kochi housing development and infrastructure limited hdil one of the largest real estate companies on thursday launched their cybercity project at nearby kalamasserythe promoters of the project blue star realtors private limited 100 percent owned subsidiary of hdil will invest approximately rs 2300 crores in the project for which the state government had granted necessary clearances and sez status by centrethe project will be a stateoftheart built up space of about 10 million square feet in the 70 acres land at kalamassery special economic zonestate industries minister elamaram kareem inaugurated the commencement of the project state minister for transport joe thettayil were among those present on the occasionannouncing the commencement of cyber city rakesh kumar wadhawan chairman hdil said kochi has emerged as one of the top itites commercial real estate destinations the project is expected to generate 60000 new direct jobs