Kerala is one of the most thickly populated of all states in the country. The Home Property market in Kerala is pretty competitive and builders and developers are at every nook and cranny of the state. The state is going through a phenomenal growth stage and this has in turn created an upsurge in terms of demand for home property. Home property values in the state have risen almost 5 or 6 folds and most residential places in the city have gone beyond the reach of commoners.
Kerala or better known as “Gods own Country” is blessed with natural resources unlike many other parts of India. Round the year rain, lush green vegetation, literacy rate which other states could only dream of, are only some of the highlights of this little state. With so many factors favoring settlement, it’s not a wonder that home property market is growing at this rate. There are many projects such as Smart City, Cochin Metro, Vallarpadam Container Terminal all in the pipeline which would directly touch the lives of people in the state and dramatically improve the standard of living. Interesting is the fact that most towns in the state have also grown with the cities.
Towns or suburbs in the state have actually gained more prominence in the property market because people prefer to stay away from the hustle and bustle of the city. If you are planning to get a residential property in Kerala, you better make it quick. With land prices scaling new heights, its always a wise option to invest in a home. Most people in the state have taken to this idea and are investing thinking of long term profits.