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Old October 27th, 2008, 03:24 PM   #61
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Don't know whether this has been already posted!!!!If yes,,pls do excuse me!!!


Zoom developers to build 100-storey office in Kochi
Published by Newsroom June 5th, 2008 in City Scape and Newsbytes.

Office BuildingIndia would soon have a 100-storeyed building. The New Delhi-based Zoom Developers has planned to build a 100-storey office complex in Kochi, Kerala.

At Rs 1 crore per acre, the 40-acre tract has been purchased by the Zoom Developers from the Kerala Industrial Infrastructure development (Kinfra) to build an international trade and convention centre at Kochi.

The 100-storey building developed as a part of the project will be around 1,640 ft (500 metres) in height. As per the mandate from the state government of Kerala the project should have convention halls and exhibition halls on an area of 2.5 lakh sq ft.

The mandatory requirements need to be completed by the end of this year. “The work is on full swing and we are confident of meeting the mandatory requirements by December 2008,” says Rumneek Bawa, managing director Zoom Infraestates. The total cost outlay of the project would be Rs 1,000 crore, which the company plans to fund through a mix of internal accruals and bank loans.

Zoom Developers has also roped in the Singapore-based CPG consultants for the architectural design of the project. The project will also include a five-star hotel comprising 31 floors and a total of 400 rooms. The unique 100-storey tower apart from offices would also have a shopping mall spread over six floors.

The other structures in the convention centre would include a trade centre, service apartments, restaurants, a post office, and a multilevel car parking.

The project will be completed in three phases. The first phase would involve the building of convention and exhibition halls, which will be completed by the end of this year. The second phase would involve the construction of a five-star hotel and shopping mall, while the third would involve completion of the office tower.

The development is located at a distance of 25 km from the Cochin airport and 26 km from the sea port.

Source: Financial Chronicle


http://propertybytes.indiaproperty.com/?p=2350
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Old October 28th, 2008, 08:19 AM   #62
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Malabar Property Show Showcases Finest Homes

DUBAI - The Malabar Property Show, the mega event showcasing the finest home options in Malabar begins on October 23, 2008 at Sheraton Deira, Dubai and closes on October 25. The show timings will be from 10 am to 8 pm.

This mega event brings together 16 master builders and their 1000 quality homes in Calicut, Kannur, Tellicherry & Malappuram, along with the easy finance options. This event will provide a great opportunity for home seekers. It is a unique opportunity for builders and buyers to come together and choose the finest home that matches their needs.

Ace Structures, Alfaone Builders, Alhind Builders, Apollo Build Tec (India) Pvt. Ltd., Crescent Builders, Cosmos Builders, Galaxy Builders, Hi-lite Builders, Calicut LandMark Builders, Malabar Builders, Prisunic Buiders Pvt. Ltd., PVS Aparments, Queens Habitat, Sea Star Holdings Inc, Seiken Proerties, Skyline Builders and Sreerosh Properties are the participants of the event.

The Malabar Property Show is organised by Kerala Builders Forum’s Calicut Chapter (KBF). KBF stands for the satisfaction of the customers and its members, promoting quality homes, business values and maintaining highest standards in building better homes. Above all, KBF fuels the development of the country and well being of the society.
Khaleej Times
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Old October 28th, 2008, 12:40 PM   #63
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- Suggest that this thread be used only for news which cannot be posted on any of the city-specific sub-forums or threads. Thanks!
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Old October 28th, 2008, 12:48 PM   #64
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Quote:
Originally Posted by Ajaypp View Post
- Suggest that this thread be used only for news which cannot be posted on any of the city-specific sub-forums or threads. Thanks!
Well, Ajay this news is common for all districts in malabar, then i will hav to post this everywhere, instead of that y cant we post it here....if it was only kozhikode i would hav posted it under kozhikode projects, same as in the case of kannur.....from my i side i think its relevant here....
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Old October 30th, 2008, 12:14 PM   #65
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Overwhelming response at Malabar Property Show


The three-day property show organized by Kerala Builders Forum, Calicut Chapter, showcased some of the finest homes in Malabar

Dubai; October 30, 2008: The Malabar Property Show, the mega real estate exhibition showcasing the finest home options in Malabar, held in Dubai recently, received a tremendous response from investors and home-seekers in the UAE, the event organizers said. Being held at the Sheraton Deira Hotel in Dubai, the show witnessed an exponential growth in attendance & enquiries than ever before from the previous years.

