KERALA REAL ESTATE

Kerala Real Estate market has got an unprecedented momentum gained recently from the upcoming projects and investments in the state. Thanks to several socio-economic, political and geographic factors Kerala economy has never before got a real wave of economic development which set to change the life in this state. Some of the underlying projects supplementing the current phase of development are Smart City, IT Park, Container Terminal at Vallarpadam, Cochin International Airport, Proposed International Airport at Kannur, etc

Joining of a well talented work force to the existing pool of educated and trained young work forces in the coming few years will produce golden results, given the investment, business and opportunities keep the phase. In addition to the overall economic development of the state, contributions by the Non-Resident malayalees also play a major role in this process.

Land is one of the most limited resources which can not be increased or produced to cope with demand. However the demand for real estate in Kerala will keep on increasing on a regular basis from:

#Local, national and international business houses to set up and run their commercial projects of various natures.

# Local residents to build their house, which will keep increasing with increased income and with more nuclear families, etc.

#Investors to safe keep their assets for future as a better alternative to bank deposit in terms of security and capital appreciation

#Farmers for agriculture and farming activities.

Choosing the correct real estate investment may not be so easy. When we look at the real estate as an investment product, it is just not land alone. It is a very complicated product mix consisting of various components. For example the Kerala real estate product mix includes Agricultural Land, Farm Land, Commercial Land, Paddy Land, Commercial Plots, Residential Plots, Shops, Offices, Shopping Complexes, Office Complexes, flats, apartments, villas, bungalows, islands etc. Again the right selection of the right piece of land at the right location, suitable for the intended purpose, matching the budget from the estimated 38,863 square kilometer is the key.

As universally known, the four principles of real estate investment namely location, location, location and location is also applicable here too.

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