My Zimbio

Thursday, May 22, 2008

The RISE of Rises

In spite of a manipulatory chief minister,
big investment continues to flow to Kochi.
Latest is a 1000 acre tech township by
the giant ETL Infrastructures, with a
mind boggling investment of Rs. 10221 crore
($2.5 bn).

ETL Infra to invest Rs 14,262 cr.

Lalitha Rao

ETL Infrastructure Services Ltd, Chennai, Tamil Nadu, is developing several projects in the south at an estimated cost of Rs 14,262 crore.
"We have plans to execute nearly nine projects in Chennai, Erode, Chengalpet, Madurai and Coimbatore in Tamil Nadu, Cochin in Kerala, and Bangalore in Karnataka," says K. Sriram, Head - Finance, ETL.
According to Sriram, the two major projects, one in Cochin and the other in Bangalore, entail an investment of Rs 10,221 crore and Rs 1,670 crore respectively.
The Cochin project will be a leisure township comprising residential, educational, health and hospitality developments spanning 1,000 acres with a waterfront. Full story


Also see ETL weblink to this project.


Original post by KMC & PLUS @ Skyscraperpage

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