The Infopark Phase III township in Kunnathunadu will be a highlight at the Invest Kerala Global Summit in Kochi this February. Spanning 300 acres, the state government plans to use this cutting-edge IT park project to attract global investors.
The government is finalizing the project’s components and concept designs to prepare for the summit. The Greater Cochin Development Authority (GCDA) has shortlisted three 300-acre land parcels in Kizhakkambalam and Kunnathunadu. After completing the concept design, one of these parcels will be chosen for development through the land pooling method.
“We have identified three locations but are yet to finalize the land as the concept designing process is still ongoing. Once complete, we’ll select one of these sites,” a GCDA source said. After finalizing the designs, the authorities plan to present the project’s benefits to landowners in the selected area.
The 300-acre campus will dedicate 200 acres to residential and commercial spaces and 100 acres to IT infrastructure. Unlike traditional IT parks, this project will feature innovative designs to attract global businesses. In addition to IT facilities, the non-SEZ area will include schools, retail centers, and other social infrastructure.
The township will also offer advanced transport systems with direct road connectivity to the airport and major highways.
“We are in talks with major investors for different components of the project. By presenting this detailed plan at the Invest Kerala Global Summit, we hope to attract leading global players,” said a senior Infopark official.
The land pooling model ensures landowners retain 60% of their original land, which is expected to rise in value three to four times post-development.
Demand for a third Infopark campus has surged as Phase I and II are fully occupied with no vacant spaces.