Neopolis IT Township Project Announced
Real Estate

Neopolis IT Township Project Announced

Prime Minister Narendra Modi is set to announce the Neopolis IT Township project in Technopark Phase-IV, Thiruvananthapuram, a Rs 1,000 crore initiative under the Union Ministry of Housing and Urban Affairs. Part of the Outer Area Growth Corridor (OAGC), this project aims to establish a cutting-edge urban ecosystem. It represents one of eight such projects nationwide, with Thiruvananthapuram as Kerala's sole beneficiary.

The Neopolis IT Township will support aerospace industries, electronics, software, and IT, focusing on advanced technologies like artificial intelligence, robotics, IoT, blockchain, and machine learning. Envisioned as a self-sustaining urban environment, it will integrate business hubs, residential spaces, shopping malls, recreational zones, and five-star hotels, fostering economic growth and innovation.

The state government has set up a nine-member joint panel, led by the IT Secretary, to oversee planning and coordination. This Special Purpose Company (SPC) involves Thiruvananthapuram Corporation, Andoorkonam and Mangalapuram Panchayats, CRDP, and Technopark.

Strategically located on Thiruvananthapuram’s outskirts, the township will utilize existing infrastructure while driving future economic opportunities. It complements the QUAD initiative within Technopark Phase-IV.

The project stems from the 15th Finance Commission's recommendation, which allocated Rs 8,000 crore for smart city development in eight states. Kerala's proposal was submitted in August 2023, aligning with criteria for advanced urban growth.

This transformative venture highlights the synergy between central and state governments in fostering innovation and urban progress. The official announcement underscores the government’s commitment to positioning Thiruvananthapuram as a global IT and aerospace hub.

Prime Minister Narendra Modi is set to announce the Neopolis IT Township project in Technopark Phase-IV, Thiruvananthapuram, a Rs 1,000 crore initiative under the Union Ministry of Housing and Urban Affairs. Part of the Outer Area Growth Corridor (OAGC), this project aims to establish a cutting-edge urban ecosystem. It represents one of eight such projects nationwide, with Thiruvananthapuram as Kerala's sole beneficiary. The Neopolis IT Township will support aerospace industries, electronics, software, and IT, focusing on advanced technologies like artificial intelligence, robotics, IoT, blockchain, and machine learning. Envisioned as a self-sustaining urban environment, it will integrate business hubs, residential spaces, shopping malls, recreational zones, and five-star hotels, fostering economic growth and innovation. The state government has set up a nine-member joint panel, led by the IT Secretary, to oversee planning and coordination. This Special Purpose Company (SPC) involves Thiruvananthapuram Corporation, Andoorkonam and Mangalapuram Panchayats, CRDP, and Technopark. Strategically located on Thiruvananthapuram’s outskirts, the township will utilize existing infrastructure while driving future economic opportunities. It complements the QUAD initiative within Technopark Phase-IV. The project stems from the 15th Finance Commission's recommendation, which allocated Rs 8,000 crore for smart city development in eight states. Kerala's proposal was submitted in August 2023, aligning with criteria for advanced urban growth. This transformative venture highlights the synergy between central and state governments in fostering innovation and urban progress. The official announcement underscores the government’s commitment to positioning Thiruvananthapuram as a global IT and aerospace hub.

Next Story
Infrastructure Energy

SJVN Commissions 129 MW Solar Capacity In Bikaner

State-owned SJVN Limited has announced the commissioning of 128.88 megawatts (MW) of solar capacity at its 1,000 MW Bikaner Solar Power Project in Rajasthan.With this addition, the project’s cumulative commissioned capacity has reached 629.90 MW, while the remaining capacity is expected to be operational soon, the company said in a filing to the stock exchanges.The project, developed through SJVN Green Energy Limited (SGEL) — a wholly owned subsidiary of SJVN — achieved commercial operation of the new capacity on 30 September 2025.Once fully commissioned, the 1,000 MW Bikaner Solar Power..

Next Story
Infrastructure Transport

Rs 5 Billion Flyover Planned To Ease ISBT Traffic Chaos

Delhi commuters may soon get long-awaited relief from the chronic traffic congestion near the Kashmiri Gate Inter-State Bus Terminal (ISBT), as the government plans to construct a new flyover linking Nigambodh Ghat (near Margat Wale Baba) with Majnu Ka Tilla.Officials said the project is part of an ambitious plan to transform the Rajghat–Majnu Ka Tilla corridor into a red-light-free stretch, drastically reducing travel time between central and north Delhi.Traffic around ISBT is notoriously congested, with vehicles merging from five different directions, creating frequent bottlenecks. “The ..

Next Story
Infrastructure Transport

Cabinet Clears Rs 69.6 Billion Project To Safeguard Kaziranga

Union Minister Sarbananda Sonowal has welcomed the Union Cabinet’s approval for the four-laning of the Kaliabor–Numaligarh section of National Highway 715 in Assam, describing it as a decision that reflects Prime Minister Narendra Modi’s environmental sensitivity and commitment to protecting wildlife.The decision, approved by the Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister, involves widening and upgrading the existing highway into a four-lane carriageway, including the implementation of wildlife-friendly measures along the Kaziranga National Park stretch...

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?