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Benefits of Buying an apartment in Kochi

According to the latest report by NDTV Kochi is all set to become the next preferred real estate destination in India, with multiple flats mushrooming in a short period of time. Luxury flats for sale in Ernakulam are finding several investors. Small families have even started preferring luxury villas owing to the availability of affordable villas for sale. Some of the reasons for the real estate boom is listed here: 
1. Included in Top 20 Smart Cities 
Kochi ranks 5th in the top 20 cities identified by the Govt of India. An investment of almost 2000 crore is expected for infrastructure development. The ‘Smart City’ tag will help in boosting prices favoring the real estate developers. 
2.Kochi is the first tier 2 city to commission a metro rail 
The successful commission of the metro rail is a new feather in the cap of Kochi. Areas like Companypady, Vytilla, Kalamassery, and Ambattukavu will be the main beneficiaries and witnesses of increased land prices in the coming years. 
3. New International airport terminal 
Cochin International Airport’s new international terminal was inaugurated in 2016 and has boosted foreign trade and tourism, elevating the real estate market. 
4. Became a venue for submarine cable landings 
Kochi is a venue for submarine cable landings, boosting IT and ITES industries. This will eventually increase the demand for residential, retail and offices spaces in the city. 
5. India’s first Global Hub Terminal 
The International Container Transshipment Terminal at Vallarpadam the premier port gateway to South India has opened up trade opportunities and industrial developments. 
6. Growth in the Tourism sector 
The steep increase in demand for hospitality-related real estate holdings like hotels and resorts owing to continued tourism growth is another important reason for the real estate boom in Kochi. 
ABAD group is one of the prominent builders in Kerala offering an array of choice for those who are looking for apartments for sale in Kochi. Abad offers budget apartments to luxury apartments in and around Kochi. ABAD builders are popular for delivering benchmark quality in each of its projects. 
With over 25 years of experience in the field, they have an ever-growing and strong relationship with over 3500 satisfied families and have projects totaling over 4.5 million sq ft. Their apartments in Kochi are notorious for surpassing competitors by their latest structural engineering technologies and high-quality modern amenities. 

ABAD has flats in Kochi built-in strategic and sought after locations. Thus owning an ABAD home, you can be assured to have made a great investment because of the increasing appreciation value. ABAD continues to stand in the forefront of Kochi’s real estate market and are awarded the CREDAI CSR National awards for clean city initiatives. 

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