The event, organized by Kerala Builders Forum (KBF), Calicut Chapter, showcased exclusive residential and commercial properties at Malabar region to provide home seekers and investors with a cost effective and influential platform to select the finest investment that meets their needs.

With over 16 master builders from the North Kerala real estate community showcased more than 1000 quality homes in Calicut, Kannur, Tellicherry and Malappuram, along with easy finance options, the Malabar Property Show provided a lucrative experience to investors intent on diversifying their portfolios, as well as first time home buyers and also those shopping for a holiday home in the tropical coastlines of Southern India.

Speaking on the event, Mr. K V Haseeb Ahamed, Chairman, Kerala Builders Forum, Calicut Chapter, said, "The event was a huge success. We witnessed a significant increase in the number of serious investors and individual home buyers this year. The Show provided home seekers with the security and comfort of channeling their life savings in purchasing their dream home from a group of trusted developers."

KBF stands for the satisfaction of the customers and its members, promoting quality homes, business values and maintaining highest standards in building better homes. Above all, KBF fuels the development of the country and well being of the society. IIM Events & Exhibitions is the event manager of the show at Dubai.

Ace Structures, Alfaone Builders, Alhind Builders, Apollo Build Tec (India) Pvt. Ltd., Crescent Builders, Cosmos Builders, Galaxy Builders, Hi-lite Builders, Calicut LandMark Builders, Malabar Builders, Prisunic Buiders Pvt. Ltd., PVS Aparments, Queens Habitat, Sea Star Holdings Inc, Seiken Proerties, Skyline Builders and Sreerosh Properties were the participants of the event.

Malabar is considered as the finest destination to live and invest. Needless to say, Calicut is fast emerging as the much sought after housing destination in Kerala. The unprecedented development in healthcare, education, hospitality, transportation and tourism make this destination the finest location to nest in. Presence of a number of world class hospitals have already turned it the best destination for healthcare. A bouquet of educational institutions of repute like IIM, NIT etc has turned Calicut into an educational hub.

Malabar is poised for amazing growth in the coming years with Calicut as its gate way. . The advent of Karipur International Airport has brought all the international airline majors here and all of them have started their operations at Calicut. The connectivity offered them has enabled Calicut to find its place on the global map.

Apart from Calicut airport, the Beypore port is also poised for major expansion along with other infrastructural projects like Calicut city roads improvement scheme, Kannur Airport, Convention centers and numerous tourism related projects. These infrastructural developments have prompted knowledge industries to take serious note of Calicut and Malabar in general and various IT infrastructural projects like Cyber Park, Advanced Technology Park, Kinaloor Satellite Township are already in the pipeline.

LINK
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Old October 30th, 2008, 12:23 PM   #66
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Quote:
Originally Posted by sanjupalayat View Post
Overwhelming response at Malabar Property Show


[I]LINK
Sanju, any idea about the project which we see in the above pic...looks like a massive one..where in malabar can such a big project can come...
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Old October 30th, 2008, 05:49 PM   #67
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Sanju, any idea about the project which we see in the above pic...looks like a massive one..where in malabar can such a big project can come...
That may be landmark acropolis...
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Old November 2nd, 2008, 02:55 PM   #68
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Real estate scenario in kerala.

image hosted on flickr
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Old November 3rd, 2008, 10:03 AM   #69
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Quote:
Originally Posted by sanjupalayat View Post
Well, Ajay this news is common for all districts in malabar, then i will hav to post this everywhere, instead of that y cant we post it here....if it was only kozhikode i would hav posted it under kozhikode projects, same as in the case of kannur.....from my i side i think its relevant here....
I was referring to the preceding post, Sanju! Cheers!
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Old November 3rd, 2008, 12:00 PM   #70
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Quote:
Originally Posted by Ajaypp View Post
I was referring to the preceding post, Sanju! Cheers!
Oh...ajay.....the one posted by CP about zoom developers project...well ajay have any idea about this zoom developers?
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Old November 4th, 2008, 02:16 PM   #71
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- Nothing much, Sanju. These seem to act as a local partner for foreign firms interested in investing in India as well as developing projects on its own. The project mentioned has not taken off, even long after its much-touted start date. So let's wait and see if anything transpires, hope something does happen.
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Old November 5th, 2008, 07:34 PM   #72
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Kerala confirms land for plant in Kasaragod

