Wednesday, 1 October 2008

Kochi - A metro in waiting.

Despite all the negative news from the financial markets, Kochi has seen robust growth in the recent past. Smart city project is on track. Vallarpadom container terminal project is also making progress. These projects will be give a shot in the arm for various supporting industries. Construction industry is definitely one of those sectors. Another favorable outcome of the two projects, especially VCT project is the expansion of existing National highways in to 4 lane high ways. If the major demand for real estate projects till now were in the residential sector, the above two projects will give a boost to the commercial real estate sector. Retail outlets, Hotels, financial institutions, ware houses, transportation industry are all expected to contribute to this growing demand.
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