CIBER City Cochin India: COCHIN(KOCHI) has emerged as a frontrunner in real estate business

Cochin Infotech Broadcasting Electronics and Research City

A Mega City project for Cochin City should come somewhere between the muncipalities of North Parur and Kodungaloor.This is where there is alot of potential for future growth and expansion. The promoters of this project should be INKEL(a NRI funded PPP 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(Munambam),Varapzha,Puthenvelikara,Chennamangalam,Chengamanad,Manjali,Kottuvaly etc. In Thrissur Dist. it should include the muncipalities of Mala,Azhikode,Eriyad,Karuvapadna,Thekkukara,Muringoor and Kodungalloor( the ancient port town of Muziris or Crangannore)Situated at the northern end of the Periyar River, about 50 km from Kochi, Kodungaloor has been the gateway for Christianity, Judaism and Islam in India.
Known as 'Muziris' in Western and West Asian maritime records since ancient times, Kodungalloor has also played a role in shaping Kerala's history and culture.The project envisaged 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.

Tuesday, February 26, 2008

COCHIN(KOCHI) has emerged as a frontrunner in real estate business

KOCHI: The changes brought in by the Land Reforms Act in Kerala a few decades ago are back in focus of late. The real estate has become a hot topic for debate across the State. Kochi, the so-called commercial capital of Kerala, has emerged as a frontrunner in the real estate business. A number of large investment projects and the objections raised by various stakeholders here have given way to a new approach to the use of land in the State.

The State had a primary agrarian status, but farming activity had decayed over the years.

Today, the majority among the farming community is struggling to make both ends meet. About 75 per cent of the farmers in Kerala have additional sources of income, points out P.H. Kurien, a senior government official. How many people among the young generation would like to take farming as a profession, he asks, driving home the point that land should not be allowed to remain idle.

Arguing strongly for changes in the land reforms Act, Mr. Kurien said at a seminar in Kochi recently that a transparent policy was required for land use. Exemptions to land ceiling need to be provided in deserving cases, according to him.

Townships mooted

It is time to make maximum utility of the land. Houses situated amidst vast arable land contribute to wastage of land. Instead, townships should be constructed where the land wastage is minimum.

The ceiling of 15 acres, as per the Act, proves a hindrance to genuine projects initiated by individuals and groups. It is ironical that occupants of houses situated in large compounds need to pay less tax than flats which utilise common facilities, he points out. Mr. Kurien observes that Singapore, with about 100 sq km area lesser than that under the Greater Cochin Development Authority, is able to generate about 1,000 times the revenue generated by the latter, thanks to the optimum utilisation of land and adoption of appropriate income-generating schemes.

The National Textile Corporation had allowed sale of land by sick industry in Maharashtra, a step which helped textile industries to set up units which prospered, said N. Sreekumar, head of operations, Apollo Tyres, Kerala.

Despite inadequate infrastructure, top real estate companies have been heading towards Kochi, observes V. Suresh, former Managing Director, HUDCO. Real estate is one of the drivers of the economy, he says. The floor area ratio (FAR) needs to be increased for facilitating the setting up of more townships.

One of the key initiatives that led to the development of Hyderabad city was the removal of FAR restrictions, according to him.

http://www.hindu.com/2008/02/26/stories/2008022655781700.htm

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FIVE REASONS COCHIN IS INDIA'S HOTTEST IT DESTINATION

1.The Connectivity Advantage
100% of 988 telephone exchanges are digital 98% of telephone exchanges connected by OFC to the NIB Reliance, Bharti, Asianet laying own OFC backbones Highest telephone density - 7 per 100 - India's 2005 target 'SEA-ME-WE-3' and 'SAFE' submarine cable landings (1 0f the 2 states in India to have two submarine cable landings) 15 GBps bandwidth supported VSNL's primary international gateway in India is in Kochi, Kerala.

