Kerala - Kochi   

Cybercity planned at Kalamasserry

KOCHI: Housing Development and Infrastructure Limited (HDIL), through its subsidiary Blue Star Realtors Private Limited, has announced plans to construct HDIL Cybercity at Kalamasserry here. This will spread across an area of 70 acres (which belonged to the public sector Hindustan Machine Tools ) and will be the State’s first integrated information technology (IT) township, having besides IT/ITES, residential apartments, villas, schools, shopping malls, multiplex, club house, service apartments and a star hotel.

The foundation stone will be laid by Chief Minister V.S. Achuthanandan on January 19. HDIL plans to invest Rs.4,000 crores in this project over a four-year period, said Rakesh Kumar Wadhawan, chairman.

“By constructing HDIL Cybercity at Kalamasserry, HDIL proposes not only to create a world class IT hub in Kerala, but also to provide 60,000 direct and 1,50,000 indirect jobs at Kochi,” Mr. Wadhawan said.

The Cybercity will have a built up area of 80 lakh sq. ft.

It is the first flagship IT project of the company in Kochi.

When completed, it will be the first and only integrated IT township in Kerala, claims a press release. The mega city of 70 acres will be developed into various zones of residential, IT, commercial, hotel, social and infrastructural amenities.

The press note pointed out that Kochi has been ranked as the second most favoured IT & ITES destination by NASSCOM and is a bustling industrial centre with industries ranging from ship building to handicrafts and petro-chemical, and refining to spice trading.

Some of the top IT companies have plans to set up campus in Kochi in the next three to five years. NASSCOM has projected about five lakh IT/ITES job opportunities in the State.

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