Top 4 Reasons Why Kochi is a Favourable Real Estate Destination
25 Oct 2018
Kochi is fast emerging as a sought-after property market among both localities and NRIs. The tier-2 city is also ranked 6th in the Top 20 Smart Cities list which has made it a favourite destination for reputed builders to launch their prestigious projects.
Here is a brief analysis on the growth of Kochi as a preferred real estate market.
Quality of life
Kochi is well-known for the quality of life it offers. Compared to other major cities, Kochi is a preferred destination for a comfortable and affordable living experience. The cost of living is also much lower than other metropolitan cities in the country.
Commercial and IT hub
Kochi is witnessing an unprecedented growth in the IT sector and is now hailed as the IT hub of the state. From the Infopark to the SmartCity campuses to the Special Economic Zone, the city is home to a flourishing global technological hub which makes it an ideal investment destination.
Well-developed infrastructure and connectivity
The property market in Kochi is known for its well-developed infrastructure when compared to other cities in the state. This has been influential in bringing in more real estate development which has in turn made the city an investment hotspot. Seamless connectivity through all major forms of transportation like road, rail, air, water and metro rail has also contributed to Kochi’s rise as a real estate favourite.
Kochi is also known for its industry-friendly policies and favourable business environment which assure huge benefits for industries, businesses and start-ups. It has also become an attractive site for multinational companies and corporates to expand their business in South India.
Melonwood Homes is one among the most sought-after choices for premium flats and apartments in Kochi. With projects at strategic locations in the city, Melonwood ensures that a prospective home buyer benefits from all that Kochi has to offer for an impeccable urban living experience.
For more details on the projects, visit - http://www.melonwoodhomes.com/projects