There are many reasons why NRIs should invest in real estate in India. The most important being that the sector is growing at a record pace and there are indications that the growth will continue in the coming decade. Economic growth is fuelling rapid urbanisation increasing demand for housing and commercial real estate. New projects across price segments in Tier 2 and Tier 3 cities will soon overtake those in the larger cities. And as the demand increases the returns on these investments are bound to improve on long-term investments. NRIs with a large corpus of funds can be assured of healthy returns if they buy property in India.

Let us look at different options for NRIs who wish to buy property in India:

Residential Real Estate

The options for NRI real estate investment in residential property are plenty. Depending on the long-term use and budget NRIs can choose to invest in metro cities, Tier 1, Tier 2, or Tier 3 cities. The large-scale infrastructure developments across cities are creating new markets in suburbs of large cities and new micro markets. Tier 2 cities are now attracting serious interest from developers in Kochi and investors as there are many projects to invest in at prices that are lower compared to large cities.

With an overall prediction of growth in the sector, returns on investment in smaller cities can be as lucrative as those in large cities if not more. There are many types and formats of residential properties ranging from flats, apartments, independent houses, villas, and plots to luxury and ultra-luxury segments with innovative amenities to fulfill the personal and social aspirations of the residents. The development of self-sufficient townships that have all the features of residential projects with social infrastructure is on the rise meeting the demand for these by modern home buyers.

Commercial real estate

Although commercial real estate requires more capital for investment it also commands higher rentals and prices. The economic growth is fueling the growth of current and new businesses which ultimately require commercial spaces for their operations. Investing in retail spaces, office properties, industrial plots, mixed developments, and warehouses can be highly lucrative for NRIs. The investors can be assured of healthy returns as the economic growth is expected to be robust till 2030.

Real Estate Investment Trusts (REITs)

REITs are funds that invest in real estate stocks in the capital markets. The returns earned as rentals and mortgages are paid to the investors in the form of dividends. These investment instruments are like mutual funds where investors do not individually buy or invest in properties but instead invest in a pool of real estate equity.

These are the various investment options in real estate that NRIs can invest in. It is always advisable to perform due-diligence before investing in any property or instruments by consulting industry experts and doing market research.

God’s own country is known for its scenic beauty and rich cultural heritage. Nature has been generous with the state in blessing it with breathtaking landscapes, serene mountains, golden beaches, and a clean environment. The richness of the land needs preservation and the residents of Kerala are realizing this.

With the demand for eco-friendly and sustainable homes increasing steadily, most builders in Kochi know that it is the future of real estate in Kerala. Eco-friendly homes offer a healthy environment to live in as well as several financial benefits to leave behind a legacy for future generations.

Sustainable Housing

Construction of homes by traditional methods increases the carbon footprint due to excessive use of concrete, emission of greenhouse gases, and depletion of natural energy resources. Sustainable housing focuses on reducing environmental degradation and conserving non-renewable resources.

1. Energy efficiency can be achieved by using renewable energy resources like solar energy panels, energy-efficient appliances, and homes designed for natural lighting and ventilation. Wind, hydropower, and biomass are other sustainable options.

2. Sustainable materials like eco-friendly bricks, stone blocks, limestone blocks, and eco-friendly cement can replace traditional building materials with a high carbon footprint.

3. Conserving water by employing rainwater harvesting, recycling, and reusing household wastewater and better water management systems can go a long way in conserving water.

4. Waste management like the segregation of waste and recycling waste for composting that can be reused in the residential ecosystem are ways of improving efficiency.

Benefits

Eco-friendly sustainable homes offer several benefits to residents.

1. Energy and water-efficient homes help reduce utility bills adding to the savings.

2. Sustainable materials have a longer life and reduce the cost and effort of maintenance.

3. They offer a healthy lifestyle in an environment with a lower carbon footprint and by using natural resources like wind and sunlight.

Trends

1. Most projects in Kerala now aim to get green certifications such as LEED and IGBC to promote eco-friendly homes in high demand.

2. Energy-efficient buildings and vertical gardens are common in any property in Kochi including luxury properties proving that luxury and sustainability can co-exist.

3. The presence of open green spaces allows for a healthier lifestyle by promoting physical exercise like walking and outdoor activities.

4. Smart homes and home automation can help optimum utilization of resources reducing carbon footprint.

The Kerala government has made a great effort to promote sustainable real estate development by introducing green building norms and incentivizing eco-friendly practices. By educating home buyers to opt for sustainable homes and eco-friendly living practices the demand for sustainable housing has a green future.

Kerala is one of the top investment destinations in India. Several reasons like a booming economy, changing buyer preferences, IT growth, and rising tourism in the state are responsible for this. The state is one of the top investment destinations for high-net-worth Individuals (HNI) and Non-resident Indians (NRI). Kerala is already known to receive one of the highest international remittances in the country. The new opportunities in the real estate investment landscape present a bright future for the industry in the coming years.

