Emerging Kerala - Biennial Global Connect
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Emerging Kerala is planned as a biennial Global Connect, the first being 'Emerging Kerala 2012' scheduled to be held from 12th – 14th September 2012 at Le Meridien Convention Centre, Kochi, Kerala. The Hon'ble Prime Minister of India, Manmohan Singh would inaugurate the three-day investment summit.
The event is organised by the Kerala State Industrial Development Corporation (KSIDC) with the support of the Government of Kerala (GoK), in addition to various Trade and Industrial bodies. The Confederation of Indian Industry (CII) and National Association of Software & Services Companies (NASSCOM) are event partners.
Website: www.emergingkerala2012.org
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Good Thread!!!! Surely, we are shouting to the world
We are ready for your safe Investments in Kerala
We are ready for your safe Investments in Kerala
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The govt can press hard for world's largest sovereign Fund- Abu Dhabi Investment Authority- ADIA to be partner for HSR.... Recently ADIA has expressed its interest in many transportation projects in India, including Namma Metro etc....
With support of Yousaf Ali, whose partner is none other than the Crown Prince of Abu Dhabi and Brother of Chairman of ADIA, surely its not an herculan task for pressing Abu Dhabi's support into the project.
The govt can press hard for world's largest sovereign Fund- Abu Dhabi Investment Authority- ADIA to be partner for HSR.... Recently ADIA has expressed its interest in many transportation projects in India, including Namma Metro etc....
With support of Yousaf Ali, whose partner is none other than the Crown Prince of Abu Dhabi and Brother of Chairman of ADIA, surely its not an herculan task for pressing Abu Dhabi's support into the project.
We don't need to compare with Dubai or Shanghai. But definitely Emerging Kerala shall gift many new projects for our state and Kochi being the state's economic capital and major industrial hub, definitely it shall attract a sizeable/good chunk of proposed investments....
One or two failures are not bound to determine future.... GIM might not be a major success, but definitely it has done some contributions within its limits, in highly pessemistic Kerala that too 10 years back when people were more orthodox towards Private investments....10 years have really made its effect and today most of people have realized, we can't survive further with Gulf Remittances and public investments.... Naturally there are more chances for its better success rate....
One or two failures are not bound to determine future.... GIM might not be a major success, but definitely it has done some contributions within its limits, in highly pessemistic Kerala that too 10 years back when people were more orthodox towards Private investments....10 years have really made its effect and today most of people have realized, we can't survive further with Gulf Remittances and public investments.... Naturally there are more chances for its better success rate....
Since I was expecting someone soon to bash on this news, it was no surprise for me here....
Well, is it for first time, in History of Kerala, land filling done? How many projects came up, filling up land? I am not interested in city vs city feud, so not naming any specific....
I am not talking about Amucity in specific.... But a general attitude of Keralites.... Yes, I too have environmental concerns. But it doesn't mean, such concerns gets raised only when private people come up with projects, while if same done by govt makes prefect sense...
In this case, it was typical VS attitude, that blocked the project. Veegaland is already one of the major tourist attractions in the state and attracts more than 1000 visitors a day... If this land was developed 5 years back, more tourists would have flown in.... Rather the typical VS attitude of dogs will not eat grass nor let cows to eat it, made more loss...
As a result, Bangalore Veegaland became more prominent and star attraction than Kerala's... The prime loss was again to Kerala, not to Chittapilly family...
I would have appreciated, if govt has done more farming initiatives and shows way to Malayalees, that cultivation still makes good profits, if used properly. Rather nothing is done and making large barren lands infested with snakes or other creatures. Either make profitable agriculture or use it for something equally good... How long we can depend foreign remittances?
When we make laws, we should provide opportunities to make best use of it. Rather blind copying of western sensibilities into an environmental challenging state like Kerala and opposing private ventures in name of socialist legacy anyway not good for our state......
Well, is it for first time, in History of Kerala, land filling done? How many projects came up, filling up land? I am not interested in city vs city feud, so not naming any specific....
I am not talking about Amucity in specific.... But a general attitude of Keralites.... Yes, I too have environmental concerns. But it doesn't mean, such concerns gets raised only when private people come up with projects, while if same done by govt makes prefect sense...
In this case, it was typical VS attitude, that blocked the project. Veegaland is already one of the major tourist attractions in the state and attracts more than 1000 visitors a day... If this land was developed 5 years back, more tourists would have flown in.... Rather the typical VS attitude of dogs will not eat grass nor let cows to eat it, made more loss...
