Tag: Thiruvananthapuram

CommercialLatest Stories

Thiruvananthapuram: New IT Spaces to Boost Technopark

Sure! Here’s a rewritten version of the content: Technopark THIRUVANANTHAPURAM: The city’s IT sector is on the brink of significant changes, with numerous projects underway in Technopark Phases I, III, and IV. Technopark is anticipated to create at least 50,000 jobs through these new IT spaces. CEO Sanjeev Nair emphasized that the developments across the three phases are set to transform the IT landscape in Thiruvananthapuram. “Our focus currently lies in maximizing the utilization of available land and completing ongoing infrastructure projects in Phases I, III, and IV. Once these are fully utilized, we will explore further expansion based on…

CommercialLatest Stories

Kerala Fast-Tracks Land Finalization for IT Corridor

THIRUVANANTHAPURAM: The state government is set to finalize land parcels for several IT parks along the proposed Thiruvananthapuram-Kollam IT corridor within the next two months. The corridor, stretching from Technopark Phase III to Kollam alongside the under-construction NH 66, aims to become a new growth hub for the region’s technology ecosystem. Seeram Sambasiva Rao, the special secretary for electronics and IT, confirmed that verification of the identified land is underway and discussions are ongoing. “The process is moving quickly. We will soon finalize the land parcels for the project,” he stated to TOI, highlighting that land acquisition will commence immediately…

InfrastructureLatest Stories

Thiruvananthapuram Metro Hit by New Route Alignment Delays

Representative image THIRUVANANTHAPURAM: The Thiruvananthapuram Metro Rail project faces another setback as a high-level meeting led by Chief Secretary A. Jayathilak did not reach an agreement on the route alignment. Stakeholders, including elected officials and senior administrators, emphasized the need for underground lines to protect the heritage sites and green spaces of the city. Currently, the proposed Metro line is set to stretch from Kazhakkoottam to Pappanamcode, passing through Karyavattom, Sreekaryam, Ulloor, Medical College, Pattom, PMG, Palayam, Statue, Overbridge, Thampanoor, Killipalam, Karamana, and Pappanamcode, covering a distance of 21 kilometers. During the latest meeting, various alternative alignments were proposed, with…

Latest StoriesResidential

Kerala Govt Ensures Steady Funds for Life Mission Houses

THIRUVANANTHAPURAM: M B Rajesh, the local self-government and excise minister, assured the assembly on Wednesday that the state government is dedicated to resolving delays in fund disbursements for housing construction under the Life Mission project, emphasizing significant progress made thus far. In response to a query from Congress MLA P C Vishnunath, Rajesh reported that since the project’s initiation in 2017 until September 16, 2025, 595,536 beneficiaries have been identified. Out of this number, 462,412 families now occupy completed homes, while an additional 133,124 houses are in various stages of construction. “By the end of the current government’s tenure, over…

CommercialLatest Stories

Kerala Unveils Phase IV Masterplan to Boost IT Hub Status

Technopark Technopark has revealed its master plan for Phase IV expansion, a 389-acre township initiative poised to place Thiruvananthapuram on the global IT map and enhance Kerala’s competitiveness against established hubs like Bengaluru, Hyderabad, and Pune. Phase IV, dubbed Technocity, aims to develop an integrated IT city, featuring tech campuses, research institutions, residential and commercial zones, along with social infrastructures. Designed by CP Kukreja Architects, it is expected to attract Global Capability Centres (GCCs), emerging tech start-ups, and significant R&D investments, generating considerable employment opportunities in the years ahead. “Phase IV is set to become a landmark destination in Thiruvananthapuram,…

InfrastructureLatest Stories

Approval for ₹136 Crore Project at Thiruvananthapuram Airport

Representative AI image THIRUVANANTHAPURAM: In a significant advancement for airport development in the city, the Union Environment Ministry’s Expert Appraisal Committee (EAC) has recommended environmental clearance (EC) for the proposed city-side development project at Thiruvananthapuram International Airport. The project, initiated by Adani Airport Holdings Ltd (AAHL) at Chackai within the airport grounds, aims to establish a major hospitality and commercial hub with an investment of ₹136.31 crore. Sources familiar with the matter indicated that the EC is expected to be officially granted in the next three months, allowing construction to begin. The design includes a 240-room hotel, food and beverage…

Latest StoriesResidential

Karimadam Colony Housing Complex in Thiruvananthapuram Opens 128 Flats

Representative image THIRUVANANTHAPURAM: The inauguration of the Karimadom Colony Housing Complex, which includes 128 newly built flats, took place on Monday. This marks a significant step in the city corporation’s initiative to provide affordable housing for the homeless. The ceremony was led by Mayor Arya Rajendran, with Minister for General Education and Labour V. Sivankutty officially inaugurating the project’s first phase. The complex, constructed at a cost of Rs 27 crore funded by the corporation, is part of a broader initiative to create 200 homes in Karimadom. The city has actively pursued various housing projects to make permanent homes a…

IndustryLatest Stories

Settle Pattayam Land Violations Now

THIRUVANANTHAPURAM: On Wednesday, the state cabinet approved the rules for implementing the Kerala Land Assignment (Amendment) Act, which will allow for the regularization of pattayam lands that have previously violated conditions, as well as provide for alternative uses under regulation. This decision symbolizes the next phase in the process that began with the passage of the amendment in the assembly last year. Chief Minister Pinarayi Vijayan stated that the measure aims to resolve longstanding issues in the high ranges. “Since 2016, addressing land-related problems for the residents in the high ranges has been a major goal of this government. This…

Latest StoriesResidential

Kerala Govt Approves ₹1,500 Crore Loan for LIFE Mission Housing

THIRUVANANTHAPURAM: On Wednesday, the state cabinet granted in-principle approval to secure a loan of ₹1,500 crore from Hudco, guaranteed by the government, through KURDFC for the LIFE Mission housing initiative. Of the total ₹1,500 crore, ₹1,100 crore will fund the construction of 127,601 houses, while ₹400 crore will be allocated for housing assistance to Scheduled Caste and Scheduled Tribe beneficiaries in gram panchayats where they make up the majority of the LIFE list. The borrowing will occur over two years, with ₹750 crore earmarked for each of the fiscal years 2025-26 and 2026-27. The loan will be repaid over 15…

CommercialLatest Stories

Thiruvananthapuram: Technopark seeks EOI for QUAD’s 2nd building

THIRUVANANTHAPURAM: Technopark has announced a call for expressions of interest (EOI) from eligible IT co-developers for the construction and management of the second IT building within its integrated IT micro-township project, QUAD, located at the Technopark Phase IV (Technocity) campus in Pallippuram. This initiative aims to merge IT innovation with commercial vibrancy and sustainable design, creating a live-work-play environment where IT professionals can access shopping and residential facilities. The initial IT building under the QUAD project is currently undergoing bid evaluation. The total area designated for the QUAD project spans approximately 30 acres, divided into four parcels. The second IT…