Real estate in ‘Gods’ own country’ is flourishing at a rapid pace. Every builder in kerala competes to gain the top position in the industry. Each one introduces novel ideas and techniques in his ventures so as to keep his project apart from that of his competitor. The trend of the traditional style architecture came as a result of such an effort from the builders in the state. The designs that were prevalent in ancient Kerala are being replicated by many of the builders. This has become successful in attracting the people and persuading them to buy homes.
Luxury villas, apartments and flats from the builders are quite popular. The builders have enough to explore in the industry since the demand for ready to occupy homes are ever increasing. People are moving to new places, where they can avail better education and career opportunities. Many of them move to more urban cities in Kerala, such as Cochin, in order to have a better lifestyle. Luxury homes are available in different costs based on the amenities available, the location of the homes, the facilities that are available nearby, etc.
Kerala’s scenic beauty and tourist spots are the major factors that are a boon for the builders. Luxury resorts and hotels in these places provide them great profits. Moreover, the boom of IT industry in the state has also given a thrust to the real estate sector of Kerala. Ready to occupy homes in locations near the IT hubs and parks are a good means of investment.