Article Sphere Logo
Real Estate Article

Real Estate in Kochi, the Queen of the Arabian Sea

By Expert Author: Deepika B
Word Count: 600 words | Views: 601 view(s)
Kochi, an important sea port of the country and commercial capital of Kerala, is an upcoming property destination. Formerly called Cochin, it is the second largest city of the state after Thiruvanathapuram, the capital city. The rapid urbanization is boosting real estate in Kochi attracting people from across the country and even outside to pump money in the sector.

As is known worldwide, Kerala exhibits breathtaking beauty and makes for the most desirable place to live in India. A popular tourist hub, it receives large number of footfalls from both domestic and international tourists. Kochi extends a perfect belend of historicity and modernity with a number of old churches, palaces, forts, museums, etc. coupled with world class structures, luxury homes and business complexes. And this is not it- beaches, backwaters, snake boat races, Kathakali and other such attractions add charm to the city. Undoubtedly, Kochi real estate holds vast scope for expansion and development especially across its commercial sector. This is why many property developers are looking at exploring commercial property market of the city.

With government aiming at boosting its preference as a tourist destination coupled with growing demand for property in Kochi, various realty projects have been launched. Some of the leading builders are coming forward to construct property in one of the most important cities on Western Coast of India. The demand for quality housing in the city has risen with buyers willing to shell out more money for convenience, security and world class living. Real estate in Kochi is further supported by the rapidly developing infrastructure of the city- the airports; the railway junctions; the terminals- for bus, LNG, international container transshipment (ICTT) and international cruise; the Special Economic Zones (SEZ); etc. The work is also done on up-gradation of traffic system, creating port based SEZs, metro rail, so on and so forth.

With such massive developments in the cityscape, property prices are bound to double or treble up. On taking a quick look at rates of property in Kochi, West and North zones of the city come out to be more expensive than others.

- The capital value of apartments in Kochi in July 2010 falls in the range of `1,600 to `3,000 per square feet. It goes as high as `3,300 and `3,800 per sq. ft. in North and West of the city respectively.

- The cost of the plots in the city ranges between `75,000 to `12,00,000 per square yard. It varies in North from `75,000 to `7,50,000 and in West from a Lakh to 12 lakhs rupees per sq. yd. Plots in South Kochi cost `5,00,000 to `8,00,000 every sq. yard.

- As far as the rental values are concerned, 2BHK apartments in Kochi cost around `4,000 to `14,000 every month. While North has the highest rates, housing in other parts like South, East and West is usually available for `4,000 to `10,000 per month.

The realty market in Kochi is also expanding to the hospitality sector with numerous structures coming up in the sector. The industrial capital of Kerala, Kochi earlier Cochin is amongst the most important cities of the Western region of the country. As a result, its property sector grabs a lot of attention from developers, investors and buyers. The beautiful locales of the city make it both a perfect tourist hotspot and an ideal place to live in. And even though, capital as well as rental realty rates are growing, it is still much more affordable than other metro cities of the nation. Kochi is a wonderful place to spend time in, enveloped in soothing atmosphere, exotic beaches and sparkling landscapes.
Deepika B

About the Author:

Deepika Bansal writes on behalf of 99acres.com, which is an internet portal dedicated to meet every aspect of the consumers needs in the real estate industry. It is a forum where buyers, sellers and brokers can exchange information. At 99 acres, you can advertise a property in India , search for a property, browse through Kochi property and other Properties.

Article Source: http://www.articlesphere.com/Article/Real-Estate-in-Kochi--the-Queen-of-the-Arabian-Sea/238366

Article Tags: real estate, property, real estate india, appartments, house, buy house, property investment, real estate for sale
 This Article has been viewed 601 times.
  

Related Videos



Play Video
Play Video
Play Video
Play Video
Play Video
 

Related Articles

 
 

Listed below are more articles related to the above article from the "Real Estate" article category.

People interested in the above article "Real Estate in Kochi, the Queen of the Arabian Sea" are also interested in the related articles listed below:

 
Playa Del Carmen has many options when it comes to high end living. You can pick and choose from plethora of choices - Beachfront, Golf residences, Marina, condo resorts etc. Each one has its own unique charm and suit varied lifestyles. Among these Beachfront is much highly sought after. Golf course communities come a close second and are a perennial favorite among golf lovers who want a direct access to Golf course. Playa Del Carmen is known as the Golf capital of Latin America and for a good reason too. It has nine world class and beautiful golf courses which provide the ultimate in golfing experience and luxury living.
When it comes to buying a home, the ability and willingness to negotiate is a must for both the buyer and seller. In general, sellers ask for more than they are actually willing to accept and buyers offer less than they are willing to pay. The trick is to find the perfect balance so that you, as a buyer, feel good about the purchase price without leaving the seller feeling insulted.
An open house is one way that REALTORS•® attempt to expose a home to multiple buyers at once. Not only is an open house designed to market the home in a way that differs from a simple listing, but it also opens the door for competitive offers as more than one buyer could potentially fall in love with a home on the same day.
Every buyer wants a quality home that they can be proud to live in.
They want a home that won't fall apart and will give them years of happiness. Home buyers focus not only on the size and square footage but the quality as well. Both of these things gives a home its worth. When someone looks at a home, some of the most common concerns are centralized air conditioning, walk-in closets in the master bedroom, a bedroom on the main floor, a patio for entertainment and the size of the garage. An over-sized garage the can provide storage space as well as fit multiple cars can make a sale.
A property representative is an individual who aids his purchasers execute house searching along with trading transactions like for example Destin homes for sale, as nicely as executing industrial real-estate suggestions. The housing industry sphere has skilled magnificent development over the years and that is mainly due to the increase in profit of persons. Additionally due to the fact that housing industry developers are developing with extremely-trendy tasks with all crucial facilities.
Learning how to search quickly and effectively will be an asset to any developer who wants to ensure a good financial return on the investments that they are making. In the past, it was difficult to look for properties in an organized way especially if you were looking outside of the area where you were currently located.
If you are questioning methods to grow to be a real-estate representative at Destin homes for sale, you can't get the profit of experience at college or through books. With the intention to get a greater grasping of this business, learn the tips of the trade then construct a base of prospect contacts, you'll have to study from skilled specialists in the field. There is not a scarcity of specialists, and almost whichever skilled can guide you on tips on how to grow to be a housing market realtor at Destin real estate.
Article Directory Home All Categories Real Estate Real Estate in Kochi, the Queen of the Arabian Sea
 

