Cochin- The perfect place to Invest

As no other city in India is as adequately connected to the outside world through sea, air and road as Cochin, in Kerala,it is actively competing to become a main center in India, for information technology (IT) and software related activities Moreover different institutions, both government and private, are now planning to invest in the IT/Business parks in Cochin. It has also continued its evolution as specialized real estate sectors, attracting distinct corporate space users in the city. It is also seeing a good growth in the commercial sector of Kerala.

Few of the developments in Cochin are :

CSEZ, Cochin (Kochi) :

The CSEZ is the Cochin (Kochi) Special Economic Zone managed directly by the Government of India. The Special Economic Zone is an enclave, a deemed foreign territory within India for purposes of trade and customs duties, with special rules for facilitating foreign direct investment for export-oriented production. With plans of setting up a Special Economic Zone, the commercial capital of Kerala is now even more attractive to the ICT investor.. The Cochin Special Economic Zone (CSEZ), Cochin International Airport Ltd. (CIAL) and Cochin Port Trust (CPT) have drawn up a master plan to set up a Special Economic Zone (SEZ), with the help of Kinfra park at Kakkanad in Ernakulam.

Best ITES destination :
Cochin has been ranked as the second best ITES destination by NASSCOM
Infopark is placed in a picturesque 100 acre campus in Kochi, the commercial capital of Kerala. Located 25 kms from the International Airport and 12 kms from the heart of the city, the Park is an ideal destination in Kerala for the IT industry, especially for ITES units.

BSE Center in Cochin:
BSE in a significant move, to expand its investor services nationwide, has opened an exclusive center for investor services in Cochin.

Dubai Port International to develop a terminal KOCHI, India:
A contract has been signed between Cochin Port and Dubai Port International (DPI) on developing the Rs20 billion International Container Transshipment Terminal at Vallarpadam, Cochin.
Smart City, Kerala Kerala government has announced that have Dubai's Internet City has decided to set up the Smart City in Cochin. Kerala government is providing them land in Kakkanadu, near the Kochi Infopark. The Smart City is expected to create more than 100,000 new jobs in the first stage and around 5 Lakhs jobs directly and indirectly in the last stage, would provide critical infrastructure for IT services and IT-enabled service companies. Fashion City, Kerala Government of Kerala is contemplating proposal for setting up a Fashion City in Cochin. The project will have a turnover of crores and will be able to offer employment to thousands of people. The unit will also house a garment technology and fashion technology engineering college.

If the current demand & price movement for real estate across Ernakulam is any indication, then investing in real estate would be a viable proposition. The dilemma revolves around the options available for an investor and those that will have an edge over others. Residential property is on a high pitch but the yield is relatively less when compared to commercial property in Kerala. Areas like Marine Drive and Kakkanad in Cochin, offer immense scope for investment due to their closeness to IT parks and ports, according to property consultants. Make your investments through Commercial space or apartments. That will secure your future and you can earn more and more. Purchase of good Commercial space in good areas of Cochin , will lead you to success.

With a continuous stream of MNCs, this commercial city of Kerala, is witnessing an unprecedented demand. If a large MNC or IT park, set up in Cochin, it brings in 1000s of people. Even assuming only 50 percent of the work force would migrate from out side the city to Cochin, there will be a huge demand for housing like apartments and flats. Established MNCs and large corporate have been gradually expanding their operations in the city. It is the overall confidence level created by the city that will lure more such companies to Ernakulam.