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90 residential units will be built in six plots owned by the GCDA.
GCDA, the owners of the stadium, have planned to invest in turf protection tiles.
The CKAT towers built by the Army Welfare Housing Organisation (AWHO) were bought by over 260 families of serving or retired army personnel.
The Jawaharlal Nehru International Stadium in Kochi is expected to host 10 matches in the season, including the inaugural game.
Venugopal termed the defeat as "technical" and said he would consider demanding a repoll after consultations with the party leaders.
Tendulkar had gifted a jersey, a signed bat and a ball that he had used when the pavilion was opened on November 20, 2013.