+
GCDA's LIFE Mission housing project set for month-end launch
Real Estate

GCDA's LIFE Mission housing project set for month-end launch

The LIFE Mission housing project situated on the Greater Cochin Development Authority's (GCDA) land at Mundamveli is set to be launched by the end of this month, according to GCDA sources.

Despite facing several delays, the project is now in its final stages, with only finishing works remaining. One of the blocks has already been completed, and the second block is expected to be finished within the next 15 days.

This launch brings much-needed relief to approximately 80 families residing in P&T Colony, as they will soon be rehabilitated in their new homes.

GCDA sources confirm that all works in Block 2 have been successfully completed. However, the inauguration can only take place after the completion of both blocks. In Block 1, only flooring, painting, and the installation of window frames and grills are pending.

The contractor, Thrissur District Labour Contract Co-operative Society, is working diligently to finish the project at the earliest.

The inauguration of the project is scheduled to be conducted by Chief Minister Pinarayi Vijayan. The GCDA is coordinating with his office to determine a suitable date for the event. The urgency to complete the rehabilitation before the onset of heavy rains is essential to avoid severe waterlogging issues in P&T Colony.

The housing project comprises two four-storeyed buildings constructed on 70 cents of land, with a total of 83 flats. Each flat spans an area of 375 sq ft and includes two bedrooms, a living-cum-dining room, a kitchen, and a toilet. Additionally, the buildings will offer various common amenities such as a sick room, day care, administrative room, and reading room. Each building will also be equipped with rainwater harvesting tanks, drinking water tanks, and fire safety systems.

The total cost of the project amounts to Rs 146.1 million, with an approximate cost of 16 lakh per unit. Funding for the project comes from different sources: Rs 90.3 million is allotted by the LIFE Mission, an additional Rs 12.3 million is received under the Pradhan Mantri Awaz Yojana (Urban) scheme of the central government, and approximately Rs 48.6 million is received through the funding of Cochin Smart Mission.

The LIFE Mission housing project situated on the Greater Cochin Development Authority's (GCDA) land at Mundamveli is set to be launched by the end of this month, according to GCDA sources.Despite facing several delays, the project is now in its final stages, with only finishing works remaining. One of the blocks has already been completed, and the second block is expected to be finished within the next 15 days.This launch brings much-needed relief to approximately 80 families residing in P&T Colony, as they will soon be rehabilitated in their new homes.GCDA sources confirm that all works in Block 2 have been successfully completed. However, the inauguration can only take place after the completion of both blocks. In Block 1, only flooring, painting, and the installation of window frames and grills are pending.The contractor, Thrissur District Labour Contract Co-operative Society, is working diligently to finish the project at the earliest.The inauguration of the project is scheduled to be conducted by Chief Minister Pinarayi Vijayan. The GCDA is coordinating with his office to determine a suitable date for the event. The urgency to complete the rehabilitation before the onset of heavy rains is essential to avoid severe waterlogging issues in P&T Colony.The housing project comprises two four-storeyed buildings constructed on 70 cents of land, with a total of 83 flats. Each flat spans an area of 375 sq ft and includes two bedrooms, a living-cum-dining room, a kitchen, and a toilet. Additionally, the buildings will offer various common amenities such as a sick room, day care, administrative room, and reading room. Each building will also be equipped with rainwater harvesting tanks, drinking water tanks, and fire safety systems.The total cost of the project amounts to Rs 146.1 million, with an approximate cost of 16 lakh per unit. Funding for the project comes from different sources: Rs 90.3 million is allotted by the LIFE Mission, an additional Rs 12.3 million is received under the Pradhan Mantri Awaz Yojana (Urban) scheme of the central government, and approximately Rs 48.6 million is received through the funding of Cochin Smart Mission.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code