Current Lease Premium
Location
 
Muzhavannur, Ernakulam District.
Location Advantage
 
Availability of raw materials.
Proximity to the Cochin International Seaport, the Cochin International Airport and the Cochin Export Promotion Zone (EPZ) headquarters.
Accessibility
 
Air
 
Cochin International Airport is about 35 kms from the Parks.
Rail
 
South Railway Station, about 35 kms from the Park.
Road  
The Park is just 4 Kms away from NH 49
Sea         Cochin International Seaport is about 40 kms from the Park.

Common Facilities

* Common Facility Centre
*
Canteen
* Sewage and effluent disposal
*
Industrial sheds
Park area
*
65 acres

Thrust areas in the small and tiny industrial sectors:

* Rubber /Plastic products

* Furniture

* Food Processing industries

*Light Engineering

*Packaging

*Ceramic Products

Infrastructure

Land  
Fully developed industrial plots.
Power  
Dedicated power supply.
Water  
Continuous water supply.
Communication   Well maintained communication network.

Land allotment Present Status Land not Available



Current Lease Premium/Acre (Rupees in Lakhs)
Current Lease Premium for developed land allotted on 90 year
lease hold basis at Rs. 16.95 lakhs per acre.

Terms of Payment

A minimum 30% of the lease premium as down payment within 30 days of receipt of Letter of Intimation.

An amount equal to 10% of the lease premium from the above amount will be treated as EMD*.

Balance of the lease premium in 5 equal instalments with interest @11.25% per annum, within 5 years from the date of License Agreement.

10% of the lease premium to be remitted as EMD*, within 30 days of receipt of Letter of Intimation.

A minimum of 50% of the lease premium as down payment within 15 days of receipt of Allotment Letter.

Balance of the lease premium in 2 equal instalments with interest @11.25% per annum, within 2 years from the date of License Agreement.

Applicable to all KINFRA Parks

Annual license / lease charge of Rs. 100/-per acre during the license / lease period.

Services like water, power, communication, etc. will be charged extra.

A nominal maintenance charge for the general facilities.

* EMD will be adjusted against the last instalment of the lease premium.

(All other terms and conditions of KINFRA Land Disposal Regulations will apply)



Links
1
. KFC
2. IIC  
3. SIDBI 
4. IDBI 
5. ICICI
6. Planning Board




 
 

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