STOCK MARKET BSE NSE

Need 2 years to finish modernised Ernakulam market complex project: CSML to HC

Hand over disputed property adjacent to market to CSML for rehabilitating stall owners till completion of project, orders HC   

Published: 06th September 2020 05:22 AM  |   Last Updated: 06th September 2020 05:22 AM   |  A+A-

Kerala High Court

Kerala High Court. (Photo| A Sanesh,EPS)

By Express News Service

KOCHI: The High Court has granted permission to Cochin Smart City Mission Ltd (CSML) to go ahead with the proposed Ernakulam market complex project to the tune of `100 crore. The CSML made it clear that they would need two years to complete the project and the court recorded the submission. The court has ordered that the disputed property adjacent to the Ernakulam market be handed over to the CSML to rehabilitate stall owners till the completion of the proposed modernisation of the market.

The court issued the order on a petition filed by the president of Ernakulam Market Stall Owner’s Association seeking a directive to finalise the tender for the construction of a market complex.Jaju Babu, senior counsel for CSML, submitted that there is a mega project for developing a modernised market at the site of the existing Ernakulam market. There are about 213 business establishments at present. CSML, along with the corporation, is involved in the project.

The authorities have identified a property to relocate the shops till the completion of the new project. There is a dispute on whether the property is Wakf land or not. CSML requires only shifting of the present market to the property for a period of two years. The CSML was also ready to pay the rent as agreed between the parties and deposit it in court. All the market stalls will be shifted to the land where the old Muslim school was functioning and temporary stalls will be built for them.

CSML also pointed out that the shops will be relocated once the project is completed. A modern market complex with all facilities is an absolute necessity since the existing market is in a dilapidated condition. The court made it clear that the petitioners, its members and the stall owners would not have any tenancy right on the property now and they would be shifted to the modernised market as soon as it is established. 
The court also directed to handover the property to CSML within two weeks.

An upgraded market 
The new market complex will accommodate the existing shopkeepers in the present Ernakulam market on the first and ground floors. The remaining area, as well as the second floor, is proposed to be rented out.
There will be dedicated truck bays for loading and unloading of goods coming in and moving out of the market.
Parking facility for about 150 vehicles is considered within the basement of the building and the premises.
To improve waste management system, provisions have been made to provide a smart waste compact machine and for transportation of solid waste generated in the market.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp