The Kerala State Housing Board (KSHB) plans to team up with various agencies to develop three township projects totally worth Rs 2,000 crore in Thiruvananthapuram, Kochi and Kozhikode on a Public-Private Partnership, Housing Commissioner Noyal Thomas said.
The projects are to come up in 17.6 acres in Marine Drive in Kochi, worth about Rs 1500 crore; Akkulum in the state capital in 14.5 acres and in 12.5 acres in Kozhikode medical college campus. The Thiruvananthapuram and Kozhikode projects are worth Rs 250 crore each, Thomas told reporters here.
The projects would be notified for selection of developers by this year, Thomas, who is also the Ex-officio secretary of KSHB, said.The projects are expected to take off by this year.
The Board was also in the process of shortlisting consultants for the same which would be finalised after an International competitive bidding process, he said.
The consultants will prepare a detailed project report, help identifying suitable experienced developers and market the buildings once the projects are completed, he said.
“We are also in discussions with various agencies,including Kerala State Industrial Development Corporation (KSIDC) and Kerala Infrastructure Development Authority (KINFRA), who can act as a consortium to participate in the bidding process.”
Thomas said the Board was in talks with New Delhi based National Building Development Corporation (NBDC) as they are interested in the Kochi project.
There are also plans to team up with private builders to develop housing projects.
News Published Under: The Hindu