GCDA Budget mulls land pooling for third phase of Infopark development

The Greater Cochin Development Authority would adopt the land pooling method to develop 300 acres of land for the third phase development of Infopark. In addition, automated parking lots backed by software to guide motorists would be readied at multiple places in Kochi, GCDA Chairman K. Chandran Pillai told media persons after presenting the Budget for 2025-26, which also happens to be the agency’s golden jubilee year. The Ambedkar Stadium near the Ernakulam KSRTC bus stand would be rebuilt at a cost of ₹90 crore to accommodate 15,000 people and to host, among others, football matches. The Budget also laid emphasis on tourism projects in the form of eateries, cafes, and tourist circuits covering West Kochi, Thripunithura, and Marine Drive, for which ₹35 lakh has been set apart.