Update

India would soon have a 100-storeyed building

The New Delhi-based Zoom Developers has planned to build
a 100-storey office complex in Kochi, Kerala. At Rs 1 crore
per acre, the 40-acre tract has been purchased by the Zoom
Developers from the Kerala Industrial Infrastructure
development (Kinfra) to build an international trade and
convention centre at Kochi. The 100-storey building
developed as a part of the project will be around 1,640 ft
(500 metres) in height. As per the mandate from the state
government of Kerala the project should have convention
halls and exhibition halls on an area of 2.5 lakh sq ft. The
mandatory requirements need to be completed by the end
of this year. “The work is on full swing and we are confident
of meeting the mandatory requirements by December 2008,”
says Rumneek Bawa, managing director Zoom Infraestates.
The total cost outlay of the project would be Rs 1,000 crore,
which the company plans to fund through a mix of internal
accruals and bank loans. Zoom Developers has also roped
in the Singapore-based CPG consultants for the architectural
design of the project. The project will also include a five-star
hotel comprising 31 floors and a total of 400 rooms. The
unique 100-storey tower apart from offices would also have
a shopping mall spread over six floors.
The other structures in the convention centre would include
a trade centre, service apartments, restaurants, a post office,
and a multilevel car parking. The project will be completed
in three phases. The first phase would involve the building
of convention and exhibition halls, which will be completed
by the end of this year. The second phase would involve the
of a five-star hotel and shopping mall, while the third would
involve completion of the office tower. The development is
located at a distance of 25 km from the Cochin airport and
26 km from the sea port.

With CPG Singapore as consultants for the project, Kochi is poised
to see it's mother-of-all projects. With a 100 storey building in the
scene, nothing can stop Cochin from being the next big thing in India.