Thiruvananthapuram, Sep 13 (IANS) Mumbai-based Housing Development and Infrastructure Limited (HDIL) will build an IT Park in Kalamassery, Kochi. The 70-acre IT Park, named HDIL Cybercity, will be built at a cost of Rs.20 billion.
HDIL, a part of the Wadhawan group, is investing in HDIL Cybercity through its subsidiary company Blue Star Realtors Pvt Ltd, HDIL chairman Rakesh Kumar Wadhawan told reporters here.
'The park would be spread over 70 acres and would have a total built up area of 7.9 million sq feet, of which 5.4 million sq ft will be used for IT ventures. The remaining will be for hotels, service apartments, shopping malls, clubhouses, schools and residential structures,' said Wadhawan.
HDIL Cybercity will be a catalyst in Kerala's economic growth and is expected to generate 65,000 new jobs. The project is expected to require 9 million man-days to build.
HDIL has already appointed well-known architectural firm Aedas as consultants for the project.
Aedas, currently the fourth largest architectural practice in the world, were consultants to many large-scale infrastructure projects. These include the international cruise terminal, Xiamen, China, Crossrail in London, and Pentominium Tower, the world's tallest residential tower in Dubai.
HDIL is the flagship construction and real estate development company of the Wadhawan Group with market capitalisation of over Rs.100 billion.
The company focuses on construction and development of IT Parks and integrated IT cities. It is developing 115 million sq ft in Mumbai metropolitan region, Hyderabad, Pune and Kochi.
http://in.news.yahoo.com/070913/43/6kpqe.html
Friday, November 30, 2007
Anzera plans IT shopping mall in Kochi
Our Bureau
Kochi, Nov. 20 Anzera Properties plans to build a Grade-A exclusive IT shopping mall for retailers and wholesalers of IT products in Kochi. Developed along the lines of IT malls in Hong Kong, Singapore and Kuala Lumpur, this will be the first IT mall in Kerela, said a press release issued here .
Once completed the project would be a one-stop shop for both individual customers and corporate clients. The mall would encompass modern facilities, ensure availability of hardware and software products across brands and offer an ideal shopping experience. Focus on brand equity
Mr Ziad A. Rahman, CEO of Anzera Properties, said that the company has planned an ambitious growth strategy for the next five years and will focus on building a brand equity in the State.
The company plans to build two million sq. feet of residential and commercial properties in Kochi by 2009-10, the release said.
http://www.blonnet.com/2007/11/21/stories/2007112151712300.htm
Kochi, Nov. 20 Anzera Properties plans to build a Grade-A exclusive IT shopping mall for retailers and wholesalers of IT products in Kochi. Developed along the lines of IT malls in Hong Kong, Singapore and Kuala Lumpur, this will be the first IT mall in Kerela, said a press release issued here .
Once completed the project would be a one-stop shop for both individual customers and corporate clients. The mall would encompass modern facilities, ensure availability of hardware and software products across brands and offer an ideal shopping experience. Focus on brand equity
Mr Ziad A. Rahman, CEO of Anzera Properties, said that the company has planned an ambitious growth strategy for the next five years and will focus on building a brand equity in the State.
The company plans to build two million sq. feet of residential and commercial properties in Kochi by 2009-10, the release said.
http://www.blonnet.com/2007/11/21/stories/2007112151712300.htm
First integrated township launched at Thrissur
V. Sajeev Kumar
The project will be located in 55 acres of land in Puzhakkal with a man-made lake covering 6.5 acres with a 10 miles walkway around the lake.
Thrissur May 13 The Bangalore-based Sobha Developers Ltd (SDL) has announced the launch of its first integrated township "Sobha City" in Kerala at Thrissur on Saturday.
Mr P.N.C. Menon, Chairman, Sobha Developers Ltd, said at a press meet that the company would be investing Rs 850 crore towards the project and aims to complete it by May 2011. Apart from being the first integrated township by SDL, Sobha City is also the largest project by the company till date, he said.
