SITE FEATURES

• Marine Drive Maidanis the site selected for the project
  
• Siteis located at the northern end of the maidan
• It measures 3600 sqm with 60m side mesurements
• On west side of the site is walk way and the backwaters and on the eastern side is Shanmughom road
• Ample parking is available in the Marine Driveground

DEVELOPMENT STRATEGY

• The land will be provided by authority and investor shall install the TETHERED HELIUM BALLOON of certified capacity of 30 passengers.
• Investor shall operate & maintain it for 20 years from cod and transfer the facility back to GCDA after the contract period.
• Investor has to pay an annual license fee to GCDA.

PROJECT SPECIFICATIONS

• Permissive possession of the site will be granted to the investor.
• Investor has to secure at its own cost, due approval from the appropriate authorities including Aviation Authority.
• Shallhave to commence commercial operations within 180 days of sigining of agreement.
• Operational hours shall be in daylight and twilight.
• Approximate project cost: 15 Cr

PROJECT HIGHLIGHTS

• Kochi's to have the first helium balloon in south india.
• It provide a 360° panoramic view of the city.
• It will be value added tourist attraction to the city.