Real Estate Ecosystem

The Kerala real estate market is expected to undergo several transitions in the coming few years. The rapid urbanization driven by the growth of several industries like IT and Tourism will boost the demand for residential real estate. The demand for homes that blend elegant architecture, modern design, and seamless connectivity is increasing as millennials are making conscious choices for their homes. Smart home features and energy-efficient designs are shaping the evolution of new projects in Kerala. The importance of sustainable and eco-friendly projects is gaining more value every passing year.

Top locations

Kochi

Kochi is the perfect blend of growing employment and economic opportunities, natural scenic surroundings, and growing infrastructure. Builders in Kochi realize that these factors make it one of the top investment destinations in the state. The annual appreciation in property prices and rentals makes property in Kochi one of the favorites for HNIs and NRIs. Important infrastructure developments like the Kochi Metro project being expanded with the Kochi Water Metro project and improved road connectivity will have a significant impact on the property market.

Thiruvananthapuram

The capital city of Kerala is becoming the next growth hub of the state with a major demand for both residential and commercial real estate.

Technopark of Trivandrum is one of the driving forces for the growth in housing and retail spaces.

Upcoming cities like Kottayam and Palakkad are the next growth destinations for real estate in Kerala. The infrastructure growth and connectivity to other locations in the state make these cities ideal investment destinations as they gain attention as the nest growth destinations. Kozhikode is known as the cultural hub and education destination because many reputed institutions offer professional courses. It has a good mix of residential investment options.

Residential

An investor has many options to invest in the state, right from flats, apartments, villas, and independent bungalows to luxury and ultra-luxury homes. As the affluence of the home buyer and investor increases the demand for luxury and ultra-luxury homes is seeing significant growth. The state’s natural beauty and cultural heritage make it an ideal location for hospitality real estate like vacation rental homes, boutique hotels, resorts, restaurants, and cafes.

Commercial

The IT sector has changed the face of Kerala as it continues to grow every year. Commercial real estate like office spaces and business parks offers lucrative investment opportunities as commercial real estate offers higher returns.

By conducting proper due diligence and effective research investors can make the most of the profitable opportunities that Kerala real estate investment presents in the coming years.

ABAD Builders has been one of Kerala’s leading real estate developers, committed to delivering luxury properties that strike the perfect balance of being environmentally friendly, cosmopolitan, and comfortable while also being best for value forms of investment. With two decades of experience, each of the projects is carefully built with the latest structural engineering technologies and incorporates amenities of modern urban living strategically located in some of Kochi’s most sought-after residential areas, thereby ensuring greater appreciation in real estate value.

ABAD Sunrise Park

Engulfed in a healthy serving of rich foliage and set amidst a serene, rapidly progressing, and well-connected neighborhood rests your ultimate dream haven, a contemporary embodiment of enriched living. Conceived to provide the perfect ecosystem for people to live, work, relax, and indulge themselves, all at one convenient address, Abad Sunrise Park, Nettoor, is a privileged enclave of tastefully designed luxury flats in Kochi to echo comfort, style, and luxury at every level, ensuring that a home is not just a place but a feeling, a feeling of pride.

Glazed in serenity and style, the tower of Abad Sunrise Park, stands tall as an exclusive enclave of homes spread across 12 floors. This edifice is bound to delight its owners with its richness and unique architectural design offering 45 comfortably large 3 and 4 BHK flats in Kochi with best-in-class common amenities and upgraded specifications. Peaceful walking paths and meditation gardens provide solitude to residents. Ample spaces on the ground, first floor, and rooftop offer many leisure and recreational facilities, adding bliss to the enjoyable times spent here. With a sky bridge connecting two wings, the terrace offers enchanting features with a multitude of soothing amenities for elders, youngsters, and children to unwind and celebrate the living spaces.

The tower is an embodiment of unsurpassed plentitude and majesty. From vast living rooms to spacious bedrooms, to expansive landscaped green areas. From comfort to convenience, leisure to pleasure, seating to jogging, running to swimming, meditation to entertainment, indoor to outdoor. For little ones and veterans, for health and fitness, for evenings and mornings, for residents and guests, Abad Sunrise Park has a place for everything and everyone, and a new reason to celebrate every single day in a lot fuller way than the day gone by.

Some of the best-in-class amenities include a Swimming pool and Kids Pool, a Well-equipped AC Fitness Center, a Play Area, an outdoor gym, and a Jogging Track meant to keep you in the best shape. A Yoga Meditation Center and Green Area with a Game Zone to ensure your mental well-being. AC Multi-Recreational Hall, Barbecue Area, and Lobby to keep you and your guests entertained.

Abad Sunrise Park is conveniently located and has easy access to social infrastructure and public transport.

Some important landmarks include:

1. Maradu Market – 800 Meters
2. Lakeshore Hospital – 1.5 km
3. Crown Plaza – 1.9 km
4. Kundanoor Junction – 2 km
5. Kumabalam Railway Station – 2.5 km

Abad Sunrise Park is an ultimate amalgamation of luxurious homes, comforting surroundings, and world-class amenities and conveniences to create wonderful memories for life.

