LaaryBeer
Joined: 08 Jun 2009
Posts: 1
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Second fastest growing economy |
Posted: Mon Jun 08, 2009 10:22 am |
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The land value has been on a steady rise for the past few years all over India. One of the reasons for this phenomenon is probably that India is the second fastest growing economy in the world. Most well known international companies are vying for a chance to invest in India.
In the recent years, a large number of international brands have opened their retail outfit in addition to opening a manufacturing or production unit in India. This is true everywhere in India.
Kerala is also benefiting from this economic growth and has a fair share of organizations and industries coming onboard. Major cities of Kerala like Thiruvananthapuram and Cochin are prime locations for IT and ITES products. Other major international products and services are also in the offing here. A number of international organizations are willing to invest enormous amount of cash in the current economy.
All these investments and plans have triggered a phenomenal rise of land and property value converting every piece of land and building in Thiruvananthapuram and Cochin a clear investment for the future.
Hosing requirements are already on an upswing and it is estimated that all the constructions going on currently is insufficient to meet the expected growth in requirement. With an average Cochin apartment costing anywhere between 35 lakhs to 45 lakhs the investment involved in high but the profit expected with rising demand for housing is going to be even higher. |
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lamp_abi
Joined: 01 Mar 2010
Posts: 5
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| Re: Second fastest growing economy |
Posted: Tue Mar 02, 2010 3:14 am |
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I'm not really surprised with this. I think growing economies usually see their Real Estate boom for India. So this is great news for India.
Dentist Roseville |
Last edited by manvir on Tue Mar 23, 2010 4:51 pm; edited 1 time in total
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madman
Joined: 10 Mar 2010
Posts: 8
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| Re: Second fastest growing economy |
Posted: Wed Mar 10, 2010 7:48 am |
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Such a great news for India. I see they have a lot of sources of income.
BPO Manila |
Last edited by manvir on Tue Mar 23, 2010 4:52 pm; edited 1 time in total
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chloe12
Joined: 05 Apr 2010
Posts: 7
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| Re: Second fastest growing economy |
Posted: Fri Apr 16, 2010 5:33 am |
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We are sure that this will generate more profits and jobs. It is a good news, indeed! I wonder when will real estate Hanoi develop like in India? |
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clarinettedn06
Joined: 18 May 2010
Posts: 4
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| Re: Second fastest growing economy |
Posted: Tue May 18, 2010 3:50 am |
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chloe12 @ Fri Apr 16, 2010 5:33 am wrote: We are sure that this will generate more profits and jobs. It is a good news, indeed! I wonder when will real estate Hanoi develop like in India?
Its gonna be soon. Vietnam's becoming popular now in the real estate industry because it seems that they are learning fast now on using high technology as their means of communicating costumers. I think one day this year Vietnam's gonna be on the top. knowledge process outsourcing |
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