Home Latest Gcda: Gcda Speeds Up Steps To Sign Mou For Sports City At Vennala | Kochi News – Times of India

Gcda: Gcda Speeds Up Steps To Sign Mou For Sports City At Vennala | Kochi News – Times of India

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Gcda: Gcda Speeds Up Steps To Sign Mou For Sports City At Vennala | Kochi News – Times of India

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Kochi: If the whole lot goes as deliberate, a mega sports activities metropolis will come up in Kochi. Around 50 acres have been recognized in Vennala by the Greater Cochin Development Authority (GCDA) as a part of its land-pooling scheme to arrange the sports activities metropolis. The mega challenge with non-public partnership may have an funding of Rs 2,000 crore and sources stated that there are a number of stakeholders together with Dubai Sports City. GCDA is dashing up the method to signal a memorandum of understanding (MoU) with the landowners.
GCDA sources stated that the challenge will probably be one of many largest investments seen in Kochi within the current previous. It is learnt that the 50 acres close to Vennala highschool is being facilitated by GCDA from six landowners, together with two people and 4 institutions. They have agreed to the land-pooling scheme and talks are continuing quick with the traders. GCDA presently is checking the authorized features of the land-pooling scheme.
“The main investor, who had shown interest in the project, is Dubai Sport City. They have reportedly submitted a detailed proposal of the project to the state government, which had directed GCDA to facilitate the land. We hope to complete the MoU formalities at the earliest and if everything goes as planned the project will be a reality within a year,” stated a GCDA supply.
The proposed sports activities metropolis consists of infrastructure amenities for varied outside and indoor sports activities, a 40,000-seater outside multipurpose stadium, a 20,000-seater all-weather stadium, 400m athletic monitor (4-6 lanes), and journey water sports activities and lounge amenities.
Besides, there will probably be a cricket coaching academy and seashore volleyball courts. There will probably be an indoor multi- function corridor and multi-sports facility.
The sports activities metropolis may even function a rehabilitation and wellness centre, sports activities science and R&D centre, well being & vitamin centre, medical centre, high-altitude coaching rehab centre (OPD, physio rooms, lab and spa) and ayurveda spa.
The leisure amenities embody a clubhouse and resort, which is prone to provide five-star amenities. There will probably be a conference corridor/banquet corridor, indoor/ outside restaurant, youngsters play space. The sports activities metropolis may have a big parking facility and can function a rooftop solar energy plant. There will probably be EV transportation inside the campus.
“The project envisaged will be at par with international sports cities with most modern facilities. The aim is to attract international customers too. However, as the project might see foreign investment, there is a lot of legal hurdles in its implementation. GCDA is trying to clear all those,” stated the supply.


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