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 living. The city also poses as a perfect blend of traditional and modern cultural lifestyles for its residents making it an attractive destination for an NRI (Non-resident Indian).

Let us look at some important trends in the property market of Kochi:

1. Location

The prime locations that offer luxury flats in Kochi are Marine Drive, Panampilly Naga, Kakkanada, Vyttila, and Kadavanthra. These prime locations offer elite neighborhoods, waterfront areas, and stunning views of the sea and backwaters. They have easy access to educational institutes, hospitals, malls, cafes, and restaurants. They also offer some of the best commercial real estate in the city.

2. Design and Architecture

The luxury flats in Kochi are adorned with modern as well as traditional architecture to suit the tastes of the selective NRI buyer. Luxe apartments, bungalows, and villas showcase elegant designs and contemporary layouts giving them a refined look. High-end interiors with premium materials, fixtures, and fittings are used to entice the NRI elite.

3. Amenities and Facilities

Luxury homes in Kochi offer world-class amenities to keep up with the lifestyle of the wealthy. Swimming pools, fitness centers, clubhouses, spa and wellness centers, multi-car parking, 24×7 security, and concierge services are common facilities that suit the Uber lifestyle.

4. Privacy and Security

The high-end security and privacy distinguish flats for sale in Kochi. The gated communities of these projects have restricted access and security personnel surveillance 24/7. Some complexes also have advanced security features like video intercoms, CCTV surveillance systems, and automatic fire-combating systems.

5. Green and Sustainable Living

Green living and natural resources consciousness are important values that carry special significance for the NRI. Rainwater harvesting systems, solar panels for electricity generation, energy-efficient appliances, and landscaping that prioritizes native plants and conservation are some of the primary features that many luxury projects incorporate.

6. Developers and Builders

The major reputed builders in Kochi offer modern luxurious flats for sale in Kochi to meet the demand of the uber home buyer. They are constantly innovating to distinguish themselves from the competition and win the approval of discerning NRI investors and buyers. Luxurious gated villas, deck-style apartments, personalized services, and heightened security systems are some of the innovative facilities that meet international standards. The luxury flats for sale in the Kochi luxury market are more spacious than budget apartments.

7. Investors

The real estate market in Kochi is seeing steady growth – one of the highest in the country. The different options in home segments help in making smart investment options with the potential for high returns. NRIs interested in Kochi real estate can invest in villas or luxury flats to settle after retirement.

Real estate investment in Kochi can be highly lucrative. After some research on the locations, and property markets and consultation with industry experts, NRIs can invest in property projects without doubts. Reputed projects are in great demand in this city and tend to sell fast. One must be vigilant and quick in investing in good properties.

Ernakulam or Kochi, the queen of the Arabian Sea, is a natural wonder in the south Indian state of Kerala. Known for its scenic natural beauty and as a cultural hotspot, this city is also witnessing tremendous economic growth. The city offers its residents a chance for holistic living with many experiences to explore. Most reputed builders and developers in Ernakulam have recognized the city’s potential as a major attraction for home buyers and investors. They are building excellent residential complexes to meet the growing demand for housing.

It is important to keep certain things in mind while buying an apartment in Ernakulam:

1. Budget

Buying an apartment is a major investment. You may be salaried or a businessman, the first step is to check if you have the funds to invest in the apartment. Set your budget after doing a proper analysis of your finances. If you are taking a loan, consider all the costs involved and budget the EMI payment from your income. For example, if you are checking flats for sale in Ernakulam, you need to check if it is within your budget.

2. Location

You need to check how accessible the location is from your workplace. Does the location have good facilities and social infrastructure? Is it easily accessible to schools, hospitals, shopping centers, and malls? These are important questions to be asked before you think of buying a flat in Ernakulam. The location also plays a major role in determining the costs associated with purchasing the property.

3. Builder/Developer Reputation

The reputation of the builder is an important factor before short-listing projects. The track record of the builder can be researched online. The past project reviews, customer feedback, and ratings will give a proper picture of their track record. If it is a new location, it becomes important to check for the reputation of builders for that area. It’s always safe to select a reputed builder who has successfully completed many projects.

4. Legal Documentation

Ownership title, land use permissions, approvals from local authorities and municipalities, and clearances are important documents to check and make sure the project in question is legitimate. No matter how lucrative an offer may seem or how many perks are offered, if all the paperwork is not in place, then it is better to skip that project.

5. Amenities and Facilities

The amenities usually determine the cost of the property these days. Check and compare amenities offered by different projects within your budget. The amenities that are useful to you should be prioritized. A swimming pool, clubhouse, gym, and garden are some of the common amenities that are offered in most reputed apartments in Ernakulam.

6. Safety and Security

Any good apartment project offers basic security features like a gated residential complex with security personnel and CCTV cameras. These are basic facilities that are expected no matter the price of the apartments. After all, one must ensure the safety of the vulnerable members of their family like children and senior citizens.

These are some of the basic criteria you should consider if you wish to buy an apartment in Ernakulam. One can always look for specific facilities and amenities during their search.