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Kochi strikes gold with its sudden growth in Realty!

February 12, 2018 | Admin

Kochi strikes gold with its sudden growth in Realty!

Kochi is a major port city on the south-west coast of India nearby the Laccadive Sea. It is a fragment of the district of Ernakulam in the state of Kerala. The city has a corporation limit the population of 612,343, and a cosmopolitan population of 2.1 million, making it the main urban agglomeration in Kerala. Kochi city is also part of the Greater Cochin region and is classified as a Tier-II city by the Government of India. The civic body that governs the city is the Kochi Municipal Corporation, which was established in the year 1967, and the statutory bodies that control its development are the Greater Cochin Development Authority (GCDA) and the Goshree Islands Development Authority.

Marine Drive: The lifeline of the city of Kochi

Marine Drive is an attractive and scenic promenade in Kochi which faces towards the backwoods of Kochi. It's one of the illustrious must-visit places for tourists and the local population. It's 140 m walkway that stretches from the Jankar Jetty (north) to the Ernakulam Boat Jetty (South). It is positioned along the advantage of backwaters that begins behind the Children's Park ending at the Shanmugham Road. It is textured with black-dotted, red-carpet ultra-tiles. Cast-ironed, Wooden benches, weather-proof seating on ash grey tiles offers the greatest relaxation.

The glorious road ahead for Kochi

Kochi on the south-west coast of the Indian peninsula was the location of the first European colonial clearing in India in 1503 by the Portuguese. Dutch, as well as the British both, had colonised Kochi. Some of that regal heritage still resides on in its buildings.

Today, Kochi is an emergent centre for tourism, information technology, and international trade. All of these factors have accelerated the demand for more office space, accommodation, retail space as well as hospitality services. The city is seeing many innovative developments. A fresh ring road, a coastal highway and the new airport-seaport road are several of the developments that Srinivas Anikipatti, regional director, Colliers International communicated.

One can only hope that developers will not turn parts of Kochi into replicas of Gurgaon, what with all these malls and apartment complexes being developed in the city.

Kochi is in a great dearth of 50,000 apartments in the coming 2-3 years. Properties like Sobha Developers, Prestige Group, Puravankara Projects, Emaar-MGF and Brigade Group. Apart from this, there are several local players like Skyline Builders, Abad, JCB Estates, Mather, Great India Estates. Sahara Infrastructure & Housing and Unitech have both developed land in the city.

Purva Oceana: Boosting Kochi’s real estate Industry!

Puravankara Purva Oceana is the perfect residence for you. The real-estate project in Kerala offers the residents the impeccable blend of sophisticated comfort and lifestyle. People have always loved to have homes near the beaches. Well, this residential complex renders all you need. Away from the noise, pollution, and crowd in the cities and live your life in the way you want. The prices of apartments in the residential complex are growing, chiefly due to the numerous advantages that the location offers to the people. The residents indeed will enjoy the jogging track. The lobbies are graceful and boom the promises of an exclusive lifestyle. 

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