Kochi smart city latest news and updates

According to latest news Kochi smart city will become True. The agreement of Kerala dream project signed and documents handed over each other. Latest news of Kochi smartcity project says that the construction will start within one month.

Kochi smart city latest news

Kerala's dream project Kochi smartcity project cmes into reality. The Kerala Government team leading by Chief Minister Achuthananthan resolved the obstacles which was delaying the smart city project in last 6 years, in the discussions with the Dubai Team includes Tecom CEO Abdul latif al Mulla , Dubai International Financial Centre (DIFC) Governor Ahmad Humaid Al Tayer , Dubai financial Advisor Dr. Adnan Shilvan and NORKA roots Vice Chairman M.A. Yusuffali in today's meeting which held at at Mascat Hotel Trivandrum. Keralala Government has agreed the free hold right demands of Tecom on 12 percent of 29.5 acres land in SEZ. But according to agreement Tecom would not have any rights of selling these land.

The smartcity project issues are resolved by the official discussion which was held on today morning. At first UAE representatives met Chief Minister at Cliff House and turned into Mascat Hotel. Chief Minister V.S. Achuthananthan informed to media project construction will start within three months and complete master plan of the project will be submitted by Tecom within one month. All documents of agreement handed over each other in the discussions and after cabinet meeting , which is going to held at 4. PM, certified the documents will make the final contract.

As per new agreement Tecom will have the free hold rights on 12 percent land of 2905 acres without reals estate rights. The land registration will take place within one month after the completion of Master plan. State will allow reduced stamp duty and registration charge for the land registration. With this a long pending project smart city becomes true. M.A. Yusuffali and Kerala Government deserve the Credit for this project.

The highlights of the Smart Kochi Project final Discussion

  • Kerala Government demanded to submit complete Master plan of the Kochi smartcity project
  • State Government gets ready to compromise in the registration of 12 percent free hold land in SEZ.
  • Kerala Government will reduce the stamp duty and registration duty of land registration
  • UAE representatives have withdrawn the demand of 12 percent free hold land out of Special Economic Zone (SEZ)
    Tecom CEO Abdul latif al Mulla , Dubai International Financial Centre (DIFC) Governor Ahmad Humaid Al Tayer and Dubai economic Advisor Dr. Adnan Shilvan and NORKA roots Vice Chairman M.A. Yusuffali are participating in the discussions with State Governemnt of Kerala Officials.

  • Job oriented Digital Marketing Courses in Kerala.
    Call +91 8138875600 for details

    Related Articles

    The role of M.A. Yousuf Ali on the Kochi Smart City Project

    Kochi Smartcity Project is expected to become reality in coming days. There is a final meeting is going to held on February 2 between Kerala Goverment and Dubai Government officials. M.A.Yousuf Ali was the mediator who gave pace in the discussion to resolve the existing issues which delays the project process. The resource gives you informations about the role of M.A. Yousuf Ali in The Kochi smartcity Project and its update news.

    Smart city Kochi: Main features of the proposed project

    Smart city Kochi is a proposed IT based project in Kakkanadu, Kochi in Kerala. It is a joint venture of the state government of Kerala and the Dubai based Tecom company. It is proposed to change kochi as a major IT hub of the world. These are the main features of the signed agreement of this Smart city project

    More articles: Kochi Smartcity


    No responses found. Be the first to comment...

  • Do not include your name, "with regards" etc in the comment. Write detailed comment, relevant to the topic.
  • No HTML formatting and links to other web sites are allowed.
  • This is a strictly moderated site. Absolutely no spam allowed.
  • Name: