Cochin has now emerged as the ‘Gateway city of Kerala’ when considering the presence of the numerous export houses and the volume of business done by them. Known world wide as the ‘Queen of the Arabian Sea’, this picturesque destination has earned its pride of place in the international tourism map as a clean, green city. The real estate in this most happening city has now started appreciating like never before.
In Cochin Property prices in the vicinity of the International airport started appreciating with the announcement of the airport project years ago. Most of the real estate developers brought huge chunks of landed areas in the vicinity of the airport. Land prices continuously appreciated and now it is fast nearing the land values in other up market areas. The congestion in the cities has forced the city limits to stretch to wider areas and now more suburban areas have been incorporated in to the Cochin development authority’s purview.
A main reason that made Cochin a preferred destination for overseas investors is that the average temperature in this city always hovers in between 22 to 35 °C. Several major tourism projects are in the pipeline and some of the major hotel groups have already started their operations anticipating the phenomenal demand for hotel rooms and other conference halls due to the phenomenal increase in business start-ups.
Apartments in the vicinity of the International airport now fetches higher prices due to the mega projects that are going to come up in the near future. For the people living in the vicinity of the airport, the appreciation in land prices has helped to reap major gains because through selling land, they are able to earn unbelievably higher costs.
In Cochin Property prices in the vicinity of the International airport started appreciating with the announcement of the airport project years ago. Most of the real estate developers brought huge chunks of landed areas in the vicinity of the airport. Land prices continuously appreciated and now it is fast nearing the land values in other up market areas. The congestion in the cities has forced the city limits to stretch to wider areas and now more suburban areas have been incorporated in to the Cochin development authority’s purview.
A main reason that made Cochin a preferred destination for overseas investors is that the average temperature in this city always hovers in between 22 to 35 °C. Several major tourism projects are in the pipeline and some of the major hotel groups have already started their operations anticipating the phenomenal demand for hotel rooms and other conference halls due to the phenomenal increase in business start-ups.
Apartments in the vicinity of the International airport now fetches higher prices due to the mega projects that are going to come up in the near future. For the people living in the vicinity of the airport, the appreciation in land prices has helped to reap major gains because through selling land, they are able to earn unbelievably higher costs.