Kerala is known for its scenic beauty, cultural richness, and unique real estate market. While specific investment returns can vary based on market conditions, here are three locations in Kerala that have historically shown potential for good investment returns:
1. Ernakulam (Cochin)
As a major commercial and industrial hub, Ernakulam offers a diverse range of investment options. Its real estate market has witnessed growth due to the presence of IT parks, industrial zones, a thriving port, and a booming tourism sector. The city’s well-developed infrastructure, educational institutions, healthcare facilities, and cultural attractions contribute to its attractiveness for both commercial and residential investments, especially flats for sale in Ernakulam. Areas like Kakkanad, Infopark, and Vyttila have gained prominence due to their proximity to business districts and amenities.
2. Thiruvalla
Thiruvalla is the largest city in the Pathanamthitta district. It is a charming locale with a vibrant culture. It is known for its scenic beauty as it sprawls over the banks of two rivers and is surrounded by irrigation streams. It is a major attraction for NRI investments. Since it is in the growing phase investing in flats for sale in Thiruvalla will gain lucrative returns. The city is well-connected and has a good social infrastructure in place.
3. Thiruvananthapuram (Trivandrum):
The capital city of Kerala, Thiruvananthapuram, is another potential investment destination. It is home to government offices, educational institutions, research centers, and healthcare facilities. The growth of the IT sector and the presence of Technopark have contributed to increased demand for commercial and residential spaces in certain areas. Thiruvananthapuram’s unique blend of urban amenities and natural beauty adds to its appeal for investors interested in 2 BHK flats in Trivandrum.
The stable real estate market provides a sense of security for investors investing in residential and commercial properties in the state capital.
4. Kottayam
Kottayam is known for its rich cultural heritage and is home to numerous educational institutions, including schools, colleges, and universities. The presence of academic institutions can attract students and faculty members, creating demand for rental properties. Kottayam’s central location in Kerala makes it well-connected to major cities and towns in the state. This accessibility can make it an attractive place for both residents and businesses. 2 BHK flats are gaining popularity amongst new home buyers in the emerging town. The district is known for its religious and cultural significance, attracting tourists seeking spiritual experiences. This could lead to demand for short-term rental properties, such as homestays or guesthouses.
The flats for sale in Kochi are the most lucrative among all the options discussed above.
Original article published at https://www.ezeebiz.in/prime-areas-in-kerala-for-real-estate-investment/