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jelinn
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Dec 4 2013, 08:49 AM
Post #1
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Times are gone when money invested in land or property is considered to be dead money. Now the real estate sector is shining because of the steady rise in the property prices and the investments happening in the sector. Kerala is attracting real estate remittances like a magnet. This is mainly due to many favourable factors, happening in the state. These include liberal governmental policies, development in infrastructure and other progressive measures undertaken by the state. It is no longer just a verdant natural landscape but now show the signs of a progressive state where nature and development coexist. Kochi is among the key states that have seen massive development in recent times. Its ambitious projects like the setting up of software technology hubs – Infopark in Kakkanad and SCEZ at Seaport-Airport road, Vallarpadam Container Terminal etc have all met with success, making Kochi a preferred destination for setting up houses and commercial establishments. This is evident in the huge sale of apartments and housing options in Kochi and its neighboring places. There has been a rise in demand for flats, villas and apartments in Aluva , Kottayam, Alleppey etc. as they lie in close proximity to Kochi. This rise in real estate sector is expected to continue in coming years as well. The presence of world class shopping malls, theatres, hospitals and schools have made it a cherished place to live, not just for NRIs but also for its non-resident population staying out of Kerala. Gone are the days when it was only seen as a primarily agrarian economy.
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12:29 AM Jul 14