Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Location : Kochi

GCDA clears land-pooling plan for Infopark Phase III in Kochi

The Greater Cochin Development Authority (GCDA) has approved the land-pooling process for Infopark Kochi's Phase III development in Kunnathunad taluk. The plan aims to bring together around 500 acres for an integrated IT and AI-focused township, marking one of Kerala's largest land-pooling exercises. GCDA will handle land identification and coordination with landowners, while Infopark will lead overall development. A land-pooling office has already started functioning, and early assessments indicate strong potential for investment and long-term technology-led growth in the region.Read more

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Cochin Shipyard to raise INR 6,000 crore for capex expansion

Cochin Shipyard Ltd (CSL) announced plans to raise around INR 6,000 crore over the next five to six years to support its capital-expenditure programme. The company said it will fund this through a mix of government-assisted schemes, multilateral loans from East-Asian agencies, issuance of blue bonds and internal accruals. CSL indicated it plans to use the enhanced Shipbuilding Financial Assistance policy (which offers 20-25 % incentives) and is already exploring a greenfield shipyard conceptualised at USD 2-3 billion. Defence contracts currently make up roughly two-thirds of its order book.Read more

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Railway Board approves new station near Cochin International Airport

The Railway Board has given approval for a new railway station near Cochin International Airport at Nedumbassery, marking a key development in Kerala's transport infrastructure. The project aims to ease travel for passengers using the airport and improve last-mile rail connectivity. The plan, first proposed in 2010, had stalled for years but was revived after Union Minister George Kurian's meeting with Railway Minister Ashwini Vaishnaw. The new station will be located between Angamaly and Chowara and is expected to cost around INR 12 crore.Read more

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GCDA begins land pooling for Infopark Phase III to build AI-integrated township in Kochi

The Greater Cochin Development Authority (GCDA) has launched the land pooling process for Infopark Phase III, covering around 500 acres in Kunnathunad, Kochi. The project aims to create an AI-integrated township with digital management of all basic services and a focus on deep-tech startups. Additionally, the state government approved the transfer of 33.5 acres from Traco Cable Company to Infopark for its Phase IV expansion at a valuation of INR 200 crore. The development is expected to boost IT infrastructure and employment in the region.Read more

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Kochi canal rejuvenation project gains momentum with international support

The Kochi Canal Rejuvenation Project, led by the Kochi Corporation with support from the United Nations Environment Programme (UNEP) and ICLEI South Asia, is advancing steadily with international backing. Renovation has begun on the Pandarachira Canal, with the Detailed Project Report funded at INR 4 crore and additional grants expected to exceed INR 10 crore. Bechtel will support the next phase before upcoming elections. The project aims to restore all city canals over five years, integrating clean water, sewage systems, flood management, mosquito control, tourism promotion, and improved connectivity.Read more

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CMA CGM orders USD 300 million worth of LNG-powered container ships at Cochin Shipyard

Cochin Shipyard Limited has secured its first-ever global container shipbuilding order from CMA CGM for six LNG-powered feeder vessels, valued at USD 300 million. Each ship will carry 1,700 TEUs, marking India's entry into high-value international shipbuilding. The order follows CMA CGM's earlier reflagging of vessels under India and comes amid the government's Shipbuilding Financial Assistance Policy 2.0. It enhances CSL's global credibility, positions India as a future shipbuilding hub, and strengthens domestic supplier networks for engines and ship components, supporting the nation's long-term maritime ambitions.Read more

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Kerala's Kochi Water Metro hailed as model for sustainable urban transport

The Kochi Water Metro has emerged as a globally recognized model for urban water transport, connecting several islands in Kochi and easing city traffic. Since its launch in 2023, it has served nearly 5 million passengers, including daily commuters and tourists. The project recently expanded with two new terminals at Mattancherry and Willingdon Island, increasing the total network to 12 stations. Known for its eco-friendly design and integration with the natural environment, it has attracted interest from other Indian states and several countries seeking to replicate its success.Read more

