Inkel Searching For Partner For Its Project

Published on: 04 Jul, 2013
Published under: Cochin District News, General Kerala News, Kerala Real Estate Updates

4 July 2013

Infrastructures Kerala Ltd a public-private-partnership (PPP) initiative by Kerala government, is looking for a partner to invest in its Rs 40-crore project at its Angamaly campus, said Inkel’s managing director T Balakrishnan.

The project is to build a second tower (Tower-2) with a built-up space of 2 lakh to 3 lakh sq ft in two acres of land. The last date for the request for participation in the project is July 31.

Inkel last year completed Tower-1 with 2 lakh sq ft space at an investment of Rs 25 crore. For the convenience of the entrepreneurs, the built-up space has been divided into Standard Design Modules (SDM) of 5,000 sq ft size.The state government is holding 26% of Inkel stake through various agencies while the remainder is owned by NRKs and banks.


Found Useful? Do Share: Inkel Searching For Partner For Its Project:

Leave a Reply

Share Kerala News Online

Kerala Direct News

Check out the latest 2015 news from Kerala State of India. Just Kerala is the dedicated online portal to provide latest and genuine Kerala information. Kerala Live and breaking news, Top Headlines, Top stories, Politics, Movies, Sports news.

Last Updated Kerala News : 30 May, 2024