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“Kakkanad Apartments: Depicting Lifestyle of City”

 
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serovae



Joined: 13 Feb 2014
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PostPosted: Thu Feb 13, 2014 1:04 pm    Post subject: “Kakkanad Apartments: Depicting Lifestyle of City” Reply with quote

Real estate sector in Kakkanad has been undergoing a major shift till recently and the value of residential properties in Kochi reached horizons. It will be very difficult to purchase a posh apartment in Kakkanad, if you are not financially too sound. Real estate agents in Kochi say that luxury apartments, deluxe villas and independent houses are the most needed residential accommodation alternatives in Kochi. Rates of residential properties in Kochi are very high in urban areas like Kakkanad, Nedumbassery, Aluva and Panampilly Nagar. Value of posh residential apartments in Kochi urban area starts from 20-25 lakhs rupees range. As the saturation of industrial area in Kakkanad reached its zenith, value of deluxe flats in the urban area will not reduce in the upcoming years.
Large scale migration of professionals to Kochi gave a boost to the real estate sector of City and property market in the township is contributing immensely to state exchequer. Residential sector in Kochi metropolis is flourishing everyday due to high demands from Non Resident Indians. Rising middle class income, spiralling real estate prices and influx of migrants are the contributing factors behind the unimaginative growth of Kochi property market. With exposure to international pay scales and lifestyles, urban residents are increasingly becoming inclined to luxury flats. Special offers, discounts, festive offers, instalment pay options and easy home loans make Kakkanad apartments accessible to the common man of Kochi. Commercial and residential properties in Kakkand urban area are witnessing large scale sales activity in the recent period.
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