Kochi is the financial and commercial capital of Kerala, a naval base, and a bustling, flourishing, and cosmopolitan city. It has a rich history of heroism, patriotism, culture, art, and music, and is now an emerging IT hub of the nation. Infrastructure projects are being executed rapidly and efficiently, increasing the city?s value and connectivity. It should come as no surprise that Kochi is preferred by many entrepreneurs and corporates alike. The economic development of the city is driving demand for real estate development – for both commercial and residential spaces. New areas are being developed for residence, with the Kochi Metro expansion, building of new roads, and the water metro project.
If you?re looking to buy an apartment or villa in Kochi but are unsure which locality to choose, relax. We will discuss the best and upcoming residential areas in Kochi, along with their advantages.
Edappally
Edappally shot into prominence when Lulu Mall, the biggest one in Kerala, was established. Edappally is an eclectic blend of premium residential spaces and bustling commercial areas and an important junction on the national highway – making it a very desirable neighbourhood to live in. With its convenient location and dynamic atmosphere, this bustling hub attracts investors and residents alike. The seat of the erstwhile Edappally Rajas, Edappally is one of the fastest-growing neighbourhoods of Kochi.
Amenities:
Transportation – Kochi metro, a railway station, national and state highways, and several major and minor roads make Edappally well-connected.
Education: The area is home to a number of famous schools like Campion and Bhavan’s, and a few colleges as well
Healthcare – some of the most reputed hospitals like Amrita, Kinder, MAJ Hospital and premier diagnostics labs like Epsilon and Aster operate here.
Shopping and Entertainment – Home to many malls like Lulu, Oberon, and Grand, there is no dearth of shopping, dining, movie halls, or entertainment.
Noteworthy Real Estate Projects
Edappally boasts of some of the best residential projects, like the Varma Regent in Ponekkara, which offers premium 2 and 3 BHK apartments. Close to the Changampuzha Park Metro Station, it offers convenient access to the residents. Varma Harmony is another premium apart building nearing completion in Edappally, located in a convenient area with road connectivity. The Varma Symphony is an upcoming project, avail the pre-launch offer to get flats at great prices.
Kadavanthra
Kadavanthra is a vibrant urban centre; it?s a major commercial centre and a premium residential area too. It has a rich cultural heritage which continues to this day. Kadavanthra is part of the business district and home to several major government bodies. Panampilly Nagar is an upscale neighbourhood close to Kadavanthra, which is preferred by many for its peace and greenery.
Amenities:
Transportation -.Ernakulam junction railway station is close by, and Kadavanthra is served by major highways and arterial roads as well as the Metro.
Education – This area has many excellent schools and colleges like St. Joseph?s, KV, Toc-H, and Bhavan?s.
Healthcare – Silverline, Indira Gandhi Co-op Hospital, and Medical Trust Hospital are among the excellent hospitals functioning here
Shopping and Entertainment – Kadavanthra residents have ample choices for shopping in its many shopping centres, for branded and economy items. Movie halls like Shenoy?s and others provide entertainment.
Noteworthy Real Estate Projects
Kadavanthra is an ideal place to purchase real estate for investment or living. Head to Varma Urban Heights to avail of special New Launch Offers on stylish and elegant 3 and 4-BHK luxury apartments.
Palarivattom
Palarivattom is a flourishing commercial hub that seamlessly incorporates premium living spaces. It?s a major junction that connects many parts of the city. The area is a lively one, with many shops open through the night.
Amenities:
Transportation – Palarivattom is well-connected by major highways and arterial roads, the Kochi Metro, etc.
Education -St. Vincent De Paul is the most famous school here, and there are several play schools and technical education institutes in Palarivattom.
Healthcare – The area is home to hospitals like EMC, Renai Medicity,Vijayalakshmi, and several Ayurveda hospitals
Shopping and Entertainment -In addition to Oberon Mall, there are several stores selling everything from high-end apparel and electronics to essentials.
Noteworthy Real Estate Projects
The newly launched Varma Ficus offers premium 2 and 3-BHK luxury apartments at special rates for the first few buyers. This project is located in the prestigious Alinchuvadu area.
Eroor
Eroor is a peaceful neighbourhood, offering top-notch quality of life to its residents. This serene suburb is green and clean, making it a hot favourite among those who want to buy flats in Kochi.
Amenities:
Transportation – Eroor is well connected to Kochi city via highways and arterial roads
Education – Bhavan?s and several other excellent schools are in the area.
Healthcare – Eroor is well served by numerous clinics and hospitals like PS Mission hospital.
Shopping and Entertainment – Several shopping centres allow residents to purchase essentials, apparel, electronics, and more.
Noteworthy Real Estate Projects
Eroor will soon have Varma Rhythm where you can buy luxury 2 and 3-BHK apartments; the first few units are being offered at special rates – if you hurry, you could be among the lucky ones.
