Kochi will soon get international status with the upcoming of hi-tech city project worth five thousand crore rupees. The Bangalore-based Shobha Developers have signed up a MoU with the state government for setting up this hi-tech city. Sobha Hi-Tech City will be an incorporated city with focal point on research and development, knowledge dissemination, information technology and pure and applied sciences. The city is situated close to the NH 47 bypass close to Maradu in Kochi. It will have seven million square feet of knowledge park, commercial space to provide business-friendly environment, hospitality and leisure projects, entertainment and amusement facilities, a marina and residential complexes. The project will be completed in 8yre and would produce seventy five thousand straight jobs.
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The real estate arm of Sahara India has ventured into South India with the launch of its ‘Sahara Grace’ brand of residential complex in Kochi. This is the first project of the group in Southern India. The company also proposed to bring their other brands of real estate projects to South India. Sahara Grace, Kochi will include amenities like a clubhouse and will have facilities like swimming pool, health club, gymnasium, badminton court, billiards/snooker and Table Tennis, snack counter and kid’s play area.For more view- realtydigest.blogspot.com