Overview of Infopark, Kochi

Infopark, Kochi, represents a major IT center in the city of Kochi, Kerala, India. Let's explore the essentials:

Location and Connectivity

• Infopark is located 10 kilometers from Kochi's downtown and 22 kilometers from Cochin International Airport.
• A 4-lane road called the Infopark Expressway links it to the Seaport-Airport Road.
• There’s also a plan to extend the Kochi Metro’s Pink Line from Jawaharlal Nehru Stadium to Infopark, due by August 2026.
• More improvements are set with the Seaport-Airport Road’s phase-2 completion and a waterway proposed to connect Infopark with Marine Drive, Kochi.

Real Estate Market Trends

• Infopark has greatly boosted real estate in the nearby areas, especially Kakkanad. Consequently, demand for both commercial and residential properties has surged.
• In Kakkanad, property prices span ₹2,812 to ₹9,070 per square foot. The average price stands at ₹5,664 per square foot.

Types of Properties Available

• Residential Properties:

  • You can find apartments and flats in different setups, including 1, 2, 3, and 4 BHK. These options come furnished or semi-furnished with facilities like maintenance staff, visitor parking, and water storage.
  • For instance, a 2 BHK flat in a newer building can cost around ₹27,000 per month, with a security deposit of ₹54,000.

• Commercial Properties:

  • Infopark hosts many IT and ITES companies, offering plenty of office rentals. The park houses multiple buildings from both government and private entities, including TCS, Wipro, and the Lulu Cyber Tower.

Infrastructure and Amenities

• Office Spaces:

  • The park covers a built-up area of 9.2 million square feet and will expand to 8 million in Phase II. Famous buildings here include Thapasya, Vismaya, Athulya, and the World Trade Center, Kochi.

• Educational Institutions:

  • The Indian Institute of Management Kozhikode (IIM-K) and Jain University offer management programs at their Infopark campus.

• Basic Amenities:

  • You will find amenities in Infopark, like food courts, banking counters, ATMs, shopping arcades, and high-speed internet via VSNL’s communication gateway.

Economic Impact

• Infopark plays a vital role in Kerala’s IT export revenue, with exports reaching ₹63.1 billion (US$730 million) in 2020-21 from ₹32 billion (US$370 million) in 2016-17.
• The rise of Infopark has spurred a real estate boom and altered Kochi's lifestyle, especially in Kakkanad, with many commercial and residential developments.

PropertyWala's Conclusion

To sum it up, Infopark, Kochi, stands out for property seekers, due to its strong IT industry, enhanced connectivity, and solid infrastructure. Driven by IT professionals’ demand, the area offers both residential and commercial real estate. With upcoming metro and road links, Infopark is set for continuous growth, making it an appealing option for real estate investments in Kochi.