Kochi is an ideal city for real estate investment today. Backed by economic growth, an expanding IT sector, an expanding port, and a magnet for tourism, the real estate sector is experiencing unprecedented growth. It is the right time to investing in Kochi flats to make the most of the rapid urbanization and demand for housing by the working population. The rental returns and property appreciation trends in Kochi are very encouraging as many professionals are settling in Kochi. Investors who choose their investments wisely stand to reap excellent benefits in the future.
In this blog, we will explore the various options available in the residential real estate market.
Investment Options
Investors today have many options to invest in the residential real estate market. Flats in Kochi range from the budget segment to the luxury and ultra-luxury categories. The property types can range from apartments, penthouses, villas, bungalows, etc. Depending on their investment strategy and budget investors can choose the property type, area, configuration, and location.
Luxury Apartments
The growing economy and positive sentiment have boosted the earning potential of many young professionals. Kochi is known for its entrepreneurial spirit with many professionals and entrepreneurs building new successful businesses. The affluent youth seek luxury and ultra-luxury apartments and properties with high-end facilities and amenities. Investing in these luxury apartments for sale in Kochi is expected to earn high returns due to price appreciation.
Locations
1. Premium locations in Kochi like Marine Drive, Kadavanthara, and Panampilly Nagar offer many residential options like upscale, high-rise waterfront properties, opulent villas, and community residential complexes. These locations have excellent connectivity to major hubs and IT parks. Many corporates and executives prefer these locations due to the upmarket status and access to the best facilities and amenities.
2. Kakkanad, Palarivottam, Vytilla, and Edapally are locations with mid-segment to luxury apartments. These locations have a good mix of residential and commercial properties with good social infrastructure. A good public transport network with upcoming metro networks makes these locations well-connected to the city.
3. Aluva, Thrikkara and Vazhakkala are locations with budget apartments ideal for investments as these locations have good potential for growth. The price appreciation in these locations is expected to be high in the future. These Kochi flats for sale have a good mix of social facilities and employment zones ideally suited for working professionals.
Kochi is well known for its rich cultural heritage, scenic nature, and urban environment. This is ideal for young people to live and thrive. Hence investing in residential property in Kochi is a smart move.
