Monday 25 January 2010

The first official application for requisition of land

The Kerala state government received on the 18/01/2010 the first application for the requisition of property in connection with the Vizhinjam International Seaport project. The first phase, 120 hectares will be divided into 45 hectares of land for road connectivity purposes, 40 hectares for setting up a truck terminal and warehousing facilities and 35 hectares for rail connectivity.

At the end of february, the Maritime States Development Council (MSDC) meets in Thiruvananthapuram. State Ports Secretary Sanjeev Kaushik,who is also the CEO of Vizhinjam International Seaport Ltd (VISL) indicated that there will be a special meeting in connection with the project. With the fact that the government has announced fresh global tenders for the flagship project, the Vizhinjam ICTT, it seems the long awaited project has began.

This will give a huge boost to the real estate market in Kovalam, this is the right time to make your moves and utilize this opportunity to strike golden deals in the Real Estate business, take a look at some of the opportunities HERE.

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