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Reap huge profits from investments in apartments in Cochin
Topic Started: November 19, 2013, 6:30 pm (32 Views)
johinn
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Kochi is home for one of the fastest growing real estate markets in the state. With investments in flats, and apartments in Cochin yielding stable returns every year, real estate groups in the city have started projecting them as one of the most profitable investment options for both the NRIs as well as people from the working class group. With the increase in number of investments from the working class sector, demand for affordable apartments is higher than ever. To meet the growing demands for affordable housing and related amenities, builders in Cochin have already started more than a dozen of low-cost housing projects in some of the fastest developing city outskirts like Kakkanad and Tripunithura.
Although the occupancy level may vary depending on the builder and the location, many people have started investing in flats, and apartments in Cochin not just with the intention of owning a blissful abode in the city, but also to have a good source of steady income from them, by renting them out for a profitable amount. According to the builders in Cochin, only less than 30 per cent of the apartments in Cochin are now occupied by owners, because, most of the buyers consider flats/apartments in Cochin as a means of investment that can help get stable returns that keep increasing year after year. On the other hand, Kochi real estate sector has witnessed a steady escalation in prices properties, which has led to lesser investment in properties in city. This is mainly due to the skyrocketing land prices and has nothing to do with the mounting individual investment in flats and apartments in Cochin.
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