Kochi: The real estate demand in Kerala had dipped during 2019 -20 and that has brought considerable changes in the economic structure of Kochi, Kerala. According to analysis, there is a decline in the NRI investment in apartments after the job crisis in the Gulf countries. Earlier 70 to 80% of the flats were bought by NRIs. Now it is around 50%. The rental yields from residential apartments and commercial spaces have also shrunk. But all is not lost. Those returnees from Middle East, have brought a change in our investment attitude. Now seems a good time to start new business projects to cash in for year to come. With reports of Kochi Metro being extended to Kakkanad , and the upcoming water metro as well as the High Speed Silver Line coming in close quarters, the city has broaden our avenues toward greater development. The opening of flyovers in Vytilla and Maradu will equally bring the neighbouring districts closer and thereby a new trend towards the upward mobile will surely rise in our cities and revive our community to better heights. More than luxury, the residential flats with cost in the range of Rs 60 to 90 lakh have good demand. There are takers for completed flats and villas. As for commercial buildings, co-working is slowly gaining traction in the state. A dip in the Middle East may be a blessing in disguise for new ventures in our state. Those who take the leap now are sure to make a difference for their future as well as Kochi’s.
Kochi embarks on a new chapter with the inauguration of Water Metro Project’s first route from Vytilla to Kakkanad. In conjunction to this, the Centre’s clearance of Metro rail Extension, marks a new beginning in terms of travel and connectivity. The Metro’s Extension to Kakkanad will take off from Jawaharlal Nehru Stadium (JLN Station) and terminate at Infopark. This will provide a metro rail link between the city hub and the expanding IT hub, while also establishing metro connectivity from the city to the district headquarters, residential and industrial areas, and the SEZ located in Kakkanad. There will be 11 elevated stations in the proposed metro corridor. Once realized, the corridor will also provide city connectivity to Silverline, the semi-high speed rail corridor proposed from Thiruvananthapuram to Kasargod, which is to have it’s Ernakulam station near Infopark. Both these transport systems along with Water Metro, is due to converge on the same premises or have a common station, so that commuters would not have to depend on alternative modes of transport while switching from the SilverLine to the metro rail and back. There will be seamless integration of the metro with the public transport buses, ferries and other commuting modes. The metro will act as a feeder service of the Silverline. It would integrate with the Water Metro at Kakkanad and Infopark jetties.
The real estate sector has definitely affected by the demonetization move, as it has traditionally seen a very high involvement of black money and cash transactions, but now it has overcome the impact of this demonetization. However, almost all such incidences have been in the secondary sales market, where cash components have traditionally been a veritable ‘must’. Therefore, the real estate sector and resale properties segment will take a big hit in the coming days. The luxury and high-end segments of residential real estate will also see a major impact from this exercise, since it is another area which has seen a lot of payments done in cash. This means that luxury homebuyers will suddenly have a much wider bandwidth of options to choose from.
Manjooran Housing is launching its new project named Rowan Park Scarlet, the premium single and 2 BHK apartments in kakkanad, housed in a 20 floor independent tower with its own landscaped gardens and children’s playground, swimming pool, health club and GYM facilities, abundant indoor car parking area and three lift access to each floor. It is located near to Smart City and also near to InfoPark, Kochi.
The brand new project from Manjooran Housing offers an inspirational living environment for the people who want to get settle in Kochi Metro City. Price ranging from 35 lakhs onwards with all fitted modern luxury amenities.It is ready for delivery by December 2017. So book your dream home in Kochi and own your home and get inspired.
As we are in the midst of celebrating the miracle of this special Christmas season, may your heart be filled with joy and peace. Amidst the Christmas carols, Cakes, wine, cookies and celebrations, may your heart be filled with contentment and the unique feeling of joy that the season brings.The wonderful festival of Christmas is here again, bringing with it lots of happy moments and good wishes..
Manjooran Housing wishes you all a very Merry Christmas and may this joyful season brings you with health and happiness.
Today, there are lots of flats and apartment projects offered by builders in kerala in all major locations of Kochi city. But the main problem is that which is the best location for buying an apartments and villas in cochin. So it is always important to make a wise decision in choosing a location by checking each and every aspects associated with it. Most of the people search in internet for best real estate agents for finding a descent and good locality for buying a home, there is always a certain factors that you should consider while you buy an apartment or villas.
Main factors to be kept in mind before choosing a best home are :
Which make the best location for your homes / apartments in kochi ?
As we know that there are lots of flats, apartments, villas available at all major locations in cochin. One of the main factor you should consider before you finalise the preferred location is that it should be easy access to working place and it should be nearer to the major landmark places in the city where you can go in your free time.
Manjooran Housing is one of the top builders in Kerala, it provides you with wide range of apartments and villas in kakkanad, Kochi city. All its project till date has completed on time and it is easily accessible to all major locations of the kochi city. In Cochin, you ill get wide range of choices to select the best locations for your home.
Diwali or Deepavali is India’s biggest festival that is celebrated every year. It is a festival of lights and all Indian Hindus celebrates it joyfully. Deepavali means rows of lighted lamps and everyone celebrates it with great enthusiasm. The festival of Diwali marks the happy return of lord Rama to Ayodhya after fourteen year’s exile. Diwali is a big occasion for celebration, people gets a lot of fun and pleasure while burning lamps, candles and crackers on this auspicious day.
On Diwali, people dress up in new clothes, light up diyas (lamps and candles) inside and outside their home, participate in family puja (prayers) typically to Goddess Lakshmi. After puja, fireworks / crackers follow at home, then a family feast including mithai (sweets), and an exchange of gifts between family members and close friends. Diwali also marks a major shopping period in nations where it is celebrated.
Eco-friendly home is the best way that you could blend in with the environment. As we know that mother nature provides the basic protection and clean livelihood so that you could enjoy your home to its fullest. So now-a-days people choose to live in an environment friendly homes. Moreover people are paying more attention to their surroundings places. With Manjooran Housing live a life that you have dreamed of with its luxury villas and apartments in kakkanad with all the luxurious amenities to enjoy a good lifestyle. Live your life with comfort and convenience. Manjooran Housing provides convenient location which gives easy access throughout the city. Own and get homes set in peaceful and serene surroundings that capture a fine living with unmatched values.
The first step for a better apartment living is to find a good flats and apartment for leading a good lifestyle. It takes a lot of time to research the best flats and apartments, which will be an easy access to schools, colleges, hospitals, shopping malls and all major part of the city.
But when you’re looking for a flats and apartments, don’t just look at the property only, but pay more attention to the builders their expertise in construction and design of a home. Avoid future problems by getting everything in documentation, the terms & condition of the apartment, and firstly know whats your rights. Manjooran Housing is one of the top builders in kochi, kerala that offers many luxurious 2 and 3 BHK apartments and villas in kakkanad. Luxury Waterfront Villas in Aluva (Alwaye) with all the modern amenities within it. You can enjoy the most serene views from your home. All types of amenities like supermarkets, hospitals, transportation facilities, educational institutions are not too far away.
Eid Ul Fitr is a festival celebrated by Muslims worldwide that celebrates the end of Ramadan. Eid is the Great day to pray, to love, to celebrate, to care to happy and Allah bless you. Manjooran Housing wishes you and your loved ones Eid Mubarak.