KOCHI: The LIFE Mission housing project on the Greater Cochin Development Authority’s (GCDA) land at Mundamveli to rehabilitate the residents of P&T Colony misses another deadline as the contractor, Thrissur District Labour Contract Cooperative Society (TDLCCS) struggles to raise funds.
The project had already missed at least a dozen deadlines and GCDA, which implements the project, said that the new deadline will be by October last week.
The project was scheduled to be completed by September 15. However, so far only around 50% of the project has been completed.
Sources with GCDA said the authority is trying to help TDLCCS tackle the fund crunch and speed up the project. “We expect to complete the project by the end of October. So far around Rs 5.5 crore out of the total project cost of Rs 14.6 crore has been given to TDLCCS. However, the rising construction cost is the main challenge,” said an official.
The plan is to construct 86 apartments and there will be 82 beneficiaries of the project. Four units will be used for setting up crèche, reading room, etc. Deck sheet concrete is used for flooring.
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