Development of Kochi as a realty hotspot

Q: Hi, Recently I heard about investing in Kochi and needed to know if it is a good time to invest in the real estate of Kochi? Anyone please give their views about investing in Kochi.

Krishnan Nair, Kochi

10th February 2015

Real estate News in Kochi

kochi real estate

kochi apartments

kochi residential projects

kochi development

kochi growth

kochi investments

kochi realty update

kochi builders and developers

kochi foreign investment

kochi domestic investment

kochi it parks

Follow Discussion

Also see discussions for

Kochi Real estate News Real estate News in Kochi

Replies (13)

Even though there is a good leap, I am of the opinion that the supply is still grossly inadequate when compared to the potential demand. For example, Kakkanad is the city's IT destination, there will be huge job in the coming years. But the supply by all the builders together would be just 10000 to 12000 apartments.

Nathan Saldanha, Kochi

25th February 2015

Comment

I think that Kochi is making a very good leap in the real estate sector. One of the reasons that I see is that the commissioning of Vallarpadam International Container terminal as well as the many IT parks such as Infopark, Smart City and all will make Kochi a preferred destinatioin for high-paid executives.

Vijaykrishna Nayar, Kochi

24th February 2015

Comment

you know, the major developers called the DLF also has made some investment in this area. They have purchased around 3.78 acres in Kochi from the state government for Rs. 78 crore. It is planning to build a shopping mall, a multiplex and a 250 room deluxe hotel in Kochi.

Austen D'silva, Kochi

22nd February 2015

Comment

One of the reason according to me for the rise of the realty in Kochi was that before a decade, real estate in cities like Bangalore and Chennai began and before bigger players could come in, the price had already peaked. That is when they started spotting Kochi. This is why, many big players are coming to kochi.

Rajesh Menon, Kochi

20th February 2015

Comment

Hey, Shobha Developers is setting up the largest township in Maradu, Kochi called the Shobha Hitech City. I think that Maradu has a high potential as it is a suburb of Kochi with commercial projects, 5 star hotels, shopping malls, and IT projects. The total investment in the project is estimated at around Rs. 5,000 crores.

Robert Almeida, Kochi

20th February 2015

Comment

Did you know that recently the HDIL purchased one 70 acre plot from the government-owned HMT and announced a plan to set up an IT park at kalamassery in Kochi. The plan is to set up a cybercity in the HMT land and will have IT space, hospitality, retail, and entertainment projects as well.

Rajesh Menon, Kochi

17th February 2015

Comment

Exactly… Now what is happening is that property development and all the real estate activities have actually even overshadowed the state's booming tourism sector also..I think earlier the tourism was even more popular than the real estate sector in Kochi. Investor-friendly nature of Kochi in the recent times is the reason for the realty growth in Kochi.

Simon Benedict, Kochi

15th February 2015

Comment

Recently in the news, there was some good price appreciation here. The property prices in Kochi have appreciated by around 60% in 2007. I think that there are more than 6 or 7 property developers have announced their plans to enter in the real estate of Kochi. I have heard that many of them have already bought big chunks of land here.

Allen George, Kochi

14th February 2015

Comment

I would like to mention that there were many middle east. Some of the prominent among the middle east based business groups that have invested in Kochi are the KGA Group of Kuwait, EMKE Group of Abu Dhabi, as well as Indroyal. I think that some of them are also investing in the hospitality sector to set up luxury hotels chains.

Deepak Shetty, Kochi

13th February 2015

Comment

Hey, true that…I should say that all these developments in the financial as well as the Industrial capital of Kerala has all happened in a rapid pace in the past 6-8 months especially with a cumulative investment of over 2.5 billion dollars.

Krishna gowda, Kochi

12th February 2015

Comment

Yeah..you can see that there are some leading real estate developers like DLF, Sobha Developers, Ansals, Purvankara, Confident Group, Oceanus, Unitech, Nitesh Estates, Housing Development and Infrastructure (HDIL), Prestige Group, Emaar MGF as well as Parsvanath Developers etc have already invested in a lot of projects in Kochi.

Krishna gowda, Kochi

11th February 2015

Comment

Ganesh Nambiar, Kochi

11th February 2015

Comment

hey, I am from Kochi and I want to tell you that Kochi is really becoming a realty hotspot as you have suggested. Many real estate giants are attracted to this city now. There has been some very good domestic property developers as well as many foreign companies.

Aadesh Chacko, Kochi

10th February 2015

Comment