Nov 14, 2011

Kerala IT park on expansion drive


The Technopark IT campus here has finished work on two new blocks at a cost of RS.300 crore, an official said Saturday. 

"We already have a few existing clients who have approached us for space for their expansion and also some new clients who want to set up their units with us. Very shortly, we will fix the rates for the new blocks," M. Vasudevan, business development manager of Technopark, told IANS. 

With this, the total built up space in the campus has touched six million sq feet. 

Currently, the campus is home to 245 IT firms, which employ more than 35,000 professionals. 

"We have another 90 acres of land and that will be developed in the third phase. Work for that will be over once we fill up the latest blocks. The current rate here is Rs.28 per sq.ft," he added

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