As a result, Bangalore Veegaland became more prominent and star attraction than Kerala's... The prime loss was again to Kerala, not to Chittapilly family...
I would have appreciated, if govt has done more farming initiatives and shows way to Malayalees, that cultivation still makes good profits, if used properly. Rather nothing is done and making large barren lands infested with snakes or other creatures. Either make profitable agriculture or use it for something equally good... How long we can depend foreign remittances?
When we make laws, we should provide opportunities to make best use of it. Rather blind copying of western sensibilities into an environmental challenging state like Kerala and opposing private ventures in name of socialist legacy anyway not good for our state......
എമര്*ജിങ് മറിമായം
വയല്* നികത്താനുള്ള പുതിയ തന്ത്രം.
Amucityയുടെ പേരുമാറ്റി Science Park എന്നാക്കി
I don't think, all projects in Emerging Kerala are concentrated in Kochi. Rather many are distributed. We are not following Karnataka or AP model.
Some projects needs to be in Kochi, as its infrastructure supports it. Say, Petrochemicals etc. Whereas how can Kochi think about a large Bio park or Spice Park? Definitely such initiatives has to come to places suitable for it, say Idukki or Wayanad....
If we look, most of cities have one or two mega projects and a couple of regular projects. Say Kannur airport or Kasargod Chemmani unit or Kollam Technopark or Wayanad Animal Husbandry Park etc are some good sized projects, which generates more larger economy/multiplier effects for the region.
One cannot think, Petrochemical park to be started in Idukki or Pathanamitta....
Some projects needs to be in Kochi, as its infrastructure supports it. Say, Petrochemicals etc. Whereas how can Kochi think about a large Bio park or Spice Park? Definitely such initiatives has to come to places suitable for it, say Idukki or Wayanad....
If we look, most of cities have one or two mega projects and a couple of regular projects. Say Kannur airport or Kasargod Chemmani unit or Kollam Technopark or Wayanad Animal Husbandry Park etc are some good sized projects, which generates more larger economy/multiplier effects for the region.
One cannot think, Petrochemical park to be started in Idukki or Pathanamitta....
Why should I explain, when we Kochinites saw blocking most of our city's projects during his reign? Perhaps the famous Vazha Vettal incidents of his, magnifies his basic attitude- Dogs donot eat grass nor let cows eat so.....
If he was sincere, he should show before Malayalees, how to make profit thro' paddy cultivation, rather making Kavala prasagams for protection of wetlands.....
However Chemmini has a major potential for next big industrial estate of the state. Along with LNG Plant, it can fuel more industries in the region. Mangalore port will act as a catalyst....
However in few news media, we see some idiots questioning the need of more land for Chemmini, for Power Plant.....Surely they ignore, such land can help transform one of Kerala's backward district into powerhouse of industries.
If he was sincere, he should show before Malayalees, how to make profit thro' paddy cultivation, rather making Kavala prasagams for protection of wetlands.....
Kasargod getting refinery is very less, as you have one of the largest Petrochemical zone- Mangalore, just 50 kms away..... Even such proposals will never gets realized due to this.
However Chemmini has a major potential for next big industrial estate of the state. Along with LNG Plant, it can fuel more industries in the region. Mangalore port will act as a catalyst....
However in few news media, we see some idiots questioning the need of more land for Chemmini, for Power Plant.....Surely they ignore, such land can help transform one of Kerala's backward district into powerhouse of industries.
Its easy to say, emulate Gujarat model... But do you think, its practical in Kerala? Gujarat is a pure capitalist state. Most of its ports are developed by Private companies and each port zone acts like their own territory. For example, Jamnagar is a Reliance city, while Mundra is almost owned by Adani....
We find how difficult to conceive Aranmula, India's first fully Private Airport, citing wetland..... If CIAL is developed over Wetland area, whats wrong with Aranmula? People still harp the erstwhile socialist legacy that only govt has to do all these.....
I do support Modi's Development agenda for Gujarat, though I am against his religious attitude.... But such actions are impractical in Kerala, as long as we keep with erstwhile socialist attitudes......
We find how difficult to conceive Aranmula, India's first fully Private Airport, citing wetland..... If CIAL is developed over Wetland area, whats wrong with Aranmula? People still harp the erstwhile socialist legacy that only govt has to do all these.....
I do support Modi's Development agenda for Gujarat, though I am against his religious attitude.... But such actions are impractical in Kerala, as long as we keep with erstwhile socialist attitudes......
