KellyFalls
12-02-2008, 01:27 AM
Businesses in Kochi city in recent years had been gravitating towards luxury flats and location specific flats offering a waterside frontage. A top-end flat in a green locality at Marine Drive or Kakkanad area will now cost Rs 3500-4000 per sq.ft. In a recent development, Kochi has seen the entry of national players this indicates the enormous opportunity that Kochi offers at present. A host of proposed projects like Smart city and Vallarpadam International Container Terminal (VICT) will make a sea change in the residential character of Kochi city as more than 30,000 professionals are expected to shift into the city, often called the Queen of Arabian Sea. There is a natural shift towards the interior of Ernakulam district as it offers comfortable accommodation. Properties in Tripunithura (http://www.lotusproperties.in/), Alwaye, Ankamali, Kalamassery and some other areas are now gearing up to accommodate the new entrants to Kochi.
The construction boom in Kochi continues unabated despite sharp increase in the price of materials and taxes because of growing demand for flats in the city and its suburbs. The increase in materials cost and the consequent rise in the price of flats do not seem to have deterred rich buyers because they feel it is still cheaper than that in other metros such as Bangalore, Mumbai and Chennai. The natural building materials available for construction in Kerala i.e. stones, timber, clay and palm leaves have anchored and guided the acceptance or rejection of outside influences. The availability of granite -a strong and durable building stone is restricted mainly to the highlands and marginally to some hilly zones. Accordingly, the skill in quarrying, dressing and sculpturing of stone is scarce in Kerala. Timber remains the prime structural material abundantly available in Kerala, in many varieties - from bamboo to teak and rosewood. The skilful choice of timber, artful assembly and delicate carving of wood work for columns, walls and roofs frames are the unique characteristics of Kerala architecture, using accurate fit of joints.
The construction boom in Kochi continues unabated despite sharp increase in the price of materials and taxes because of growing demand for flats in the city and its suburbs. The increase in materials cost and the consequent rise in the price of flats do not seem to have deterred rich buyers because they feel it is still cheaper than that in other metros such as Bangalore, Mumbai and Chennai. The natural building materials available for construction in Kerala i.e. stones, timber, clay and palm leaves have anchored and guided the acceptance or rejection of outside influences. The availability of granite -a strong and durable building stone is restricted mainly to the highlands and marginally to some hilly zones. Accordingly, the skill in quarrying, dressing and sculpturing of stone is scarce in Kerala. Timber remains the prime structural material abundantly available in Kerala, in many varieties - from bamboo to teak and rosewood. The skilful choice of timber, artful assembly and delicate carving of wood work for columns, walls and roofs frames are the unique characteristics of Kerala architecture, using accurate fit of joints.