Kochi turns to be a productive target for investors
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As per the source saying @ the www.propertykhazana.com industrial capital of Kerala, Kochi is drawing the attention of NRIs and the city presents striking investment chances for realty and huge number of NRIs are interested to purchase residences in Kochi.
One of the main offerings in the city’s rapid growth is the hiking number of IT jobs. Realty developers from within the country and abroad are seeing Kochi as the new investment place and the city is not only drawing realty developers from the country but also from Middle East. Real estate giants like DLF, Sobha Developers, Ansals, Puravankara, Confident Group, Oceanus, Unitech, Nitesh Estates, HDIL, Prestige Group, Emaar MGF and Parsvnath Developers has made the investment of about $2.5 Billion in Kochi, added the source @ the www.propertykhazana.com.
Most dependable names from the Middle East based business groups have projected into Kochi like KGA Group of Kuwait, EMKE Group of Abu Dhabi and Indroyal and some of them are also investing in the hospitality segment to open lavish hotels. Kochi has seen a rate rise of about 60% in 2007 in the realty segment and from the past 6 months, half-a-dozen developers have declared their proposals of entering Kochi. Already many have purchased massive parcels of property and an industry spectator and the ex-builder said @ the www.propertykhazana.com that, “Land development and realty activities have outshined the state’s flourishing tourism segment and this explosion maximized the foray of many developers and ventures.”
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