Kakkand kochi's Pride and Kerala's Jewel

Emerging Kakkanad was one of the property show organised by HDFC Bank bringing together 35 builders and showcase more than 7,000 housing units in Kakkanad in different stages of construction.  Addressing mediapersons, C.V. Ignatius, General Manager- Kerala of the bank, said construction in Kakkanad was bullish with nearly 1.5 lakh professionals to be employed in the next decade. The three-day show will begin at Hotel Le Meridien at 4.30 p.m. on Last friday( 22 june 2007). The show was open to the public from 10 a.m. to 8 p.m. on Saturday and Sunday. The bank has arranged facilities for on-the-spot clearance for home loans.

Kakkanad is the administrative headquarters of the district of Ernakulam in Kerala, India. Kakkanad a part of Thrikkakara panchayat is also a major industrial and residential area located east of the city of Cochin. It is situated outside city limits and is governed by a special grade panchayat.

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Cochin SmartCity is becoming a reality

The Smart City will be setup in Kakkanadu, Cochin by the Dubai Internet City group
Dubai's Internet City will set up the Smart City in Kochi, Kerala. Kerala government announced that they received the letter saying they have decided to set up the Smart City at Kochi. Several states like Andhra Pradesh, Karnataka and Tamil Nadu were after the the Dubai Internet City for the project, and finally Kerala bagged the project.

The total project cost would be Rs.15 billion and they would bring in the whole investment. To start with, Kerala government is providing them 200 acres of land in Kakkanadu, near the Kochi Infopark. The smart city will need around 1,000 acres of land when it reaches the final stages of the proejct.

The Smart City, expected to create more than 100,000 new jobs in the first stage and around 5 Lakhs jobs directly and indirectly in the last stage, would provide critical infrastructure for IT services and IT-enabled service companies.

Dubai Internet City officials visited Kerala during November 2004 to inspect the land and infrastructure proposed by Kerala government. Kerala government already has 200 acres of land in it's posession and the rest will be acquired soon.

The smart city gives a great opportunity for Kerala to compete with Karnataka and Tamilnadu in Information Technology. Due to the presence of the marxist parties, Kerala is flooded with strikes and trade unions.

Dubai's Internet City will set up the Smart City in Kerala. Kerala government announced that they received the letter saying they have decided to set up the Smart City at Kochi. Several states like Andhra Pradesh, Karnataka and Tamil Nadu were after the the Dubai Internet City for the project, and finally Kerala bagged the project.

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A team of Dubai Internet City (DIC) officials arrived in Kochi and discussed to take the Rs 15 billion-Smart City project forward, a week after the opposition Congress demanded a probe into the agreement claiming it was inked with a private firm and not the Dubai government.

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It's true that the realtors in Kochi are basking in glory these days and Kakkanad, once considered as a doomed place, has become the apple of their eyes too. Having become a much sought after hub, both from commercial and residential point of view, for more reasons than one, Kakkanad is being viewed as Kochi's future destination. 

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