Cochin Real Estate
Cochin is also recognized as Kochi; a beautiful city located on the southwestern coast of India. This city is situated in the God’s country of Kerala with stunning scenery of the Arabian Sea, coconut groves and beautiful boats. The city of Cochin is also identified as “Gateway to Kerala” and is often referred to as “Queen of the Arabian Sea”. Compared to other Indian tourist spots, Cochin is quiet and clean. June to September is the rainy season and the average temperature is around 22-34C. It is the fastest growing city and the real estate market in Cochin is booming today, flats near Cochin International Airport start from 2.50 lakhs, there are up to 4 star hotels, beautiful villas and not to mention Panchakarma therapy centers. These might be the best of the few reasons to own property in Cochin! In fact, for most people today, wealth remains in land and construction. And with the development of private real estate ownership, it has become a major commercial area for many.
When you explore further, you can find large luxury apartments, parcels for residential and commercial uses, estates, waterfront and lakefront properties, and beautiful country homes. Cochin’s residential market is appreciating by 15-20 per cent per year, driven mainly by the boom in outsourcing and this trend is likely to continue for years to come. Many commercial and residential properties in Cochin have been greatly developed and are still under development. In recent times, new IT and other companies are establishing their bases in Cochin and require residential and commercial spaces for their employees. Property investment in Cochin is now an attractive investment opportunity. New apartment units in Cochin are expected to reach around 100,000 in the next few years, thus this has encouraged many property developers across India to launch their projects in Cochin.
India’s growth story is primarily associated with the metropolitan real estate sector and Cochin’s real estate sector has contributed a lot to the economy. The story has now established itself and finally captured the minds of the rest of the world as well. The flow of money from Cochin real estate has led developers to become more organized and more visible. Not only Indians but Cochin real estate has also attracted many foreigners to invest. However, buying a property is a big step for anyone and it should be as safe as possible. You can check out some of the online property investment resources to get the best property price in Cochin. There are still several ways to find the best real estate at an affordable price. The most convenient is to opt for city mortgage loans. You can make cash into your account with Cochin real estate, even if you are unable to pay the full amount, go for city home loans as it is the best financing option. The time of expansion that Cochin is going through these days has also placed the city among the places with the highest real estate potential.