Wednesday 19 June 2013

Have a shelter on the laps of the queen of the Arabian Sea

Kochi with its beautiful landscape and modern amenities always fascinated the people from all over Kerala to have a residence here.

Kochi, the financial capital of Kerala has a reputation as a trade center even centuries back. Its geographical position made it one of the most favored sea ports in India. Many Arabian countries used to involve in trading through this port in the earlier days too. Now, with the arrival of the container terminal at Kochi, the city has emerged as a prominent port city in India.

Development of Kochi does not limit to the container terminal. Many projects are in waiting. While some are under construction, some are yet to take off. Seeing a very good opportunity many companies are investing here in this city in real estate. This trend helps the real estate in Ernakulam to reach new heights.

The city, with its beautiful landscape and modern amenities always fascinated the people from all over Kerala to have a residence here. With the fast development the city experienced in the last one decade, the reputation of Ernakulam, heart of Kochi city has been spread to other parts of the country too. Now it is a cosmopolitan city where people belong to different states and countries residing in harmony.

City is not expecting any major industries to come up here and hence there will not be any problems of pollution. Secondly, the city is mainly aiming at service based industries such as information technology, bio technology, logistics etc. These are the thriving industries world over and are the industries that offer the highest payment to the staff. Naturally, the people will be interested to enjoy the life more and to explore this trend all types of entertainment facilities are arranged here. All global brands have a strong presence here and recreation centers such as clubs, gymnasiums etc are there and most of them keep a world class quality and standards. Several food outlets and restaurants have come up here which are serving all types of cuisines. High literacy rate and the health conscious of the locals help to keep the hygienic level high. Thus Kochi city, more clearly its heart Ernakulam has developed as a favorite residential area for the upper class and higher middle class people.

There are many developed residential colonies in and around Ernakulam. Many colonies such as Panampilly Nagar, Giri Nagar, and Gandhi Nagar etc enjoy the reputation for the high living standards and have became known landmarks in the city. Several other colonies are coming up. Several builders and developers are under the process of using this positive trend in the Ernakulam real estate sector. Luxury apartments and Villas are coming up in large numbers. Once the ongoing projects such as Smart City are finished, the city is expecting a rush of many people for employment. Naturally they prefer to have an accommodation here. At that time the rates will increase and the rental too will be good when compared with the investment you made. This is the reason for an increased rush for purchasing properties in  Ernakulam. According to the financial experts, this is the right time to invest in real estate in Ernakulam.

25 comments:

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