Economy of Kochi

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Kochi is the headquarters of the Southern Naval Command, the primary training centre of the Indian Navy. The Cochin Shipyard in Kochi is the largest shipbuilding facility in India. The Cochin fishing harbor, located at Thoppumpady is a major fishing port in the state and supplies fish to local and export markets. To further tap the potential of the all-season deep-water harbor at Kochi, an international cruise terminal and several marinas are being constructed. Exports and allied activities are also important contributors to the city's economy. The Cochin Port currently handles export and import of container cargo at its terminal at Willington Island. A new international container transshipment terminal—the first in the country—is being commissioned at Vallarpadam. Kochi's historical reliance on trade continues into modern times, as the city is a major exporter of spices and is home to the International Pepper Exchange, where black pepper is globally traded. The Spices Board of India is also headquartered in Kochi. Kochi also has an oil refinery—the Kochi Refineries Limited (KRL) at Ambalamugal. Central Government establishments like the Coconut Development Board, the Coir Board and the Marine Products Export Development Authority (MPEDA) have head offices located in the city.


The terms real estate and real property are used primarily in common law, while civil law jurisdictions refer instead to immovable property. In law, the word real means relating to a thing as distinguished from a person. Thus the law broadly distinguishes between "real" property (land and anything affixed to it) and "personal" property (everything else, e.g., clothing, furniture, money). The conceptual difference was between immovable property, which would transfer title along with the land, and movable property, which a person would retain title to. The oldest use of the term "Real Estate" that has been preserved in historical records was in 1666. Houses and Villas in Cochin are on the high for living and for investment. As land gets dearer houses & villas in smaller plots in small townships developed by property developers have become popular. The demand for Real Estate in Cochin will continue to grow in the coming years as more and more developmental projects promise huge infrastructure investments in Kochi. It is also highly preferred by NRIs who plan to have a home in Kerala due to its urbane lifestyle, good health care facilities, educational institutions & avenues for recreation.