Draft Master Plan 2040 includes 3 Special Development Zones
Real Estate

Draft Master Plan 2040 includes 3 Special Development Zones

The draft master plan for 2040 includes the establishment of Special Development Zones (SDZ) aimed at planned development in specific areas, accounting for approximately 1.5 per cent of the proposed land use. Within this plan, three special zones, namely A, B, and C, have been designated for specific projects. These zones will accommodate public projects outlined in the master plan or other significant projects of importance to the corporation or government.

Special zone A is designated for the creation of a mobility hub, specifically a multi-mode mobility hub at Kochuveli, covering an estimated area of 105 acres. The objective of this proposal is to develop suitable land for the expansion of the medical college campus. In special zone B, approximately 22.5 acres have been allocated for the expansion of Thiruvananthapuram Medical College.

Special zone C, covering around 274 acres, aims to address the lack of available land for project execution. The document highlights that with proper connectivity, the land earmarked under special zone C could be utilized for public use and contribute to overall development.

The proposed location for the mobility hub is near Oruvathilkotta, chosen due to its advantageous geographical position. The area is flanked by NH 66 on the eastern side and Kochuveli railway station on the western side, while the airport is approximately 6km away. Access to the airport can be facilitated through the NH via shuttle services or by making the Parvathy Puthanar Canal navigable for inland water transport. The privately-owned land falls under the Kadakampally revenue village.

Similarly, the privately-owned land allocated for special zone B, designated for the expansion of the medical college, is situated in the Cheruvakkal village. The master plan proposes to set aside approximately 25 acres of land adjacent to the existing campus to cater to the development of the medical college. Additionally, accessibility to the campus will be improved through measures such as road widening, junction improvement, and the construction of flyovers.

Special zone C encompasses 0.5 per cent of the total corporation area, requiring the acquisition of land from 23 revenue villages to execute planned projects. The master plan designates 274 acres across 71 wards for special zone C, with land parcels ranging from 0.39 acres to 12 acres, depending on availability.

Given the current planning timeframe of 20 years, the creation of a land depository to accommodate present and future projects is deemed essential, as explained in the document's justification for special zone C. 

The draft master plan for 2040 includes the establishment of Special Development Zones (SDZ) aimed at planned development in specific areas, accounting for approximately 1.5 per cent of the proposed land use. Within this plan, three special zones, namely A, B, and C, have been designated for specific projects. These zones will accommodate public projects outlined in the master plan or other significant projects of importance to the corporation or government.Special zone A is designated for the creation of a mobility hub, specifically a multi-mode mobility hub at Kochuveli, covering an estimated area of 105 acres. The objective of this proposal is to develop suitable land for the expansion of the medical college campus. In special zone B, approximately 22.5 acres have been allocated for the expansion of Thiruvananthapuram Medical College.Special zone C, covering around 274 acres, aims to address the lack of available land for project execution. The document highlights that with proper connectivity, the land earmarked under special zone C could be utilized for public use and contribute to overall development.The proposed location for the mobility hub is near Oruvathilkotta, chosen due to its advantageous geographical position. The area is flanked by NH 66 on the eastern side and Kochuveli railway station on the western side, while the airport is approximately 6km away. Access to the airport can be facilitated through the NH via shuttle services or by making the Parvathy Puthanar Canal navigable for inland water transport. The privately-owned land falls under the Kadakampally revenue village.Similarly, the privately-owned land allocated for special zone B, designated for the expansion of the medical college, is situated in the Cheruvakkal village. The master plan proposes to set aside approximately 25 acres of land adjacent to the existing campus to cater to the development of the medical college. Additionally, accessibility to the campus will be improved through measures such as road widening, junction improvement, and the construction of flyovers.Special zone C encompasses 0.5 per cent of the total corporation area, requiring the acquisition of land from 23 revenue villages to execute planned projects. The master plan designates 274 acres across 71 wards for special zone C, with land parcels ranging from 0.39 acres to 12 acres, depending on availability.Given the current planning timeframe of 20 years, the creation of a land depository to accommodate present and future projects is deemed essential, as explained in the document's justification for special zone C. 

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement