The Best Real Estate Hotspots In Kochi
10 Jun 2018
Kochi, the Queen of Arabian Sea is an emerging metropolitan city that ranks 6th in the Top 20 Smart Cities list. The growth drivers for the city’s development includes the ambitious Smart City project, presence of a robust IT hub, port development and Metro rail connectivity to name a few. Also a favourite tourist destination for domestic as well as international travellers alike, the city enjoys being at one of the top spots in the most preferred travel destinations in the country. All these potentials has transformed Kochi into a real estate hotspot.
Here are the most preferred neighbourhoods in the city that are expected to offer the best in real estate investment.
Kakkanad is witnessing a steady growth in its infrastructure development due to the presence of a robust IT hub that has made the city a next destination for corporates and MNCs. SmartCity and special economic zones have transformed the neighbourhood to a busy hub and the real estate demand in the area has been soaring like never before as both techies and natives are being positive to the investment happening there.
Now known as the heart of the city, Edapally is one of the most developing areas in Kochi with huge infrastructures. And with the opening of Lulu mall, the largest mall in India at its intersection, Edappally is enjoying an unprecedented growth rate since the last 5 years. The inception of Kochi Metro Rail last year has also helped establish Edappally as a major commercial hub in the city.
The 7 km bypass running from Edappally to Vyttila is a favourite real estate hotspot being a popular stretch that connects Edappally, Kakkanad, Palarivattom and Vyttila, which are the main centres in Kochi for residential as well as commercial purposes.
Kaloor, a major downtown region in the city is yet another transportation hub after Vyttila for connectivity to all of Kochi. The area is also at the intersection of Banerji road and Kaloor-Kadavantra road which are among the busiest routes in downtown Kochi. Most of the reputed builders offer quality residential projects near Kaloor in Kathrikadavu and Kadavanthra due to accessibility.
The calm and quiet neighbourhood in the heart of the city, Panampally nagar is a central hub of Kochi with many business establishments like boutiques, spas and cafes. It’s also an ideal spot to stay because of lush ambiance and scenic backdrops. The location is also famous for being the residential choice of many celebrities.
For more details on the project, visit - http://www.melonwoodhomes.com/project/melonwood-greens