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HDIL Cybercity, Kochi
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HDIL Cybercity is an IT infrastructure project, to be setup in Kalamassery, proposed by Housing Development and Infrastructure Limited (HDIL)
Estimates:
Project cost: Rs 4000 crore
Area: 70 acres
Expected built-up area: 80 lakh square feet
Management: "Housing Development and Infrastructure Limited" and it's 100% subsidiary "Blue Star Realtors"
Employment opportunities: 60,000 direct jobs, 1,50,000 indirect jobs
Proposal: Kerala's first integrated township housing besides IT offices, schools, residential apartments, shopping malls, multiplex, club house, service apartments and a star hotel
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Latest developments on HDIL Cybercity, Kochi
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| Posted By: Tony John Posted Date: 17 Jan 2008 | HDIL to develop Rs 4000 crore Cybercity in Kalamassery, Kochi
Housing Development and Infrastructure Ltd (HDIL) announced the Cybercity project in Kalamassery. The proposed Cybercity will be spread across 70 acres of land and the estimated cost is around 4000 crore. This will be Kerala's first integrated township.
The Cybercity will include IT/ITeS, residential apartments, villas, schools, shopping malls, multiplex, club house, service apartments and a star hotel, according to Mr. Rakesh Kumar Wadhawan, Chairman, HDIL.
The foundation stone for Cybercity project will be laid by Chief Minister Mr. V S Achuthanandan on January 19.
This project is expected to provide around 60,000 direct jobs and 1,50,000 indirect job opportunities. The project is expected to be completed within 4 years.
More details: http://www.business-standard.com/india/storypage.php?tp=on&autono=32589
| | Posted By: Tony John Posted Date: 19 Jan 2008 | Stone laid for Cyber City
Kerala Industries Minister Mr. Elamaram Karim laid the foundation stone for the Kochi Cybercity project, to be built at Kalamassery.
Fisheries Minister Mr. S. Sarma, who was also present in the ceremony said the Cybercity project would utilise 70 per cent of the constructed area for IT and ITeS purposes.
Other prominent people who were present in the ceremony are K.V. Thomas, A.M. Yousuf, V.K. Ibrahim Kunju, Saju Paul, Babu Paul, MLAs, K. Chandran Pillai, MP, and V.M. Arifa, Municipal Chairperson, Kalamassery.
Chief Minister V.S. Achuthanandan and Revenue Minister K.P. Rajendran, who were scheduled to address the meeting, did not arrive for the function.
More details: http://www.thehindu.com/2008/01/20/stories/2008012052081500.htm
 | | Posted By: Tony John Posted Date: 29 Jan 2008 | Kerala likely to dump Cybercity land deal
Kerala government is likely to cancel the land deal for Kochi Cybercity project due to widespread accusations that the land owned by the HMT was handed over to the Blue Star Realtors for the purpose 'other than industrial'.
This change of stance by Kerala government came in the wake of Kerala High Court admitting a public interest litigation seeking CBI probe into the land deal.
Kerala government had given 70 acres of prime property 'free of cost' to HMT several years ago. This property was originally aquired by the government for the industry purpose and could not be transfered to any purpose 'other than industrial'.
The meeting of the Kerala State Cabinet is likely to take a final position on this. But State industry minister Mr. Elamaram Karim has already said that the State government was ready for a review of the land transaction process.
However, HDIL is going ahead with it's work in the proposed land.
More details: http://www.financialexpress.com/news/kerala-likely-to-dump-cybercity-land-deal/266952/
| | Posted By: Tony John Posted Date: 11 Feb 2010 | HDIL Cybercity gets SEZ status
Union cabinet today approved SEZ status for the Kalamassery Cybercity project. This is expected to give a major boost to Kerala's IT industry.
More details: http://www.manoramaonline.com/cgi-bin/MMOnline.dll/portal/ep/contentView.do?channelId=&contentId=6728538&programId=1073750974&tabId=1&contentType=EDITORIAL&BV_ID=@@@
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