Kochi, one of Kerala’s most dynamic and rapidly growing cities, has long been a hub for real estate development, with well-established areas like Kakkanad, Tripunithura, Vytilla, Aluva, Edappally, Kadavanthra, and Panampilly Nagar taking center stage. However, beyond these popular spots, Kochi still holds several lesser-known, yet highly promising, areas that offer lucrative investment opportunities for real estate development.
Here’s a look at some untapped or upcoming locales in Kochi that are expected to see significant growth in the coming years:
1. Thripunithura North
While Thripunithura is a known locality, the northern part of this area is an emerging destination. Close to cultural landmarks and scenic beauty, this area has been slowly developing in terms of infrastructure and residential demand. The proximity to both urban amenities and traditional Kochi heritage adds a unique value to this area for future real estate growth.
2. Cheranelloor
Situated near the industrial belt of Kochi, Cheranelloor is an upcoming area for both commercial and residential developments. The area benefits from the increased connectivity via the Kochi Metro and the growing need for housing options catering to working professionals. Its proximity to the Port and the national highway also makes it a prime spot for businesses looking for industrial spaces and warehouses.
3. Palarivattom West
While Palarivattom is already a well-established area, the western side of it offers significant potential. With several government initiatives aiming to improve infrastructure, including roadways and public transport systems, this area is poised for growth. New developments in residential and commercial properties are expected to create a bustling new neighborhood here.
4. Nellikkuzhi
Tucked between Kottayam and Kochi, Nellikkuzhi is emerging as a location for affordable housing. With easier access to the city’s commercial centers and the growing trend of moving away from more congested zones, Nellikkuzhi has quickly become a preferred spot for developers interested in creating residential communities that offer both tranquility and convenience.
5. Kundannoor
This suburban area on the outskirts of Kochi is gaining traction due to its strategic location connecting Kochi city with other major areas like Aluva and Kalamassery. The rapidly expanding infrastructure and upcoming projects make Kundannoor an area to watch. The availability of land at relatively lower prices compared to central Kochi also makes it an attractive location for real estate investment.
6. Mulavukad (Vypin Island)
Mulavukad is an island that has been slowly gaining attention for its potential as a tourism and residential hub. With the construction of bridges and enhanced connectivity, the area is attracting developers seeking to capitalize on the demand for waterfront properties and tranquil living spaces. Its scenic location, coupled with ongoing infrastructure upgrades, holds great promise for future growth.
7. Kadamakudy
Kadamakudy is an area just outside Kochi’s urban limits that has begun to catch the attention of real estate investors. It is an up-and-coming destination due to its proximity to nature, the backwaters, and its relative affordability compared to more established locales. With the growing trend of eco-friendly housing and sustainable living, Kadamakudy stands out as an ideal place for such projects.
8. Chellanam
Chellanam, located along the scenic coastline of Kochi, is an area that is poised for growth in the near future. With its natural beauty, the area has the potential to become a hub for tourism-based development as well as residential properties that cater to those seeking peaceful, picturesque living spaces near the water.
9. Edapally North
While Edapally is already a sought-after real estate location, the northern end of Edapally is an underdeveloped area with lots of potential for investment. With plans for improved infrastructure and connectivity, this part of Edapally could soon see increased demand for residential and commercial spaces, especially with the growing interest in suburban living.
Conclusion:
While the core areas of Kochi like Kakkanad, Vytilla, and Edapally dominate the real estate market, Kochi’s untapped and upcoming areas provide a wealth of opportunities for forward-thinking investors. As the city continues to grow and expand its infrastructure, these hidden gems are bound to become prime hotspots for residential, commercial, and mixed-use developments in the near future. Whether you’re a real estate developer or an investor, now is the time to explore Kochi’s emerging areas before they make their mark on the city’s skyline.
Interesting reads
https://easyproperties.in/8-promising-areas-to-invest-in-kochi-ernakulam/
Disclaimer
The information provided in this blog is for general informational purposes only and is not intended as legal, financial, or professional advice. The process of buying a property with an existing home loan can vary based on specific circumstances, lender policies, and local laws. It is always recommended to consult with a qualified legal professional, financial advisor, or real estate expert before making any decisions regarding real estate transactions. The author and the website are not responsible for any financial losses, legal disputes, or damages that may arise from actions taken based on the information presented here.