The project will be located in 55 acres of land in Puzhakkal with a man-made lake covering 6.5 acres with a 10 miles walkway around the lake. The company plans to construct 3 million sq ft, which will comprise 2.5 million for residential purpose and the rest for commercial.
According to Mr Menon, tier II cities offer tremendous potential for real estate development. "We aim to capitalise on the growing demands of Tier II cities by offering the best of facilities to the consumers. Sobha City is our effort to fulfil the aspirations of people and will be able to generate substantial employment opportunities for local apart from attracting investments in the region," he added.
Speaking on the occasion, Mr J.C. Sharma, Managing Director, Sobha Developers, said that company also had plans to develop properties in nine cities in different parts of the country. The properties, which would be developed in the current fiscal, would be in Pune, Mysore and Coimbatore.
A team of in-house architects at SDL has designed Sobha City. It will house 423 apartments, 216 four-bedroom apartments and 13 villas in the first phase. It will also house a world-class business hotel with six floors, global mall and entertainment centre.
http://www.blonnet.com/2007/05/14/stories/2007051401731900.htm
The project will be located in 55 acres of land in Puzhakkal with a man-made lake covering 6.5 acres with a 10 miles walkway around the lake.
Thrissur May 13 The Bangalore-based Sobha Developers Ltd (SDL) has announced the launch of its first integrated township "Sobha City" in Kerala at Thrissur on Saturday.
Mr P.N.C. Menon, Chairman, Sobha Developers Ltd, said at a press meet that the company would be investing Rs 850 crore towards the project and aims to complete it by May 2011. Apart from being the first integrated township by SDL, Sobha City is also the largest project by the company till date, he said.
The project will be located in 55 acres of land in Puzhakkal with a man-made lake covering 6.5 acres with a 10 miles walkway around the lake. The company plans to construct 3 million sq ft, which will comprise 2.5 million for residential purpose and the rest for commercial.
According to Mr Menon, tier II cities offer tremendous potential for real estate development. "We aim to capitalise on the growing demands of Tier II cities by offering the best of facilities to the consumers. Sobha City is our effort to fulfil the aspirations of people and will be able to generate substantial employment opportunities for local apart from attracting investments in the region," he added.
Speaking on the occasion, Mr J.C. Sharma, Managing Director, Sobha Developers, said that company also had plans to develop properties in nine cities in different parts of the country. The properties, which would be developed in the current fiscal, would be in Pune, Mysore and Coimbatore.
A team of in-house architects at SDL has designed Sobha City. It will house 423 apartments, 216 four-bedroom apartments and 13 villas in the first phase. It will also house a world-class business hotel with six floors, global mall and entertainment centre.
http://www.blonnet.com/2007/05/14/stories/2007051401731900.htm
Wednesday, November 28, 2007
India Plans High-Tech 'Smart City'
India Plans High-Tech 'Smart City'
Zone To Encourage Foreign Companies' Operations, With Few Hassles
COCHIN, India, Nov. 19, 2004
(CBS/AP) Southern India's Kerala state plans to create a 1,000-acre zone called "Smart City," where technology companies from around the world will be invited to set up operations, an official said Friday. Some of the companies lured to Smart City are likely to American. The area, outside Cochin city, will include office space, residences, schools and an entertainment complex, said Kerala's Industry Minister P. K. Kunjalikutty. It will include software developers and call centers — two of the Indian economy's fastest growing sectors. Indian programmers earn roughly one-sixth the $60,000 U.S. average. "Smart City ... will be an exclusive IT zone where foreign companies can easily set up shop without any stringent formalities of registration and licensing," Kunjalikutty said. Indian states are competing with each other to court investments from information technology companies, trying to emulate the success of the southern technology hubs of Bangalore and Hyderabad, which have spearheaded the country's IT boom. Kerala, known for its highly educated work force, has been trying to make up for lost time after India's economic boom of the past decade largely bypassed the state because potential investors were frightened away by its powerful, militant labor unions. But Kunjalikutty said his state's labor force has been changing fast, and information technology companies had not faced any union troubles. Smart City will