Realty Rising in Kochi I
Posted on December 14, 2009 - Filed Under Advice | Leave a Comment
Sahara real estate is investing 300 crores in Kochi. There is a demand for 100,000 quality flats in Kochi alone.
The flats of Sahara will be priced between 36 and 80 lakhs. 14.72 acres have been taken along the Kakanad Airport_Seaport Road.
Infy is investing 525 crores in Kerala and Jaipur, to develop a 20,000 seater. TCS is investing 900 crores and Wipro 600 crores. So there will be a realty boom, wherever these investing are going.
HDIL Plans 70 Acres Cybercity at Kalamaserry
Spread over an area of 70 acres, HDIL Cybercity will be Kerala's first integrated IT Township. Besides IT Township, it will have IT/ITES, Residential Apartments, Villas, Schools, Shopping Malls, Mutliplex, Club House, Service Apts and a Star Hotel . HDIL will be investing 4000 crores in this project.
By constructing HDIL CYBERCITY at Kalamaserry in Kochi, we propose, not only to create a world class IT Hub in Kerala, but also to provide 60,000 direct and 1,50,000 indirect jobs at Kochi. This is our small and humble gift to the people and the State of Kerala said Mr. Rakesh Kumar Wadhawan, Chairman, Housing Development and Infrastructure Ltd.
With a built up area of 80 lakh sq feet in Kalamassery, Kochi, HDIL Cybercity is the first flagship IT project in Kochi. It is the first and only integrated IT Township in Kerala. Various zones of Residential, IT, Commercial, Hotel, Social, and Infrastructure amenities have been develped, according to their internal relationships to each other and keeping in mind the natural flow of spaces. The project will also generate over Rs.425 Crores of Revenue for the Government of Kerala by way of Stamp and Registration duty and Employee Welfare and Village Tax, .despite providing 60,000 direct and 1,50,000 indirect jobs to the people of Kochi, NASSCOM has ranked Kochi as the second most favoured IT destination. Some of the IT majores have plans to set up campus in Kochi in the next five years and NASSCOM has project about 500,000 jobs in Kerala in the IT/ITES sector.
real estate prices are rising, as many realty projects are in the pipeline
Gujarat has attracted $ 242 billion as FDI and is the ideal growth state. She is one of the most industrialised Indian states
Article by G Kumar, astro scholar, writer & programmer of site www.realtykochi.com & www.realtyspeculation.com He has 15 years research experience in Stock Market Astrology and in various other branches of Astrology and you can get his free tips at www.stockmarketastrology.com
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