Sobha Hi-tech City
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Sobha Hi-tech city is a planned industry township for knowledge-based companies to be constructed in
Kochi Kochi (), also known as Cochin ( ) ( the official name until 1996) is a major port city on the Malabar Coast of India bordering the Laccadive Sea, which is a part of the Arabian Sea. It is part of the district of Ernakulam in the state of K ...
, India. The project, being constructed by
Sobha Developers Ltd Sobha Limited (formerly Sobha Developers Limited) is an Indian multinational real estate developer headquartered in Bangalore, India History SOBHA Limited was founded on 7 August 1995 by P.N.C. Menon. The company has also executed projects ...
, will come up at
Maradu Maradu is a fast developing region in the city of Kochi in Kerala, India. It is located at about from the city center. It was formed in May 1953 as a Grama Panchayath and was upgraded to the level of municipality in November 2010. National h ...
. With an initial investment of Rs. 50 billion, the project also has the single highest investment in
Kerala Kerala ( ; ) is a state on the Malabar Coast of India. It was formed on 1 November 1956, following the passage of the States Reorganisation Act, by combining Malayalam-speaking regions of the erstwhile regions of Cochin, Malabar, South ...
. On completion, the project is expected to have of developed space for research, trade and development in Information technology,
biotechnology Biotechnology is the integration of natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services. The term ''biotechnology'' was first used b ...
,
electronic hardware Electronic hardware consists of interconnected electronic components which perform analog or logic operations on received and locally stored information to produce as output or store resulting new information or to provide control for output actu ...
and other knowledge based services. The project would be among the largest such ventures in the country, and is expected to generate over 75,000 direct jobs. There were major opposition to the project from parties in the ruling
Left Democratic Front The Left Democratic Front (LDF) is an alliance of left-wing political parties in the state of Kerala, India. It is the current ruling political alliance of Kerala, since 2016. It is one of the two major political alliances in Kerala, the oth ...
and environmental activists alleging massive destruction to the environment. Despite the delays due to this, the government recently gave permission to this proposed project. More bureaucratic formalities need to be completed before the construction begins. The current status of this project looks bleak as the proposed land comes under the purview Coastal regulatory zone(CRZ)law, which forbids any massive construction.


See also

*
Economy of Kochi An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the p ...


External links


Sobha Developers inks MoU with Kerala for Rs5,000 cr township


* ttp://expressbuzz.com/cities/kochi/sobha-hitech-city-claimed-to-be-eco-friendly/183800.html The Sobha Hitech City at Valanthakad in Maradu will be an environment-friendly project... Buildings and structures in Kochi Proposed buildings and structures in India {{Ernakulam-geo-stub