Proximity to IT parks raises the price of properties - Warhammer 40K Fantasy

Welcome to Librarium Online!

Join our community of 80,000+ members and take part in the number one resource for Warhammer and Warhammer 40K discussion!

Registering gives you full access to take part in discussions, upload pictures, contact other members and search everything!

Register Now!

User Tag List

Closed Thread
Results 1 to 2 of 2
  1. #1
    Junior Member
    Join Date
    Sep 2007
    0 Post(s)
    0 Thread(s)

    -24 (x0)

    Proximity to IT parks raises the price of properties

    Some years ago multinationals began shifting their back-end offices to India. Outsourcing works demanded vast office spaces to accommodate their staff. The existing business houses in Indian metros including Kerala’s could not match up to their requirements.

    This is when private builders made their entrance. They found a way out of the space crunch by creating cyber cities and technology parks on low-priced land on the outskirts of the cities and metros. Alone with the demand of working space was the increased demand for residential spaces. The innovative builders supplemented the workplaces with smart residential projects for their employees.

    One residential project led to another and transformed the urban landscape in an almost unbelievable way. As the IT industry flourished, the barren patches of land turned into satellite towns around the city perimeters

    Soon however the land so utilized was no longer low-priced. The proximity to the IT parks and the amenities provided in the Kochi flats and apartments caused their prices to go high. The number of multinational companies also increased with a corresponding increase in the employees.

    So the demand for land and residential as well as commercial building continue to go up while the available land for further development continue to diminish. Usable land has become a rare commodity and hence the corresponding price hike of properties.

    The current situation has made the realty industry a sellers and property owners market. Nevertheless, the prospective buyers need not despair for their investment will bring them huge returns in a short period.

  2. Remove Advertisements

  3. #2
    Son of LO
    Join Date
    Jan 2006
    0 Post(s)
    0 Thread(s)

    523 (x8)


    The GD forum is for active members to post non hobby related threads, like what they thought of the last Hilary Duff album (it was awesome btw).

    It's not to be used to spam pointless shit.

    Thread closed
    Last edited by Sammy the Squib; September 22nd, 2007 at 10:38.

Closed Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts