+
Kerala gov to engage inter. property consultants to market
Real Estate

Kerala gov to engage inter. property consultants to market

In a bid to address the challenge of substantial unoccupied space within three IT parks across the state, the government has opted to enlist the services of international property consultants (IPCs) for marketing purposes.

According to government records, an extensive 20 million square feet of built-up space and 1,000 acres of land are readily available within the three principal IT parks and their satellite parks in the state. An additional 10 million square feet of built-up space is currently under development.

The decision to involve IPCs in marketing these properties was approved by the cabinet, primarily due to the in-house marketing team for government-owned IT parks facing stiff competition from private developers. These private developers have been establishing their campuses within the same IT parks and are successfully leveraging IPCs to attract multinational companies to occupy their spaces.

The cabinet note highlights the importance of engaging IPCs to market government-owned IT parks and spaces, acknowledging the competitive and continuously expanding nature of the market. This strategic move aims to maximize the utilization of available infrastructure and promote the state as an attractive destination for businesses and IT companies.

In a bid to address the challenge of substantial unoccupied space within three IT parks across the state, the government has opted to enlist the services of international property consultants (IPCs) for marketing purposes.According to government records, an extensive 20 million square feet of built-up space and 1,000 acres of land are readily available within the three principal IT parks and their satellite parks in the state. An additional 10 million square feet of built-up space is currently under development.The decision to involve IPCs in marketing these properties was approved by the cabinet, primarily due to the in-house marketing team for government-owned IT parks facing stiff competition from private developers. These private developers have been establishing their campuses within the same IT parks and are successfully leveraging IPCs to attract multinational companies to occupy their spaces.The cabinet note highlights the importance of engaging IPCs to market government-owned IT parks and spaces, acknowledging the competitive and continuously expanding nature of the market. This strategic move aims to maximize the utilization of available infrastructure and promote the state as an attractive destination for businesses and IT companies.

Next Story
Infrastructure Urban

Hindmetal Pioneers EM Tech in Mineral Exploration

Hindmetal Exploration Services (HESPL), a wholly owned subsidiary of Hindustan Zinc, has become the first company in India to deploy advanced Electromagnetic (EM) technologies for mineral exploration. The initiative marks a major leap in the nation’s ability to identify hidden mineral resources with unprecedented precision.The breakthrough involves two cutting-edge tools: borehole EM, which detects and maps conductive ore bodies such as sulfide deposits in high detail, and SQUID surface sensors, which capture even the weakest electromagnetic signals—ideal for spotting low-conductivity or d..

Next Story
Infrastructure Urban

Autodesk Launches Local Data Storage for India

Autodesk has announced the launch of localized data storage in India, enabling businesses and public sector organizations to store and manage project data within the country. This expansion, part of Autodesk’s global regional offerings, supports regulated sectors such as government, infrastructure, and utilities by meeting compliance requirements while ensuring enterprise-grade security, privacy, and data recoverability.The move comes as Autodesk’s 2025 State of Design & Make report reveals that while digital transformation drives significant ROI in the architecture, engineering, const..

Next Story
Infrastructure Urban

Rosatom Opens Pilot Uranium Facility at Tanzania’s Mkuju River Project

Mantra Tanzania, a subsidiary of Uranium One Group (part of Rosatom), has commissioned a pilot uranium processing facility at the Mkuju River project in southern Tanzania. The inauguration, attended by Her Excellency Samia Suluhu Hassan, President of the United Republic of Tanzania, alongside senior government officials, community leaders, and Rosatom representatives, marks a major step forward in Russia–Tanzania nuclear energy cooperation.Alexey Likhachev, Director General of Rosatom, said: “Rosatom offers its cutting-edge uranium processing technologies to unlock Tanzania’s geological ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?