Kochi is the fastest-growing Tier II city in India. It is also the economic capital of the state of Kerala. Rapid infrastructure and industry development have boosted the real estate market which is witnessing a huge demand for residential and commercial properties. Rising incomes and living standards in the metropolitan have created a steady rise in the demand for luxury flats in Kochi. The city also poses as a perfect blend of traditional and modern cultural lifestyles for its residents.
Let us look at the top locations to invest in Kochi:
1. Kakkanad
Kakkanad is a well-known IT hub in Kochi. The presence of many IT and related companies makes it an ideal location for professionals who are looking for accommodation. Investing in this area assures regular rentals. This area is also well developed in terms of physical and social infrastructure offering good connectivity. The area’s prices are still affordable but are set to rise with the increasing demand from working professionals.
2. Aluva
Aluva is a promising destination for real estate investment in a neighborhood bordering the city. The location gives an ideal combination of mainland Kochi and the peace and quiet of the suburbs. The land value is expected to skyrocket, and investing in this location is smart. Aluva is a significant transit hub and industrial epicentre desired by many home buyers. Aluva has the best 3 BHK flats in Kochi.
Original article published at https://www.ezeebiz.in/hunting-ground-for-the-kochi-home-investors/