Recently, the CDA (Calicut Development Authority) started presenting couple new infrastructure and urban development projects they are going to implement in the following years. Some of the most impressive and influential among those are building a parking lot with four levels near the Link Road, and reconstruction and expansion of some roads at the center of the city.
These will influence both commercial property for sale and rent, as the lack of parking places has always been a huge problem for commercial hubs in the Koznikode city center. When the construction is over, a multi-level parking lot will provide room for more that 200 vehicles, as well as commercial center planned. This will create lots of new opportunities for renting property for commercial use.
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