Here is the second part of my Interview with Mr Parasu concerning Real Estate in Kovalam and Vizhinjam.

Q. Can you give my readers an example of a house and how much it costs to build?

A. Sure, Last year( 2009) a women called Mrs Bevi from Wembley in London, asked if I could help in acquiring some land and the hiring of a trustworthy building company.

Here is a picture of the land.






It is 5 cents or 202sqm. It cost 11 laks or 1100,000 INR. your international readers can work out their own currency here. The land is in a nice quite road 10 minutes from kovalam junction and about a kilometer from the beach.

This is the finished project. While it is not huge compared to europeon or american standards at 1,200 sq meters. It has infact 3 bedrooms (1 attached bathroom), bathroom, Living room, kitchen.and a large outdoor porch. The cost for the building and the Installation of electric and water 17 laks



Is has been built so that a second floor, can be made in the future if required.

Q. Very nice little house for about £34,000

A. Yes, plus the price shall appreciate due to the Vizhinjam trans-terminal port project.

Q.Is their any large scale house building projects being built?

A. Not at the moment, but its sure to start soon, the workers at Vizhinjam will need to be housed. A great opportunity for someone.