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Last Update: Sun Nov 19 00:44:29 2006

+ India's retail revolution begins | INRnews + Hyderabad, November 15, 2006 - If India's much anticipated retail revolution has a start date, it could well be the first week of [...] first salvo in what will be a keenly contested battle to win a huge prize - nothing less than the wallets of Indian consumers!

+ HPCL to develop real estate projects on owned land | INRnews + New Delhi, November 02, 2006 : Indian oil major Hindustan Petroleum Corporation (HPCL) plans to unlock the value of its large land [...] other developers. As a start, HPCL is to develop malls, hotels and premium residential apartments on land owned in Jaipur and Kochi.

+ Prime Minister lays foundation stone for new airport teminal in Thiruvananthapuram | INRnews + Thiruvananthapuram, November 1, 2006 : Indian Prime Minister, Dr. Manmohan Singh, has laid the foundation stone for the new Airport [...] Maritime Development programme and that the government would provide all possible assistance for the development of Vizhinjam harbour.

+ Gems and jewellery SEZ to come up in Kerala + Kochi, September 25, 2006: The Kerala Industrial Infrastructure Development Corporation (KINFRA) is to develop a gems and jewellery [...] build the facilities. Aerens Goldsouk and Gitanjali Gems are amongst those reported to be interested in participation in the project.

+ Pen Group makes foray into real estate in Kerala + Kochi, September 24, 2006: Kerala based Pen Group plans to diversify into real estate. The publishing group with a turnover of Rs.35 ...

+ Kerala - Luxury apartment project to rise near Kochi + Pune-based SRK Group will launch a Rs.200 crore luxury and eco-friendly high-rise project at Kakkanad near Kochi. The developer hopes [...] in Kerala. Since Kochi is increasingly seen as the capital of the IT industry in Kerala, the decision doesn't come as a surprise.

+ Banyan Tree Expands Its Resorts and Spas In India + Singapore, September 13, 2006 : Singapore Main-Board listed Banyan Tree Holdings Limited (“Banyan Tree” or the [...] manage two Banyan Tree Resorts and one Angsana Resort in India, and manage three new spas in Ireland, China and India respectively.

+ Thiruvananthapuram to get its first luxury condominium + Dubai-based group, Condor is to build Kerala's first luxury high-rise apartments. Named, "Marigold", the project targets Keralites ...

+ Kerala to have new regulations and laws governing land and property + A step in the right direction. The Kerala government aims to bring in comprehensive new legislation on land and property in [...] introduced, will have an impact on the fast growing real estate market in the state as well as a positive impact on the environment.

+ New buildings in Kerala to be screened by Pollution Control Board + If implemented well, the Kerala State Pollution Control Board's new guidelines for pollution control measures in the construction ...

+ Proposal for king-size bus terminal in Vytilla requires Kerala cabinet decision + Acquiring 3.2 hectares of land at Vytilla, currently under the control of Kerafed, for a bus terminus cum commercial multiplex ...

+ Shobha Group proposes Rs 5,000 crore hi-tech city in Kochi + Bangalore based real estate developer the Shobha group has proposed the development of a high-tech city on 300 acres of land near [...] sectors such as IT, Bio-tech, Electronics etc., to establish there. The Hi-tech city would provide employment to over 50,000 people.

+ Nabard sanctions Rs 138 crore for rural infrastructure projects in Kerala + The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 138 crore for implementing 68 rural road [...] of Alapuzha, Ernakulam, Idukki, Kannur, Kasargod, Kozhikode, Kottayam, Malappuram, Thrissur, Thiruvananthapuram and Wayanad.

+ Tourism projects worth Rs.503 crore in Kochi + Kochi authorities have drawn up plans to invest Rs.503 crore in tourism related projects as part of the City Development Plan  [...] Mission project. Under this project, 70% of the investment is to be borne by the Central Government and 30% by the State Government.

+ Kochi Property Expo showcases new projects + The recently concluded Kerala Property Expo 2006 held in Kochi showcased more than 100 projects of 38 builders. Much of the [...] India. A standard 2-3 apartment would cost Rs. 1,500 per square foot and fetch Rs. 5,000 per month in rental depending on location.