The Kerala government has confirmed the availability of 2,000 acres of land for the development of the proposed 1,600-mw thermal power project in Cheemeni village of Kasaragod district. Kerala is facing acute power shortfall and is developing the coal-based power station to fill the demand-supply gap. The project is estimated to cost Rs 8,000 crore.

Kerala State Industrial Development Corporation Ltd has been selected as the nodal agency and bid manager for development of this power plant. KSIDCL and Kerala State Electricity Board are in the process of setting up an SPV for the project. KSEB will enter into a PPA with the SPV for purchase of 1,000 mw of power at a tariff to be arrived at through bidding process.

Meanwhile, KSDICL has initiated the process to undertake environmental impact assessment study for the project. Following the transfer of land to the SPV and obtaining environmental and other regulatory clearances as well as coal linkage, the corporation will take the competitive tariff based bidding route to select the private investor. The Kerala government, through its agencies including KSEB, will hold 26 per cent equity in the SPV.

The power project will consist of two units of 880 mw each. A total of 9 million tpa of coal has been envisaged for the project, for which KSIDCL has applied to the coal ministry. Coal for the project is likely to be supplied from Mahanadi Coalfields Ltd.

Source: http://www.projectsmonitor.com/detai...17286&secid=32
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Old November 9th, 2008, 11:55 AM   #73
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Rs.6,000 crore Malaysian Investment to Kerala

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Originally Posted by rahulclt View Post
Malaysia keen on Indian satellite city project
KOZHIKODE, Nov 9 - Malaysian Minister for Public Works Datuk Mohamed Zin Mohamed said here that the Malaysian government was keen on investing Rs.6,000 crore for the development of a satellite city at Kinalur estate, near Balussery, in the district.

Talking to journalists after visiting the 275-acre site, he said his government proposed to invest the amount for development activities in a span of seven years.

The satellite township would include knowledge-based industries, medical city, education city and infotainment. The project is proposed to be completed in four phases. Entrepreneurs in Malaysia have also evinced interest in the projects, he said.
Mohamed Zin said a report based on his visit would be submitted to the Malaysian government.

The Malaysian government had recently given technical clearance for a proposal based on the Memorandum of Understanding (MoU) signed between the State government-owned Kerala State Industrial Development Corporation (KSIDC) and the Construction Industry Development Board
(CIDB), a statutory body established in Malaysia, for setting up a Rs.2,500-crore satellite city at Kinalur Estate in September 2007.

Now the proposed investment has been raised from Rs.2,500 crore to Rs.6,000 crore.

Mohamed also said that the Malaysian government was eager to invest in other projects as well in the State. It would foster better relationship and growth between the two countries.

A.K. Saseendran, Balussery MLA; District Collector A. Jayathilak; KSIDC and CIDB officials also accompanied him during his visit to the estate.

Last year, CIDB chief executive officer Datuk' Ir. Hamzah bin Hasan and KSIDC managing director P.H. Kurian had signed the MoU in the presence of Minister for Industries Elamaram Karim and Malaysian Minister for Works Dato' Seri S. Samy Vellu.

Then the Malaysian government had proposed that it would set to set up infrastructure projects at a cost of Rs.500 crore and attract investments from that country worth Rs.2,500 crore in industrial and commercial activities after studying the feasibility report.

The project, if implemented, would provide jobs to 25,000 skilled and semi-skilled people.

Datuk Seri Samy Vellu had then also suggested the construction of a dedicated road from Kozhikode to the project location in Kinalur.

