CommercialLatest Stories

Cochin Body Approves Land Pooling for Infopark Phase-III

Representative AI image KOCHI: The executive committee of the Greater Cochin Development Authority (GCDA) has approved a resolution for the pooling of 500 acres to establish Phase III of the Infopark campus. Following local body elections, a notification for land pooling will be issued. GCDA will provide details regarding the land in Kunnathunadu taluk, including survey numbers and the names of landowners. This notification serves as the official alert to landowners about the pooling process, allowing them to approach GCDA with any concerns. Recently, GCDA opened an office dedicated to land pooling. Prior to the notification being issued, the state…

InfrastructureLatest Stories

Infopark, Cochin to Build Integrated AI Town by 2030

Representative AI image KOCHI: Authorities announced that the planned Infopark Phase III campus, anticipated to draw Rs 25,000 crore in investment, will be completed by 2030. During a joint press conference on Tuesday, Infopark CEO Susanth Kurunthil and Greater Cochin Development Authority (GCDA) chairman K Chandran Pillai stated that a notification regarding the pooling of 300 acres in Kizhakkambalam panchayat would be issued soon, with the project’s master plan expected within a year. The new campus, envisioned as a world-class ‘Integrated AI Township,’ is projected to create 200,000 direct jobs and over 400,000 indirect jobs, driving Kerala’s development and transitioning…

IndustryLatest Stories

Kochi: Key Hurdle Cleared for Infopark Phase III Land Pooling

AI-generated Representative Image 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.…