Kochi, the commercial capital of Kerala, has been a sought after location for real estate. Many builders have entered the kochi market over the years. The city is undergoing some great changes that are sure to put it on the world map. The rentals and the property prices have risen in recent years. People are looking out for better accommodation facilities in the state. And thats why, the demand for apartments and flats in Cochin have gone up. The main reason behind the rise in real estate demand can be attributed to the emergence of the IT sector in the city. The rise of Infopark in the city has led to the growth of professionals in need for better housing options. The excellent connectivity and great infrastructure make Kochi a desirable place to live. The areas which are popular in Kochi include Kakkanad, Vytilla, Airport Road, Kadavanthra and Aluva. Other upcoming areas of the city include Edapally, Kaloor, Vytilla, Palarivattom, South Ernakulam, kalamassery etc. This could be attributed to launch of the metro rail project and also the rise of malls in the vicinity. Kochi has gone beyond the status of Tier II cities and is developing by the day. Investment in Kochi is a great idea for those who consider living in a normal working life in a clean and beautiful place. It is a well planned city which is attracting professionals from all across the country in recent times. Surely a great option to invest in, in coming years.
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