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:
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.
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.
Edappally intersections is one of the busiest in the city. It is a fast-growing neighbourhood and am important business districts of Kochi. Edappally is well connected as two national highways, NH 544, and NH 66 join here to form the Kochi Bypass Junction. The industrial town of Aroor is connected to Edappally via this bypass. The locality has the best social infrastructure and facilities like schools, colleges, hospitals, and entertainment hubs. These reasons are boosting Edappally’s emergence as a residential hub.
Thrippunithura is recognised for ancient cultures and traditions as the yearly festival of Vrischikoltsawam is held here. The famous Poornathrayeesa temple that attracts many visitors from all over is located here. Located around 7 km from the centre of Kochi Thrippunithura has many educational institutions. It is well connected to important city hubs by public transport plying on a good rail and road network. Many new projects offering 2 BHK flats for sale in Kochi are in different stages of development in Thrippunithura.
These locations offer wide choices to suit the budget and aspirations of home investors. One can choose suitably and be assured of good appreciation and returns on investment.