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Jomer Symphony is located literally in the heart of Cochin Metro, on the NH bye-pass, very near to Vytilla juntion, which is fast becoming the cynosure of the business community from around the globe. The Special Economic Zone, KINGRA Industrial Park, Infopark, the proposed mega projects like Smart City, Fashion City, etc are within easy reach. With the multitude of mega projects and millions worth of foreign investment flowing into the city, Cochin is the place to be in.

The importance of Location: Why Cochin?
The city of Cochin prominent as the port city of Kerala is one of the fastest emerging cities of India. As a port city, it has always been the proclaimed economic capital of Kerala with trade and retail being its fundamental business sphere. However, in the recent times, since NASSCOM ranked it as the second potential city for investments in the IT sector, Kochi has emerged as a favored destination for the IT & ITES industry. Also, Kochi shows vast potential for economic growth and industrialization based on norms such as real estate growth, available work force, overall infrastructure, policy initiatives and commercial history. However, the accessibility of cheap bandwidth through undersea cables and lesser operational costs in comparison to other key cities in India has proved to be of major advantage.

Cochin is one of the few cities in India, which has the best connectivity to the outside world through sea, air and road. This is also one of the reasons for Kochi being identified as an attractive destination for investments. Moreover, this inflow of investments has created realty prospects in the city, both residential and commercial as the IT firms are bringing in more and more people into the city. And with the coming up of Cochin Special Economic Zone (CSEZ) the economical capital of Kerala is now even more attractive to the investor counting on economic and realty prospects. The CSEZ apart from catering to the business growth and industrialization with the investments in IT and Business parks has also been responsible for growth of Kochi real estate.

Besides the Technopolis developed at the CSEZ, the setting up of a software productivity centre by Wipro in Kochi is considered as one of the variable factors in the evolution of Kochi as an upcoming city. Major IT firms such as US Software, IBS, Sun Tec, Gemini, NeST, Ernst and Young, Tata Consultancy Services, Infosys, ACS Inc. and Allianz Cornhill are only some of the IT firms gradually making their presence felt in the business prospect of Kochi.

As the graph of Kochi real estate takes an upward move, top real estate developers from within the country are vying up to the city with interesting projects. A spectacular development in the Kochi real estate market is with the Rs. 950 million-joint venture projects between HDFC and Larsen and Toubro (L&T). However, the project that Kochi real estate can consider as the mother of all investments is the Rs. 1500-crore`Smart City' project proposed by the Dubai Internet City (DIC). The Vallarpadam Terminal Project which is underway is going to make Cochin port one of the busiest in the Asia-pac region allowing large ships to come to the harbour. Moreover, with city administration providing the investors with the basic infrastructure like power, international bandwidth and urban transportation, industry experts expect a capital appreciation of around 12-15 per cent in the next two-three years. All these factors are contributing factors in creating a congenial environment for making Kochi one of the fastest growing cities in India.

All these factors in turn, contribute to the rapid growth of the travel and tourism industry in Cochin. Demand for classified hotel rooms by 2015 is expected to be around 10,000 rooms. According to surveys and reports, the hotel industry in Cochin is already under pressure with the huge vacuum created between demand and supply. At Cochin, the present demand is 4000 classified hotel rooms whereas the availability is 1500. This gap will become even wider when the mega projects like the Smart city, Bolgaty Yacht Marina and Vallarpadam terminal project become operational. There has been a staggering growth of about 30% in the tourism industry in Cochin over the last few years. It is expected to grow to 40% and above in the coming years. This again cries for immediate infrastructure support for and to sustain the growth of the industry. Jomer Symphony is a project that is poised to play a big role in this regard.

The importance of NH Bypass road, Cochin: The NH Bypass road of Cochin is deemed to become the heart line of Cochin in the coming years. The projects that are coming in this road are:
1. The largest shopping mall in South India by LULU INTERNATIONAL.
2. The Forum shopping mall by the famous Prestige group
3. Shopping mall by Oberon
4. Gould Souk – five hundred thousand square feet of absolute shopping experience for Gold lovers.
5. Apart from Le Meridian and Jomer Symphony, two new five star hotels are coming up in the same road belonging to Crown Plaza and Holiday Inn.

Apart from these new developments, innumerable other projects will adorn this road that is sure to become the heart line of the Cochin city. And Jomer Symphony will be a land mark for anyone who travels through this road standing tall at 26 floors with fibre optic lighting and a helipad on top.



 
 
 
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