Meet The Iconic at Technopark

Technopark continues to expand its commercial infrastructure to accommodate the evolving needs of the IT industry. The proposed The Iconic IT project in Technopark, Thiruvananthapuram, marks a new addition to this growth, with Caspian Tech Parks planning a ₹140 crore investment in a Grade A IT/ITeS office development. Expected to create over 1,500 direct jobs, the project aims to strengthen the city's capacity to attract technology companies and support employment opportunities.

About the Project

The Iconic is a proposed eco-friendly commercial IT development designed to provide modern office infrastructure for IT and IT-enabled services companies. Planned on approximately 1.40 acres of non-SEZ land within Technopark Phase I, the development will have a basement, ground floor and 14 upper floors (B+G+14).

With over 2 lakh sq. ft. of super built-up area, reportedly extending to approximately 2.7 lakh sq. ft., the project is intended to address the demand for premium office spaces and bridge infrastructure gaps within Kerala's IT ecosystem. Its non-SEZ location also provides an alternative for companies seeking office space outside Special Economic Zones.

Project Introduction and Current Status

The project reached an important milestone on 8 October 2026, when the MoU between Technopark and Caspian Tech Parks was exchanged in the presence of state officials and industry representatives.

Following this agreement, the project has entered its pre-construction and design finalisation stage. The developer has indicated a target construction period of 15 months from the commencement of active ground works.

Who Will Benefit and What Will Change?

The Iconic is expected to benefit different segments of the IT industry and the local economy.

• IT/ITeS professionals and job seekers: More than 1,500 anticipated direct jobs will create additional employment opportunities in Thiruvananthapuram.
• Established technology companies: Grade A office infrastructure and a non-SEZ location will offer additional workspace options for mid-sized and large enterprises.
• Startups and freelancers: Managed office spaces and co-working facilities will provide flexible workplace options for smaller businesses and independent professionals.
• The local business ecosystem: The expected workforce and business activity could support demand for food services, transportation and hospitality businesses.
• Kerala's IT sector: The development will add to Caspian Tech Parks' existing presence across Technopark, Infopark and SmartCity, supporting the expansion of the state's IT infrastructure.

Facilities and Infrastructure

The development will incorporate several workplace and convenience features, including:

• Rooftop food court and meeting rooms.
• Managed offices and co-working spaces.
• Common reception and on-site ATM.
• Two-wheeler and four-wheeler parking.
• Round-the-clock security and CCTV surveillance.
• Eco-friendly design and supporting infrastructure.

The Iconic: Strengthening Technopark's IT Infrastructure

The Iconic represents another proposed addition to Technopark's commercial infrastructure, combining premium office space, flexible workplace facilities and employment potential. With a ₹140 crore investment and a targeted 15-month construction period after ground works begin, its progress towards implementation will determine when these proposed benefits become available to businesses and professionals.

FAQs

1. What is The Iconic project at Technopark, Thiruvananthapuram?
The Iconic project is a proposed Grade A eco-friendly IT/ITeS office development by Caspian Tech Parks at Technopark Phase I. Planned with a ₹140 crore investment, the project will feature a B+G+14-floor structure with over 2 lakh sq. ft. of super built-up area.

2. Where will The Iconic IT project be located?
The Iconic will be developed on approximately 1.40 acres of non-SEZ land within the Technopark Phase I campus in Thiruvananthapuram, Kerala. The project is officially assigned to an 81.42-cent land parcel.

3. How much investment and employment will The Iconic project generate?
Caspian Tech Parks has proposed an investment of ₹140 crore for The Iconic at Technopark. The development is expected to generate more than 1,500 direct jobs, creating additional employment opportunities for IT/ITeS professionals and job seekers in Thiruvananthapuram.

4. What facilities will The Iconic offer at Technopark?
The project includes facilities like rooftop food court, meeting rooms, managed office spaces, co-working hubs and a common reception. Additional facilities will include two-wheeler and four-wheeler parking, 24/7 security, CCTV surveillance and an on-site ATM.

5. Who will benefit from The Iconic development in Technopark?
The project is expected to benefit IT professionals, job seekers, established technology companies, startups and freelancers. Its managed offices and co-working spaces will support smaller businesses, while the expected workforce could also create additional business opportunities for local food, transport and hospitality services.

6. When will The Iconic project at Technopark be completed?
The Iconic entered its pre-construction and design finalisation phase following the MoU exchange on 8 October 2026. Caspian Tech Parks has indicated a target completion period of 15 months from the commencement of active ground works.