After a long gap, I am back with a bunch of updates from the Capital of God’s Own Country. June and July were hectic months on the development scene in Trivandrum as a slew of projects were announced or kicked off.
For more information, read on!…
- Two of the most important projects in Kerala’s history – the Vizhinjam Deepwater Container Transshipment Terminal and the Technocity – passed major developmental milestones, marking these few months as a turning point for Trivandrum and indeed, the whole of Kerala.
- The tender to develop the Rs 8000 Crore Vizhinjam International Deep-sea Container Transshipment Terminal was awarded to a consortium led by the Lanco Group, which also includes Malaysian port operator Pembinaan Berzhai. The deepest port in India, with a natural draft of 18 m and an eventual one of 24 m, is slated to handle upto 6.5 million TEUs in the coming years. The winning consortium outbid a strong field of major international and national players to secure the project. Vizhinjam has already received clearances from the Defence and Foreign Ministries and awaits Environmental and Home Ministry green flags. Construction is expected to start in 2009 and the first phase will be operational in 2011 or 2012. (You can read more at the project’s Skyscrapercity thread.)
- Work on the 1.5 million sq.ft. Infosys Campus is proceeding quickly as the first block is due to be commissioned in March 2009. The campus will be completed by 2011 and will accomodate 10,000 professionals.
- Construction will commence on the 2.9 million sq.ft. UST Global campus by end-August while work is soon expected at the 1.2 million sq.ft. TCS Campus nearby.
- The 450,000 Sq.ft. Phase II of the Leela IT Park is nearing completion.
- Work has commenced on the 12-floor Second Block of the IBS Campus.
- Construction work on the 350,000 sq.ft. tubular, glass-and-steel New International Terminal at the Trivandrum International Airport is proceeding on schedule for commissioning of the world-class building in December 2008. The building is designed by the world-famous firm of Atkins.
- Nearby, work is ahead of schedule for the Air India-Boeing MRO facility which will be operational in mid-2009.
- In the city meanwhile, work has commenced on the 350,000 sq.ft. mall by the Future Group
- Work is underway on the 36 floor Nikunjam i-Park, a residential tower.
- Construction on the Rs 800 Crore International Convention Center being developed by the K.Raheja Corp at Aakulam has kicked off. The complex will have a 1500-seater convention center and a J.W.Marriott hotel to start off with and will eventually have a 4000-seater hall, mall, recreation facilities, serviced apartments etc
- Work is also expected to kick off shortly on major projects including the 2.1 million sq.ft. Trivandrum Plaza mixed-use development, the DLF Hilton, malls by Treasure Island (EWDPL), Unitech, Nitesh Estates, Condor Group, Varkey Group and Nikunjam, and number of star hotel projects including one by the Rajdhani Group.
- The city’s latest luxury hotel, The Taj, Trivandum is expected to open by end-August. This 140-key luxury hotel will add much-needed supply to Trivandrum’s demand-driven hospitality market. Other hotels expected to be commissioned in the coming weeks include Berggruen Keys and SP Grand Days.
- Work is already in progress for the prestigious Indian Institute of Space Science and Technology (IIST), the third of its kind in the world. Trivandrum’s next world-class institute – the Indian Institute of Science, Education and Research (IISER) is expected to be inaugurated in end-August by the honorable Prime Minister.
So, all told, that is about 30 million sq.ft. of development, not to mention the thousands of apartments coming up to cater to this boom. Trivandrum has taken rapid strides to become a R&D hub in India, hosting institutions like the VSSC, IIST, IISER, CDAC, NIIST, SCTIMST, Rajiv Gandhi Centre for Biotechnology, Tropical Botanical Gardens, Centre for Molecular Sciences and many more. With the coming of Vizhinjam and Technocity, it is now poised to take a giant leap in the fields of logistics and IT/ITES.
Exciting times, stay tuned!