Infopark Phase 2 | 8 Million SqFt | Under Construction

[mohammedirshad06]

Well, its really great to see, the first series of invitations and brochures made for Emerging Kerala, to be distributed among Investors for the upcoming Emerging Kerala Meet; features our own Infopark-2



I hope, the govt will address the long pending due of Govt's support and attention for Kochi's IT growth. Its surely a good move, as it help investors community across the world, to one of the best investment proposals in the country to be considered so......

[mohammedirshad06]

Infopark Kochi in expansion mode

The IT Park will evolve into a full-fledged IT hub offering work and leisure space as it expands.

Buoyed by the sustained growth since its inception in 2004, Infopark Kochi is taking up a major Phase-II expansion plan for the creation of a full-fledged IT hub in 160 acres of land in the suburban Puthencruz and Kunnathunadu villages in Ernakulam district.

This is in perfect tune with Infopark's basic vision to provide a holistic environment to make the knowledge industry competitive and first-class.

FOCUS

“The focus isn't just on constructing buildings for IT companies, but creating a wholesome infrastructure for Kerala's IT sector,” Mr Gigo Joseph, CEO, Infopark says.

Spread over 100 acres with more than 100 companies, Infopark Kochi is a growing establishment in expansion mode.

While the focus of Phase-I was mainly on constructing buildings for IT companies, Phase-II aims at creating an IT hub that offers an excellent environment for work and leisure.

He said that they have already started construction work on the second phase, and the first IT building, with an estimated built-up space of five lakh square feet, will be ready by December next year.

“For an IT park to be a success, it has to incorporate a host of facilities that make life comfortable and happening, to entice professionals to come and be a part of it. Most IT companies prefer a location which is close to playing areas, cafeterias, plazas, housing colonies and proper roads, so that they can provide their employees with an excellent standard of living,” explains Mr Joseph.

According to him, the long-term focus of Phase-II is to create 80 lakh square feet of space in 8 years, which would translate into 80,000 jobs. This involves an investment of Rs 2,500 crore, of which Rs 500 crore will come from Infopark, and the rest from private players. In Phase-II, there will be more of a structured approach, and work on this has already started, he said.

He said that Phase-I was a great success, and Phase-II aims to be a bigger success, as each and every aspect has already been planned out well in advance. To offer a balanced lifestyle of work and recreation, Phase-II will feature a promenade in the centre, with shops on both the sides. Another attractive feature will be the 10-metre riverside walkway, with little shops on the sides. The planned infrastructure includes a stadium, hotels and hostels for working women and housing facilities. Approximately 20 acres have been specifically set aside for commercial activities, he added.

IT EXPORTS

The IT scene in Kerala continues to be optimistic, irrespective of the fact that Kerala, at present, lags behind some other cities, in being one of the favoured destinations for IT companies. In fact, a lot of developmental activities are happening in Infopark, and all these contribute a lot to Kerala's economy.

Every year, Rs 900 crore worth of exports are being done from Infopark, and this year, it is expected to reach Rs 1,300 crore. The Government projects IT exports to grow to $300 billion by 2020, and major growth will happen in the Tier-II cities. Kochi, which is positioned as the Number 1 Tier-II city, offers good opportunities for companies keen on reducing operational costs, hiring talented professionals, and reducing the rate of attrition.

Infopark, Kochi, is perhaps the greenest industrial activity, an environmentally-clean development activity that contributes a lot to the entire economy, he said.

Currently, there is a great demand from SMEs, most often for 1000-2000 square feet of space. Large multinational companies have specific demands and requirements. They finalise on the place after conducting independent evaluation, for which they seek the assistance of International Property Consultants (IPC), and they depend on builders and property developers.

To attract such companies, Mr Joseph said that a proposal is being worked out to engage IPC to market Phase-II and engage major developers as co-developers. To promote Phase-II, multitrade shows and seminars will be organised to spread awareness regarding the facilities offered by the park, he added.

[JohnJoseph]

Heard from my friend@Infopark that some Piling activities have started in the Infopark Phase 2 area... Also some initial works on the road which passes thru the Phase 2 area is happening...
Anyone got any further updates in this regard?

[e_arunsid]

Thats good to hear. Hopefully by EOY 2013 we will have the new IT/BPO complex fully operational.