But his actions was Kochi not part of Kerala itself..... :lol:
Ahmedabad is a major industrial city. Can you tell, how many PPP or govt projects make so? 90% of the business of the city is generated thro' pure private enterprises. Gujarati culture is a business culture. Its a pure capitalist society. Hence they do able to generate multiple wealth centers.... Even to a great extend, Kochi's success is because of Gujarati population in the city, who controls 60% of spice and fisheries trade in the city
As I said before, Jamnagar, Mundra and upcoming Dholvera etc are pure private initiatives..... Large tracts of land owned by private individuals and mega townships and industrial projects made up. The state is ruled by a leader with iron fist.... It combines best of Single man leadership coupled with business culture....
None of these factors ever existed or will consider in a highly decentralized state with extreme socialist leanings.....
I found say, its more better to consider TN as model than Gujarat, as far as Kerala is concerned.... They too have done much strives in decentralizing its resources and creating multiple centers of growth, along with PPP and govt sponsored initiatives.
As I said before, Jamnagar, Mundra and upcoming Dholvera etc are pure private initiatives..... Large tracts of land owned by private individuals and mega townships and industrial projects made up. The state is ruled by a leader with iron fist.... It combines best of Single man leadership coupled with business culture....
None of these factors ever existed or will consider in a highly decentralized state with extreme socialist leanings.....
I found say, its more better to consider TN as model than Gujarat, as far as Kerala is concerned.... They too have done much strives in decentralizing its resources and creating multiple centers of growth, along with PPP and govt sponsored initiatives.
Sobha is one of most respectable groups in India. They have done N number of projects across India, particularly Bangalore. They were even invited Diwan of Oman Sultanate for several leading Govt projects in Muscat as well as in Dubai. How come it became Shady in Kerala?
Yes, the question was there was some mangroves in the area... In that case, compensatory new mangrove area can be considered, rather blocking the project itself....
It was he as well as congress who blocked Cybercity and kept in freezer for some long time, to reach a point when HDIL get into recession effects. HDIL has created more than 50 million sqft built up area in India, including largest slum rehabilitation project....
If he was believing, Smart city is concevied as crooks, then why not he cancel the deal and do something which he believed right? He prolonged it and ended up into recessionary effects....
Many projects like Amucity, Electronics city etc were blocked by his idiotic ideologies... He wanted to clear encroachments in MG Road, but no idea what to be done, by half clearing it.... Put a concrete idea and do it, rather making it into a warzone and stopping inbetween.
In this way, he represents the typical attitude of the proverb, I says so... He is a man of principles and ideology, not a visionary or statesman or good administrator....
So, his attitude in few were right, in case of Kochi Metro or forming idea of HSR etc....But still, it won't justify many other idiotic erstwhile socialist ideologies which he clamored for long time. One should take the middle path when the world is moving fast....
Yes, the question was there was some mangroves in the area... In that case, compensatory new mangrove area can be considered, rather blocking the project itself....
It was he as well as congress who blocked Cybercity and kept in freezer for some long time, to reach a point when HDIL get into recession effects. HDIL has created more than 50 million sqft built up area in India, including largest slum rehabilitation project....
If he was believing, Smart city is concevied as crooks, then why not he cancel the deal and do something which he believed right? He prolonged it and ended up into recessionary effects....
Many projects like Amucity, Electronics city etc were blocked by his idiotic ideologies... He wanted to clear encroachments in MG Road, but no idea what to be done, by half clearing it.... Put a concrete idea and do it, rather making it into a warzone and stopping inbetween.
In this way, he represents the typical attitude of the proverb, I says so... He is a man of principles and ideology, not a visionary or statesman or good administrator....
I am not blaming him, all.... For some projects, govt support is required. Say Metros, HSR, roads, highways where gestation is long. Though I basically support private initiatives, I don't support PPP in all, where longer periods of gestation required.
So, his attitude in few were right, in case of Kochi Metro or forming idea of HSR etc....But still, it won't justify many other idiotic erstwhile socialist ideologies which he clamored for long time. One should take the middle path when the world is moving fast....
Why should we worry for Aranmula, as long as it donot cost people's money... If the private investors, including Reliance can build up a world class airport using their money, why should we deny it? An Airport always creates multipler effects and as a growing economy like ours, we can support multiple airports.
Recently CAPA rated Kerala, one of the best states in terms of aviation policy, as none of our airports will face issues of congestion atleast in next 25 years, due to centralized policy. If Aranmula airport can support the region, in a way it will help CIAL and TIA, running out of space considering future demand. All airports will be kept with right optimum crowd, while better mobility and multiplier effects
I don't think, we should never ever allow a Mumbai model congested airport in anytime. Rather multiple international airports will do better...
