The lifestyle in Cochin is quickly changing owing to urban developments and rise in people’s income. The changing lifestyle of residents has increased the prices for land and housing in Cochin.
The massive development in the real estate segment is being seen over a decade in the metropolitan city. The segment has shown a massive growth, as the top real estate players came up with their new residential projects that cater to salaried and high-net-worth individuals, comprising Non-Resident Indians.
In addition, banks have decreased the interest rates upon home loans. The Pradhan Mantri Awas Yojana (PMAY) scheme has also helped homeseekers to own flats and save up lakhs. These and the better earnings have resulted in a growing demand for apartments from real estate players, such as Trinity Builders Ernakulam, to name one.
Today, there is a massive demand for apartments in Cochin from businessmen and professionals who are moving into this part of Kerala. If you look at high-rise apartment projects in most major parts, you will realize that you have more options to choose from. If you are looking to invest in a ready to move in flat, those in places like Kakkanad offer you a chance to earn a lot by means of rentals.
Since a lot of private companies and corporate giants are here, more and more people come looking for jobs in Kakkanad. That also means increased demand for apartments in the metropolis. If you are a business-minded person, you can take advantage of this.
Given such kinds of business and investment potentials, it is perfect for even people who are not permanent Kochi residents to have a flat here. They also make property value appreciation more likely. The easy accessibility via road, water, standard rail, and air transportation channels makes it one of the most preferred cities to live in.
The skyline Kochi Metro means that most places in the city are easy to reach than what used to be the case a few years ago. You can easily reach a lot of the areas here without getting trapped in annoying traffic blocks. Besides, it is beneficial to have a house in the city that is in close proximity to the best hospitals, business centers, shopping malls, educational institutes, as well as airport.
If you are planning to buy state-of-the-art flats in Aluva too, Trinity Builders and Developers is one of your best options. Although the satellite town is in the outskirts, it is still very much a part of the Cochin administration.