TCS work is also progressing well

There are also talks going between Infopark and CREDAI KOCHI and it is expected some of these may partner Infopark in developing phase 2 which will help in addressing the issue of IT space shortage.

[agnath.]

ഇന്*ഫോ പാര്*ക്ക് രണ്ടാംഘട്ടം സ്ഥലവില റിപ്പോര്*ട്ട് സര്*ക്കാരിന് സമര്*പ്പിച്ചു
Posted on: 08 Mar 2012


കാക്കനാട്: ഇന്*ഫോ പാര്*ക്ക് രണ്ടാംഘട്ട വികസനത്തിന് ഏറ്റെടുക്കുവാനുള്ള ബാക്കി ഭൂമിക്ക് സ്ഥല ഉടമകള്* ആവശ്യപ്പെട്ട വില സര്*ക്കാരിന് സമര്*പ്പിച്ചു. ഭൂമിയുടെ ന്യായവിലയും ഉടമകള്* നിര്*ദ്ദേശിച്ച സ്ഥലവിലയും സംബന്ധിച്ച പൂര്*ണ റിപ്പോര്*ട്ടാണ് ഐടി സെക്രട്ടറിയുടെ അംഗീകാരത്തിനായി ജില്ലാ ഭരണകൂടം സമര്*പ്പിച്ചിരിക്കുന്നത്.

35 ഏക്കര്* സ്ഥലം രണ്ടാംഘട്ട വികസനത്തിനായി ഏറ്റെടുക്കുന്നതിനെതിരെ കോടതിയില്* കേസ് നല്*കിയിട്ടുള്ള സ്ഥലമുടമകള്* മാസങ്ങള്*ക്ക് മുമ്പ് കളക്ടറേറ്റില്* ചേര്*ന്ന യോഗത്തില്* ഭൂമി വിട്ടു നല്*കാമെന്ന് അറിയിച്ചിരുന്നു. കരഭൂമിക്ക് സെന്റിന് ഏഴ് ലക്ഷം രൂപവീതവും പാടത്തിന് സെന്റിന് അഞ്ചുലക്ഷം രൂപവീതവും നല്*കണമെന്നായിരുന്നു ആവശ്യം. നിലവില്* രണ്ടാംഘട്ട വികസനത്തിനായി ഏറ്റെടുത്തിട്ടുള്ള 60 ഓളം ഏക്കര്* ഭൂമിയില്* സര്*ക്കാര്* നിശ്ചയിച്ചിട്ടുള്ള വിലയാണ് നല്*കിയിരിക്കുന്നത്. ഈ വിലയില്* കൂടുതലാണ് ബാക്കിയുള്ള സ്ഥലമുടമകള്* ആവശ്യപ്പെട്ടിരിക്കുന്നത്. കൂടുതല്* തുക നല്*കുന്നതിനുള്ള തീരുമാനം സര്*ക്കാരാണ് കൈക്കൊള്ളേണ്ടത്. ഇതിന്റെ അടിസ്ഥാനത്തിലാണ് ഭൂഉടമകള്* ആവശ്യപ്പെട്ടിട്ടുള്ള വില സംബന്ധിച്ചുള്ള റിപ്പോര്*ട്ട് സര്*ക്കാരിന് വിട്ടിരിക്കുന്നത്.

ഇന്*ഫോ പാര്*ക്ക് രണ്ടാംഘട്ട വികസനത്തിനായി 150 ഓളം ഏക്കര്* ഭൂമിയാണ് സര്*ക്കാര്* ഏറ്റെടുക്കുന്നത്. ഇതില്* ഒരുഭാഗം മാത്രമാണ് സ്ഥലവില നല്*കി സര്*ക്കാര്* ഏറ്റെടുത്തിട്ടുള്ളത്. ബാക്കി സ്ഥലങ്ങളുടെ ഏറ്റെടുക്കല്* നടന്നുകൊണ്ടിരിക്കുകയാണ്. ഇതില്* 35 ഭൂവുടമകളാണ് സര്*ക്കാര്* നിശ്ചയിച്ചിട്ടുള്ള വിലയില്* സ്ഥലം വിട്ടുനല്*കാനാവില്ലെന്ന് പറഞ്ഞ് കോടതിയില്* കേസ് നല്*കിയിട്ടുള്ളത്.

http://www.mathrubhumi.com/ernakulam...%E0%B5%8D.html

for Phase II remaining land to resolve the land price issue; final report has been submitted to govt, govt to decide on final pricing for land owners.

