Kerala builders keen on skyscrapers
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In Kerala State property rates are going high owing to the lack of property and endless flow of foreign payment and fund orders Homesteads have become more expensive and near by property for new ventures has become extremely pricey.
As per to the sources saying @ the www.propertykhazana.com, Land in Munnar tot up between Rs.5-10 Lakhs a cent, addition to the ventures rate considerably. The price in Kumarakom is not so different and fine property is difficult to come by in these main tourists spots. Therefore, the nature of resort tourism with buildings and cottages is giving way to apartment building. While the start of apartment buildings in the places like Kochi and Thiruvananthapuram is measured as an expected part of urbanization. The addition of this society to high-rich resort tourism destinations like Munnar and Kumarakom is completely unnecessary, said Executive Director of CGH Earth Group of Hotels to the www.propertykhazana.com.
While in contention against high-rise structures, CGH Earth Group says that the only way to go ahead for the hospitality industry is to hike the rental of rooms. However, there is a limit afar which room prices cannot be changed. Now Kerala is supposed to be termed as an expensive destination and draws the attention of international tourists, with many rival destinations within and outside the country as far as the boarding prizes is concerned.
Protecting high-buildings, builders say that the expensive of property is that each extra cent of property is added to the venture rates. And from a good portion of the area came from the cardamom hill reserve, land used for renovation was firmly banned. For more updates on realty markets browse www.propertykhazana.com.
Apartments, Flats and Property for Sale in Munnar
Apartments, Flats and Property for Rent in Munnar