Recently CAPA rated Kerala, one of the best states in terms of aviation policy, as none of our airports will face issues of congestion atleast in next 25 years, due to centralized policy. If Aranmula airport can support the region, in a way it will help CIAL and TIA, running out of space considering future demand. All airports will be kept with right optimum crowd, while better mobility and multiplier effects
I don't think, we should never ever allow a Mumbai model congested airport in anytime. Rather multiple international airports will do better...
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I agree fully to it... We have to change and come out of the socialist leanings... Must embrace capitalism to fully extend and consider a strong decentralized approach. As a Kochinite, even I don't support all investments in my city, as currently itself we are suffering terrible road congestion and water issue. We definitely donot want to add more to it..... At the same, Kerala's commercial capital do require to match up to other metros of the country and hence must expand both its facilities and opportunities.....
I agree fully to it... We have to change and come out of the socialist leanings... Must embrace capitalism to fully extend and consider a strong decentralized approach. As a Kochinite, even I don't support all investments in my city, as currently itself we are suffering terrible road congestion and water issue. We definitely donot want to add more to it..... At the same, Kerala's commercial capital do require to match up to other metros of the country and hence must expand both its facilities and opportunities.....
When CIAL was proposed, there was a question whats the need of a second airport in Kerala.....Calicut also had faced similar question. Many people still ask the relevance of Kannur airport, when you have 2 airports within 200 Km radius of Kannur...
I don't understand, why can't the same logic of Kannur, be applied for Aranmula? Just because Aranmula is a fully private inititative, we are not trusting. While Kannur is a govt sponsored project.... So big cheers for it...
Just like Kannur, Pathanamitta has a very large number of NRKs. Its the hub of pilgrim tourism in Kerala, with key destinations like Sabarimala, Aranmula and Maramon located near to it.
Naturally it can afford to have its own catchment crowd.... If Dubai and Sharjah can co-exists within radius of 25 Kms, why not Cochin/Trivandrum and Aranmula when its more than 100 kms away....
We are not following any Delhi/Mumbai model of airport? Naturally let Aranmula compete with CIAL or TIA and fittest will definitely survive... Competition is always better and will help CIAL also to more aggressive.... I am a CIAL Fan, but that doesn't mean I wish to see my airport getting its crowd due to monopoly... Let it compete with a private player and enlarge its position....
Investors who invest in the project, look for its viability. A major company like Reliance won't be ready to invest in the project, without knowing its financial viability... As long as it donot cost state treasury, whats wrong with it?
I don't understand, why can't the same logic of Kannur, be applied for Aranmula? Just because Aranmula is a fully private inititative, we are not trusting. While Kannur is a govt sponsored project.... So big cheers for it...
Just like Kannur, Pathanamitta has a very large number of NRKs. Its the hub of pilgrim tourism in Kerala, with key destinations like Sabarimala, Aranmula and Maramon located near to it.
Naturally it can afford to have its own catchment crowd.... If Dubai and Sharjah can co-exists within radius of 25 Kms, why not Cochin/Trivandrum and Aranmula when its more than 100 kms away....
We are not following any Delhi/Mumbai model of airport? Naturally let Aranmula compete with CIAL or TIA and fittest will definitely survive... Competition is always better and will help CIAL also to more aggressive.... I am a CIAL Fan, but that doesn't mean I wish to see my airport getting its crowd due to monopoly... Let it compete with a private player and enlarge its position....
Investors who invest in the project, look for its viability. A major company like Reliance won't be ready to invest in the project, without knowing its financial viability... As long as it donot cost state treasury, whats wrong with it?
Reports, could and couldn't be true.... Just like few can always dismiss reports of NONORAMA, same gets applicable...
Now a days, a few sections of media are controlled by vested interests, and information gets distorted in their favour.... It may be positive for few, negative for others... However getting neutral information from media is too rare now a days...
For example, for past few days, Asianet is getting against Emerging Kerala and many projects... For example, they say Kochi Metro is also put for PPP...
Its listed in Emerging Kerala, but definitely not for PPP. There are many areas of Kochi Metro, where private investors can do B2B... Say rolling stock, terminal designing, property development etc. How can you say PPP, when already a JV Company formed for KOMET?
So these kind of mis-informations happens on media, purposefully... Since Brittas came to Asianet, we see lot of news in favour of his bosses, though he could not try to make into a mini-Kairali.......
