NRI Real Estate and Property Investment in India
 |  WWW.NRIREALTYNEWS.COM
 
Nri Investment increasing Demand for Residential Property in Cochin
Thursday, September 11, 2008

NRI investment in Cochin has propelled the demand for residential flats in the city. A major percentage of all residential properties in the city are registered by Keralites living abroad. A range of premium residential properties in Cochin by different real estate developers are in various stages of construction to tap the needs and requirements of the NRIs returning to their land. To a large extent the factors propelling this are of course the upcoming development projects in Kochi such as the Smart City and the Container Transshipment Terminal at Vallarpadom.

Earlier the interest in Cochin property was exhibited only by Keralites but now even north Indians are pretty interested in acquiring property here from the point of view of an investment. Yet another factor that has promoted the demand for real estate in Kochi is the increasing insecurity sensed by Keralites in the job markets of the Gulf countries. Majority of them in the Gulf nations are now keen on returning to their native state in India. Multinational companies are now relocating their office to Kochi. As a result, these companies are keen on finding suitable accommodations for their employees and other high end executives. These builders are exploiting this need by these companies and the apartments being constructed or which are all ready for occupation, are turning out to be boon for these MNCs.

 

 

Return to India

NRI INSURANCE

NRI SERVICES

 

Indian Cities Guide

DELHI   NOIDA   GHAZIABAD
         
GURGAON   MUMBAI   AHMEDABAD
         
KOLKATA   CHENNAI   HYDERABAD
         
BANGALORE   PUNE   CHANDIGARH
         
..More cities »
NRI Communities in Different Countries  
Indian Embassies & Consulates in Different Countries
 
NRI Newsletters  
NRI Feeds - Syndications