Maratt Group, a Bengaluru-based real estate company, will set up its first knowledge-based Information Technology (IT) building at Maratt Techpark in SmartCity Kochi, Kerala.

The project will be developed at an investment of Rs 112 crore. The project will come up over 3.06 acres with a total area of half a million sq ft and leasable area of 3.5 lakh sq ft.

Maratt Techpark is expected to create employment opportunities for over 4,000 IT professionals. The building is expected to be complete and operational by April 2021.

The upcoming building is designed in accordance with the green building concepts to provide top quality IT space to companies. It will have three levels of car parking and seven floors above it. The parking area can accommodate 570 four-wheelers and 2,600 two-wheelers.

Each floor will have a carpet area of 50,000 sq ft, which can be divided into four independent work spaces if required.

The building includes LEED certification, energy-saving measures, sewage treatment plant, solid waste disposal measures, power backup and use of solar power.