Post by derfik on Nov 1, 2011 0:29:55 GMT -5
Kerala has always been praised for its beauty where the aesthetic lush green patches get coupled with the calm backwaters. People always love to own properties in the state to stay and spend vacation here. The recent boom of the IT industry has created a necessity for both residential and commercial spaces. Thus the demand for kerala properties has increased considerably.
The nature lovers love to own an apartment or a villa near the scenic locations in Kerala. On the other hand, many of the youngsters and the IT professionals want their residence to be near their place of work. Since the demand is high, the cost of properties in these areas is always higher than in other places. Besides, many multinational companies and IT firms are currently launching their ventures in Kerala. They also buy properties for the business concerns. Mostly, they purchase properties in or around the heart of the city, where enough infrastructure facilities are available.
Apart from housing and construction, investing in land is also much profitable in Kerala. Agriculture and poultry farms are quite successful in the state. Hence, many opine that investing in Kerala real estate is comparatively risk free. Much of NRI money is also flowing to Kerala as investments in Kerala properties. Bank loans are also available for buying land and building. Many avail these since they can enjoy considerable exemptions during tax deductions. The real estate owners and dealers of properties in Kerala thus are reaping profits from selling or leasing of land and building.
The nature lovers love to own an apartment or a villa near the scenic locations in Kerala. On the other hand, many of the youngsters and the IT professionals want their residence to be near their place of work. Since the demand is high, the cost of properties in these areas is always higher than in other places. Besides, many multinational companies and IT firms are currently launching their ventures in Kerala. They also buy properties for the business concerns. Mostly, they purchase properties in or around the heart of the city, where enough infrastructure facilities are available.
Apart from housing and construction, investing in land is also much profitable in Kerala. Agriculture and poultry farms are quite successful in the state. Hence, many opine that investing in Kerala real estate is comparatively risk free. Much of NRI money is also flowing to Kerala as investments in Kerala properties. Bank loans are also available for buying land and building. Many avail these since they can enjoy considerable exemptions during tax deductions. The real estate owners and dealers of properties in Kerala thus are reaping profits from selling or leasing of land and building.