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NRI HOMES

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Tuesday, March 07, 2006

Real Estate boom in Kerala

www.nrihomes.com

Real estate industry has been reaping profits since the last 15 years. Despite a slight set-back in the late 90’s, at present real estate is booming in Kerala . Kochi and Trivandrum are the main cities, which have benefited from this boom in real estate. Real estate has also developed in other cities of Kerala like Thrissur and Calicut. The decrease in the interest given by banks has motivated people to invest in real estate. Since price of land always rises people are not skeptical about investing in real estate. This has become a trend with NRI’s, especially Keralites who appear to make it a practice to invest in real estate for both residential and commercial purposes. Real estate development of villas and holiday homes is mostly seen near beaches and hilly areas, which can boast of a pleasant climate. We have given the names of almost all the builders in Kerala and we will be updating it regularly.

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