Now part of greater developments in the hot destination

Discussion in 'Finance & Pensions' started by nerinjon01, Nov 17, 2009.

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  1. The hottest Properties in Kerala are found in the city of Cochin. Perhaps in no other city in Kerala can you see such demand for properties and a phenomenal increase in land values. Cochin City is now continuously developing and expanding and in a short span of time there will be nothing left to be called as a rural area.

    Consider the developments in the area linking Edappally to Vytilla. Due to the saturation point reached in a short span of time due to the building boom in the urban areas and the difficulty to further develop those lands, this area has now emerged as a hot favorite of the leading builders and realtors. Much land is now available for real estate development and using certain routes, it is possible to reach the key urban centers at short notice from Vytilla.

    When considering the developments in the panchayats adjacent to Kochi Corporation, these panchayats are likely to join become part of the Corporation in the near future. While Thrikkakara has seen much development in earlier times due to its historic leanings, the panchayats of Cheranellore and Maradu are able to attract investments not only due to its proximity to the city Corporation but also due to the lower costs involved in developing real estate.

    After the city corporation, the municipalities in Cochin are witnessing feverish pace of development. While Kakkanad has seen much development due to the presence of Infopark, Kalamassery has made a name for itself as an industrial hub. Even though many of the thriving industries in the past are now chronically sick units, land from such industrial units are now available for real estate development.

    The municipality of Thripunithura is another area where there is a beehive of construction activity. Scores of real estate transactions now take place in this unique locality. Almost all the prominent builders have at least one real estate project that has been completed or is going to be completed in a short span of time.
     

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