Kochi is the commercial capital of Kerala. It is considered to be the second most important city on the western coast of India. Kochi is widely popular as the ‘Queen of the Arabian Sea’ and is located in centrally in Kerala. This city is set on a cluster of islands amidst beautiful landscapes and exotic beaches.
Cochin provides all the world-class facilities of a big convenience city from good-looking residential and commercial setups to speedy medical and banking amenities to high standard hotels, education and food facilities. Beginning to rank among the important IT centers, Kochi property market is witnessing a boom in its real estate sector. Kochi is a luxurious but reasonable real estate.
The location of Cochin on transnational trade corridor also makes for a positive part in boosting its real estate market. Also, there are many infrastructural developments taking place across the region such as Metro Rail project, New Bus Terminal, The LNG Terminal, Port-based Special Economic Zones, up gradation of city traffic system and various others.
The port city of Kerala, Cochin has been ranked as the second potential city for investments in IT sector by NASSCOM. Kochi is a luxurious but reasonable real estate.
The residential sector of Kochi is developing due to high demands from NRIs and property investors. Almost 2 million NRIs living abroad are making huge investments in the residential spaces of Cochin encouraging the trend of luxury and deluxe apartments. The high living standards and the corresponding demand for luxurious property in Kochi are possible due to various reasons:
•   The ongoing expansion of MNCs, IT Parks and Indian corporate.
•   Long term investments from NRIs into real estate projects.
•   Rising disposable incomes of the middle class.
•   Affordable properties available quite easily.
The administration is also approaching to offer basic infrastructure facilities like power, international bandwidth and urban transportation to the investors. DLF City, Prestige Group, Sahara Builders, Great India Estates, Skyline Foundation, Emaar-MGF ,Puravankara Projects, Sobha Developers, Brigade Group Anzera Properties are some of the builders who have established their projects in the city to make the city’s real estate luxurious but reasonable.