Top localities to buy a property in Kochi for the year 2015

Q: Hello there..Can anyone give some comprehensive information about the which all places in kochi are good for buying a property. I need knowledge about both the places good for commercial markets as well as residential markets.

Ayesha Bibi, Kochi

28th January 2015

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Replies (16)

I will suggest you to visit Marina One apartments near Marine Drive, Kochi. Marina One is a new launch Luxury waterfront apartment located at Marine Drive, Kochi, by two reputed and most popular builders Sobha Limited and Puravankara Group.

Jitender Sharma, Kochi

10th July 2017

Comment

Oh..that's nice observation here..but, i really dont understand why the markets which had approximately 60% to 70% of the investor's participation, especially from the NRI's who have settled in the Middle East Countries and western countries, Now are seeing a dip in the tune of 15% to 20% during just the last 2 years...

Austen D'silva, Kochi

11th February 2015

Comment

hmm..intresting..Lemme add some more info to this..one of my friends who is into real estate business said to me his experience. I could understand that due to a delay in the completion of projects, the buyers in the kochi real estate market are more cautious while purchasing properties. So, if you are planning to buy an apartment or something, you should be careful, that the project might not go on delay. But, for other types of properties, it is a right time to buy, in my opinion.

Mary Rozario, Kochi

10th February 2015

Comment

DO NOT BLOCK YOUR MONEY BY INVESTING FLATS
If you planning to buy a flat you must check credibility of the builder and their project history before your investment. If possible talking to few previous customers who bought their flat will give you a good opinion of their experience with that builder. Once you book a flat without much reviews you may be trapped to get your money back and may lose your hard-earned money. There are many builders around they make their flats in low quality building, project money they gets they roll to another property and delay your project. There are many investors, especially NRI’s who trapped and going enormous stressful time because of wrong choice they made as part of investment. So I request all investors to wait until you fully convinced that your investment will not go in vain.

scmjoseph,

31st August 2017

What he said is true. The region towards the international airport at Nedumbassery is also seeing a slow development. Only the biggies in the Realty markets are attracting investments. others are not finding any investments. The same is true for the other sub urban micromarkets such as Kaloor, Palarivattom, Edapally, Vytilla, Panampilly Nagar, and Kadavanthra regions also. They are also witnessing limited development only.

Abraham D'souza, Kochi

8th February 2015

Comment

But, you know...i seriously doubt it...over the years a number of builders invested in the micromarkets, hoping to attract some NRI Investment. But, you know what,,the situation was not so favourable and they have not yet received the desired response. Most of these housing projects are facing a delay now..

Abraham D'souza, Kochi

7th February 2015

Comment

hey, we need a comprehensive debate about this matter, no...i was always thinking that the Kakkanad region is the best place to invest right now. Smart city project as well as the micro market that was discussed earlier have improved the real estate activity. I think resolving the roadblocks to these projects like smart city kochi as well as kochi metro rail project etc have changed the circumstances.

Vijaykrishna Nayar, Kochi

6th February 2015

Comment

Yeah.,.that is a true situation. Now, is the best time to invest in the commercial markets of Kochi. Even though the some premium housing projects are feeling a dip in the absorbtion level, you can see another trend in the commercial sector. There we see a rising trend - a pile-up of inventory to the micro markets of the Marine Drive and Kakkanad area can be seen here.

Kunal Pillai, Kochi

5th February 2015

Comment

Friend, what you said is true. But, one thing we should not overlook in these areas like the Marine Drive and Kakkanad regions are that whether there is an oversupply in the Kochi market. But this situation can be turned into an advantage for the investors, as we can be hopeful that this situation would change and the investment, especially the FDI's are expected to flow to kochi area.

Rajiv Unnithan, Kochi

3rd February 2015

Comment

Guys, I heard that the Kochi real estate market is witnessing a dip in the sales due to the poor investor sentiment. I think that the market of Kochi is slowly turning into a need based market. The end users purchase the properties that are within their budget. so for this most of the above told areas are witnessing a dip in the absorbtion level. I am not sure how it would affect the realty in the near future.

Nathan Saldanha, Kochi

2nd February 2015

Comment

You know, the areas near to the DMRC stations like Aluva, Pullinchodu, Companypady, Ambattukavu, Muttom, Apollo tyres, Kalamassery, Pathadi Palam, Edapally Junction, Palarivattom, Kaloor, Madhav Pharmacy, Maharaja College area, Ernakulam South, Vytilla, Thykoodam, Petta etc is already seeing a steep rise in the real estate markets. I think, for investment and all, these areas are apparently the best areas that I see in Kochi.

Suneel Chakyar, Kochi

1st February 2015

Comment

oh..good one..very relevant when you take into account the benefits to these areas. I think the commercial markets will be getting a boom in this area. Of course there would be developments in the residential markets, especially, major apartment projects like Skyline and Confident Group are eyeing a lot more areas that are near to these proposed metro stations.

Suneel Chakyar, Kochi

31st January 2015

Comment

very true..you know, i also think the same..the areas near to the Smart city can be considered as the best place to buy a property. When it would be completed, Smart City Kochi would be one of the largest IT parks in India itself. Kakkanad area should be in your scanner first, if you are looking for such an area.

Krishna Abhijath, Kochi

31st January 2015

Comment

Hey guys, the area near to the proposed smart city is a wise option for you. I think this will be helpful for you in generating more income as well. If you are into IT or ITES related fields, then there is a benefit in the job prospects also.

Vivek Varrier, Kochi

30th January 2015

Comment

I think that chosing a place to live in Kochi for a first time property buyer can be a tough job - out of many things that you check, one thing is the convenience. You can find which place is more convenient for your everyday duties as well as works. According to this you can search some hot localities in kochi to buy your property.

Ashwini Eradi, Kochi

30th January 2015

Comment

yeah, exactly.,when you are talking about the best areas to buy a property in Kochi, I would like to mention some of the current metropolitan areas in Kochi. This includes the mainland Ernakulam, Fort Kochi, the suburbs of Edapally, Kalamassery, and Kakkanad to the north west. Tripunithura and a group of Islands near to the vembanattu lake are some of the good areas to invest in Kochi area.

Vikesh Vaidyar, Kochi

29th January 2015

Comment

Yeah sure dude..I have some knowledge about some of the places that you can buy a property. If it is for your curiosity, I want to inform you that areas under the cochin corporation are definitely what you are looking for. Other than this, you can also select some of the good surrounding municipalities like Thrippunithura, Thrikkakkara, Aluva, Kalamassery, Maradu, Eloor, North Paravoor, Angamaly, and Perumbavoor.

Arjun Sridhar, Kochi

28th January 2015

Comment

Hey guys, what about the areas which are near to the Kochi Metro. I have heard that the metro project will cover areas from Alwaye to petta..Will this be helpful for the areas near to the metro station. Which type of property will benefit in this area: commercial market or the residential market?

Naresh Valiathan, Kochi

28th January 2015