Church leases out prime property to realtor

Under a transferable development rights partnership, the Mumbai-based builder in exchange will construct a 250-million rupee multi-storey building.
Posted on May 9, 2012, 8:25 AM

Kochi:

The Kerala Latin Catholic Church will lease out part of its prime property, an ancient seminary, for a resort and shopping mall in the southern state.

In what is perhaps the first of its kind land deal in Kerala’s Church history, rights to a 1.8-acre plot on Periyar river bank in Aluva, owned by Carmelgiri seminary, has been given to a private builder.

Under a transferable development rights partnership, Mumbai-based Leo Builders and Developers in exchange will construct a 250-million rupee multi-storey building that will serve as the Latin Church’s secretariat.

While the secretariat will come up on the Carmelgiri campus, the residential-cum-commercial complex will be built near it. The Church will have a stake in the commercial building.

Church officials have come to an agreement with the builder which is run by a member of the congregation and the complex will be completed within three years.

“Since we cannot meet the expense, we decided to go for a joint venture. Instead of selling the land we agreed for a share in the building so that the revenue from the commercial complex can be used for our various activities,” said Archbishop Soosa Pakiam of Trivandrum.

“The builders will invest a certain amount, but it is more like a contribution to the church’s development than any business interests,” he said.

The deal was brokered to fulfill the wish of the Kerala Region Latin Catholic Council to have a secretariat like the headquarters of the other two rites.

While the Syro-Malabar Church has the sprawling St Thomas Mount in Kakkanad as its centre, the Syro-Malankara faction has its Catholicate in Thiruvananthapuram.

The new complex at Carmelgiri, with a history dating back to 1682, would coordinate the work of all its 11 dioceses and various committees as well as conducting Bible classes and courses.

“The complex will not come up on the campus, and there will be residential facilities also. We are working on the details,” said Fr Francis Xavier Thannikkaparambil, KRLCC’s general secretary.

Source: timesofindia.indiatimes.com
Church Land , Real State ,Aluva , Carmelgiri Seminary , Kerala Latin Catholic Church ,

 

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2 Comments

  1. May 9, 2012 at 11:23 am

    so very sad…wat’s happening to the Church nowdays…

    Like

    • Silent Voice said,

      May 13, 2012 at 4:18 pm

      There are many instances where these corrupt practices take place to suit the whims and fancies of the so call appointed church trustees. If you have or know something positive / personal or otherwise, these matters can be taken up with his Eminence, and a satisfactory inquiry would be initiated.
      Silent Voice the Voice of the Silent Majority initiates the weeding out of Corrupt Practices in Parishes. Please feel free to send me complete details and proof of evidences.

      GREG

      Like


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