SmartCity opening likely on June 10
Talks were on final stages with many major companies for setting up facilities in the first building
Apr 23, 2015
Source : The Times of India


THIRUVANANTHAPURAM: The outgoing vice chairman of SmartCity Kochi project said here on Wednesday that the first building of the project would be inaugurated this June. The opening of the first phase of the project would generate 5,000 direct employments in IT sector.

Abdul Latheef Al Mulla who along with his successor Jaber Bin Hafez called on chief minister Oommen Chandy and other ministers here on Wednesday said talks were on final stages with many major companies for setting up facilities in the first building. "We plan to have around ten firms in the building. As per plan, the entire project will be commissioned by 2019, offering about 90,000 direct jobs," he said.

Excise minister K Babu said chief minister Oommen Chandy has sent a formal invitation to the UAE prime Minister for the formal inauguration of the first building on June 10. SmartCity Kochi chief executive officer Gigo Joseph said the work on infrastructure like internal roads, electricity and water connections would also be completed at the earliest. Hafez, who is also CEO of SmartCity Dubai, would visit SmartCity Kochi project area on Thursday, he said.

Latest Realty News

Apr 23, 2015
PUNE: The state consumer disputes redressal commission has imposed Rs 25,000 cost on a prominent builder
Apr 23, 2015
GURGAON: An inspection of construction sites in the city conducted at the behest of the National Green Tribunal found most of them violating norms
Apr 23, 2015
GURGAON: An FIR was filed against a realty company for allegedly encroaching on a natural drain and revenue road
Apr 23, 2015
Chandigarh: Green signal to the newly-framed Chandigarh Master Plan-2031
Apr 23, 2015
AHMEDABAD: The state commercial tax department has detected Rs 23.27 crore of VAT evasion on 'work-contracts' from 40 builders and developers
Apr 23, 2015
KOLKATA: The state government has decided to install rooftop solar panels in as many government buildings
Apr 23, 2015
MUMBAI: The property cell of the city crime branch has arrested a gang of three who used to dupe people by promising homes under the various Mhada schemes
Apr 23, 2015
MUMBAI: Mumbai's controversial draft Development Plan (DP) 2034, sharply criticized by citizens, activists and political parties for its overall thrust and its numerous glaring errors, will be revised
Apr 23, 2015
MUMBAI: Vijay Khetan Group plans to raise Rs 1,500 crore from private equity funds and institutional investors
Apr 23, 2015
Bengaluru: Non-banking financial companies (NBFCs) and private equity (PE) funds are lending to real estate developers at a frenetic pace

Latest Realty News Of State

Realty Talk's