The Indian state of Kerala is in the Southwestern region of the country. It is known as God’s Own Country and famous for its serene natural beauty, cultural heritage, and quality of life. Investing in Kerala is a good choice as the state is developing economically and attracting many professionals from all over. Important reasons to invest in Kerala are the growing economy, rapid urbanization, quality of life, and the booming real estate sector.
Let us look at the major locations to invest in Kerala:
Ernakulam 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 flats in Kochi. The city also poses as a perfect blend of traditional and modern cultural lifestyles for its residents making it an attractive destination for buying flats in Ernakulam.
Investing in Kozhikode can prove to be profitable in the long run. As the city is in the development stage the property prices are lower compared to large cities. As the city grows there will be an appreciation in prices offering a healthy return on investment. There is also a growing demand for rented residences by the young working population. The builders and developers offer varied options for the investor ranging from 1 BHK and 2 BHK flats in Calicut to independent houses and even luxury villas. Kozhikode is one of the emerging destinations for real estate investments by investors aiming to grow their wealth.
Kottayam is ideal for the professional who is in search of a modern well-rounded life in the lap of nature amidst peaceful greenery and picturesque lakes. Many developers offer world-class flats in Kottayam in secure and esteemed neighborhoods covering every desire of a professional. The city is an ideal mix of industrial development and an upmarket social life.
Kerala is seeing significant growth in many of its cities. The rapid economic development is attracting many professionals from all over the country. Another important reason is that the state promises many rich experiences to the young mobile populace who are always experimenting with travel and culture. Kochi, Calicut, and Kottayam are amongst the fastest-growing markets for real estate in the state and promise high returns on investments in the future.