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Kochi - Real Estate Projects
Apart from the upcoming projects listed above, investors can explore quality projects furnished by Kochi-based real estate developer Abad Builders. Deluxe apartments are available at Sunshine Court in Vazhakkala, Lotus Lake in Chilavannoor, Green Terrace in Kakkanad, Aquarius in Ernakulam, Olympus in Edapally, Harmony on Paradise Road, Vyttila, North Star on SRM Road, Cloud Nine in Panampilly Nagar, Marine Plaza on Marine Drive, Oriental Gardens on the Mamangalam-Pottakuzhy Road and Silver Crest in Jawahar Nagar, Kadavanthra. Rainbow Retreat offers 2-5 bedroom villas at Irumpanam near the Smart City project. Skyline Builders have 9 residential projects in Kochi located in Kakkanad, Alwaye, Kaloor, Edapally, Ernakulam North, Panampilly Nagar, Padivattom and Kadavanthara. Mir Realtors have concentrated their activities on 3 projects in Kakkanad offering villas and apartments, while Mather Projects are located in Kakkanad, Vytilla, Chembumukku and M G Road. Jewel Homes have 6 residential properties in Kakkanad, Palarivattom, SRM Road, Kacheripadi, SRM Road and Janatha Road. Other real estate developers with projects in Kochi include: Clearway Builders, Happy Constructions, National Builders, Star Homes, Ambady Constructions, Business India Builders, Relcon Properties, Kristal Group, Tanzeel Builders, K P Varkey, Jairaj Designer Homes, Jomer Properties, Desai Homes, Bavasons Constructions, Regal Projects, Jain Housing and Constructions, Flair Home Projects, Good Earth Homes, Chakolas Habitat, Kuruvila Homes, Galaxy Homes, M J K Group, Panjos Builders, Nagarjuna Construction and Heera Constructions. With returns on commercial property in Kochi higher than returns on residential property, investments in commercial projects have seen a marked increase. Commercial properties are more in demand on Marine Drive, sections of MG Road, Chittoor Road and Shanmugham Road. The Kaloor- Kadavanthra Road and Seaport Airport roads offer potential avenues for investment, being developed as alternatives to M G Road. The Greater Cochin Development Authority is undertaking shopping mall projects on the Kaloor-Kadavanthra Road, Manappattiparambu and Marine Drive. 6 malls are under construction, and are expected to open in 2009. The Forum will span 1 million sq. ft while the Summit Mall will rise up to 12 floors. The Lulu Mall, Aerens Gold Souk, Abad Mall, Metro One, Mall O and Kalyan Mall would cater to the growing affluence of the city. While DLF plans a hotel-cum-mall on Marine Drive, the KGA Group from Kuwait has decided to set up a hotel in Kochi too. Satra Properties is setting up a five star hotel on Bolgatty Island on 1.63 lakh sq. ft area which would be completed by 2010. |
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