2.The Human Resources Advantage
The Human Resources Advantage High density of science and technology personnel in India Lowest employee attrition rate in the country - <5% 75 engineering colleges in the state Database of readily employable graduates enabling interested ITES companies to access the best of professional talent Training for ITES HR pool Empanelled trainers providing ITES training within the Habitat.

3.The Cost Advantage
A fully burdened cost of just $8 per hour, when compared to the global average of $15 Salaries - 1/5th of the international average Operational costs less than 50% when compared to major cities Rentals lower by more than 60% in comparison to other cities Power and water tariff among the lowest in the country.
4.Kerala - The Outsourcing Advantage
The Government of Kerala has promised the state an IT led growth over the next few years. The primary drive towards establishing Kerala as the preferred ITES destination arises from private enterprises and community energies. The Kerala Government acts as a catalyst to successfully facilitate an enabling environment for IT, IT products and ITES. Kerala with its focus on Business Process Outsourcing, Customer Interaction Centres and Digital Content Creation/Processing, Training for relevant skills at sub-domain level to ensure adequate supply of trained human resources to ITES companies and employment regulations that uniquely facilitate ITES operations, is poised today to become the IT industry's dream destination.
5.Investing in Kochi
Kochi (formerly called Cochin) lies in the Southwest corner of the country. It is a bustling cosmopolitan city, home to 2 million people with all the associated social infrastructure including residential accommodation, shopping, schools, stock exchange, hotels, hospitals, conferencing venues, amusement park and entertainment facilities.Kochi is the commercial capital of Kerala and is home to the 7.5 million tones per annum Kochi Refineries, India's only private sector International airport, Shipyard, a number of medium and small sized industrial units in industrial belts at Udyogamandal, Edayar, Kalamasserry, Ambalamughal and Angamaly, and power plants at Bramhapuram and Edayar. Kochi has the Cochin University of Science & Technology, several Engineering and Medical Colleges and Business Schools. Kochi has a 15 GBPS VSNL International Gateway Exchange. Only Kochi and Mumbai in India have landing points for submarine cable links for 15 GBPS bandwidth and have therefore India's cheapest bandwidth costs. The SEA-ME-WE3 and SAFE cables touch Kochi; making Kochi a sought-after destination for IT enabled services. The recent NASSCOM survey on 9 leading Indian ITES destinations covering a range of parameters including land costs, power and communication infrastructure ranked the Kochi as the second best ITES destination above Metros like Bangalore, Mumbai and New Delhi. 100 percent literacy and a very high level of e-literacy aided by government led projects such as Akshaya ensures a ready manpower resource for ITES/BPO sector. A dedicated ITES habitat for training in Kochi has commenced operations.

Developing a Silicon Valley in Cochin

A Synergy and Analogous Tale of Two Cities emerging to Global prominence from humble beginings

Silicon Valley - Heart of the Technology Revolution

Silicon Valley California
Silicon Valley is an area that is located on the San Francisco, California, peninsula, radiates from Stanford University between the cities of San Francisco and San Jose (the 'capital' of Silicon Valley). Silicon Valley is contained by the San Francisco Bay on the east, the Santa Cruz Mountains on the west, and the Coast Range to the southeast.
It contains cities such as Mountain View, Cupertino and Sunnyvale. Silicon valley is home to world famous companies such as HP, Intel, Sun, Google, Yahoo!, eBay, Cisco, Apple Computers , Adobe and many, many more.

Cochin, Kerala India
Cochin is an area that is located centrally in Kerala State on the Southwest Indian Peninsula, It is contained by the Arabian Sea on the west including exotic Cherai Beach in Vypeen Island and Munnar Mountains on the east as well as Alleppey the Venice of the East to its South. It comprises of subdivision as Kakkanad(Which is the center of the IT revoluton)Thrikkara the home of Cochin University of Science and Technology,Ernakulam,Alwaye and Angamali. Cochin is emerging as a popular destination for Information Technology giants like Infosys,Wipro,TCS,Nest,Muthoot and many,many more.

CIBER City Cochin India