Abdullatif AlMulla, CEO of SmartCity Dubai and chief business development officer of Dubai Holding, which is the main promoter of SmartCity Kochi, said with the grant of building permit, all major regulatory requirements for the first building had been obtained. The building will be ready for fit out by the end of next year.
Baju George, managing director, SmartCity Kochi, said the company had also received formal communication from the Environment Clearance Board, intimating the approval, subject to the filing of an affidavit, which the company would be doing this week. Land development activities had already started at its first building's construction site in Edachira, Kakkanad. As part of the green construction, more than 130 trees are also being relocated in the site.
The first IT building is expected to be ready in 18-22 months at a cost of Rs 170-180 crore. Phase I also includes a bridge across the river Kadamprayar.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
