25 Acres of Investment Property ideal for Commercial purposes near Lulu Mall for Sale in (Kodimatha) Kottayam We have around 25...
Property ID P927368
Posted On 17/Jan/2023
25 Acres of Investment Property ideal for Commercial purposes near Lulu Mall for Sale in (Kodimatha) Kottayam
We have around 25 acres which is walking distance from Kottayam Baselius college junction (around 900 meters) on one end and the new Lulu Mall is also very close to this property. This is agricultural land but has not been cultivated for over 30 years. A new bypass called Kottayam Development Corridor passes through over property and we have excellent frontage to this 40 meter wide road (though current formation is around 25 meters only, balance land is with the Government and can widen the road later). In August 2020, Government published the much awaited Masterplan for Kottayam and this land is now marked under Mixed Zone 1 (named as "Special Zone within Paddy Zone"). Masterplan requires Government to form a SPV and all development in this area should come under the umbrella of the said SPV.
This land is ideal for IT Park, Super Speciality Hospitals, Medical and Engineering colleges, International Residential schools, big malls or any other employment creating projects.
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