Boski

These are blissful times for commercial real estate investors. Having fallen into a deep slump with the ending of the Internet boom, the market has come surging back. In 2006 alone, prices rose 26% for apartment complexes, 21% for industrial properties, 14% for retail properties and 6% for office buildings, according to Real Capital Analytics, a Mumbai based real estate research firm.

To be sure, for every seller there is a buyer, and other investors have rushed forward to buy these properties, often at record prices. But as the consensus builds that the housing market has become seriously overvalued, some are asking whether the same might be true of commercial property. The answer matters not just to the individual and institutional investors who are committing ever-greater sums to real estate, but also to the growing number of companies who are using their valuable property to obtain cheap financing.

Cochin (Kochi), the commercial capital of Kerala is one of the fastest developing cities in India. This has lead to tremendous demand for residential as well as commercial real estate development. While the demand in the commercial sector is caused by the retail boom, the increased demand in the residential sector is due to the perceived opportunities arising from the various developmental projects like “smart city” and a high inflow of NRI investment in to the city. The notable thing is that the city is expanding horizontally, which will, to some extend balance the infrastructure constraints.

Houses and Villas in Cochin are on the high for living and for investment. Villas, independent residential units with separate compound wall and courtyard normally constructed by builders within a township are also popular. The privacy of houses and villas attract people. As land gets dearer houses & villas in smaller plots in small townships developed by property developers have become popular.

The demand for Cochin Real Estate will continue to grow in the coming years as more and more developmental projects promise huge infrastructure investments in Kochi. It is also highly preferred by NRIs who plan to have a home in Kerala due to its urbane lifestyle, good health care facilities, educational institutions & avenues for recreation.

Gossioii1

This is great! Now I want to see your ways for us readers to become more involved! Expect an email later today.

ks2071746

Dear friend,

As I could see, the RE prices in Cochin are not high. Large flats, independant banglows do come up at good prices. Good areas to live when the children are NRIs for those parents from other States to settle in Kerala.

ks2071746:p

arunsubru

After some stagnant months in cochin real estate sector the prices of real estate properties are picking up. Currently this scenario can be witnessed through out india with prices started showing an increase

wiseman

ks,

The first post was dated Feb 2008 and so the euphoria

cheers