Location

Payyanur is a fast growing Municipal Town. In addition to its own growth, it has become the focal point of dependence for small townships like Kavvayi, Kandankali, Annur, Vellur, Korom, Edat etc.

 

It gains further importance and momentum due to the close proximity of Pariyaram Medical College, Naval Academy at Ezhimala, Engineering College at Cheemeni, Engineering College at Korom and several other prestigious Institutions. 

 

It being a nerve centre of Public and Private Transports connecting to the several other cities, inside in Kerala, and Karnataka as well and also the focal point of near by and far off densely populated villages, the city is growing by leaps and bounds.  Even the bigger town Kannur which is the District HQ does not keep pace with this smaller town, in regard to the sky rocketing land cost.  A cent of prime land costs in the range of  10 to 20 lacs in this city, while the land is not that much costlier in Kannur Town, except, of course in certain smaller  pockets.

 

Day by day several commercial and public utility establishments come up in this city by attractive names and styles but many of them have resulted only in over crowding the already crowded city, rendering the movements of pedestrians and Transports quite difficult and delayed.  There are hardly any commercial or utility complexes in the city which allows parking facilities even for a dozen vehicles at a time.  Most of the vehicles encroach the public space, while the customers do shopping. 

 

Taking into account the developing potential of this city and also the existing demand and supply ratio, the under mentioned promoters feel  that a Building Project, which shall address to the various needs of commercial and utility service users, shall be a great success in the town.  Certainly it should be appropriately located and built in such an aesthetic and attractive manner so as to distinguish  itself from the mushrooming `malls` and ‘plazas’ and like wise.