The Kerala government plans to develop a 300-acre Phase III Infopark township in the Kunnathunadu constituency, aiming to showcase it at the Invest Kerala Global Summit. Authorities have identified three potential land parcels and will select the final location after completing the concept design. The project will allocate 200 acres for residential and commercial use and 100 acres for IT infrastructure, featuring futuristic designs to attract global corporations. Using a land pooling model, officials will ensure landowners retain a portion of their property. This transformative initiative seeks to drive economic growth and position Kerala as a global technology hub.
The Kerala government plans the Phase III township campus of Infopark in the Kunnathunadu constituency, envisioning it as a landmark project. Encompassing a vast expanse of 300 acres, this visionary IT park will be a highlight at the upcoming Invest Kerala Global Summit in Kochi this February. By unveiling this prestigious initiative, the government seeks to attract international investors and establish Kerala as a competitive hub for technology and innovation.
In preparation for the summit, the government is refining the project's framework and conceptual designs. The Greater Cochin Development Authority (GCDA) has identified three prospective land parcels, each spanning 300 acres, in the Kizhakkambalam and Kunnathunadu regions. Once officials complete the concept designs, they will select one of these locations to host the project and implement the land pooling model for land acquisition.
The GCDA has identified three potential sites but has not confirmed the location, as the concept design phase remains underway. Upon completing the designs, the authority will select one of the shortlisted parcels for the project. Following the site selection, officials plan to engage landowners in the chosen area to present the project's advantages and encourage collaboration.
The planned township will allocate 200 acres to residential and commercial development, while 100 acres will feature state-of-the-art IT infrastructure. Departing from conventional designs, this campus embraces a futuristic aesthetic to attract global corporations. Beyond IT facilities, the project's non-SEZ (Special Economic Zone) area will integrate essential social infrastructure, including schools and retail spaces, to create a vibrant, self-sufficient community.
Transportation will serve as a cornerstone of the township's design, with plans for efficient internal systems and direct connectivity to the airport and national highways, ensuring seamless access for businesses and residents alike. A senior Infopark official confirmed ongoing negotiations with prominent investors to secure funding for various components of the project. Infopark officials will present the detailed roadmap at the Invest Kerala Global Summit to attract leading global companies to the initiative.
The project's land pooling strategy will allow landowners to retain 60% of their original property after the project's implementation. Experts project this approach will significantly boost land values, increasing property worth by three to four times. The demand for a third Infopark campus has intensified, as both Phase I and Phase II campuses are currently operating at full capacity with no available expansion space.
By integrating cutting-edge infrastructure with holistic development, the Phase III Infopark township promises to redefine Kerala's IT landscape. This transformative project drives economic growth, enhances the region's global standing, and solidifies its position as a premier destination for technology investments.
Advertisement
Facebook
Whatsapp
