Land acquisition gathers momentum
Oct 22, 2013
Source : The Times of India

 

KOCHI: The district administration has decided to acquire land for the construction of 12 Metro stations on a war footing. The decision in this regard was taken at a meeting convened by the Kochi Metro Rail Ltd (KMRL) on Thursday. The administration has to acquire land in Aluva west, Thrikkakara north, Edappally south, Ernakulam and Poonithura villages.

Metro authorities have so far acquired land for constructing 10 stations. The state-level purchase committee (SLPC) will hold talks with land owners to fix the procurement price. The SLPC will later forward it to the state-level empowered committee for approval.

The administration has also decided to issue 4(1) notification to facilitate the acquisition of 125 acres in Aluva west. It will also issue a similar notification next month to take over 108 acres in Thrikakkara north for the construction of Metro village.

Meanwhile, Union minister K V Thomas and Delhi Metro Rail Corporation's (DMRC) principal adviser E Sreedharan held a meeting in Kochi on Friday to resolve the dispute over handing over a portion of the land leased to St Albert's College for Metro's operational control centre (OCC) at Kaloor.

Though the duo did not announce a decision, Thomas said he has conveyed the concerns of the college management to Sreedharan. The minister also held separate talks with representatives of the college management.

Latest Realty News

Corp's squad disbanded, illegal buildings flourish
Oct 21, 2013
KOCHI: The special squad constituted by the revenue wing of the corporation to check unauthorized constructions in the city was disbanded one-and-a-half years though it had unearthed 248 such instances in 2011. The corporation also failed to collect the fine slapped on building owners when it faced severe fund shortage.
Sobha Developers vaults post Q2 performance info
Oct 07, 2013
COIMBATORE/BANGALORE: Shares of real estate company Sobha Developers Ltd vaulted 9.18 per cent at the closing session with the company, defying the gloom surrounding the realty sector, indicated that it was on course to achieve its guidance with regard to saleable area and revenue for the current year.
Kochi Metro green drive
Oct 03, 2013
KOCHI: The Indian Green Building Council along with Kochi Metro Rail Ltd (KMRL) will conduct Kochi Metro Greenathon, a green building programme in association with various organisations in and around Kochi.
Asset Homes’ new property ready
Sep 25, 2013
THIRUVANANTHAPURAM: Asset Homes will hand over keys to 408 digital apartments spread in six towers at Asset Signature, its newest launch here, on Wednesday. This is the builder’s 28th completed project, V. Sunil Kumar, managing director, Asset Homes, told newspersons here. K. Anil Varma, executive director, was also present on the occasion. Asset Signature has ‘7-star’ rating from Crisil.
Kudumbashree takes up apartment maintenance
Sep 12, 2013
KOCHI: The Kudumbashree Mission is venturing into the service sector by acting as the nodal agency to provide maintenance support to multi-storeyed apartments and gated communities.
Land deal: Salim Raj moves HC
Sep 04, 2013
KOCHI: Salim Raj, the suspended gunman of Chief Minister Oommen Chandy, on Tuesday approached the High Court challenging the single judge’s order directing the State Police Chief to take steps to seize the telephonic records of persons allegedly involved in land deal cases. In his plea, Salim Raj stated that there was no criminal case registered in connection with the land deal case, hence the order was not sustainable.
Property expo in Kochi
Sep 04, 2013
KOCHI: IndiaProperty.com is organising the second edition of Gruhapravesham 2013, the property show in Kochi, from September 6 to 8 at Jawaharlal Nehru Stadium.
Resilient Coimbatore is a safe bet
Aug 26, 2013
COIMBATORE: Coimbatore market may have cooled down from the buoyant days of 2009 to 2011 but has not lost steam. Property price have been stable last year, unlike the rise of 20 to 40 per cent seen in the past. Data from National Housing Board’s Residex Index shows that the city’s index has risen from its base value of January 2007 to 184 in January-March 2013. This has been quite moderate compared to a rise to 310 for Chennai during the same period.
Provide incentives to affordable housing sector: Adi Godrej
Aug 25, 2013
KOCHI: Godrej Group Chairman Adi Godrej today asked the Centre to provide incentives to the affordable housing sector as more thrust needs to be given to this segment.
Drive for safe building practices
Aug 24, 2013
KOZHIKODE: In a bid to prevent frequent collapse of buildings under construction, the district administration has decided to strictly enforce standardization in the size of laterite bricks and ensure quality of building materials. Building collapses have already claimed 31 houses in the district so far this year.

Latest Realty News Of State

Realty Talk's