Technopark, India’s premier state-owned IT park, has invited Expressions of Interest (EoI) from reputed private real estate developers to partner as co-developers for the construction and operation of an IT building and commercial complex under the flagship โQUADโ project at Technocity. Located near Pallippuram, Technocity is Phase IV of the Technopark.
The QUAD project is a 30-acre non-SEZ integrated IT micro-township, comprising two IT towers, a commercial complex, and a residential component. The current EoI pertains to the second IT building and the commercial complex. The IT building will be developed on 4.50 acres with a built-up area of approximately 800,000 sq. ft., scalable up to 1.35 million sq. ft. with Floor Area Ratio (FAR) 7. The commercial complex will span 5.60 acres, offering around 900,000 sq. ft. of space, scalable up to 1.7 million sq. ft. with FAR 7.
The second IT building will be leased on a long-term basis, providing co-developers the opportunity to attract reputed IT/ITeS companies and operate from a high-demand destination. With around 125 companies currently in the queue for IT space, QUAD offers a compelling proposition to partner with Technopark, one of the largest and greenest IT parks in the country, backed by the Government of Kerala.
A pre-bid meeting to brief interested developers on the EoI details will be held on December 30 at 4 pm, both online and offline. The date for the EoI presentation is January 5, 2026.
Image Courtesy: Technopark
