Kochi, or Cochin, 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 in Kochi have recognized the city’s potential as a major attraction for new home buyers.
Let us look at some of the specialties of Kochi which distinguish it from other residential destinations:
Lap of nature
Located in the heart of God’s own country, Kochi is blessed with the lush greenery of the tropics that mesmerizes anyone who visits it. With a serene network of backwaters, lagoons, and islands, residents can enjoy a peaceful and idyllic environment. Residents of flats in Kochi enjoy the coastal lifestyle, pristine beaches, and unique seafood known only in this region. Who hasn’t heard of the tranquil backwaters of Allepey? One can enjoy boat rides, houseboat stays, and still waters from time to time.
History and Culture
The city’s rich history dates to many centuries. It has been a major trading hub attracting many traders and explorers from all over the globe. Historical monuments like the Chinese Fishing Nets, Mattancherry Palace and Fort Kochi are witnesses to the city’s past. The diverse influences of many cultures from different parts of the world like Arab, Europe, and Chinese are seen in various cuisines, architecture, and festivals thriving in the city.
The art galleries, theatres, music festivals, and exhibitions have made the city famous as a melting pot for culture enthusiasts and attract many from all over the country and the world.
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 city is well connected to the rest of the country and world by air, road, and rail. The domestic and international airports, state and national highways passing through it, and railways give access to all major hubs and cities within the state and country. The network of roads in the city is the principal mode of movement of transport within the city.
The Kochi Refineries, Kochi Shipping Yard, Eloor Industrial Estate, Kakkanad technological cluster, and the Special Economic Zones are the major hubs for industrial activity in the region. These regions are responsible for the major economic development in the city and account for the presence of more than 450 IT companies and 250 companies from other industries. The demand for housing and commercial real estate is fuelled by these developments. This demand is forecasted to keep growing in the future too.
Real Estate Scenario
There are several reasons for Kochi being the preferred destination to settle down. The city is rated as one of the safest cities to live in India. Living in Kochi is affordable, and the booming IT industry is attracting many professionals to migrate to the city. These factors are responsible for the rapid development of the real estate sector.
It boasts of well-planned residential areas, excellent connectivity, modern healthcare facilities, educational institutes, shopping malls, and entertainment options. The city has a robust economy driven by tourism, shipping, and marine and Information Technology industries. The government’s special focus on developing 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.
Developers and Builders
The major reputed builders in Kochi offer modern luxury flats 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 3 BHK flats in the Kochi market are more spacious than budget apartments.
The social, cultural, and economic conditions in the city of Kochi provide a healthy environment for home buyers who wish to settle in Kochi as well as investors who wish to participate in the city’s growth story.