Can't find what you're looking for? Try Google Search!
 
(We serve worldwide - Locations updated as at Thursday, 09 February 2012 05:30 pm , Singapore)
United States of America, USA . United Kingdom, UK (England, Scotland, Wales, Northern Ireland) . Canada . Afghanistan . Albania . Algeria . American Samoa . Andorra . Angola . Anguilla . Antarctica . Antigua & Barbuda . Argentina . Armenia . Aruba . Australia . Austria . Azerbaijan . Bahamas . Bahrain . Bangladesh . Barbados . Belarus . Belgium . Belize . Benin . Bermuda . Bhutan . Bolivia . Bonaire . Bosnia-Herzegovina . Botswana . Brazil . British Virgin Islands . Brunei Darrusalam . Bulgaria . Burkina Faso . Burundi . Cambodia . Cameroon . Cape Verde . Cayman Islands . Central African Republic . Chad . Channel Islands . Chile . China . Christmas Island . Colombia . Comoros . Congo . Congo (Dem. Rep.) . Cook Islands . Costa Rica . Cote d'Ivoire . Croatia . Cuba . Curacao . Cyprus . Czech Republic . Denmark . Djibouti . Dominica . Dominican Republic . East Timor . Ecuador . Egypt . El Salvador . Equatorial Guinea . Eritrea . Estonia . Ethiopia . Falkland Islands and Dependencies . Faroe Islands . Fiji . Finland . France . French Guiana . French Polynesia . Gabon . Gambia . Gaza . Georgia . Germany . Ghana . Gibraltar . Greece . Greenland . Grenada . Guadeloupe . Guam . Guatemala . Guinea . Guinea-Bissau . Guyana . Haiti . Hawaiian Islands . Honduras . Hong Kong . Hungary . Iceland . India . Indonesia . Iran . Iraq . Isle Of Man . Israel . Italy . Ivory Coast . Jamaica . Japan . Johnston Atoll . Jordan . Kazakhstan . Kenya . Kiribati . Korea (North) . Korea (South) . Kuwait . Kyrgyzstan . Laos . Latvia . Lebanon . Leeward Islands . Lesotho . Liberia . Libya . Liechtenstein . Lithuania . Luxembourg . Macau . Macedonia . Madagascar . Malawi . Malaysia . Maldives . Mali . Malta . Marshall Islands . Martinique . Mauritania . Mauritius . Mexico . Micronesia (Federated States) . Midway Islands . Moldova . Monaco . Mongolia . Montserrat . Morocco . Mosquito Coast . Mozambique . Myanmar (Burma) . Namibia . Nauru . Navassa Island . Nepal . Netherlands . Netherlands Antilles . New Caledonia . New Zealand . Nicaragua . Niger . Nigeria . Niue . Norfolk Island . Northern Mariana Islands . Norway . Oman . Pakistan . Palau . Palestine . Panama . Papua New Guinea . Paracel Islands . Paraguay . Peru . Philippines . Pitcairn Islands . Poland . Portugal . Puerto Rico . Qatar . Reunion . Romania . Russia . Rwanda . Ryukyu Islands . Saint Helena . Saint Kitts and Nevis . Saint Lucia . Saint Pierre & Miquelon . Saint Vincent & The Grenadines . Samoa . San Marino . Sao Tome & Principe . Saudi Arabia . Senegal . Serbia . Seychelles . Sierra Leone . Singapore . Slovakia . Slovenia . Solomon Islands . Somalia . South Africa . Spain . Sri Lanka . Sudan . Suriname . Swaziland . Sweden . Switzerland . Syria . Taiwan . Tajikistan . Tanzania . Thailand . Togo . Tonga . Transkei . Trinidad & Tobago . Tunisia . Turkey . Turkmenistan . Turks and Caicos Islands . Tuvalu . US Virgin Islands . Uganda . Ukraine . United Arab Emirates . Upper Volta . Uruguay . Uzbekistan . Vanuatu . Vatican City (Holy See) . Venezuela . Vietnam . Wake Island . Windward Islands . Yemen . Yugoslavia . Zaire . Zambia . Zimbabwe
Copyright © 2005 - by Larry Lim, Singapore - Article Search Engine Directory at ArticleSphere.com™
All Rights Reserved Worldwide. All Trademarks and Servicemarks are the property of the respective owners.