| Cochin (Kochi), the commercial capital of Kerala is one of the fastest developing cities in India. This has lead to tremendous demand for residential as well as commercial real estate development. While the demand in the commercial sector is caused by the retail boom, the increased demand in the residential sector is due to the perceived opportunities arising from the various developmental projects like “smart city” and a high inflow of NRI investment in to the city. The notable thing is that the city is expanding horizontally, which will, to some extend balance the infrastructure constraints.
Houses and Villas in Cochin are on the high for living and for investment. Villas, independent residential units with separate compound wall and courtyard normally constructed by builders within a township are also popular. The privacy of houses and villas attract people. As land gets dearer houses & villas in smaller plots in small townships developed by property developers have become popular.
The demand for real estate will continue to grow in the coming years as more and more developmental projects promise huge infrastructure investments in Kochi. It is also highly preferred by NRIs who plan to have a home in Kerala due to its urbane lifestyle, good health care facilities, educational institutions & avenues for recreation.
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