Current Lease Premium

Location

 

Kakkanad, Cochin.

Location Advantage

 

Proximity to the Cochin International Seaport, the Cochin International Airport and the Cochin  Special Economic Zone headquarters.

Accessibility

 

Air

 

Cochin International Airport at Nedumbassery, about 15 km from the Park.

Rail

 

South Railway Station is about 12 km from the Park.

Road

 

Excellent road links Kochi to the rest of Kerala and India.

Sea  

Cochin International Seaport is about 3 km from the Park.

Common Facilities

* Canteen

*

Recreation centre

* Hostel

*

Bank

* Healthcare centre

*

Post office 

Park area

*

180 acres

Thrust areas
Export Oriented Units With 33.33% (MIN) Export Commitment In Information Technology and Electronic Sector:-


Infrastructure:

Power

A dedicated 110 KV line from the Brahmapuram diesel power plant which will ensure uninterrupted power supply.

Water

Potable water available from perennial river.

Communication

Cochin is the landing point of three submarine cables viz SEA-ME-WES SAFE & FLAG.


Built up Modules for IT:

Allotment of built up space is initially for a period of six years. Lease rent applicable for the first six years of allotment made in the current year.

PHASE1- Area 1, 25, 000 sq.ft - in multiples of 500 sq.ft
(Allotments will be based on first-come-first-serve basis)

 Sl.No.

 Period

Monthly lease rent/sq ft.

 01

 1st Nov 02 - 31st Oct 04
7.34

 02

1st Nov 04 - 31st Oct 06
8.22

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)



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










 
 

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