Now a days, a few sections of media are controlled by vested interests, and information gets distorted in their favour.... It may be positive for few, negative for others... However getting neutral information from media is too rare now a days...
For example, for past few days, Asianet is getting against Emerging Kerala and many projects... For example, they say Kochi Metro is also put for PPP...
Its listed in Emerging Kerala, but definitely not for PPP. There are many areas of Kochi Metro, where private investors can do B2B... Say rolling stock, terminal designing, property development etc. How can you say PPP, when already a JV Company formed for KOMET?
So these kind of mis-informations happens on media, purposefully... Since Brittas came to Asianet, we see lot of news in favour of his bosses, though he could not try to make into a mini-Kairali.......
So were Unitech, Essar et al. :lol:
There was a report on Hitech city in a weekly a couple of years ago. They had published the 'requests' made by Sobha to ministry of industries (This was not held by VS
A couple of those are like
1. 4 lane highway should be constructed by GOK with entire funding from govt. coffers.
2. Provision to reclaim land.
3. Dumping of waste in backwaters especially drainage etc
And top of it they didn't even have any master plan about the project, projection on employment generation etc.
P.S: They were also allegations about the land registration. Around 15 companies were holding the land with a controversial real estate broker
Now regarding Cybercity, It was more of a real estate project than a IT township. The land given to HMT was industrial land and land usage pattern proposed by HDIL was skewed towards apartments than the IT office buildings.
There are two type of Need... Some are organic-urgent etc.. Some are created... Say having a food for a hungry is an organic need, while having KFC is an induced need....
When Kerala didn't have any airport, there was an organic need for one such. Other needs were induced needs... Other states in India like Karnataka, AP all function with one major airport. But not case of Kerala, as we have strong decentralized system and one airport in one city didn't caters needs of others... So induced need came into place.....
Has CIAL affected TIA's growth ever? TIA only grew more, even after CIAL opened. Perhaps AAI's operations might have not made it to fully potential. Yet, it grew.
Similarly KIAL will not threathen CCJ... Surely it can reduce congestion in CCJ, but definitely both will grow only.... Perhaps, like CIAL, KIAL might do better than CCJ, as latter is an AAI airport.
Same logic, I find for Aranmula.... Its a private airport and definitely they will try make a traffic for themselves.... But it shall not affect CIAL or TIA in anymanner... May be it might prevent a congestion in both these airports, as traffic gets distributed much before.....
So, what, if the airport is 100% funded by KGS, naturally Reliance will have 15% stake in that.... I didn't hear KGS looking for another partner or consortium to partner with the project. So definitely it should be a 100% funding source from KGS... A 15% stake holder-Reliance definitely have a voice in the company and its proposed investment......
Question is, why should such an opportunity be denied? Its a private project and let it happen....
When Kerala didn't have any airport, there was an organic need for one such. Other needs were induced needs... Other states in India like Karnataka, AP all function with one major airport. But not case of Kerala, as we have strong decentralized system and one airport in one city didn't caters needs of others... So induced need came into place.....
Has CIAL affected TIA's growth ever? TIA only grew more, even after CIAL opened. Perhaps AAI's operations might have not made it to fully potential. Yet, it grew.
Similarly KIAL will not threathen CCJ... Surely it can reduce congestion in CCJ, but definitely both will grow only.... Perhaps, like CIAL, KIAL might do better than CCJ, as latter is an AAI airport.
Same logic, I find for Aranmula.... Its a private airport and definitely they will try make a traffic for themselves.... But it shall not affect CIAL or TIA in anymanner... May be it might prevent a congestion in both these airports, as traffic gets distributed much before.....
So, what, if the airport is 100% funded by KGS, naturally Reliance will have 15% stake in that.... I didn't hear KGS looking for another partner or consortium to partner with the project. So definitely it should be a 100% funding source from KGS... A 15% stake holder-Reliance definitely have a voice in the company and its proposed investment......
Question is, why should such an opportunity be denied? Its a private project and let it happen....
Well, while we talk about PPP, we are yet to know, how it should effectively work?
If Govt can hand over acres of land to CIAL, in which govt has less than 30%, why not similar actions with INKEL, which is formed for similar ventures.....
PPP means public-private participation, not PUBLIC DOMINATION over Private or vice versa.....
In Kerala, land is the issue. If govt thro' Inkel provides govt land, why not they develop and use it for better purposes.... Many of INKEL projects failing to take off, due to its PPP image, whereas KINFRA is given privilege of having land and welcoming investors....
