The playing arena has been constructed in line with FIFA and International Cricket Council norms.

The adjoining Pavilion accommodates the latest facilities for squash, volleyball, basketball, table tennis, and an Olympic size swimming pool.

The first fully eco-friendly stadium in India, it is surrounded by green plants and also has a rainwater harvesting facility.

The State Environment Impact Assessment Authority and Pollution Control Board have commended the builders for the green initiatives taken.

It was the first stadium in India built on the DBOT (design, build, operate and transfer) basis.

On 27 May 2016, the Kerala Cricket Association (KCA) signed an agreement with Kariyavattom Sports Facilities Limited (KSFL) to take Greenfield Stadium on lease until 18 November 2027.

The KCA will pay a fixed amount as fees and will share revenue with KSFL when international matches are held at the stadium.

A joint committee consisting of six members, three each from KCA and KSFL, will manage and monitor the activities during the lease period.