Due to the congestion in Cochin, its suburbs have become the nerve centre of real estate activities and the main beneficiary of price rise. The opening of Goshree bridge connecting Vypin island to the mainland have lead to the increase in the Cochin real estate
prices to about Rs 2-3 lakhs compared to 20,000 - 30,000 about a year ago. To cater to the needs of the emerging city within a few years time about 30 major hotel projects and over 50 apartment projects are at different stages of construction. In the most fancied areas like Marine Drive the value of the flats have increased to Rs 50 lakhs to Rs 1 crore.
Thanks to the innumerable infrastructural developments in Cochin, it has become one of the most important cities in India. To woo the industrial growth of the state KINFRA aims at bringing together all the suitable resources available in the state and developing infrastructure. By providing the best industry specific infrastructure KINFRA dedicates to catalyze industrial growth in Kerala.
Over 20 core competency areas are identified by KINFRA. It has 12 well-defined industrial parks out of which many are functional while some are in the launching phase. Comprehensive infrastructure and support services to the clients are offered by each of these Parks. Single window clearing facility is one of the most fascinating features of KINFRA. The other specialties of KINFRA are attractive incentives and excellent opportunities for expansion and diversification. There are many offices of KINFRA across the state and their headquarters is located at Trivandrum.