Bringing all inputs under a roof
14 Mar, 2009
An initiative from Infrastructures Kerala Ltd. (InKEL) to set up construction solutions and services parks in four key locations in the State comes at a turning point in Kerala real estate development as property developers come to grips with the unfolding recession around the world. InKEL has been launched, as its name conveys, to give a big boost to infrastructure development. The new entity has come out with big plans for better road connectivity, industrial parks and regeneration of urban areas. The plan is to bring together designers, services, materials and product providers under one roof.
InKEL will acquire around 40 hectares of land in Thiruvananthapuram, Kochi and Kozhikode initially for setting up the parks. These parks will be equipped to meet the requirements of anyone constructing a house, apartment complex or commercial complex.
The company is not satisfied with just providing supermarkets for the input needed for the construction of conventional buildings. It also plans a centre for affordable housing, using indigenous materials, techniques and designs. Green buildings too are on its agenda.