Cochin, also known as Kochi is the commercial capital of Kerala. It is also known as the Queen of the Arabian Sea. Historical places, palaces, forts, old churches, beaches, backwaters, snake boat races, Kathakali, museums, etc. are all blended with the convenience of a big city with towering buildings, luxury homes, and business centers in Cochin. As a result of the merger of the then neighboring towns and villages of Fort Cochin, Mattanchery, Ernakulam, Edapally, Vytilla, Vennala, Thevara, etc. Kochi came into being in 1967. Today Cochin is the industrial, business and tourism capital of Kerala and is one of the largest and most important cities in Kerala. Cochin is also known to be the second most important city on the Western coast of India.
Cochin is also the only metro located in Central Kerala. It is a bustling commercial hub of Kerala due to the presence of the Airport, Railway junction, Industrial Units and Hill produce trading centers. Due to the Ayurvedic Resorts in its precincts Cochin is also becoming a Tourist Hotspot in Kerala. To meet and sustain the fast growing economic development and travel demands from within India and abroad, this city has an international airport. The increasing travel demands are due to the million NRIs of Kerala who are living abroad. In terms of growth, abounds in public sector undertakings and agro-based commodity promotion boards, City of Cochin is next only to Mumbai. There are excellent residential areas, commercial, hospitals, hotels, schools, banking and food facilities available in Cochin. Hence the increasing demands for the Cochin apartments.
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The City of Cochin cochin apartments
#2
Posted 20 February 2012 - 12:03 PM
I have heard that the real estate business is booming in Cochin.
Is it right or the real estate market in Cochin is in recession as well??
Is it right or the real estate market in Cochin is in recession as well??
#3
Posted 21 February 2012 - 04:07 AM
PashaG, on 20 February 2012 - 12:03 PM, said:
I have heard that the real estate business is booming in Cochin.
Is it right or the real estate market in Cochin is in recession as well??
Is it right or the real estate market in Cochin is in recession as well??
As we all know there is a recession in the global market. So, because of that the volume of real estate transactions in Kochi have come down, but luckily things are not on the negative side yet.
We have to remember that this is India and it is a place full of surprises. Kerala is also the most literate state in the country, therefore I am sure that there are many good things in store for Kochi.
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