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Rising Real estate

by Biffula on Thu 02/21/2008 02:29 AM

The Builders in Kerala are the most benefiting from the sudden change in the real estate. The real estate sector of the state is on the upswing. This has attracted foreign investments from all quarters. Many national builders have descended upon the state to make huge investments. Some of the leading national real estate developers like DLF, Sobha Developers, Ansals, Purvankara, Confident Group, Oceanus, Unitech, Nitesh Estates, Housing Development and Infrastructure (HDIL), Prestige Group, Emaar MGF and Parsvanath Developers, all have their eyes on the state. The investment they are planning in the financial and industrial capital of Kerala, during the last 6-8 months is over $2.5 billion. Prominent among the Middle East-based business groups that have forayed into Kochi are KGA Group of Kuwait, EMKE Group of Abu Dhabi and Indroyal. Some of them are also investing in the hospitality sector to set up luxury hotels chains. The land prices have risen owing to the greater demand. In fact, the demand for property in Kochi is so high that the city is expanding to take in the outskirts as well. The city is seen by the global community as a premium lifestyle destination. In such a scenario good housing solutions are becoming a matter of priority. There is an upsurge in the demand for quality homes.
The building companies of Kerala are a part of the Kerala Builders Forum or the KBF. The forum comprises of builders with proven track records of excellence in the state-of-the-art architecture and construction. This forum ensures a corporate approach to meet the ever-growing demands of home buyers in Kerala. It is a window to meet the renowned builders in Kerala having a track record of construction in Kerala’s booming cities like Kochi, Kottayam, Kozhikode, Thiruvananthapuram, Thrissur and some more cities. The builders of the forum include known names in the field of construction like Abad Builders, Confident Project (I) Ltd, Gokulam Engineers (I) Pvt Ltd, Heera Construction Co. Pvt. Ltd. Etc.

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