Post by leeann on Jul 30, 2011 5:34:38 GMT -5
The soaring prices of the real estate Kochi is due to the various facilities that have now come up in Kochi. Kochi has today become the center place of all activity in not only Kerala but the whole of India.
Major industrial investments are expected to be attracted and large scale employment to be thrown up due to the port based special economic zone which is a special enclave at Puthuvype. Opportunities will be offered by this project in various associated ventures such as an international ship repair complex, a gas based power project and a desalination plant. As a part of the port based activity a free trade warehousing zone has also been sanctioned. This would serve as another attraction for the investors who want to opt for real estate investments in Cochin. Cochin is expected to need an additional accommodation facility for more than 25,000 people within a five year period. A major demand supply gap in commercial and residential properties is expected to be created.
A special committee has been appointed to prepare a project to reform traffic system in Cochin City by the GoK. The plan that has been recommended by the committee includes the construction of 16 roads, out of which five need to be completed urgently. Besides these, it has also been suggested that Cochin can have 3 or 4 more over bridges other than the South and North over bridges that carry the majority of the traffic in and out of the city. AS per the city development plan most of these roads are proposed to be upgraded to NH standards.
Major industrial investments are expected to be attracted and large scale employment to be thrown up due to the port based special economic zone which is a special enclave at Puthuvype. Opportunities will be offered by this project in various associated ventures such as an international ship repair complex, a gas based power project and a desalination plant. As a part of the port based activity a free trade warehousing zone has also been sanctioned. This would serve as another attraction for the investors who want to opt for real estate investments in Cochin. Cochin is expected to need an additional accommodation facility for more than 25,000 people within a five year period. A major demand supply gap in commercial and residential properties is expected to be created.
A special committee has been appointed to prepare a project to reform traffic system in Cochin City by the GoK. The plan that has been recommended by the committee includes the construction of 16 roads, out of which five need to be completed urgently. Besides these, it has also been suggested that Cochin can have 3 or 4 more over bridges other than the South and North over bridges that carry the majority of the traffic in and out of the city. AS per the city development plan most of these roads are proposed to be upgraded to NH standards.