Home / Knowledge / News / Textiles / Kochi Metro project to forcibly acquire land from Seematti
Kochi Metro project to forcibly acquire land from Seematti
17
Mar '15
After failure of talks, Kochi Metro Rail Limited (KMRL) had decided to acquire 32 cents of land located at the end of MG Road in Kochi, Kerala which belongs to the textile store, Seematti.

After months of negotiations and failure to reach a deal, KMRL had decided to acquire the land under provisions of the Land Acquisition Act for the metro rail project.

KMRL took this decision after a meeting between its managing director Elias George, and promoter of Seematti, Beena Kannan, failed to arrive at a consensus.

In a statement, KMRL said proposals put forth by Seematti were not agreeable to it and hence the decision to acquire the land under the Act was taken.

KMRL had put forth a proposal of providing free space under the pillars of the metro rail as compensation in lieu of the land that Seematti surrenders, which was however rejected by the textile group.

KMRL is of the opinion that the proposal to offer the parking space is reasonable, since the textile shop will be allocated reasonable space against the land that they surrender. (AR)

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

TEA urges Tamil Nadu govt to announce textile policy

The Tiruppur Exporters' Association (TEA) has urged the state...

Interviews View All

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X