:: PROFILE ::
 
Real Estate business in Kerala:
 
 
Real Estate business is getting momentum due to the fastest urbanization consequent to industrial development and IT revolution throughout India.
   
 

Kerala, the God’s Own Country is rapidly growing as world’s best tourism hub and is also a forerunner in information technology.

The upcoming projects like Vallarpadam Transhipment Terminal, Vizhinjam Port, Petronet LNG Terminal at PuthuVypin etc. are laying the foundation for the rapid growth. The shift from agriculture to business like tourism especially health tourism, echo tourism, farm tourism and Information Technology, is accelerating the urbanization in kerala.
   
 

Kochi, the commercial capital of Kerala is having the highest bandwidth is attracting huge investments in Information Technology. The projects like Smart city, Shoba Hitech city, CIAL IT Park, HDIL cybercity, Infopark, Kinfra Hitechpark, Kalamassery, are a few projects coming up in Kochi.
The city is also a health tourism destination due to the presence of Lakeshore Hospital, Amritha Institute of Medical Sciences, Kolenchery Medical Mission Hospital, Co operative Medical college, Medical Trust, Lissie and Lourde hospitals etc. The proximity to the India’s third largest Airport CIAL,  Nedumbassery and the locational advantage of nearer to Munnar, the Hillstation of Kerala, Alleppey the Venice of the east and Kumarakam,the lakeresort detination are also augmenting the importance of Kochi.
   
 
The youth with their highly remunerative profession/employment is enthusiastic of investing in real estate/residance at their younger age. This is another factor for the real estate boom in and around Kochi.
   
 
The real estate business is getting hot in Kerala especially in Kochi due to the aforesaid attractions and developments. The recent trend is that the national and international builders and developers in large numbers are coming to Kochi with various types of projects/ investment realizing the potential of Kochi. This is the right time to reap the benefits of real estate boom especially in the era of low return on investment /deposits and devaluation of dollars.
   
 
New Kerala Realtors, a partnership firm constituted by prominent personalities from different walks of life in and around Kochi.
   
  The firm has under their control land banks of various extent, type and location throughout Kerala.
   
 

The activities of the firm include:-
   
  a)
Real-estate Agency: Agents for buying, selling, leasing of land, building, commercial and residential properties.
  b)
Lease/Rental: Leasing of commercial and residential properties including office space, residential houses, flats with or without furnishing.
  c) Property Development: Development of plots for residential and commercial purposes.
  d)
Builders and contractors: The firm is planning to enter into the field of construction on a phased manner.