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www.eInvesting.com Forum Index » General Non-Investing Discussion

Kochi – economical capital of Kerala


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RomiSam11
PostPosted: Mon May 12, 2008 11:02 pm Post subject: Kochi – economical capital of Kerala Reply with quote

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Investment in Kerala Property is increasing now-a-days with an increasing demand for offices, multi-facility space for industries. Investors should expect solid returns. The real estate market will continue to do well. The days of double-digit appreciation are over. Comparing to historic pricing, real estate is expensive, and this is something that everyone should think of. It means that the returns from real estate business will be lower going forward.

IT is being viewed by the government in a big way. Appreciation and rental rates are going very strong in Kerala. Kerala is being quoted as the city to watch out for. Kochi is the economic capital of Kerala by volume of trade. Unlike other South Indian cities, Kochi was slow in industrializing sector. In recent years the city has recovered from its economic stagnation. It has witnessed heavy investment and thus making it one of the fastest-growing metro cities in India. The economy of the city can be classified as a business economy on the basis of service sector. Major business sectors in Kerala includes gold and textile retailing, seafood and spices exports, information technology (IT), tourism, health services, banking, shipbuilding, and the fishing industry.

The term "commons," is used to mean something quite different. It means "general collective ownership" i.e. common ownership. The same term is sometimes used by statistics to mean government-owned property that the general public is allowed to access. Law in all societies tended to reduce the number of things that are not having clear owners. Supporters of property rights argue that this enables better protection of scarce resources to them due to the tragedy of the commons. On the other hand critics argue that it leads to the exploitation of resources for personal gain and it hinders taking advantage of potential network effects in turn. These arguments have differing validity for different types of "property" things that are not scarce for instance and not subject to the tragedy of the commons. Some critics are actually advocating general collective ownership rather than ownerlessness.[/i]
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