Kerala Real Estate by its nature is an expensive non-liquid asset. This means that it costs a lot of money to own it, and it can be difficult to sell. In development activity, there are also the added costs of improvements themselves (typically called "hard costs") and the fees of various and sundry consultants necessary to get the work done properly (typically called "soft costs"). Because expense is high, sale is difficult, and return on investment is delayed, real estate investment is inherently risky. A large part of the work of developers is the management of risk. A top realtor also sees weakness in certain office markets, especially in the suburbs of Mumbai and in Delhi. In those markets leasing costs are rising, net operating income is falling (due to leases that tenants signed five years ago but are now up for renewal, at lower rents), and investors are taking on what he considers excessive leverage. That should produce lower prices for some properties. And there’s always the risk of some broader meltdown that would bring down the real estate market along with stocks and bonds. Professor argues that in this case, an investor would be wise to be in the asset that’s the least overvalued to begin with commercial real estate.
The predominant spoken language in Kerala is Malayalam, most of whose speakers live in Kerala. Malayalam literature is ancient in origin, and includes such figures as the 14th century Niranam poets (Madhava Panikkar, Sankara Panikkar and Rama Panikkar), and the 17th century poet Thunchaththu Ezhuthachan whose works mark the dawn of both modern Malayalam language and indigenous Keralite poetry. The "triumvirate of poets" (Kavithrayam), Kumaran Asan, Vallathol Narayana Menon, and Ulloor S. Parameswara Iyer, are recognized for moving Keralite poetry away from archaic sophistry and metaphysics, and towards a more lyrical mode. In the second half of the 20th century, Jnanpith awardees like G. Sankara Kurup, S. K. Pottekkatt, and Thakazhi Sivasankara Pillai and M. T. Vasudevan Nair have made valuable contributions to the Malayalam literature. Later, such Keralite writers as O. V. Vijayan, Kamaladas, M. Mukundan, and Booker Prize winner Arundhati Roy, whose 1996 semi-autobiographical bestseller The God of Small Things is set in the Kottayam town of Ayemenem, have gained international recognition
