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Real estate prospects in Kochi
Kochi has become one of the hottest destinations for the real estate industry in India. This is evident from the number of projects set up by leading real estate developers of India in prime locations of Kochi. Quality living is being extended by these builders to shorten the gap between the supply and demand for a dwelling. Real estate in Kochi has gained a rapid momentum with major ventures like the Smart City, Vallarpadom Transshipment Terminal, the ever extending Infopark, etc. Major investment in IT parks, economics zone, and infrastructure development by private parties in Infopark contribute to the changing face of Kochi. All these spectacular developments converge to the real estate scenario for the need of quality space. Being the commercial capital of Kerala, the real estate sector now has to face the challenge to meet demand. The migrant workforce from other cities and rural area who fall under the high, medium and low income group requires living space. Thus the entire real estate industry is geared up to meet this high demand for accommodation. Real estate in Kerala as a whole is set to make drastic changes in the style of living space.
Return on investment
Buyers can anticipate a fair income from investment. Besides investment for ones own living, the rate of increase in rents is also on the upward trend. Residential and Commercial space yield high rate of return with more consumerist brand viewing Kochi as a promising city.
Connectivity
Connectivity of Kochi to the outer world through air, water and road makes Kochi stand out from other key cities of India eying on major economical growth. The airport – seaport road is also a turning point in connecting the business as well as IT hub of Kakkanad.
The local administration encourages investors with power, international bandwidth, transportation facilities like the Goshree Bridge and the proposed metro rail to enhance business activity and connectivity to all who live around Kochi.
Be an early bird to invest in prestigious projects to reap amazing returns from investment.
Cheers
Shoby T Paul
mob: 91 98950 33950,E mail:shoby@accudatagroup.com
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