News

Kochi is the Queen of the Arabian Sea for its natural beauty, scenic views, and rich cultural heritage. It is a top choice for domestic and international tourists and has been ranked sixth among the top tourist destinations of India by Nielson. According to McKinsey Global Institute, Kochi is one of the top 28 Indian cities that will be a part of 440 global cities, making up 50% of the world’s GDP by 2025.

Smart home technology integrates various home functions to control, automate, and monitor them remotely using technology. The technologies include smart thermostats, lighting, security systems, voice assistants, and appliances. As these devices integrate the home functions to give a seamless experience to the resident enhancing their comfort and convenience many folds, their impact on property value has been significant.

The Union budget that was presented by Finance Minister Nirmala Seetharaman has a significant impact on the real estate sector in India. The Indian real estate sector is poised to make a major contribution to the country’s GDP in the coming years. It is also a prime employment generator employing thousands of people and securing their livelihood. The policies framed by the budget will have a significant impact on the economy in general.

Kochi is an ideal city for real estate investment today. Backed by economic growth, an expanding IT sector, an expanding port, and a magnet for tourism, the real estate sector is experiencing unprecedented growth. It is the right time to investing in Kochi flats to make the most of the rapid urbanization and demand for housing by the working population. The rental returns and property appreciation trends in Kochi are very encouraging as many professionals are settling in Kochi. Investors who choose their investments wisely stand to reap excellent benefits in the future.