Over years, the revenue department is becoming more orthodox and socialist, than moving towards a free market economy........
What we could achieve in 1995, we fail to recreate in 2015..... Pity on the paradoxes of Malayalee Psyche......
If Govt can hand over acres of land to CIAL, in which govt has less than 30%, why not similar actions with INKEL, which is formed for similar ventures.....
PPP means public-private participation, not PUBLIC DOMINATION over Private or vice versa.....
In Kerala, land is the issue. If govt thro' Inkel provides govt land, why not they develop and use it for better purposes.... Many of INKEL projects failing to take off, due to its PPP image, whereas KINFRA is given privilege of having land and welcoming investors....
Over years, the revenue department is becoming more orthodox and socialist, than moving towards a free market economy........
What we could achieve in 1995, we fail to recreate in 2015..... Pity on the paradoxes of Malayalee Psyche......
If the state proposes establishing PPP as the key tool for Kerala's industrialization, it must show the way, rather distrusting even govt initiated INKEL.... It will reflect in creating a distrust for other PPP ventures....
If a govt owned authority owned shopping centers like GCDA Marine Drive Center or the similar one in Trivandrum, in real shabbles and makes no use for none, its high time to trust more PPP ventures....
Mere keeping land and saying its high value is of no use... A real value must be derived out it....
If a govt owned authority owned shopping centers like GCDA Marine Drive Center or the similar one in Trivandrum, in real shabbles and makes no use for none, its high time to trust more PPP ventures....
Mere keeping land and saying its high value is of no use... A real value must be derived out it....
I disagree to it....
In Kerala, land has became a highly prized item, only because of land reforms act, by which land got extremely fragmented and each inch of land thus became costly. Only govt holds very large banks in prime area
If a business venture tries to buy out land from individuals, it would end up a mega disaster for the venture itself, as land prices will spiral up, as per whims of each individual seller to the buyer....
Govt lands, especially in prime areas, must be put into right use. I am not saying, it must be sold at damn cheap prices... But definitely you cannot put market tag, as market prices are determined by whims of small scale landowners....
Say, for Kochi Metro, in South Area, most of the bldgs are damn old. Being near to the railway station, normally land prices should depreciate as always Indian Railway are never realty price boosters. But in Kochi, we see individual land owners demanding even 1 crore per cent.... Market price was artificially fluctuated upon 60 to 70 lakh per cent, a price normally seen in major metropolis like Mumbai in prime areas.... How can a business venture acquire land there and start a firm? So even govt rates got fluctuated to 50 lakh per cent, something abnormal.
In this way, if a Mall wants to come up in 1 acre land, it would end up 50 crore just for land, while you can build up a Mall for more or less same value.
In this way, if we go strict policies, most of ventures will become unprofitable. So govt must come forward for collective support in providing land for ventures at better rates.
Hotels or commercial ventures coming in govt lands, as part of investment venture do make multiplier effects in society. They don't need to provide subsidized food or banquets etc. Its not free food, when you are empowering the society for buying it....
In Kerala, land has became a highly prized item, only because of land reforms act, by which land got extremely fragmented and each inch of land thus became costly. Only govt holds very large banks in prime area
If a business venture tries to buy out land from individuals, it would end up a mega disaster for the venture itself, as land prices will spiral up, as per whims of each individual seller to the buyer....
Govt lands, especially in prime areas, must be put into right use. I am not saying, it must be sold at damn cheap prices... But definitely you cannot put market tag, as market prices are determined by whims of small scale landowners....
Say, for Kochi Metro, in South Area, most of the bldgs are damn old. Being near to the railway station, normally land prices should depreciate as always Indian Railway are never realty price boosters. But in Kochi, we see individual land owners demanding even 1 crore per cent.... Market price was artificially fluctuated upon 60 to 70 lakh per cent, a price normally seen in major metropolis like Mumbai in prime areas.... How can a business venture acquire land there and start a firm? So even govt rates got fluctuated to 50 lakh per cent, something abnormal.
In this way, if a Mall wants to come up in 1 acre land, it would end up 50 crore just for land, while you can build up a Mall for more or less same value.
In this way, if we go strict policies, most of ventures will become unprofitable. So govt must come forward for collective support in providing land for ventures at better rates.
Hotels or commercial ventures coming in govt lands, as part of investment venture do make multiplier effects in society. They don't need to provide subsidized food or banquets etc. Its not free food, when you are empowering the society for buying it....
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