Scope of the Property
Kakkanad, the IT hub and the cynosure of real estate in Kochi, is just 6 km away from the plot. IT companies are frantically on the lookout for locations in Kochi which are accessible from the city and vast enough at the same time. The big names of the field have already entered CSEZ and Infopark, both which are developing rapidly. With the Smart City project coming up, the day is not far when Kochi becomes a second Bangalore. The plot is strategically located and also vast enough to house an IT complex.
The upcoming Vallarpadam Container Terminal project is also expected to make Irimpanam an industrial and residential hotspot. The project is also expected to bring about related developments like an express highway and a flyover. Vallarpadom and Puthuvypeen are also on the way to becoming special economic zones.
With the city getting more and more crowded, apartments are preferred by the public over houses in present-day Kochi. Investors are constantly eyeing vast, open spaces which are in close proximity to educational institutions and hospitals. The fresh air and the greenery, besides the presence of the river nearby make the property ideal for residential complexes-multi-storeyed apartments as well as independent villa complexes. An apartment complex here would also have the added advantage of a beautiful, uninterrupted view of the river. The property is within 5 km radius of some of the prominent schools, hospitals and shopping malls of the city. The Choice School is walking distance from here.
The museums, palaces, beaches and islands of Kochi has made it number one in the itinerary of every tourist to Kerala. Added to it is the cosmopolitan culture of the city. The land is vast enough to be the dream setting for a star hotel or a backwater tourism resort/ guesthouse as well. The resort can have the advantage of a river view from its rooms and even arrange cruises along it. A restaurant overlooking a river could also add to its charm. The Hill Palace museum is just 2 km from here while the Veegaland amusement park within a 10 km radius.
Amusement parks are the prime destinations for local tourists today, especially those settled abroad on vacation here. The presence of the river and the vast area makes the plot ideal for an amusement park. The property can also be used for hospitals or shopping malls as the immediate surrounding areas are mostly residential.
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