Real Estate in Kochi ready to flourish

Property developers in Kochi can look forward to brighter prospects with the International Container Transshipment Terminal at Vallarpadam being inaugurated and the hurdles cleared for the realisation of the SmartCity project.

The Rs.2,500-crore Cyber City project in the private sector will be another propellant of demand for commercial and housing property.

There has been a delay of four years in reaching the agreement on SmartCity, but the State's economy will turn upwards with the kind of development taking place, especially the Vallarpadam terminal, says Najeeb Zakaria, president, Kochi branch of Confederation of Real Estate Developers' Association of India.
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