[Malayaali]

Budgetary allocation to boost Infopark expansion

The allocation of Rs. 42 crore for Infopark, Kochi, in the State Budget will give a big push to its second phase expansion. The allocation has boosted its chances of raising the targeted fund for the current financial year.

The allocation is an increase of 47.36 per cent compared to the budgetary assistance of Rs. 28.50 crore provided during the last year. Besides, the Infopark's extension in Koratty and Ambalapuzha will also benefit from Rs. 17 crore allocated by the Finance Minister with Kozhikode IT Park being the other beneficiary. Infopark Chief Executive Officer Gigo Joseph expressed satisfaction about the allocation. Infopark will invest about Rs. 250 crore during next financial for its second phase of expansion and that of its spokes in Cherthala, Ambalapuzha and Koratty. Construction work was already underway on the second phase proposed on 160-odd acres in Puthencruz and Kunnathunadu villages and the first IT building with an estimate built-up space of 5 lakh sq.ft is likely to be ready by December next year. By 2020, the second phase will generate 80,000 jobs.

Infopark is exploring the scope for getting more land for expanding its built-up space in Koratty IT Park from the existing 55,000 sq.ft. The park will go for Special Economic Zone status if more land is available or else it will opt for two-lakh sq.ft-IT building capable of generating 2,000 jobs as a non-SEZ facility.

[Kochi Resident]

Does anyone have photos of Infopark Phase II construction? Have they really started construction?

I feel that still we are nowhere when we see Technopark expansion. They have reached Phase II, III and Technocity. Infosys is building another campus in Technocity. They already have a campus in Technopark Phase II or III.Are we lagging behind? Smart city is still hanging without construction starting.

[agnath.]

It has taken 8 months for environmental clearance for phase-2 IT building .

http://www.infopark.in/MOEF-clearance.php

Total built up area to be 36,727 sq m, 2 blocks (G+10 floors) and MLCP (G+5 floors) , total parking 773 cars and 300 two wheelers , cost of project 76 crores.

[e_arunsid]

Phase II is crawling

[e_arunsid]

Update : TCS construction has reached 5th Floor.

Can someone post pics ?

[Malayaali]

That update should be in Infopark page

Originally Posted by agnath.

It has taken 8 months for environmental clearance for phase-2 IT building .

http://www.infopark.in/MOEF-clearance.php

Total built up area to be 36,727 sq m, 2 blocks (G+10 floors) and MLCP (G+5 floors) , total parking 773 cars and 300 two wheelers , cost of project 76 crores.

Nice updates guys. Good to know there is something happening in Kochi IT!

[mohdshanil]

IP 2 Updates

The construction took shape along with the smart city ground breaking period.At first huge loads of soil were taken from many places and they created a temp road and cleared and massed up the plot for first Complex.
Now huge crains are setting up and looks piling works will be completed very soon.
I am pretty sure that this government is having a positive attitude in terms of providing IT space available for the IT giants lined up in kerala.

CTS- Cognizant have not started their works yet. They are running their business from Atulya now. Dont know when can we expect them to start the construction works.

[e_arunsid]

Originally Posted by mohdshanil

CTS- Cognizant have not started their works yet. They are running their business from Atulya now. Dont know when can we expect them to start the construction works.

You can expect them to start by 2012 EOY or early next year.

[agnath.]

Originally Posted by mohdshanil

IP 2 Updates

they created a temp road and cleared and massed up the plot for first Complex.
Now huge crains are setting up and looks piling works will be completed very soon.

Welcome to the forum , Mohd Shanil .... and thanks a lot for the updates . photo updates as well would be good thanks ...

[mohdshanil]

[mohdshanil]

[mohdshanil]

[mohdshanil]

[Malayaali]

Great updates chum!

[Malayaali]

Infopark Phase II: Additional land to be acquired

Additonal 35 cents of land required to construct road to the site


cc: Manorama