01-16-2009, 02:39 AM | #1 |
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On an upswing
The real estate builders in Kerala are on the lookout for new areas and different projects. Currently a number of these builders, both at national and international levels, are finalizing deals with land owners to acquire land. In Kerala, there are multiple projects of different magnitudes already in progress. Quite a few projects have been identified as well as announced, which we will be developing in the near future. The size of the investments differs from company to company.
Some of the builders from Kerala are also planning to expand their horizons and are planning to invest huge amounts of capital in developing residential and commercial projects all over India. They plan to undertake work in various cities like Delhi, Gurgaon, Ahmedabad, Pune and Chennai over the next few years with intentions to widen their base. Most of these new bred of companies in Kerala are involved in the following; buying and selling of house, plots for house construction, home maintenance and repairing services, house extension works in addition to arranging home loans. They are ready to even undertake all the necessary document preparation works for arranging finance for either purchasing a plot or constructing a house. The demand for Real estate in Kerala will continue to grow in the coming years as more and more developmental projects promise huge infrastructure investments in Kerala. It is also a state highly preferred by NRIs who plan to have a home in some of the big cities of Kerala like Trivandrum or Kochi due to its urbane lifestyle, good health care facilities, educational institutions and recreation options. |
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