Just like other bigger and smaller cities in India, Kochi is now going through the period of booming growth in real estate, infrastructure and technology areas. And one of the industries that helps to boost the market is IT, together with retail and commercial structures.
For the couple last years the values for the residential property has raised for about 12-15%, while the property for rent became about 25% more expensive. While having the biggest number of property transactions (such as buying or renting), areas such as Kakkanad, Airport Road, Vytilla, Aluva, and Kadavanthra are showing the highest numbers for both demand and offer, with a great amount of new projects planned in these areas. Add here a well-developed social infrastructure and transport connections and this will result in the most popular and preferable areas to live in.
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