Growing from strength to strength

The real estate scenario is looking quite upbeat. Real estate consultants are forecasting rising rates and home owners are undoubtedly a happy lot. The interest on home loans still remains one of the best ways to save taxes. The value for Cochin property is on the rise as it is directly linked with the new projects such as IT Park, container terminal, and airport etc. Alongside it is also anticipated that the city of Cochin will witness grand investments on infrastructure development for highways, shopping malls and housing projects. This will surely send the prices of property skyrocketing. Moreover, it is one of the few ports of the world with all the three main forms of transport i.e. land, sea, and air, all centred in the same place.

Cochin has been proclaimed as the economic capital of Kerala with trade and retail being its fundamental business sphere. The economy of this city is on an upswing due to the city tourism and international trade. In Cochin, areas such as Thripunithura, Kakkanad and Alwaye are preferred choices for the residential sector, while bypass, Kaloor- Kadavanthra Road and SeaportAirport roads are potential areas for the commercial developmental activities. Kerala is a state with at one family member of each family is working in the Gulf, and because of this Cochin’s resident population is exploring new business ventures. With expansion in business there is an expected increase in demand for commercial and residential property.