Smart City Kochi news: TECOM on the way to look another states

 Smart city India modelSmartCity wanted the various provisions included in the Framework Agreement signed with the State government in May 2007 to be incorporated in the fresh lease. This included adding of “unacquired patta land” of 19 cents (0.08 hectare) located at the centre of a land measuring 114 acres (46 hectares) and more importantly incorporating a clause pertaining to 12 per cent freehold land. Though the acquisition of 19 cents was not an issue of conflict, it still required the cabinet to approve it, which had not happened yet.

The government’s reluctance to include these provisions in the fresh lease and to sign it subsequently was holding up the entire project and may lead to 'lose' smart City in Kochi.

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