Kerala’s Technopark is offering over 138 acres of vacant land on its campuses to companies and co-developers for launching and scaling up their big-ticket projects.
These tracts of land are spread over Phase I, III and IV campuses.
Technopark CEO Sanjeev Nair said the availability of land parcels is a big boost for the park as Global Capability Centres (GCCs), companies specializing in cutting-edge technologies like artificial intelligence (AI), blockchain and machine learning are expanding their operations across the globe.
“We have sufficient infrastructure and sustainable initiatives on par with global standards. Already, Phase IV is home to big projects of IT firms and major builders. The vacant land provides a good opportunity for companies to thrive under a vibrant ecosystem,” he noted.
He also assured that the government would extend all the support to innovative ventures since it aims to transform society into a knowledge economy.
Projects like Digital Science Park; MSME Technology Centre; QUAD project involving an integrated mini township; emerging technology hub by KSUM; digital substation; unity mall (Ekta Mall), a Central Government initiative aimed at promoting local products and crafts; and KASE (Kerala Academy for Skills Excellence) are in the pipeline on Phase IV campus.
The QUAD project comprises an IT office building developed by Technopark on 5.5 acres, offering 850,000 sq. ft. of office space, an IT/ITeS office complex developed by a co-developer on 4.5 acres, a commercial building complex built by a co-developer on 5.6 acres, and a residential complex featuring 1,100 residential units.
For companies seeking to broaden their reach or real estate developers with ambitions to build IT office spaces, Technopark offers ample space for them to scale up. Its strategic location, advanced infrastructure, supportive environment of collaborative professionals and connectivity make it a unique IT ecosystem.
The software export of Technopark crossed Rs 13,255 crore in FY 2023-24, marking a 14% growth. There are around 490 companies in the park, employing 75,000 people.