A proposal had then come up for setting up condominiums as well as office complexes on a 50-acre plot near the Karipur airport to cater to the needs of information technology professionals and businessmen.
http://www.themalaysianinsider.com/i...e-city-project
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Old November 12th, 2008, 10:31 AM   #74
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Kerala emerging ideal destination

THIRUVANANTHAPURAM: There seems to be some bright light at the end of the tunnel. In spite of the global meltdown there is good news for the state. The Venture Capital Summit 2008 which concluded here on Tuesday opined that Kerala is fast emerging as the ideal destination for the Venture Capital Community. The summit, held with the theme `Financing the Knowledge Economy in Kerala,’ was organised by the Group of Technopark Companies (GTECH) in association with the Department of Information Technology, Kerala State Industrial Development Corporation (KSIDC) and Technopark.

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Old November 14th, 2008, 07:18 PM   #75
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Signature of Kerala on Moon !!!



Cheers !!!
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Old November 18th, 2008, 08:22 AM   #76
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Gold Trade Booming in Kerala, India - Monday 17th November 2008

Gold continues to be the most traded commodity in the southern Indian state of Kerala. The word recession has got nothing to do with it.

Kerala accounts for 20% of India's gold consumption annually...and India in turn accounts for about one-fifth of the world's annual gold sales. According to the Kerala Jewelry Manufacturers Association, the state is these days turning out to be one of the hottest destinations in the country for retail jewelry trade thanks to the ever-increasing demand and overall economic growth.

"Jewelry retailers from Mumbai, Gujarat, Jaipur and various other places are flocking to Kerala to tap the lucrative market here," says Association chief-patron P.V.Jose. He says that besides gold jewellery, outsiders are attracted to Kerala thanks to the huge demand for unconventional ornaments such as kundan jewelry (an ancient form of jewelry, using gold foil between gem stones and an enamel mount), filigree work (fine gold thread and wire), and stone-set jewelry.

Major players apart, small and medium scale retailers have sprung up all over the state, Jose goes on. The big business establishments in gold jewellery are already reaping the benefits of retail trade by way of huge increase in business, he adds.
  • Kerala has the largest number of gold jewelers in India.
  • About 500 kgs of gold jewelry is manufactured in Kerala each year, and a third of this is sold to sellers outside the state.
  • There are more than 5,000 gold jewelry and Gold Bullion retailers in Kerala, in addition to nearly 40,000 artisans engaged in the industry.
  • Thrissur continues to be one of the hubs of jewelry manufacturing in southern India, and it accounts for 3,000 large- and medium-sized factories and workshops.
  • The gold jewelry industry employs around 200,000 people directly and indirectly.

Around 150 top retailers and wholesalers participated in the Kerala Gem and Jewellery Show 2008 that organized from November 14-16 in Kochi.

According to P.T.Cherian, president of the All Kerala Gold and Silver Merchants' Association, gold is the central commodity for Kerala's economy. The show was organized in association with the global marketing group, the World Gold Council (WGC).

Buying Gold ornaments and Gold Investment has been part of the culture of Keralites for generations. Now Arrens Gold Souk International Ltd, a real estate developer, is setting up a shopping mall across 2.5 acres of prime-location land in Kochi, and one of the main features will be gold ornament showrooms.

In tune with the changing tastes of the younger generation, India's jewelers are also innovating with newer light-weight designs. White gold is also a favorite of the upper income consumers. In Kochi, customers seem to prefer chic western designs in "yellow gold" (an alloy of gold and copper), as well as "white gold" (mixed with nickel) and "pink gold" (gold with a rhodium polish).

More traditional jewelry is still in demand for wedding gifts and decoration. In Thiruvananthapuram, for instance, conventional jewelry with a contemporary twist reigns supreme.

Indian families invest in gold mainly for wedding dowries and gifts. But the metal also comes handy when in need of a loan. Banks are now eager to provide "gold loans" which are less risky than other types of retail loans. And the booming yellow metal market also gave a golden opportunity for several banks to cash in on. Even private banks such as ICICI and Federal Bank could sell of their entire consignments of Gold Coins within a short period of time, as retail investors rushed to take advantage of the recent sharp falls in prices.

