Business Standard
Monday, May 28, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Golf resort mooted near Mangalore
Mahesh Kulkarni / Chennai/ Bangalore Mar 09, 2010, 00:51 IST

The department of tourism is planning to develop an aqua marine park and a golf resort at Tannirbavi beach, about 12 km from Mangalore for an investment of over Rs 300 crore. The department has planned to develop an 18-hole golf course and a five star hotel as part of the project through a public private partnership mode.

“As envisaged in the tourism master plan we are planning to develop an aqua marine park-cum-golf resort at Mangalore. We have prepared an action plan to attract investment from the private sector for the proposed project,” a senior tourism department official said.

The department has been given 155 acres at Bengre village near Mangalore where the Tannirbavi beach is located. About 25 acres will be used for the aqua marine park and the golf resort will be spread over 130 acres. It plans to develop an 18-hole golf course at this place, which will see an investment of about Rs 250 crore. A 50-room five star hotel will be part of the golf resort, the official told Business Standard.

“As the project falls under the coastal regulation zone (CRZ), we need clearance from the Union ministry of environment and forests before starting the project. We have made a presentation to the CRZ committee under the ministry and waiting for their approval. Once the approval comes, we will float tenders for the project,” he said.

While the department of tourism will provide the required land for the project, the private sector participant will have to invest the money to develop the golf resort. The project will be tendered through the Karnataka State Industrial Investment and Development Corporation Ltd, which has hel ped the department to prepare the tender documents.

The department of tourism has also identified 10 places, where it holds land, for development of tourism infrastructure like hotels and resorts.

The state-owned Karnataka State Tourism Development Corporation (KSTDC), is also developing ‘golf tourism’ packages to attract international travelers to the state. It intends to launch a new tourism circuit for avid golfers. To begin with, the corporation will promote Bangalore, Mysore, Belgaum, Chikmagalur and Madikeri as the preferred golf tourism destinations.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- Turbulence ahead for airlines despite oil price drop
- Weak rupee may bring cheer to NRIs, expats
- LIC buys PSU stocks, sells pvt sector blue-chips in Q4
- Banks may lower deposit rates as inflation eases: Report
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- 2 Lac Apartments, 1 Lac House / Plots. Click here
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Renu Kohli: Rupee: depreciated tactics
- Mobile handset companies bet on Indian app makers
- RIL wants import-parity price for its gas
- Gold imports fall 32% on strict govt measures
- CBI arrests Jagan Andhra on alert
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us