be created and managed by Dubai's Internet City, a free trade zone backed by the Middle Eastern country's government. It is being built with an initial investment of $400 million. It was not yet clear whether Smart City would be a free trade zone, or would simply offer assistance to potential investors. Dubai's Internet City offers foreign companies 100 percent tax-free ownership, no currency restrictions, easy registration and licensing and protection of intellectual property, its Web site said. Cynthia Kroll, senior regional economist at the University of California, Berkeley, said U.S. policymakers can't afford to ignore outsourcing. "If R&D is coming out of India, will the next wave of growth bypass us entirely?" Kroll asked. "We need to pay attention to what India and China and these other countries are doing to get these new rounds of investment." American workers may be among the most productive in the world, but they also make on average $16 an hour, and benefits add another six bucks on top of that, reports CBS News Correspondent Anthony Mason. A foreign worker with comparable skills comes at a fraction of the cost. "Protecting jobs leads to job destruction, because if we try to prevent outsourcing, it'll just make American business less competitive in the world market. And that will lead to overall job destruction. So for me there's no choice here. We have to outsource," said Marc Andreesen, head of the California-based software company Opsware, which helps businesses cut costs by automating. Last March, Andreesen said he was planning to hire workers in India or Brazil. "By doing that, what I want to be able to do is get more bang for the buck out of those jobs, so that I can grow faster and so I can hire more people in the U.S.," he said. The Information Technology Association of America, in a survey last March, acknowledged that the migration of tech jobs to low-paid foreigners has eliminated 104,000 American jobs so far, nearly 3 percent of the positions in the U.S. tech industry. "The myth is that we've started this long decline into the midnight of the technology work force," ITAA president Harris Miller said. "Assuming the recovery continues, the number of IT jobs will actually increase." According to the report, savings from outsourcing allowed companies to create 90,000 new jobs in 2003, with more than one in 10 of them in Silicon Valley or elsewhere in California, researchers said. The report predicts that in 2008, outsourcing will create 317,000 jobs - 34,000 in California. The ITAA describes itself as a trade group for IT industries ranging from computers, software and telecommunications to the Internet and professional services. Its board of directors includes representatives of major IT firms including AT&T, EDS, Northrop Grumman, and Amazon.com, and its members include Microsoft and Hewlett-Packard.
©MMIV CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.
http://www.cbsnews.com/stories/2004/11/19/tech/main656681.shtml#share
Zone To Encourage Foreign Companies' Operations, With Few Hassles
COCHIN, India, Nov. 19, 2004
(CBS/AP) Southern India's Kerala state plans to create a 1,000-acre zone called "Smart City," where technology companies from around the world will be invited to set up operations, an official said Friday. Some of the companies lured to Smart City are likely to American. The area, outside Cochin city, will include office space, residences, schools and an entertainment complex, said Kerala's Industry Minister P. K. Kunjalikutty. It will include software developers and call centers — two of the Indian economy's fastest growing sectors. Indian programmers earn roughly one-sixth the $60,000 U.S. average. "Smart City ... will be an exclusive IT zone where foreign companies can easily set up shop without any stringent formalities of registration and licensing," Kunjalikutty said. Indian states are competing with each other to court investments from information technology companies, trying to emulate the success of the southern technology hubs of Bangalore and Hyderabad, which have spearheaded the country's IT boom. Kerala, known for its highly educated work force, has been trying to make up for lost time after India's economic boom of the past decade largely bypassed the state because potential investors were frightened away by its powerful, militant labor unions. But Kunjalikutty said his state's labor force has been changing fast, and information technology companies had not faced any union troubles. Smart City will be created and managed by Dubai's Internet City, a free trade zone backed by the Middle Eastern country's government. It is being built with an initial investment of $400 million. It was not yet clear whether Smart City would be a free trade zone, or would simply offer assistance to potential