Kochi: Cherthala Infopark woos firms with rent-free period

KOCHI: In an effort to attract more IT companies to its campus, Infopark’s Cherthala campus has announced a rent-free period for IT/ITES companies in search of office spaces in the special economic zone (SEZ).

The offer enables IT companies to enjoy offices with the same facilities and standards as that of office spaces in Infopark’s main hub in Kochi. The six-month rent-free period will be applicable to new companies that begin their operations from Cherthala campus on or before March 31, 2023, said the park authorities.

As part of the initiative, Infopark has also arranged travelling services for IT professionals commuting from nearby towns, such as Vytilla and Alappuzha, at reasonable and affordable prices, says a press note issued by the park.

Along with the offer, the park authorities are expecting that the state-of-the-art infrastructure similar to Infopark Kochi will also attract IT/ITES companies to Cherthala campus, which is surrounded by Alappuzha’s major tourist attractions.

Currently, the office facilities are mainly available in Chaithanya building which is within the limits of SEZ. It has plug-and-play and warm shell spaces. Companies can lease plug-and-play spaces for Rs 44.68 per sq ft and warm shell spaces for Rs 26 per sq ft in the building.

The possibility of enjoying the same facilities as in Infopark Kochi is what attracts the companies to Cherthala, said a source at the park.