KOCHI: The development of Infopark’s proposed Phase III campus, spanning 300 acres in Kizhakkambalam panchayat, is progressing as the Local Self Government Department (LSGD) officially designated the Greater Cochin Development Authority (GCDA) as the land pooling agency for the initiative.
The government previously decided to implement the Phase III project through a land pooling model and appointed GCDA as the executing agency.
However, since Kizhakkambalam falls outside GCDA’s jurisdiction, the agency had to seek special approval to move forward. With the latest order from the LSGD, GCDA is now authorized to conduct land pooling in the region.
A GCDA representative confirmed that this new order eliminates a significant procedural obstacle.
Looking ahead, further advancements depend on the IT department’s approval, which remains pending with the Infopark authorities for several months.
The government envisions a township-style IT hub under Phase III within the Kunnathunadu assembly constituency. According to the land pooling scheme, landowners will receive 60% of their original land after development, with the property value expected to increase three- to fourfold.
As this is Kerala’s first project to utilize the land pooling approach, GCDA recently organized a workshop to educate stakeholders about the process.
There is a growing demand for additional space at Infopark, as Phases I and II are already at full capacity with over 600 companies and more than 70,000 professionals employed. Currently, more than 120 firms are on the waiting list for office space.
The expansion in Phase III is anticipated to attract investments of around ₹12,000 crores and generate IT jobs for over 100,000 people.
