The real estate market in Kochi is experiencing a significant shift in the trends. At the same time the demand is at its peak. Therefore, investing in flats and apartments will serve as a long-term benefit for the investors. There are numerous new apartment projects in Kochi, that are ready to move, as well as under construction. Let us see why apartments in Kochi are a good investment.
Investing in an asset that will give you the best return is a dream for all the investors. If the investors are looking to invest in an asset that act as a source of a passive income, then flats are the best investment option. And Kochi is a metropolitan city where there are lot of opportunities. Confident Heritage is one of the new apartment projects in Kochi that is suitable for home buyers and investors in Kochi. Let us look into the investment opportunities in Kochi.
Kochi is now becoming a tourist hub in the country. There is an excellent fusion between the culture, history and modern world. You can experience past and present culture in the city. From forts to modern malls, the places that the tourist can enjoy their leisure time, always attracts the visitors. Millions of tourists visit Kochi to get a visual treat of the greenlife and backwaters. For instance, tourists can watch and enjoy the beach at Fort Kochi, at the same time there are several buildings and banglaws that have great historical significance. Along with that, Kochi Metro, Lulu Mall, and other attractions are present in this vibrant city. And therefore, Kochi is a great place to settle in. Moreover, the investors can benefit from the growth in tourism in the city.
Investing in real estate in Kochi never dissappoints an investor. The appreciation value of real estate keeps rising year by year. Being the top job hub, home buyers and investors is making lot of investment in the city. The annual appreciation value of real estate witnessed nearly 30% increase last year when compared to the value of 2022. Therefore, Kochi is the perfect spot to invest in. Moreover, road connectivity also tend to move up the price as it reduces the travelling concerns.
The land value always tend to improve day by day. With rising IT companies and other sectors the job market is drastically increasing. And infrastructural facilities makes the living peacefull and hassle-free. These real estate trends result in higher demand for land and properties. As compared to last year, we can see an increase in the price for land in Kochi. Since the facilities and attractions is tailored to increase the investment opportunities, the demand for land is priceless at the moment.
Kochi is a city of celebrations. The unity in diversity allows all the people to enjoy all the festivals and celebrations. People from all over the world will gather in the city to witness and enjoy the festivals and respective events. Festivals include:
UN International Year of Youth termed Cochin Carnival as a unique, secular event. It is one of the main new year event that will start from the evening of 31st until the new year is born. Burning of christmas pappa with fire works and music defies the new year has passed. Fort Kochi Sub Collector, along with more than 90 clubs come together to make the event more memorable and success. The whole day of the 31st is full of events and celebrations. Competitions and fun games happens during the day. And it is followed by cultural events such as songs, dance and music. The event will wrap up on the day of the new year with a rally. Alongside, there will be arts, bands, martial arts, etc. Let look more into some of the events of the carnival:
Therefore, new apartment projects in Kochi focus on attracting customers with these events and festivals.
Kochi Water Metro was launched in the year of 2021. It made Kerala, the first state in India to have a water metro project. Cochin Shipyard Limited manufactures these service boats and all of them are battery powered. It has made the transportation and traveling more convenient and easy. Connecting through various waterways and locations around the city, large number of people are opting for this mode of transportation. Fair prices for ticket is making it cost efficient and budget friendly. The connecting routes include, Vytila to Infopark, High Court to Fort Kochi and Mattancherry, Ernakulam to Moolampilly, Moolampilly to Cheranalloor, Cheranalloor to Varappuzha, EdaKochi to Vypeen, Moolampilly to Njarackal, Moolampilly to Thundamkadavu, Njarackal to Highcourt, and finally, Pizhala to Amritha Hospital.
Buses plays an important role in transportation. Traveling to nearby towns and cities, people are depending on private and public transport. Kerala State Road Transport Corporation (KSRTC), one of the major transportation mode, is opted by most of the people to travel to different locations in and around Kochi. They work with public transport to make the road transportation more easy and convenient.
It is a known fact that Kochi is a place of historical significance. There are lot of evidences of colonial past that is still found in the city. Here is why finding new apartment projects in Kochi helps you to live in a peaceful and rich environment.
The place has a rich history allows the residents to live in a heritage zone. The place is full of remains of the past that the colonial rule left behind. Scenic cafes, palaces, etc, enable the residents to experience rich history. Dutch palaces that are still intact from 16th century and the Jewish Synagogue are the remains of the colonial past. Tourists from different countries visit the place and stay in Kochi due to these factors. In addition homebuyers and apartment builders in Kochi are ready to invest in Kochi and cities nearby.
The center of attraction in Kochi is its backwaters. Rivers, canals, lakes, and other waterways are interconnected. There are numerous beaches that both tourists and other people visit to experience the serene views and food. Fort Kochi Beach where we can see the chinese fishing nets, buildings with historical significance, enables the people to relax and enjoy the views. Moreover, adventures such as Cherai beach water sports are one of the attractions that will help the people to witness stunning maneuvers in water. Along with that, traveling on houseboats and small boats in between the trees and greenery made Kochi more famous.
There are different types of art galleries that showcase contemporary art in and around the world. This art converts the city into a centre of creativity. For example, Kochi-Muziris Biennale, is one of the most famous art event that is present in Kochi. Lots of tourist will be present to view all the forms of art there. In addition to the exhibition of art, different cultural programs are concocted in Kochi-Muziris Biennale. Another attraction is Kerala Folklore Meuseum, that exhibits various ornaments and attires used to perform traditional artforms. This exhibition gives insights on the traditional arts and events performed in the past.
Shops are one of the main attractions in Kochi. There are different types of shops that are rich with antiques and accessories that are used in the past. This antique shop plays an important role in attracting tourists to the city. If you have a craze for antiques, visit Jews Street. Here there are numerous shops selling different antiques. From old furniture to collectables are sold at the shops on Jews Street. You can see a crowd looking for various antiques here on this street.
Overall, the demand for new apartment projects in Kochi is reaching its peak right now. Investing in Kochi is a benefit for both investors and home buyers. Since the city enables people to connect with various attractions, amenities, and workplaces, it is a benefit for potential home buyers to find a home in Kochi. At the same time, as Kochi is becoming a tourist hub and a job hub, investors are keen to invest in the city. Kochi is rich in history and culture and offers many opportunities. Moreover, the combination of history and modern culture has made the city a perfect place to live.
Confident Group has several ongoing projects and ready-to-live-in apartments in the city. Confident Heritage is one of the brand new apartment projects in Kochi, that is becoming the best choice for home seekers in Kochi. Live in Kochi, Live with Confident Group.
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