The rising growth curve of India’s economics is clearly reflected in various sectors of the country. The real estate sector has emerged as one of the most appealing investment areas in the entire country for domestic as well as foreign investors.
The realty industry in Kerala is no different. It has huge potential demand in practically every sector like commercial, residential, retail, industrial, hospitality, healthcare etc. However, maximum growth is ascribed to the residential and commercial sector. The growth can be attributed partly to the booming IT sector, since more than 50% of the new construction is for the IT sector.
The realty industry in the state in particular has contributed greatly to the prosperity and economic growth of the state.
apartments and flats are some of the most sought after residential properties.They are considered as the most profitable business investment property.The growing demand of the currently available residential apartments and flats are greater than the current availability.
There has also been an upward swing on the real estate price values in the recent years. Due to the huge demand and rising prices, investment and speculative interest in real estate is growing while excess money supply, stock market gains and policy changes are adding to the trend in favor of the real estate sector.
The capital value increase of commercial office spaces due to the increase in the demand from IT, ITES and BPO sector across major metros in India has also proportionately increased the value of residential properties. Major Kerala cities like Kochi and Thiruvananthapuram enjoy high residential value.
The realty industry in Kerala is no different. It has huge potential demand in practically every sector like commercial, residential, retail, industrial, hospitality, healthcare etc. However, maximum growth is ascribed to the residential and commercial sector. The growth can be attributed partly to the booming IT sector, since more than 50% of the new construction is for the IT sector.
The realty industry in the state in particular has contributed greatly to the prosperity and economic growth of the state.
apartments and flats are some of the most sought after residential properties.They are considered as the most profitable business investment property.The growing demand of the currently available residential apartments and flats are greater than the current availability.
There has also been an upward swing on the real estate price values in the recent years. Due to the huge demand and rising prices, investment and speculative interest in real estate is growing while excess money supply, stock market gains and policy changes are adding to the trend in favor of the real estate sector.
The capital value increase of commercial office spaces due to the increase in the demand from IT, ITES and BPO sector across major metros in India has also proportionately increased the value of residential properties. Major Kerala cities like Kochi and Thiruvananthapuram enjoy high residential value.