Post by gerty on Mar 8, 2012 5:16:09 GMT -5
With the boom of the IT industry in the city, kochi real estate is experiencing a constant surge. The demand for residential and commercial spaces is on the rise. People who migrate to settle in Kochi want to occupy luxury villas, apartments and flats in the city. Many are employed in the IT parks and IT hubs in Kochi and so most of them dwell in the city considering the convenience to reach their job locations. Others reach with an intention to have a better lifestyle. The real estate builders gain profit from both the groups.
Villas, flats and apartments in scenic spots are also much popular and preferred by many. Luxury resorts and hotels in such places are also a means of income for the Kochi real estate builders. These mainly target the tourists coming to the city. The development in Kochi tourism industry thus positively influences the real estate sector of the city. Many natives too arrive at the resorts to spend their vacation. Most of the builders include facilities like spa and fitness centers in their ventures. These attract people, especially the tourists. Builders in the city are also approached for commercial spaces by the upcoming IT firms and multinational companies. Furthermore, shopping malls, ayurvedic therapy center, etc. also give profit to the builders.
Real estate property dealings are also lucrative in Kochi. Properties are priced at high costs and are put up for either sale or lease in the city. Buying the land and selling it for higher price is also widely practiced.
Villas, flats and apartments in scenic spots are also much popular and preferred by many. Luxury resorts and hotels in such places are also a means of income for the Kochi real estate builders. These mainly target the tourists coming to the city. The development in Kochi tourism industry thus positively influences the real estate sector of the city. Many natives too arrive at the resorts to spend their vacation. Most of the builders include facilities like spa and fitness centers in their ventures. These attract people, especially the tourists. Builders in the city are also approached for commercial spaces by the upcoming IT firms and multinational companies. Furthermore, shopping malls, ayurvedic therapy center, etc. also give profit to the builders.
Real estate property dealings are also lucrative in Kochi. Properties are priced at high costs and are put up for either sale or lease in the city. Buying the land and selling it for higher price is also widely practiced.