Kerala ink land lease agreement of SmartCity Kochi
Moving a step forward, SmartCity Kochi, the joint venture between SmartCity and the Kerala government, on Tuesday signed the lease agreement for the remaining 11.4 acres of land. This makes up the northern land parcel of 136 acres.
The agreement was signed by state IT secretary Ajay Kumar and SmartCity chief executive officer Fareed Abdulrahman in Thiruvananthapuram.
SmartCity Kochi will come up on a total 246 acres near Kakkanad, a Kochi suburb. It currently has an informal SEZ approval of 133 acres of the land.
The signing of this agreement is expected to enable SmartCity Kochi to progress with the SEZ notification process.
SmartCity Kochi is currently in the process of setting up a fully functional sales office in Kochi.
The sales office will allow direct contact with potential business partners and allow a more hands-on approach to the development and relations between SmartCity Kochi and its stakeholders.
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