Commercial Land 52 Acre for Sale in Cheranallur, Kochi

Listing ID #111991

52 acres of solid land in Chinnakanal near to NH-49 surrounded by many famouse hill resorts like MAHINDRA CLUB, CLOUD 9, STERLING HOLIDAY RESORTS ETC. Single owner clear title with electricity and water. LOCAL PEOPLE believed that Sita Devi of Ramayana had her bath on the near by waterfalls. In this 52 acres one can build around minimum 450 independent villas in 6 or 8 cents which can be sold as holiday homes, cottages etc and then can be taken for lease for running resorts. The prevailing market price for such cottages and villas are starting from 25 lakh [minimum]. The main buyers are mainly from NRIs, forigners and other Indian peoples. Already foreigners are buying holiday homes in the area @ /-per cent [Negotiable]