Have you read these stories?

India wants to protect its foreign investors, but there's a catch

The draft text of the new law dated Nov. 15 does not cover demands related to enforcement of tax obligations.


Jan 21, 2020, 02.04 AM IST



Demolition of Maradu flats in Kochi turns spotlight on controlled explosion

The Kochi demolitions have brought to the fore controlled implosion, a method that has been used to raze buildings in the West for decades but is still relatively uncommon in India, thanks to lack of expertise and the availability of cheap labour for alternative methods.

ET Prime Distribution
  • The demolition of Maradu flats and DLF imbroglio has forced ultrahigh-net-worth individuals (ultra-HNIs) from Kerala, fed up with the uncertainty in state’s realty market, to explore other real estate investment destinations within India and abroad.

    The 55-meter high Jain Coral Cove, built in violation of Coastal Regulation Zone norms in Maradu Municipality, was brought down at around 11.03 am with the area in a 200 metre radius kept out of bounds for people and all kinds of traffic.

    In perhaps the first of its kind drive in the country against illegal residential high rises, the four concrete colossuses housing nearly 350 flats were reduced to piles of rubble in seconds one after another over the last two days.

    We need a well-thought-out urban design to resolve our urban woes and strategically meet our urban aspirations. Bringing in land pooling Act (LPA), and enabling the transfer of development rights (TDR) within detailed town planning (DTP) schemes, would be primary links in the system that needs to be established. Also, tools to free privately held land for public use with no loss of economic value to the donor have to be embedded into the system. Land pooling Act allows plot boundaries to be reworked into more functional and optimal parcels, creates new roads, parks, linkages etc.

    The group will acquire ten helicopters on wet lease in phases to ferry people to tourist destinations.

    It has withstood the challenges posed by rain and sun for over a century. But we have no idea how the Holyfaith H20 flat demolition process will affect our house.

    Two out of four illegal residential apartments in Kerala's Maradu were demolished by the use of implosion technology here on Saturday. The 1...

    An American couple exchanged vows, and guess who they had to thank?

    At the valedictory session of the event, he said Rs 32008 crore proposals were received at the event from 138 projects. Besides, Kerala infrastructure Fund Management Ltd. and Abu Dhabi investment Authority have also promised huge investment. The former has signed for one project but have earmarked Rs 8110 crore for six projects.

    During his tenure, Kochi Refinery also stepped into petrochemical sector and the phase I petrochemical initiative is nearing completion. The phase II petrochemical initiative of Polyol project is being rolled out. In the last seven years a total of over Rs 30,000 crore has been invested by BPCL as part of the these and other developmental activities.

    "Currently, phase three of the construction of Vikrant is under progress, which involves setting to work of machinery and equipment, like power generation and propulsion machinery. The carrier is likely to be commissioned by early 2021," a source told PTI. This carrier is being built at the Cochin Shipyard Limited (CSL) in Kochi.

    Several companies assembled at Maker Village in Kochi to engage directly with the military and showcase their technologies in the Defence India Startup Challenge (DISC 3), unveiled by Rear Admiral R J Nadkarni, Chief of Staff, Southern Naval Command. The Indian army is moving towards indigenisation in all spheres.

    The Managing Director of Muthoot Finance company was injured after miscreants allegedly pelted his vehicle with stones here on Tuesday morni...

Load More...

Other useful Links

Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service