – Jains Coral Cove and Golden Kayaloram – on January 11 as upon the more initial settlement to obliterate the two buildings on January 12. It was initially chosen to obliterate Holy Faith H2O and Alfa Serene on January 11 and the additional two buildings [...] Continue Reading »
The real estate companies based around Bangalore namely Puravankara, Prestige and many other are planning to set foot in other cities such as Mumbai or Pune and rule over other southern cities as well, including Mangalore, Hyderabad or Chennai for further growth. Prestige undertakes about 85% of the major projects of Bangalore in expecting a [...] Continue Reading »
Delay in the delivery of flat forced a Kochi based builder to pay 16 Lakh to the buyer A Kochi based builder has been penalized by KSCDRC or the Kerala State Consumer Disputes Redressal Commission as it failed to deliver a flat to the resident of the city. KS Vishnu, the complainant approached the Kerala [...] Continue Reading »
Dubai-based Emke Group is set to roll out Rs 700-crore investments in IT and logistics infrastructure in Kerala this year.They had already invested Rs 1,200-crore in Lulu mall in Kochi, and this is their second investment in India. This clearly shows that the real estate foreign investments are increasing and Arun Jaitley FDI plans are taking [...] Continue Reading »
In a Wednesday press release, Kochi Metro Rail Ltd (KMRL) has revealed that it will sign a term loan agreement with Canara Bank in Kochi on July 20. The KMRL-Canara bank loan agreement will be signed for an amount of Rs 1,170 crore. The term of the loan will be 19.5 years, with a 7-year [...] 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 »
Six IT companies which are UST Global, Trans Asia, Claysys Technologies, Syscon Group, Brigade Enterprises and Media Systems will set up campuses in Kochi’s 160-acre Infopark Phase II project. Ferston Infratel Pvt Ltd and Abad Builders are also jointly developing this IT infrastructure facility and the expenses are expected to be Rs. 2500-crore. Industries and IT [...] Continue Reading »
Inkel Ltd made a strong bid in the hope of asking non-polluting businesses to set shop in Kerala, which was a hit with many eco-friendly ventures wanting to join the bandwagon on the Tower I facility located at Angamaly. This is a campus which would be for only non-polluting industries, for example; Logistics IT and [...] Continue Reading »
The Kerala Chamber of Commerce and Industry (KCCI) today has advised the state government to sufficiently recompense the commercial and industrial formations functioning in the areas falling under the Kochi metro rail project for the loss being underwent by indebted to the metro rail works. The state government had not kept the promises given by [...] Continue Reading »
The world famous hospitality player Starwood Hotels & Resorts is planning to launch its luxury brands St Regis and W Hotels in India to meet the demand of the Indian market. With the launch of this brand in India, Starwood will have eight out of its nine brands in India. Mr. Dilip Puri, managing director [...] Continue Reading »
