beneficial schemes offered by banks and private institutions, the
budgets and expectations of the masses are rising. The real estate
companies are driven by a common motive of providing excellent
and affordable residential, commercial and industrial properties
to the public. They are found to be taking effective measures so
as to retain their existing clientele as well as to increase the
number of customers. There is a growing understanding among
real estate firms and developers about the importance of offering
exclusive, valuable services in this field, as the competition is
getting tougher. With the spreading of a global culture due to the
arrival of joint venture companies and multi national firms
bringing with them their high technology standards in
construction and infrastructure, Keralites have become more
aware of quality and cost effectiveness. Kerala Real Estate market
remains buoyant despite many a setbacks and slowdowns it has
been facing of late. Some cities have witnessed significant real
estate activity especially Trivandrum, due to the influx of
Information Technology industry. This industry has triggered
higher aspirations in terms of quality of life and higher disposable
incomes which accelerates real estate growth. Cities like Kochi
on the other hand are in the recovery mode after quite a large
drop in prices over the last year. Analysts expect prices to start
accelerating in Kochi and Kerala as a whole