IndustryLatest Stories

Highway Expansion Reshapes Kochi’s Real Estate Landscape

Representative AI image KOCHI: The extensive development of the national highway is transforming Kochi’s growth trajectory, shifting real estate activities from the city center to the previously quiet suburbs like Maradu, Kundanoor, Madavana, and Koonammavu. The demand is fueled by comparatively lower land prices in these areas, ranging from Rs 7-10 lakh per cent, while Kochi city and the IT hub of Kakkanad command prices between Rs 25-40 lakh per cent. “Now, areas once viewed as outskirts are becoming attractive spots for investors and individuals seeking house plots. There’s a growing interest in mid-range properties, often 3-5 cents with small…

CommercialLatest Stories

Cochin body seeks team for Infopark Phase III land pooling

Representative image created by AI KOCHI: The Greater Cochin Development Authority (GCDA) has requested district collector G Priyanka to form a special team of revenue officials for the land pooling process related to Phase III of Infopark. This request follows the in-principle approval from the Department of Electronics and Information Technology for the project’s implementation across more than 300 acres through land pooling. GCDA emphasizes the necessity to initiate the land pooling process in the upcoming weeks. “We require a team led by a senior official, including a deputy tahsildar, surveyors, and legal experts,” stated a GCDA representative. The district…