Destination Kochi
 Kerala with its large Expats is one of the biggest consumer markets in India. But it is also becoming a Fast Track developing state in India. Industrial development in Small and Medium (SME) sectors are also round the corner.
Infrastructure in the IT sector is fast developing with the emergence of Techno park in Trivandrum and Infopark in Kochi. Now Investments in IT sector are pouring in. The Dubai based Tecom company and the government has tied up to build an 8.8 million square feet IT infrastructure facility called Smart City of Rs.l 700 Crore, is expected to boost the IT sector in Kochi and generate 1 lakh jobs in this sector.
Cashing on the momentum generated by the state agencies in IT sectors, private players are also started investing in the IT infrastructure.
The Cochin Port Trust is implementing Vallarpadam Container Transshipment Terminal, the Cruise Terminal. Bunkering terminal and many others are yet other additions to the development of Kochi .
Demand and Development of Real Estate Business
With so much employment potential, the demand for housing, both Flats and single Houses, Villas and Townships are on the increase at the same pace. With this mind, all major realtory players in the national level have moved in with their investments,
Customers
NRIs with a view of long term investments, are buying Apartments and villas to cash on the future demand as an investment point of view. Now even local buyers are also entering in to such purchases, for a long term investment point of view.It has been found that both such buyers wanted to deal with Small and Medium type Builders for ease of transaction and flexibility.
We find that there are a good number investors, NRIs and Local, who wanted to invest in such Projects but for lack of contact, experience, time, expertise or insufficient fund. |
