Cochin Port Authority has launched an ambitious land monetisation plan, offering around 140 acres for long-term lease to developers looking to build commercial and hospitality projects, as reported by ET Infra. The move is expected to generate more than ₹500 crore in upfront revenue.
The land is being broken into two parcels. A 55.3-acre plot, located south of NH-966B between Willingdon Island and the NH-66 at Kundannoor Junction, is already under tender. A second parcel of approximately 85 acres is expected to be offered soon.
Under the tender, the land can be used for a wide variety of developments — hotels, convention centres, office complexes, sports stadiums, educational institutions, hospitals, and public spaces. The lease terms are for 30 years initially, with an option to renew for another 30 years.
This initiative comes as part of Cochin Port’s broader strategy to monetize non-operational land, particularly because a large portion of its cargo traffic is oil-based, limiting traditional PPP monetization.
