Land Acquired for Peroorkada Flyover
26 Nov 2024
2 Min Read
CW Team
The land acquisition for the long-anticipated Peroorkada flyover project in Kerala is complete, with eviction notices served to 83 landowners by the district administration's revenue wing. Implemented by the Roads and Bridges Development Corporation of Kerala (RBDCK), the project has reached a significant milestone, paving the way for construction to begin soon.
According to VK Prasanth, MLA overseeing the project, tenders for demolishing existing structures on the acquired land will be floated within two weeks, and the process is expected to conclude within a month. Following this, the construction tender will be issued in January 2024 to ensure work begins within the current financial year.
Spanning 874 meters, the flyover will stretch from Lourdes Church at Peroorkada to St. Jude Church at Vazhuthacaud. The Kerala Infrastructure Investment Fund Board (KIIFB)-funded project is estimated to cost Rs 106.76 crore, with Rs 55.42 crore allocated for construction and Rs 43.39 crore for land acquisition. The project requires around four acres of land and involves demolishing approximately 25 shops on both sides of the road for widening purposes.
Designed to address the severe traffic congestion at Peroorkada junction, where four major roads converge, the flyover aims to provide a permanent solution to bottlenecks that signals alone could not resolve. The affected roads lead to key destinations such as Nedumangad and Kudappanakunnu, making the junction a critical transit point for daily commuters.
The foundation stone for the project was laid in November 2021 by Public Works Department Minister PA Mohamed Riyas. Efforts have been made to minimize disruption to commercial establishments and residences, ensuring a balance between infrastructure growth and community needs.
Once completed, the flyover is expected to significantly improve traffic flow and enhance connectivity, fulfilling a long-standing demand of motorists and commuters in the region.
The land acquisition for the long-anticipated Peroorkada flyover project in Kerala is complete, with eviction notices served to 83 landowners by the district administration's revenue wing. Implemented by the Roads and Bridges Development Corporation of Kerala (RBDCK), the project has reached a significant milestone, paving the way for construction to begin soon.
According to VK Prasanth, MLA overseeing the project, tenders for demolishing existing structures on the acquired land will be floated within two weeks, and the process is expected to conclude within a month. Following this, the construction tender will be issued in January 2024 to ensure work begins within the current financial year.
Spanning 874 meters, the flyover will stretch from Lourdes Church at Peroorkada to St. Jude Church at Vazhuthacaud. The Kerala Infrastructure Investment Fund Board (KIIFB)-funded project is estimated to cost Rs 106.76 crore, with Rs 55.42 crore allocated for construction and Rs 43.39 crore for land acquisition. The project requires around four acres of land and involves demolishing approximately 25 shops on both sides of the road for widening purposes.
Designed to address the severe traffic congestion at Peroorkada junction, where four major roads converge, the flyover aims to provide a permanent solution to bottlenecks that signals alone could not resolve. The affected roads lead to key destinations such as Nedumangad and Kudappanakunnu, making the junction a critical transit point for daily commuters.
The foundation stone for the project was laid in November 2021 by Public Works Department Minister PA Mohamed Riyas. Efforts have been made to minimize disruption to commercial establishments and residences, ensuring a balance between infrastructure growth and community needs.
Once completed, the flyover is expected to significantly improve traffic flow and enhance connectivity, fulfilling a long-standing demand of motorists and commuters in the region.
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..