Kochi is slowly emerging as the gold capital of Kerala. Bhima, Alapatt, Josco, A Geeripai, Keertilal, Tanishq and Kalyan have already covered the city with the yellow metal. The construction work of a gold souk is in full swing. Major jewelers from outside Kerala are also expected to invade this growing market. Kozhikode and Kannur remain attractive destinations for India's gold traders, too.
Link
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Old November 19th, 2008, 06:49 PM   #77
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Isaac proposes Rs 8,550 cr


Quote:
Finance Minister Thomas Isaac has agreed to a Plan size of Rs 8,550 crore for 2009-10.

Planning Board vice-chairman wants it to go up to Rs 10,000 crore, being the election year.

The first official meeting with the Planning Commission will take place in Delhi on Friday to discuss matters such as resources allocation and state resource mobilisation as part of finalising the Plan size. Originally, the Finance Minister had proposed only a size of Rs 8,300 crore. After discussions with the Planning Board, it was increased to Rs 8,550 crore.

But, taking into consideration the scope of additional resource mobilisation, Prabhat Patnaik proposed a hike of another Rs 750 crore which is under discussion.

There are certain factors that make the State confident of increasing the Plan size by Rs 2,500 from the current year’s Rs 7,500 crore.

Following the crisis in the big money market, investment in small savings deposits is showing a buoyancy in many other states. Hence there is a possibility to borrow from the open market.

The State is also expecting an increased pre-plan outlay and more support from agencies such as Nabard. As part of additional resource mobilisation, there is a move to increase the plinth area-based one-time building tax for new buildings.

Currently the collection of this tax through the District Collectors is being done excellently. It may add up to the overall revenue prospects.

The state hopes to get the Plan size finalised before January.

Once the discussions with the Planning Commission are over, the final proposal will again go to the State Planning Board and then to the Cabinet for the final stamp.
source expressbuzz.com
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Last edited by phaedrus; November 19th, 2008 at 06:57 PM. Reason: i dont owe you an explaination
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Old November 20th, 2008, 06:44 PM   #78
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Fresh plan for Vizhinjam land acquisition

Thiruvananthapuram, Nov. 19 The Kerala Government has cancelled the original notification for acquiring 1,088 hectares for the development of basic infrastructure for the proposed international container transshipment terminal at Vizhinjam, near here.

The State Cabinet, which met here on Wednesday, approved acquisition of 120 hectares for the purpose, setting at rest the controversies raised by the original notification.

The Chief Minister, Mr V.S. Achuthanandan, told newspersons after the Cabinet meeting that the Government wanted to launch the project at the earliest and it was doing everything to speed up the development of the required infrastructure for the project.

The earlier notification for acquisition of 1,088 hectares of land for the development of infrastructure, such as roads, rail connectivity and work yard, had led to widespread complaints from the residents of the area, who demanded transparency in the whole procedure. Later, the Government appointed a high-level committee, headed by the Chief Secretary, to look into the matter and submit a report.

The new land acquisition plan was approved after taking into account the report of the high-level committee.

The earlier acquisition notification was based on a report prepared by the Kerala Industrial and Technical Consultancy Organisation (KITCO). The Government will conduct a probe into how the agency came to the conclusion that 1,088 hectares of land was required for infrastructure development.

Source: http://www.thehindubusinessline.com/...2051082100.htm
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Old November 21st, 2008, 05:41 AM   #79
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EKM's loss Malabar's Gain...

[IMG]http://i35.************/k1qovc.jpg[/IMG]

Sky-high land rates @ Kochi is pushing back industrialists and are moving to malabar and other parts of the state.

Last edited by vinodtnt; November 21st, 2008 at 05:53 AM.
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Old November 21st, 2008, 06:43 AM   #80
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Quote:
Originally Posted by vinodtnt View Post
[IMG]http://i35.************/k1qovc.jpg[/IMG]

Sky-high land rates @ Kochi is pushing back industrialists and are moving to malabar and other parts of the state.
They are talking abt SSIs. Still many high end industries are coming up in kochin. BEL, HAL, Nest EPV solar, Toshiba (transformer manufacturing) all are in final staging of setting up units there. Many non- IT SEZs are coming up in cochin icnluding TCG's Biotech Park and AGS's Gold and Jewellery SEZ.
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