Land Registration Fare Value Draft published

Updated May 13 2008

Kerala Govt Published Draft for the Fare Value assessment for all areas. Not so surprisingly, the new fare value is not much different than the current value. In simple terms this means the future buyers are not going to pay any higher tax than one would pay today. The details of specific areas are yet to be known.

The information is expected to reach the registartion office in next few weeks. The State government notified the draft containing 15-lakh pages through a Special Gazette early this week.Fair value of land has been proposed for 1,452 villages in the State.

Several aspects have been considered for determining the value. Land in each village has been divided into 15 categories fixed by taking into account factors such as commercial importance; access to National Highway, State Highway and other major roads; facilities for water supply, electricity, transport and communication; and proximity to market, bus stand, hospital and educational institutions. Fundamentally, land across the State has been categorised as dry land, wasteland, wetland and garden land. Earlier, it was classified into just wetland and garden land.

The highest priced area is M.G Road Kochi. The assessed fare value for this area is 10 lakhs / Cent. The lowest is Rs 5000. As for, when this would be in effect is not known. I do not believe that bothers any one as it is going to be pretty much same as today.

For further reading - http://www.hindu.com/pp/2008/05/10/stories/2008051050470300.htm

L&T Tech Park at Infopark Kochi Inauguration

The Hon’ble Chief Minister of Kerala, Shri. V.S. Achuthanandan, will inaugurate ‘Tejomaya’ – phase I project of L&T Tech Park and will also launch the work for its proposed phase II project – ‘Signature Tower’.Both the projects are located in the Infopark campus at Kakkanad, Kochi. , L&T Tech Park is set to catalyze the IT boom in Kochi by providing world-class workspace for companies having expansion plans in tier-2 cities. Several IT majors like TCS, IBS, Arbitron Inc., L&T Infotech, etc. have already booked space in Tejomaya. Over 3500 technocrats are expected to be working out of the facility.



L&T Tech Park will come up on a 4-acre plot in the picturesque campus of Infopark Kochi, a Government of Kerala organization. Located 25 km from the Cochin International Airport and 12 km from the heart of the city, L&T Tech Park will be an ideal destination for IT and ITES companies.

L&T Tech Park will have a total built-up area of 1 million Sq.ft and a multi level car park of 1.29 lakh sq.ft. . The project will be executed in three Phases: 0.4 Million Sq.ft in Phase one Tejomaya, 0.5 Million Sq.ft in Phase 2 - SIGNATURE TOWER for Infopark & 0.18 Million sq.ft in Phase 3 - Swapnalaya.

Here is a list of other projects in Infopark campus.

Cochin Cyber city issue - Minister K P Rajendran Interview

All the talks are about why HMT kalamassery land should not have sold to HDIL for cyber city project. All the media and opposition (within govt and the UDF)parties are after the blood of the industrial and revenue minister. Yes, since there was attempt to encroach the goverment land,it should be enquired and the conspirators must be brought to justice..

But what did HDIL do wrong ?.. how about some talks on establishing Cyber city else where? How about some talks on offering HDIL other options? Neither goverment nor the opposition [the so called ambassadors of vikasanam] seem to be interested in it. Needless to mention about kerala media! They are real parasites....