Kochi

Living in apartments has become a popular option in Kochi, particularly amongst the higher-income group. Owning a house is no longer a universal dream with the initiative by several builders and developers.. These days people prefer apartments and flats to houses because of the convenience associated with the apartments. Apartments ensure proper maintenance, security, uninterrupted supply of power and water.

The various benefits that apartments offer to a community are helping to reduce sprawl, conserve resources, preserve green space and reduce demand on public resources. Kochi is developing exponentially and so is the demand and price arising. Residential property in Kochi is in great demand especially after the latest Investment trends in Kochi. Real estate investment has become very popular after the advent of luxury apartments.

Kochi is the one of the largest industrial belts in Kerala, with more than 200 industries manufacturing a range of products. Some of the industries operation in Kochi for years include- Ship Building, Handicrafts, Petrochemical, Refining, Spice Trading, Gold and Textile, Retailing Information Technology (IT), Tourism, Health Services, Fishing Industry and Seafood Exports.

Exports and allied activities are the most important contributors to the city's economy. Kochi city is a major exporter of spices and is home to the International Pepper Exchange, where black pepper is globally traded. There is a great demand for industrial property to strengthen the position of Kochi as a leading exporter.

Government of Kerala is planning to set up a Fashion City in Kochi. This project will have a turnover of crores and will be offering employment to thousands of people. This unit will also house a garment technology and fashion technology engineering college as per the proposal.

No other city in India is as adequately connected to the outside world through sea, air and road as Kochi. It is one of the main centers in India, for information technology (IT) and software related activities Different institutions, both government and private, are investing in the IT/Business parks in Kochi.

It has continued its evolution as specialized real estate sectors, attracting distinct corporate space users in the city. Kochi is witnessing good growth in the commercial sector especially in the areas including- Banerjee Road, Chittor Road, Kadavanthra, Kaloor-Palarivottam Road, M.G.Road, Valanjamalam and Vytilla .

Kochi is next only to Mumbai in terms of growth. It specializes in public sector undertakings and agro-based commodity promotion boards. It has excellent commercial, hospitals, hotels, schools, banking and food facilities.