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Kochi Metro plans Phase II extension to Infopark Phase III in Kizhakkambalam

Kochi Metro Rail Limited (KMRL) is considering extending its Phase II pink line to Kizhakkambalam to connect Infopark's upcoming Phase III campus. The discussions have started as the campus is expected to employ around 200,000 people, with an additional 400,000 associated with the project, making metro connectivity critical. The extension would also enhance accessibility to Infopark's Phase II campus. Progress depends on the ongoing land pooling process in Kizhakkambalam, with further talks planned once land formalities are completed.Read more

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Mattancherry Water Metro terminal to enhance connectivity in Kochi

The Mattancherry Water Metro terminal in Kochi is scheduled for inauguration in the second week of October, fulfilling a long-standing demand of local residents. The project began in 2019 but faced significant delays due to a non-performing contractor and issues in connecting high-tension electricity to the terminal. Local authorities resumed work under a new contractor after public protests. Plans are also underway to introduce feeder bus services linking Mattancherry and Fort Kochi, improving accessibility for both tourists and residents.Read more

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DP World opens modern warehouse for Mondelez India in Kochi

DP World has dramatically expanded its logistics footprint in India with a new Kochi warehouse for Mondelez India. Designed for over 4,000 pallet positions including dry and ambient storage, the facility strengthens supply chains and improves responsiveness to seasonal demand spikes. Integrating advanced infrastructure, skilled manpower, and end-to-end warehousing services, it ensures reliable and timely delivery of products. The new warehouse also reduces reliance on multiple vendors, cuts lead times, and reinforces service quality, highlighting DP World's role in building robust, integrated logistics solutions across India.Read more

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Kochi's Infopark Phase III sanctioned, to span 300-acre IT hub

The Kerala government has given in-principle clearance for Infopark Phase III, a 300-acre IT township planned in Kunnathunadu, Kochi. With Phases I and II at full capacity, the new project will feature commercial spaces, housing, medical and sports facilities, creating a modern IT-integrated ecosystem. Under the approved framework, Infopark will fund feasibility studies and planning, while the Greater Cochin Development Authority manages land pooling. Infopark has also been directed to convert into a company structure to handle large ventures and contracts. Using a land pooling model, the project promises enhanced value for landowners and is expected to generate significant employment, reinforcing Kochi's role as a leading tech hub.Read more

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Kerala CM lays foundation for Adani's 70-acre logistics hub in Kochi

Kerala Chief Minister Shri Pinarayi Vijayan laid the foundation stone for the Adani Group's new logistics park in Kalamassery, Kochi, a project with an initial investment of over INR 600 crore. The park, which will span 70 acres and cover 13 lakh square feet, is a significant outcome of the Invest Kerala Global Summit and a pivotal step in the state's drive to become an industrial hub. It is also a key component of Adani's broader multimodal logistics network in the region, which includes the Vizhinjam Port. The project is expected to create over 1,500 jobs and modernize the state's supply chain infrastructure.Read more

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DLF asked to pay compensation to buyer for delayed apartment delivery in Kochi

The Ernakulam District Consumer Disputes Redressal Commission has directed DLF to pay compensation to a buyer for a four-year delay in handing over an apartment in Kochi's Kakkanad area. The buyer, who had cleared almost the entire cost of the flat, was also forced to make additional payments, including charges for increased area. Construction issues and unauthorized deductions from their loan account further worsened the situation. The commission identified these as clear service lapses and unfair trade practices, instructing DLF to pay interest, refund rent spent during the delay, and provide compensation for mental distress and litigation costs.Read more

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Kerala opens India's first neurodiverse-friendly co-working space at Kochi Metro