investors. Dubai's Internet City offers foreign companies 100 percent tax-free ownership, no currency restrictions, easy registration and licensing and protection of intellectual property, its Web site said. Cynthia Kroll, senior regional economist at the University of California, Berkeley, said U.S. policymakers can't afford to ignore outsourcing. "If R&D is coming out of India, will the next wave of growth bypass us entirely?" Kroll asked. "We need to pay attention to what India and China and these other countries are doing to get these new rounds of investment." American workers may be among the most productive in the world, but they also make on average $16 an hour, and benefits add another six bucks on top of that, reports CBS News Correspondent Anthony Mason. A foreign worker with comparable skills comes at a fraction of the cost. "Protecting jobs leads to job destruction, because if we try to prevent outsourcing, it'll just make American business less competitive in the world market. And that will lead to overall job destruction. So for me there's no choice here. We have to outsource," said Marc Andreesen, head of the California-based software company Opsware, which helps businesses cut costs by automating. Last March, Andreesen said he was planning to hire workers in India or Brazil. "By doing that, what I want to be able to do is get more bang for the buck out of those jobs, so that I can grow faster and so I can hire more people in the U.S.," he said. The Information Technology Association of America, in a survey last March, acknowledged that the migration of tech jobs to low-paid foreigners has eliminated 104,000 American jobs so far, nearly 3 percent of the positions in the U.S. tech industry. "The myth is that we've started this long decline into the midnight of the technology work force," ITAA president Harris Miller said. "Assuming the recovery continues, the number of IT jobs will actually increase." According to the report, savings from outsourcing allowed companies to create 90,000 new jobs in 2003, with more than one in 10 of them in Silicon Valley or elsewhere in California, researchers said. The report predicts that in 2008, outsourcing will create 317,000 jobs - 34,000 in California. The ITAA describes itself as a trade group for IT industries ranging from computers, software and telecommunications to the Internet and professional services. Its board of directors includes representatives of major IT firms including AT&T, EDS, Northrop Grumman, and Amazon.com, and its members include Microsoft and Hewlett-Packard.
©MMIV CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.
http://www.cbsnews.com/stories/2004/11/19/tech/main656681.shtml#share
Monday, November 26, 2007
CIBER City a Mega City Project for Cochin
A Mega City project for Cochin City should come somewhere between the muncipalities of North Parur and Kodungaloor where there is alot of potential for future growth and expansion. The promoters of this project should be CIAL(airport company) and CUSAT(university).It should preferably called CIBER CITY which stand for Cochin Infotech Broadcasting Electronics and Research City. In Ernakulam District it should include parts of Vypeen island,Varapuzha,Puthenvelikara,Chennamangalam,Chengamanad,Manjali,Kottuvaly etc. In Thrissur Dist. it should include the muncipalities of Mala,Azhikode,Eriyad,Karuvapadna,Thekkukara,Muringoor and Kodungaloor muncipalities.The project envisages a self-contained, hi-tech complex with its own comprehensive infrastructure, including power, expressways, telecom networks, desalination plants, biotech parks, special economic zones (SEZs), IT/Biotech parks, industrial parks, hospitals, educational institutions, hotels and amusement parks.This proposed city must be 65,000 acres. The first phase 20,000 acres. It should be an ultra modern city built from the ground up. It should be built by a consortium comprising of Limitless LLC,Macquarie Bank of Austrailia,DLF Limited,Singaspore Jurong Corp and Semb Corp , Al Nakheel LLC which is owned by the Dubai goverment and Austrailias Springfield land corporation. It will become a national centre for IT and supercomputing, biotechnology, artificial intelligence, robotics, high-tech manufacturing industries, export oriented centres, media and telecommunications, tourism and entertainment, medical and health and finance and banking.The project will provide a platform to 500 companies to establish their branches in every field of manufacturing, travel, commerce, financial services, retailing and transportation.It would provide direct employment to 1.5 million people and indirect employment to another million. The project will develop a planned city with a population of 3 million people in 15-20 years. It will become a national centre for technology