3 Reasons to Invest in Kochi
Kochi, the commercial capital of Kerala, is
among the top Tier II cities followed by Vadodara, Nasik, Goa and Coimbatore. The port city is garnering attention from various IT businesses
looking to expand their operations. Investment in real estate, especially apartments,
flats has great potential for growth in this port city considering that IT and
industrial sector is picking up.
Here are the top reasons why Kochi is a good bet for realty
investment:
1.
Low prices
Property rates in the city are much lower compared
to established realty destinations such as Mumbai and Delhi. The built-up
prices in Kochi are very reasonable and much lower than other cities. Some
developers have been offering heavy discounts in order to maintain cash flow
which has been impacted by the decline in NRI investment. This gives potential
buyers a great opportunity to grab quality properties at attractive prices.
2.
Social infrastructure
Kochi is a great place to live. The pollution levels
in the city are comparatively low. Crime rates are much lower than Tier I
cities which makes Kochi a great choice for the retirees or elderly to settle
down. Kochi is one of the best option for prospective owners wanting to buy a
second or vacation home.
3.
Hospitality sector
Kochi offers a melting pot of cultures and is a
popular destination among tourists looking to explore Kerala’s backwaters. Tourism
can be a big income generator in Kochi and hence, investment in hotels, service
apartments, resorts etc. can also give good returns to investors.
Melonwood Homes, one of the leading builders of premium apartments in Kochi embraces multiple commercial and residential projects across the state that are rated superior in terms of quality and comfort. The top builders in Kochi presents 2,3,4 & 5 BHK quality residential projects, flats in Cochin at affordable prices.
To Know More http://www.melonwoodhomes.com/
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