Kochi is likely to be the first metropolitan city in ‘Gods’ own country’. The development, mainly in its infrastructure and IT industry are the main reasons for this perception. Many job opportunities have been created as a result of the emergence and growth of IT industry in the city. People from different places have started to come and reside in the city, as a result of which the demand for apartments in kochi has increased rapidly.
People prefer ready to occupy apartments since much time and effort is saved. Moreover, buying land and constructing homes can be much costlier than purchasing these homes from the builders in Kochi. Variety of homes is available in the city, at different costs. Each builder tries to bring novelty in the design, architecture and interiors of each of his ventures. Both luxury and premium apartments have their demand in the market. Some of the builders try to make the traditional designs reflect in the architecture of the apartments. Such a trend has been successful in Kochi, as many persuaded by the traditional grandeur, are buying such homes. People show great interest in buying these, because they include all the most modern facilities and amenities, in spite of the traditional design.
Apartment sharing is practiced by many in the city, in order to cut down individual expenses. Buying these homes in the city is also a means of investment for many. Since the real estate sector in the city is flourishing significantly, investment returns are sure.