HDIL Cybercity project at Kalamassery, Kochi gets SEZ status

The Union government has Thursday accorded SEZ status to the prestigious Cybercity project at Kochi, became a major boost to Kerala IT industry.The propsed project is 100 per cent subsidiary, and the Blue Star Raltors Pvt Ltd proposes to set up a state-of-the-art Rs 400 crore cyber city in 70 acres of land.

HDIL Cybercity will be Kerala’s first integrated IT township with residential apartments, villas, schools, shopping malls, multiplex, club house, service apartments and a star hotel, besides finest infrastructure facilities for IT and ITeS companies.

HDIL Cybercity which has a built up area of 80 lakh sq. ft. in Kalamassery is the first flagship IT project of the company in Kochi. It is also the first and the only integrated IT Township in Kerala.

Besides providing 60,000 direct and 1,50,000 indirect jobs to the people of Kochi, the project will also generate over Rs.425 Crores of Revenue for the Government of Kerala by way of Stamp and Registration duty and Employee Welfare and Village Tax.