Vazhakkala and Vennala
These are emerging twin neighborhoods that offer a lovely balance between modern comforts and suburban tranquility. Located in close proximity to each other, these two regions of Kochi ar rising stars. Though an urban region, it is very green and has wide open spaces that enable residents to take a breath of fresh air.
Amenities
Transportation – These localities enjoy proximity to NH 66, state highways and arterial roads.
Education – Nava Nirman is the most prominent school here
Healthcare -EMC,Vijayalakshmi , Sunrise hospital and private clinics provide healthcare facilities.
Shopping and Entertainment – Residents have access to shopping centres, malls, and arcades like Q1 and Veluthamana for necessities and branded items.
Noteworthy Real Estate Projects
Two projects that are nearing completion are the Varma Imperial in Vazhakkala, with 2 and 3-BHK apartments, and Varma Connekt, 3 BHK luxury apartments in Vennala. This project offers spacious car parking on two levels, and has all modern amenities. To avail special offers, book early before units are sold out.
Tripunithura
The capital of the erstwhile Kingdom of Kochi, Tripunithura has a rich heritage of culture and history. It has several palaces belonging to the then-royal family, heritage homes, and ancient temples, which attract people in droves. It was a centre of art, sculpture, music, literature, and music, as they were patronized by the royals, and continues to be a hub of art and culture even today.Tripunithura is one of the most coveted neighbourhoods in Kochi, and a place where real-estate appreciation is one of the highest.
Amenities:
Transportation – Tripunithura has a railway station, and is connected by two national highways, a state highway, and many arterial roads. The Metro station is also nearing completion.
Education – There are numerous schools in this locality – Chinmaya,
Choice, Sree Narayana, Sree Venkateshwara, etc. The Govt Sanskrit College, Rajarshi College, Akshara College, and other higher education institutes also operate here.
Healthcare – Multiple reputed hospitals like Varma Hospital, Lakeshore, St. George, Devi etc. provide excellent healthcare facilities
Abad Nucleus and many shopping arcades exist for shopping and several theatres like Pan, Central, etc. for entertainment.
Noteworthy Real Estate Projects
Tripunithura has a number of outstanding apartment buildings. Varma North Light in Vadakkekotta is an ongoing project with 2 and 3 BHK luxury apartments. It is just 300 m away from the Metro station.
Varma Padipura at Statue Junction with 2 and 3 BHK luxury apartments and modern amenities like a rooftop swimming pool, offers high-class modern living.
Varma Maalika Blocks I and II at the prime location of S N Junction, just 200 m from the Metro station offer 2 and 3 BHK luxury apartments.
Varma Kottaram, situated close to major temples, has 2 and 3 BHK apartments.
Chottanikkara
Chottinakkara is a southern suburb of Kochi and famed as a temple town. The ancient Bhagavathy Temple is dedicated to the Devi, believed to have the power to heal mental ailments. There are many legends associated with the temple and the town. It is a peaceful and green neighbourhood that many people prefer if they want a quieter lifestyle.
Amenities
Transportation – Chottanikkara is well-connected by major roads and several private buses offer services to the area. There is also a railway station functioning here.
Education – Government schools, Mahatma Gandhi school, and several play schools can be found here.
Healthcare – Apart from SD Tata Hospital, Chottanikkara has Ayurveda and Homeo hospitals too.
Shopping and Entertainment – There are many shopping centres and arcades that offer ample choice of products.
Noteworthy Real Estate Projects
One of the most prestigious ready-to-occupy apartment buildings in Chottinakkara is the Varma Bougain Heights Purple. Premium 2 and 3 BHK flats are available with 0% GST. A model apartment is available for you to check out, so you can get the proper idea about layout and space.
Potential for Appreciation
All residential areas in Kochi have high chances of value appreciation, but the localities mentioned here are likely to increase in value the most, thanks to the following factors:
Infrastructure Development
In all the neighbourhoods we spoke about above, infrastructure development is happening at a rapid pace. State and national highways are being built or broadened, with land being acquired by the respective authorities. The Kochi Metro Phase II has also been kicked off and is expanding to new areas, and new stations are being built. The Water Metro has also been proposed to connect regions separated by the backwaters.
Economic Growth
Kochi is witnessing unprecedented economic growth thanks to the exponential rise of the IT, tourism, manufacturing, and finance sectors. Its central location, existence of a well-maintained port, and tradition of trade and commerce are bonus factors that contribute significantly to Kochi?s economy.
Lifestyle
Kochi offers a heady mix of modern urban conveniences, serene green spaces, a cosmopolitan and eclectic population, and traditional culture. People find this very attractive as they get to experience myriad facets of life in this Queen of the Arabian Sea.
Conclusion
There is no doubt that the real estate market in Kochi is the ideal place to invest in, as there are boundless opportunities for value appreciation. The city is expanding, growing, and flourishing, and the demand for quality living spaces is spiralling by the day.
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