Post by nazarie on Jan 19, 2011 10:27:56 GMT
Proper information management is the key to successful decision-making and the implementation of innovative business practices. This key aspect is acquiring great importance and through the application of modern tools in Information Technology (IT), the scope of the topic has got widely enlarged. Information is now considered as an important input for low cost housing.
In earlier times people had to save a lot to build a house. All that has changed in modern times. If you get in touch with a leading architect or a building contractor, you can start building your dream home with the available finances. Gone are the days when a government servant or a professional employed in the private sector had to wait till retirement to buy a house. If the present statistics are to be considered, the IT professionals are seen to occupy apartments and flats at main centers in the cities due to the availability of home loans and other financial packages at low interest rates.
Due to the transparency and more openness in the financial sector, people are now more aware about the various activities and the different financial products of the leading banks and lending institutions. The tax rebates on offer are so attractive and with each passing year, the interest rates are continuously falling. Such a proposition has motivated the highly paid IT professionals to opt for a flat or an apartment through the home loan than pay high rentals for the luxury villas and houses.
In Cochin Real Estate developments have been revolutionized with the entry of the IT related businesses and the availability of fast communication lines. Now people from almost all parts of the world know about the real estate developments in Cochin. Thus, investments into real estate in Cochin are now taking place without the investor ever once stepping in to this place. The phenomenal inflow of investments is also a major factor that has helped in faster appreciation in real estate values in Cochin.
In earlier times people had to save a lot to build a house. All that has changed in modern times. If you get in touch with a leading architect or a building contractor, you can start building your dream home with the available finances. Gone are the days when a government servant or a professional employed in the private sector had to wait till retirement to buy a house. If the present statistics are to be considered, the IT professionals are seen to occupy apartments and flats at main centers in the cities due to the availability of home loans and other financial packages at low interest rates.
Due to the transparency and more openness in the financial sector, people are now more aware about the various activities and the different financial products of the leading banks and lending institutions. The tax rebates on offer are so attractive and with each passing year, the interest rates are continuously falling. Such a proposition has motivated the highly paid IT professionals to opt for a flat or an apartment through the home loan than pay high rentals for the luxury villas and houses.
In Cochin Real Estate developments have been revolutionized with the entry of the IT related businesses and the availability of fast communication lines. Now people from almost all parts of the world know about the real estate developments in Cochin. Thus, investments into real estate in Cochin are now taking place without the investor ever once stepping in to this place. The phenomenal inflow of investments is also a major factor that has helped in faster appreciation in real estate values in Cochin.