A decision in this regard was taken at a meeting called by state Tourism Minister A C Moideen to discuss the steps to be taken for the tourism development at Veli area in the city.
Instructions have been issued to authorities concerned to retrieve the land allotted to a private party by the previous UDF government, a release said.
It said the development work would be carried out through Kerala Infrastructure Investment Fund Board.
The minister directed the officials concerned to complete the work on a time bound basis.
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