11 Nov-2019

A Little Slice Of Life at Cochin

Posted onNov 11, 2019
by by Admin
Kochi, Real Estate Market Trends in Kochi

Kochi, the Queen of Arabian Sea, is the spotlight of many developments, especially it is hub spot of real estate market. The well-equipped social infrastructure, the multitude of eateries, entertainment, technology and cosmopolitan culture makes Kochi as the more vibrant cities in God?s own country, Kerala. Often referred to as the economic capital of Kerala, Kochi offers great opportunities for investment. Numerous builders and real estate companies have chosen to set up their residential projects in diverse areas of Kochi. This has also opened up countless choices for people who are looking to purchase apartments in Kochi. Many factors drive the real estate market of Kochi forward.?

#1 Varying living Lifestyle

The life at Cochin City gives away the best lively living lifestyle with all the needs at the doorstep. One can enjoy the pluses of the God?s own country filled with the modern lifestyle that this fast-growing city has to offer. It offers significant infrastructural facilities to its citizens. Be it educational institutions, healthcare facilities, retail outlets, shopping malls, modes of transport, or recreation centres, the Kochi provides you access to only the best for a supreme lifestyle. Lulu International Shopping Mall, the largest shopping mall in Asia built in 17 acres with 2.5 million square feet is located at Kochi. It is the one-stop destination for shopping, fun and entertainment for Kochiates. These developments add up the aesthetic value of Kochi and increase investment in the city.

#2 IT Boom

The tremendous growth in the IT sector along with the government initiatives made Kochi as one of the best technological hotspots in India. Infopark and Smart City revolutionizes the job market in Kerala, which give a huge push to the IT industry in Kochi. Due to the availability of affordable and skilled labour, it becomes the key options for corporate who looks to expand their business in South India. Booming micro-markets in suburban areas like Chottanikara, Tripunithura Edapally, Palarivattom, Elamakkkara etc. are developing at a fast pace. This will open up different opportunities in investment and business, especially for youngsters.? So it is now a platform for migrants who looking to start their career in IT industry together with a blend of rich heritage, modernization and culture. The cost of living and operational expenditure of Kochi is comparatively much lower than other metropolitan cities. Therefore it becomes the first investment choice for techies and real estate investors.

#3 Excellent Connectivity

Kochi has a well-connected transport system that runs through road, rail, air and water.? Kochi?s backwater system offers inter-city connectivity and acts as a cheap mode of transportation for natives. The launch of Kochi Metro rail has also added to make accessibility an essential feature of the city. Kochi metro brings a revolutionary change to public transport.? It also turned out to be a major boom in the real estate sector.? Now also the recent stretch of Kochi Metro to the new five stations like Ernakulam South, Kadavanthra, Elamkulam, Vytilla and Thaikoodam escalated the growth of this city.

#4 Tourism hotspot

Kochi fascinates around 10 lakh foreign travellers per year which donate huge to the total revenue produced. Kochi is the city of historic value along with being a favourite destination for green lands, watercourses and beach. The steady upsurge in demand for hospitality allied real estate holdings like resorts and hotels owing to sustainable tourism growth which also leads to the real estate boom in Kochi.

#5 Property Appreciation

?Because of the upcoming developments in the city, property appreciation is high in Kochi which acts as an incentive for investors with a long term vision. There avail number of choices for investment in realty market such as apartments in Kochi, flats in Kochi, villas in Kochi etc. Due to the high demands, the resale value of the property is always greater than invested.?

Are you one among those many planning to own an apartment in Kochi city? Well, think no more and choose Varma Homes, one of the leading builders in Kerala offering best residential projects strategically situated at key locations of Kochi to ensure matchless living experience. Be ready to experience a new level of happiness by living in the house of Varma Homes, here is your list:

VARMA MAALIKA I, TRIPUNITHURA (Completed ahead of Schedule)

Luxurious apartment project having 12 residential apartment units of 2BHK & 3BHK with G + 4 floors with premium quality amenities.

VARMA PADIPURA, TRIPUNITHURA (Ongoing)

Luxurious apartment project having 32 residential apartment units of 2BHK & 3BHK with B + G + 11 floors with premium quality amenities.

VARMA KOTTARAM, TRIPUNITHURA (Completed ahead of Schedule)

Luxurious apartment project 24 residential apartment units of 2BHK & 3BHK with G + 4 floors with premium quality amenities.

VARMA MAALIKA II, TRIPUNITHURA (Ongoing Nearing completion)

Luxurious apartment project having 8 residential apartment units of 2BHK & 3BHK with G +4 floors with premium quality amenities.

BOUGAIN HEIGHTS PURPLE, CHOTTANIKKARA, KOCHI (Ongoing)

Compact apartment projects having 44 residential apartment units 2 BHK &3 BHK with B+G+8 floors with premium quality amenities.

Choose from our array of villas, flats and apartments in the heart of the city as we give you more reasons to own one at Kochi. To know more - https://www.varmahomes.com/

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