Post by gesier on Jul 23, 2013 8:36:06 GMT -5
Kochi is the commercial capital of southernmost state of Kerala and it is considered as the upcoming corporate and IT Hub of south India. Real estate in Kochi offers excellent accommodation alternatives like luxury homes, deluxe villas, and expensive apartments. Kochi provides all necessary facilities of a world class city with excellent connectivity by road, rail and air. It is one of the most advanced Cities in India with cent percent literate workforce known for high productivity. Property market in Kochi is witnessing a boom which is often referred as a phenomenon in Kerala economy. Urbanized culture of Kochi urban conglomerate is another factor which attracts thousands of people to the City.
Strategic location of Kochi on transnational IT corridor makes it a hot spot for multinational Information Technology giants. All these factors proved fruitful in the unimaginative growth of real estate sector in the age old conurbation of Kochi. Residential sector in Kochi Township is booming everyday because of high demands from Non Resident Indians. Luxury apartments introduced a new trend in real estate sector of Kochi City and the whole concept of a lovely living space changed completely. The habit of spending an entire lifetime in a single residence is completely gone and people like to shift from one residence to other. Present generation wants to buy luxurious and comfortable living spaces reflecting their style and social status. Rising income of middle class, scope for long term investments, and influx of migrants are the driving forces behind development of Kochi real estate.
Strategic location of Kochi on transnational IT corridor makes it a hot spot for multinational Information Technology giants. All these factors proved fruitful in the unimaginative growth of real estate sector in the age old conurbation of Kochi. Residential sector in Kochi Township is booming everyday because of high demands from Non Resident Indians. Luxury apartments introduced a new trend in real estate sector of Kochi City and the whole concept of a lovely living space changed completely. The habit of spending an entire lifetime in a single residence is completely gone and people like to shift from one residence to other. Present generation wants to buy luxurious and comfortable living spaces reflecting their style and social status. Rising income of middle class, scope for long term investments, and influx of migrants are the driving forces behind development of Kochi real estate.