Why are real estate prices and rental prices skyrocketing in Cochin? The reason is that so many new companies are opening up in the city and the room for expansion is not much. Cochin is comparatively only a small metro in South India with an area of less than 100 square kilometers extending from Aluva to Tripunithura. The ease of access through all modes of transport is what makes Kochi a perfect business center.
Several IT companies have started operating in the city over the past few years. Info-Park in Kakkanad and Cochin Special Economic Zone (CSEZ) located on the Seaport-Airport road are home to numerous medium to large size businesses in the city. There is still a huge demand for office spaces in key areas of Cochin like Kakkanad, Kalamassery and Palarivattom. Most businesses prefer to start their offices in these areas because of slighter traffic, easy access to highways and proximity to Nedumbassery International Airport.
If you are planning to start a small business or do freelancing work from Kerala, there is an easier way to open an office in Cochin now, popularly known as Virtual Office. The cost and effort of setting up a physical office and appointing full-time staff is easily compensated with the concept of virtual office. This is a reliable and inexpensive alternative for small businesses and entrepreneurs.
Getting a Virtual office in Kochi is way more economical and your office can be up and running in less than a day’s time. The idea is very popular in countries like USA and UK. The main advantage of virtual office is that you can avoid huge initial expenses like office furnishing and also eliminate operating expenses like rent, utilities, and staff salaries. Several businesses in Indian metro cities like Bangalore, Chennai, Mumbai, Delhi, Pune and Hyderabad are now using this concept. Cochin has also now joined this group with many virtual office providers offering the service.
Cochin’s geography is best suited for suburban living. Many people live in neighboring towns like Kottayam, Trissur and Alappuzha and commute to the city daily. The newly proposed Kochi Metro Rail Project construction, which will be commencing soon, is going to make the city more accessible. However, the construction will happen in the middle of existing narrow roads, which is going to increase the traffic blocks on the already congested roads of the city.
For those entrepreneurs who are living and doing business outside the city, showing an address and a landline number in the city is very important to increase professionalism of your business by getting listed on the local yellow pages of Cochin. Signing up for a Virtual office in Cochin will help small and medium sized businesses located anywhere in the world to have their presence in the city by getting a Virtual Address, Virtual Phone Number, Fax and so on. This gives businesses operating from anywhere in the world an opportunity to enter into the city’s market by creating an image of having an office in Cochin.
With the booming economic growth of the city, this is the best time to set up a business in Cochin. However, it is quite expensive to rent a physical space in and around Cochin. By signing up for a virtual space, you can start your business in a cost efficient manner and establish the operations from Cochin (aka Ernakulam), with a minimal budget.
Several companies are now offering online assistance to start Virtual office in Cochin. You can visit their websites and choose the plan that suits you best.
Virtual Office also helps the entrepreneur to have flexible working hours, as he or she can work according to their own convenience. By getting a virtual receptionist you also don’t have to spend time answering customer calls. For many Non Resident Indians (NRI’s) from Kerala, who are doing business abroad, virtual offices are perfect for showing their location in India as well.
Indirectly, it helps in the economic growth of Cochin as well. Even at the time of recession, virtual office has helped businesses in many countries to survive due to its less operational cost. Thus, this idea is also a “recession-free” concept.