{"id":23791,"date":"2024-07-19T16:39:12","date_gmt":"2024-07-19T11:09:12","guid":{"rendered":"https:\/\/homeskart.com\/blog\/understanding-the-real-estate-market-in-kochi-kochi-real-estate\/"},"modified":"2024-07-19T17:09:51","modified_gmt":"2024-07-19T11:39:51","slug":"understanding-the-real-estate-market-in-kochi-kochi-real-estate","status":"publish","type":"post","link":"https:\/\/homeskart.com\/blog\/understanding-the-real-estate-market-in-kochi-kochi-real-estate\/","title":{"rendered":"Understanding the Real Estate Market in Kochi, Kochi Real Estate"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Kochi is the Queen of the Arabian Sea for its natural beauty, scenic views and rich cultural heritage. It is a top choice for domestic and international tourists and has been ranked sixth among the top tourist destinations in India by Nielsen. According to the McKinsey Global Institute, Kochi is one of the top 28 Indian cities that will be part of the 440 global cities that will account for 50% of the world&#8217;s GDP by 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>basic <a href=\"https:\/\/homeskart.com\/blog\/mumbai-micro-markets-redefining-real-estate-market\/\">infrastructure<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Kochi has been selected as one of the 20 smart cities through a competitive selection process by the Ministry of Urban <a href=\"https:\/\/homeskart.com\/blog\/indiabulls-real-estate-to-raise-rs-3911-cr-from-blackstone-group-others\/\">Development<\/a>, Government of India. This means that special attention will be given to planned and improved infrastructure development in the city. The focus will be on e-governance, water management, power supply, sanitation, solid waste management, efficient urban transport and IT.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Connectivity<\/strong>,<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The city is well connected to the rest of the country and the world by air, road and rail. Domestic and international airports, state and national highways pass through it, and railways provide access to all major centers and cities in the state and country. The network of roads in the city is the main mode of transport movement within the city.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>economy<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Kochi Refinery, Kochi Shipping Yard, Eloor Industrial Estate, Kakkanad Technological Cluster and Special Economic Zone are the major centers of industrial activity in the region. These sectors are responsible for major <a href=\"https:\/\/homeskart.com\/blog\/the-societal-shift-luxury-real-estate-boom-in-india\/\">economic growth<\/a> in the city and represent over 450 IT companies and 250 companies from other industries. These developments boost the demand for housing and commercial real estate and it is projected to continue to grow in the future.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Real estate scenario<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There are many reasons why flats for sale in Kochi are preferred. This city is considered one of the safest cities to live in India. The booming IT industry is attracting many professionals to migrate to the city as living in Kochi is affordable. These factors are responsible for the rapid growth of the real estate sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Builders in Kochi are developing residential and commercial real estate to meet the growing demand. From <a href=\"https:\/\/homeskart.com\/blog\/mumbai-micro-markets-redefining-real-estate-market\/\">budget<\/a> to luxury apartments, independent houses, and villas in Kochi, home buyers and investors have a wide range of options offered by leading developers. Most ready-to-move-in flats in Kochi have the best <a href=\"https:\/\/homeskart.com\/blog\/mumbai-micro-markets-redefining-real-estate-market\/\">amenities<\/a> and facilities meeting international standards. 2 and 3 BHK flats in Kochi are the preferred configurations by home buyers and investors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The price of residential homes ranges from \u20b92000 to \u20b99000 per sq ft depending on the locality and type of projects. Some of the major locations are Kakkanad, Edappally, Kaloor, Thevara, Aluva, Panampilly Nagar, etc. Kochi is a major hub for real estate and is set for growth in the coming years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kochi is the Queen of the Arabian Sea for its natural beauty, scenic views and rich cultural heritage. It is a top choice for domestic and international tourists and has been ranked sixth among the top tourist destinations in India by Nielsen. According to the McKinsey Global Institute, Kochi is one of the top 28 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[603],"tags":[],"class_list":["post-23791","post","type-post","status-publish","format-standard","hentry","category-property"],"_links":{"self":[{"href":"https:\/\/homeskart.com\/blog\/wp-json\/wp\/v2\/posts\/23791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/homeskart.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/homeskart.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/homeskart.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/homeskart.com\/blog\/wp-json\/wp\/v2\/comments?post=23791"}],"version-history":[{"count":0,"href":"https:\/\/homeskart.com\/blog\/wp-json\/wp\/v2\/posts\/23791\/revisions"}],"wp:attachment":[{"href":"https:\/\/homeskart.com\/blog\/wp-json\/wp\/v2\/media?parent=23791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/homeskart.com\/blog\/wp-json\/wp\/v2\/categories?post=23791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/homeskart.com\/blog\/wp-json\/wp\/v2\/tags?post=23791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}