No matter what you say, Kochi is the only city in Kerala that will soon become one of the metro cities in India. Thanks to the developments happening in areas such as IT, transportation and various industrial sectors, Kochi is further on its way to becoming the most sought-after city for realtors.
Though it might seem logical for all who have seen the growth of Kochi to think that it is a natural progression, there are several elements contributing towards the same.
Let us now take a look at them.
Growing infrastructure developments
One of the most important aspects that decide the growth of any city is the commutable roads. Though Kochi has often been ridiculed for its congesting traffic, the scene has been constantly changing. With the project of metro rail, Kochi looks to address this issue quite effectively. With major transportation development soon to realize, Kochi aims to improve its already established goodwill among various realtors.
Preferred city for people to migrate
Kochi, by the very nature of its strategic placement towards the heart of Kerala which lies as a long stretch along the shores of the Sea of Arabia, is an easy place for people to get to. This makes it easy for people to come and settle in Kochi from around Kerala and it naturally increases the population and the space needed for people to live in. This demand is essential for realtors to invest more to meet the increasing living-space requirements of the people.
The lure of increasing job prospects
Kochi is also the most attractive location for job seekers in Kerala. With Infopark and the proposed Smart City along with several private and governmental organizations, there is plenty of job offers for people wanting to make it big in their careers. It must also be kept in mind that Kochi is not a job market just for the people in Kerala alone, but it is equally important for job seekers from neighbouring states like Tamil Nadu and Karnataka along with people from North India.
Tourism and its prospects
Kochi is a well-blessed tourism spot of Kerala. The international airport at Kochi is perhaps the most essential element as it is easy for people to get to most sought-after places like Munnar, Kumarakom and Alleppey quite easily from Kochi airport. Contributing heavily to the tourism industry of Kerala, the cultural heritage of Kochi, that cannot be seen anywhere else in Kerala, is an element attracting great interests from travellers across the world.
All of these factors contribute to the high-value nature of Kochi as the most preferred real estate city for everyone. The comprehensive growth of the city and the earning potential of the people in Kochi have incredibly increased the appeal for better real investment opportunities. Further, anyone to get higher returns on their real estate investment, they must invest in Kochi as the demand for land is only going up day by day.