Transformative Urban Development in Kochi
Kochi is poised to elevate its urban landscape with an ambitious hi-tech city project valued at ₹5,000 crores. Bangalore-based Shobha Developers has formalized a Memorandum of Understanding (MoU) with the state government to establish this groundbreaking urban development.
Project Highlights
The Sobha Hi-Tech City represents a comprehensive urban ecosystem focused on:
- Research and Development
- Knowledge Dissemination
- Information Technology
- Pure and Applied Sciences
Strategic Location and Infrastructure
Strategically positioned near the NH 47 bypass in Maradu, Kochi, the project will encompass:
- 7 million square feet of knowledge park
- Extensive commercial spaces
- Business-friendly environment
- Hospitality and leisure projects
- Entertainment and amusement facilities
- Marina
- Residential complexes
Economic Impact
The project is designed to:
- Span 8 years of development
- Generate approximately 75,000 direct employment opportunities
- Provide a significant boost to Kochi's economic and technological infrastructure
This transformative initiative promises to redefine Kochi's urban landscape, positioning it as a significant technological and knowledge hub in the region.