and innovations, information technology and supercomputing, hi-tech manufacturing industries, software development, biotechnology, bio-pharmaceuticals, advanced research and development, artificial intelligence, industrial robotics, high-tech manufacturing industries, export-oriented centres, media and telecommunications, education, finance and banking, tourism and entertainment, fine arts, medical and healthcare services.will be world-class and self-contained, with wide, international-quality roads, telecom networks, educational institutions, industrial clusters, hospitals and amusement parks.It will be world-class and self-contained, with wide, international-quality roads, telecom networks, educational institutions, industrial clusters, hospitals and amusement parks.The project will cover 25,000 acres of land in the first phase and the remaining 40,000 acres in the second phase.CIBER City will bea huge, ultra-modern, high-tech mega-'township' SEZ that shouldemploy over two million people and havefull government backing and legal green lightsand befunded by a very reputable foreign and domestic investors and feature "Worlds Tallest Structures"( more than just one) Springfield Land Corporation which has been actively looking at the growth of India for approximately two years are the designers of the most successful nodal city on the planet, Greater Springfield in Australia. This project if it materializes will benefit the inhabitant of Vypeen Island one of the most economically backward and most densly populated region in Kerala . Cherai beach in Vypeen Island is also the landing point for 2 submarine cables.Availability of cheap bandwidth through undersea cables and lower operational costs compared to other major cities in India, has been to its advantage. The University of Cochin was established in 1971 for the specific purpose of the development of higher education with particular emphasis on post graduate studies and research in Applied Science, Technology, Industry and commerce. The University of Cochin was later reorganized as Cochin University of Science and Technology (CUSAT) in February 1986. The University’s basic philosophy and goals find eloquent expression in its coat of arms emblazoning the moto “thejasvi nava dhitamastu” which in essence means may learning illumine us both (the teacher and the taught). Starting from 1996- 97 CUSAT became international in student admissions and faculty exchanges. It is strengthening contacts and collaborative tie ups with international universities and institutions and is in the path of growth as a global centre for generation of new knowledge in frontier areas of learning. CUSAT has entered into academic collaborations and exchange programmes with many notable institutions across USA, Europe, Russia, Japan, France, Korea etc. Much to the delight of its shareholders, the Cochin International Airport Limited (CIAL) has become a ‘zero debt’ (debt-free) company during the financial year 2006-07.The company has registered a gross profit of Rs. 44.4 crore during 2006-07 as against Rs. 38.8 crore in the previous fiscal, thus registering a growth rate of 15 per cent. The net profit rose from Rs. 31.78 crore to Rs. 37. 19 crore. The passenger movement through the airport increased to 26 lakh, a growth of 27 per cent compared to previous fiscal. Flight movement registered a growth of 32 per cent as 31,000 flights used the airport during the period. The income from duty free shop registered a growth rate of 48 per cent, as it rose from Rs. 22 crore to Rs. 32.5 crore. The duty free shop now accounted for 30 per cent of the total income of the airport.The CIAL success story has already become a casestudy for professionals at the Harvard School of Economics.The Sri Lankan government has also approached CIAL toreplicate the Cochin model for them.Giving a boost to industry-academia joint ventures, Cochin International Airport Ltd (CIAL) will throw open the doors its proposed aviation academy to students of Cochin University of Science and Technology (Cusat) from next academic year. The aviation academy is part of the Rs.600-crore hangar facility coming up at Nedumbassery. From simulators to machine rooms and lathes, it will have state-of-the-art facilities matching international standardsCIAL and CUSAT with their expertise would be the ideal promoter of the consortium of companies to build this megacity project.CIBER CITY would also be ideal for those who went overseas to come back to because of all of the modern amenities that it would provide in addition to taking into consideration the number of Keralites working and settled overseas who are longing to come back home. It would be easier for them to readjust coming back to live in a township like this.
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