Kerala has launched its first neurodiversity-friendly co-working hub at the Ernakulam South Metro Station in Kochi. Spanning approximately 48,000 square feet, the facility accommodates over 550 professionals and offers high-speed internet, dedicated meeting rooms, office pods, a cafeteria, and round-the-clock security. Designed around the globally recognised 'Spectra' model, the workspace aims to support neurodivergent individuals. The initiative, led by the state government and Infopark, is intended to attract startups, freelancers, and global capability centres, with plans to replicate the model at other transit locations.Read more

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Kochi Metro sustains growth with INR 33.34 crore operating surplus in FY25

In a continuation of its upward financial trajectory, Kochi Metro Rail Ltd (KMRL) announced an operating profit of INR 33.34 crore for the ongoing financial year, marking the third year in a row it has registered a surplus. The metro operator recorded a notable improvement of INR 10.4 crore over the previous year, showcasing its sustained focus on operational efficiency and financial prudence. With steady gains in revenue from both ticketing and non-ticketing avenues, the company has underlined its commitment to long-term sustainability.Read more

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Kochi residents push for state intervention on sewage treatment plant notices

Apartment owners across Kochi have sought government assistance following power disconnection warnings from the electricity board over the absence of sewage treatment plants (STPs). More than 70 apartment complexes were issued notices, leaving over 1,500 households anxious. Residents cited limited space, high installation costs, and pre-existing municipal STPs as reasons for non-compliance. The community has proposed interim measures and plans to seek formal intervention from state authorities.Read more

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Infopark Phase III: GCDA begins land pooling for 1,000-acre Kochi IT hub

The Greater Cochin Development Authority has commenced the land pooling process for the development of Infopark Phase III in Kochi. Spread across Kizhakkambalam and Kunnathunadu villages, the proposed IT township will cover approximately three hundred acres. The project is being developed using a land pooling model that offers landowners a majority return of their plots post-development, with the prospect of significantly increased land value. This phase comes in response to saturated demand at Infopark's existing phases and aims to attract large-scale investment while fostering modern urban infrastructure.Read more

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Kochi begins constructing homes for 197 families under LIFE Mission in Shanthipuram

Redevelopment has begun in Shanthipuram Colony, Kochi, where 197 families will receive new homes under the "Pocket Homes" model, replacing unsafe dwellings. Each compact cluster will house eight units on 0.75-cent plots, with homes costing INR 10 lakh each. The Kerala government is contributing INR 4 lakh per unit via the LIFE Mission scheme, while Kochi Corporation secured CSR funds from BPCL (INR 1 crore) and Sobha Group (INR 50 lakh) to cover the rest. Beneficiaries will receive registered land titles. Phase I includes 16 homes, supported technically by Azadi Group's engineering college. Earlier upgrades to roads and drainage have laid the foundation for this community transformation.Read more

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Kochi's K-Smart portal glitch leaves 50,000 building records missing

Kochi Municipal Corporation's e-governance transition has triggered a major civic disruption, with nearly 50,000 building records missing from the newly implemented K-Smart portal. This breakdown followed Tata Consultancy Services' exit from the project, reportedly due to unpaid dues and delayed timelines. As a result, property owners are unable to access basic services such as property tax payments, building number verifications, and licence renewals. Over 1,450 complaints have already been registered, and opposition members claim the number of affected properties may be significantly higher.Read more

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Kochi Metro to expand with five more stations on JLN Stadium Kakkanad stretch

Kochi Metro Rail Limited (KMRL) has invited tenders for constructing five new stations under Phase II along the JLN Stadium Kakkanad corridor at the Palarivattom bypass, Padamugal, Vazhakkala, Chembumukku, and Alinchuvadu. Earlier delayed due to the land acquisition issues and local protests, especially at Chembumukku and Padamugal, the project will now proceed using vacant government land. Construction, to be completed within a year of contract award, includes full station infrastructure. The tender mandates traffic diversion plans, road strengthening, safety measures, and signage. KMRL will coordinate with traffic police to maintain lane access during work, ensuring minimal disruption and enhanced public convenience.Read more

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