Is Ernakulam A Good Investment Option For Upgraders

Is Ernakulam A Good Investment Option For Upgraders

Kochi is the commercial capital of Kerala. It is also known as a major tourist hotspot attracting tourists from all over the country and worldwide. The city is among the fastest-growing cities in the country and has been chosen as a Smart city by the government. Kochi will receive special development status from the central government to develop pan-city solutions and area-based development.

While upgrading your current home to a new one you are looking for better infrastructure and amenities around them. The location is expected to have better social infrastructure and connectivity. The residential project is expected to have the best amenities that promise a better lifestyle and environment for the family to grow. The city to which you are upgrading plays a big role in making certain that your upgrade was worth it.

There are many reasons for Kochi to be a good investment option for those looking to upgrade their homes.

Infrastructure and Development

Kochi is one of the top emerging cities of India and boasts of well-planned residential areas, excellent connectivity, modern healthcare facilities, educational institutes, shopping malls, and entertainment options. It is the first-TIER II city in India to have an operational metro rail network. The international airport connects the city to all major hubs within the country and the world. The builders in Ernakulam are matching these developments by building world-class complexes.


The city has a robust economy driven by tourism, shipping, and marine and Information Technology industries. The government’s special focus to develop these sectors has resulted in the generation of major employment opportunities for those who wish to make the city their home. The Cochin Port and Kochi International Development have further boosted the city as a hub for economic activity.

IT Hub

The special initiative of the government to develop the city as a major IT hub has led to the development of Infopark and Smart City campuses which is gaining the attention of large IT MNCs drawing them to invest in the city.

The Kakkand technological cluster and Cochin Special Economic Zone (CSEZ) offer a major advantage for these companies in cost-cutting as the cost of doing business is low and skilled professionals are easily available at lower costs. This has also boosted employment opportunities pushing the growth of residential flats for sale in Ernakulam.

Real Estate Development

Kochi offers the best residential projects for those looking to upgrade their lifestyle. There is no dearth of residential properties that suit the needs of every budget. Leading builders from the city are now offering luxury flats for sale in Kochi, high-rises with the best modern amenities and a luxurious lifestyle. Developers are creating exceptional homes with creative interiors to entice the home buyer. The smallest of the details and nuances are being taken care of to offer home buyers looking to upgrade their homes.

Kochi is also a hub of rich culture and traditions. The residents of the city can enjoy the most beautiful locales and experience the best cuisines and arts fulfilling all the needs of an enriching lifestyle.

Investing in Residential Real Estate in Kochi

Investing in Residential Real Estate in Kochi, A Smart Choice

A city known for its immense natural beauty, rich cultural heritage, and ideal tourist location, Kochi is emerging as the economic capital of the state of Kerala. Some serious developments in commerce, infrastructure, and industry have boosted the real estate landscape of the city.

Let us look at the factors that are responsible for Kochi’s emergence as an ideal location for real estate investment:

One of the top 20 smart cities in India

Kochi has been identified as one of the 20 smart cities by the Ministry of Urban Development, Government of India through a competitive selection process. This means that the city will get a special focus on the development of planned and improved infrastructure. The focus will be on E-Governance, water management, power supply, sanitation, solid waste management, efficient urban transportation, and IT Connectivity. The special focus on Kochi is bound to improve investments in the city that will boost real estate development at a fast pace.

Economic drivers

The Kakkanad technological cluster and Cochin Special Economic Zones are initiatives taken up by the government to develop Kochi as an industrial hub to boost IT and other industries. The Cochin International Airport’s new international terminal with operational metro and upgradation of the seaport is poised to attract global companies and cargo-based businesses to set shop in and around it. The metro rail will improve connectivity and travel time from Aluva to the key micro markets within the city ensuring real estate development in surrounding areas. These initiatives will drive the demand for residential properties, savvy office spaces, and retail properties.

Growing real estate market

Kochi’s real estate market has seen one of the highest growth amongst Tier 2 cities in India. The boost in infrastructure development, expanding economy, and growing population of skilled workers are reasons for the growth of the real estate industry in the city. There is potential for high returns on investment in real estate with a good scope for rentals. Builders and developers in Kerala consider Kochi an important market. The flats in Kochi are being developed with a vision to match international standards.

Tourism destination

Kochi sees an annual tourism influx equalling 4 times its population. It sees Indian as well as foreign tourists, of which foreign tourists account for 14% making tourism a major industry in the city’s economy. The city’s effort in transforming into a tourism hub will lay the groundwork for the development of hospitality and allied industries.

Infrastructure development backed by economic development has traditionally boosted the real estate industry. Kochi is on the path to becoming a major economic hub in South India and investing in the city’s property market is definitely a smart choice.

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8th Floor, Nucleus Mall & Office,
N.H.85 (Kundannoor – Petta Road),
Maradu. P.O, Kochi – 682 304.
Ph: +91 0484-4105000,
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