CIAL , the Cochin International Airport Limited , will be gifting us Kochiites with a world class Golf Course by the end of this year. The first phase of the Rs.480 million golf course is scheduled to be completed and open by mid December.
The first phase will have nine holes of the 18 planned for the entire course . Building this costed Rs.20 crore (Rs.200 million). According to officials, the golf course would match any international golf course. Well , that is quite obvious dont you think ? Afterall , CIAL..!!
The golf course, is situated on 130 acres, adjacent to to the fourth largest airport in the country .!! 800 applications for memberships have been sold for Rs.10,000 each by now. An application form worth Rs.10,000 ?? Well , being part of a rich city does have its disadvantages.. This being one.! But hey , who would have thought Kochi would develop at this pace ?

By next month , the CIAL expects to do the screening of the applications and allotment of membership would begin. And yeah , the early bird catches the worm…!!! ;) The membership fee for a few early birds has been fixed at Rs.200,000. !
Earlier this year, CIAL announced a dividend of 10 percent, up from eight percent announced last year. The paid up capital of CIAL is Rs.300 crore.
Hoping to see legends like Tiger Woods , Nick Faldo ..( no offence to the ones I havent listed here , Ime running short of time .. can I expect a “None Taken” comment ?? ..
) …

