Any details on the Technology Innovation Zone

Q: Hey guys, I’m considering investing in Kochi. I was told that the locality of Kalamassery has a lot of potential, what with the technology innovation zone and all that. Can you guys give me more info on this? What exactly is this technology innovation zone?

Deepak Shetty, Kochi

18th July 2014

Investment Advice in Kalamassery, Kochi

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The whole proposed facility is supposed to be spread over an area of 13.2 acres. The facility itself is going to be 3 lakh sq. ft big, and is being set up by the Technopark-Technology Business Incubator (T-TBI). The funds allotted to the further growth of this zone is Rs 150 crores. We’re expecting the plan to get ready within a month, and the TIZ to be fully operational in the next couple of years. Naturally, it will lead to more job openings and people are going to flock to Kochi. They will look for places to stay near this zone, so yeah, I also agree that Kalamassery seems like the right option to invest in Kochi at the moment.

Krishna gowda, Kochi

20th July 2014

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So far the Start-up village and Biotech Park in Kalamassery are only providing IT, telecom and biotechnology facilities. The plan is to go beyond that. Six or eight other sectors of development, like electronics, agriculture and tourism, are being considered for expanding this technology zone. So with the growth of the technology innovation zone, we’re all set to see a rapid development in the real estate sector here. Already Kalamassery is one of the prime localities in Kochi. I think it has still some further potential for growth.

Rajagopal Menon, Kochi

19th July 2014

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Yeah, you’ve heard right about Kalamassery. I myself feel that it is THE place in Kochi to be investing in real estate at the moment. Mainly because it has a number of technology development projects at sight. Obviously there is the popular start-up village, which is basically a part of the entire technology innovation zone being planned here in Kalamassery. The locality is soon going to be a major techno-hub of the city. I would definitely want to invest here.

Ganesh Nambiar, Kochi

18th July 2014

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