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Old 01-20-2010
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Default Builders and developers attracted to Kochi

The current developments in Kochi can be directly attributed to the thrust from NRI remittances and the tourism sector. Constrained by severe land shortage, Kochi city is spilling over to the neighboring towns and villages, where land prices have proportionately risen. Neighborhood areas like Edappally and Tripunithura have appreciated 8 times and more in the recent past. Once considered as too far off from the city places like Aluva are considered part of the city and have likewise gone up in property value.

Satellite towns around Kochi city are being assimilated as better connectivity gives them easy access to the IT locations within the city. The recent trend has been for the NRIs to bring in their dollars into luxury projects hiking property prices. With international companies, relocating to the city the realty prices will continue to zoom upwards.

The rising demand for residential flats and the restrictions on available space have forced the builders to focus on building high-rise apartments in Kochi. With changing customer profile and tastes, local builders offer premium lifestyle add-ons like health clubs and swimming pools. Prospective Kochi flat owners prefer these high-rise homes for the security and convenience they offer.

Many builders and developers have been attracted to Kochi to invest here. They have bought in their expertise and the knowledge of the globetrotting client to build flats and apartments that compare to international standards.

Kochi being a prominent hub for the real estate market, we have several top notch builders in the state; Jairaj Builders being one of them.
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