08 Dec 2023

Technopark in Thiruvananthapuram is set for a new development with the introduction of a 50,000 sq ft prefabricated office facility at the main campus (Phase 1). The initiative is inspired by the success of the Taurus Downtown project and aims to redefine workspace solutions. The tender for the project is expected to be released soon. Colonel Sanjeev Nair (Retd), CEO of Park Centre at Technopark, highlighted the significance of prefabrication for accommodating parking companies, offering time-saving benefits and potentially reducing the load on the queue system. The project aligns with Technopark's focus on optimizing existing infrastructure and enhancing marketability.Read more

16 Nov 2023

The Thiruvananthapuram City Corporation is taking action to cancel building numbers and trade licenses for residents and shop owners in City Plaza, a residential-cum-commercial building in Ulloor. Concerns over structural stability arose after a portion of the building's retaining wall collapsed during heavy October showers. The civic body issued an eviction notice, directing residents to vacate within three days. Despite reminders to reconstruct the retaining wall, there was no concrete response. Residents cite the corporation's failure to address unauthorized constructions, urging temporary accommodation. The corporation cancelled building numbers and trade licenses, awaiting a stability assessment report from the public works department.Read more

11 Sep 2023

In the wake of implementing new tax regulations, a city with around 4.8 lakh property taxpayers received just one complaint during the objection period. This singular complaint, submitted via email, expressed general concerns about increased tax rates. The revised tax structures primarily affect larger residential properties, commercial establishments, shopping complexes, and other entities. The state government mandated a five percent annual property tax increase for five years, along with adjustments based on revised foundational tax rates. Notably, government office buildings witnessed a significant reduction in basic tax rates, while commercial real estate faced varying adjustments. This comprehensive revision marks an increase in the city's annual property tax demand.Read more

28 Aug 2023

Thiruvananthapuram's Municipal Corporation is set to undertake a transformative Rs 20-crore housing initiative, targeting residents of Vikalanga Colony and those enlisted under the LIFE Mission. The project, located at Muttathara, aims to relocate approximately 100 families currently enduring substandard conditions. This move, coupled with the upcoming housing for the fishing community, underscores the city's determination to improve living standards for its marginalized communities.Read more

22 Aug 2023

The Thiruvananthapuram High Court has issued an interim stay, pausing the National Green Tribunal's (NGT) decision to revoke the environmental clearance for Dragonstone Realty Private Limited's mixed land use project at Technopark phase 3. The NGT's order not only cancelled the clearance but also imposed a Rs 15 crore penalty on the project. The stay, granted for a month in response to Dragonstone Realty's writ petition, provides relief against the NGT's verdict. The NGT had cited a project split violation in its decision, prompted by an appeal from environmentalist Thomas Lawrence. The stay offers temporary relief while further legal proceedings unfold.Read more

11 Aug 2023

Thiruvananthapuram Corporation has finalized new property tax rates for the upcoming fiscal year. Government office buildings will see a substantial 72.5% reduction in basic tax rates, while larger residential, commercial, and hospitality properties will face increased tax burdens. The proposed revisions, based on existing slabs, await approval in an upcoming civic body council meeting. Additionally, property tax calculations will include a 5% annual increment over five years, following state government directives based on finance commission recommendations.Read more

03 Aug 2023

Thiruvananthapuram authorities have given the go-ahead for an innovative land swap agreement between Technopark and private landowners. This historic decision aims to facilitate the expansion of Technopark, a leading technology park in India, while revitalizing the entire region's landscape. By exchanging strategically located land parcels, Technopark can attract more technology companies and startups, generating employment opportunities and bolstering the state's IT sector.Read more

03 Jul 2023

According to the master plan, the corporation secretary can grant approval for apartments in the core area zone with a maximum of 150 units, eliminating the need to involve the district town planner. This proposal aims to streamline the building approval process in Thiruvananthapuram, allowing quicker decision-making for smaller residential projects. By empowering the corporation secretary with this authority, it reduces bureaucratic hurdles and expedites the approval process, benefiting both builders and residents. This move reflects an effort to enhance efficiency and decentralize decision-making in urban development.Read more