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Real estate in Kerala – The place to invest
Topic Started: Oct 16 2013, 03:28 AM (69 Views)
markz
Learner
[ * ]
From those simple transactions of measured pieces of land areas, Kerala real estate sector has now become a synonym of anything and everything that’s associated with land, whereas there are a lot of people who still associate this term only to flats, apartments, and villas.
With property prices skyrocketing every day, owning a plush property in Kerala is nothing less than a dream come true. Kerala has witnessed a constant boom in real estate sector, with rapid and creditable growth in the housing market. This has been exceptionally high in a couple of promising cities like Cochin and Trivandrum. There has been a sustainable growth in real estate sector in these cities, with steady increase in property prices. This has prompted many people, including natives and NRIs, to invest a notable amount of their savings in to the real estate sector in Kochi and Trivandrum.
High population density is one of the major reasons among steady increase of property prices in Kerala. According to a recently published statistical report, the total availability of land, per person, in Kerala is getting lowered every year, which means only very little land is now available for housing as well as the tremendously huge developments that are anticipated for the coming years. This is one of the main reasons behind the ever increasing property prices in Kerala. With the entire real estate sector exploding with growth every year, and housing prices increasing manifolds, property in Kerala is one of the best options to invest your hard earned money, so that you can reap huge profits within a very short time span.
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