Real Estate in Kerala Kerala is one of the most beautiful as well as the hottest tourist destinations of India. The rich cultural heritage and the natural elegance of the state offer wonderful sightseeing and other attractions for tourists. It is so fascinating that it the name ‘God's Own Country' has become synonymous with Kerala. Its capital is Thiruvananthapuram, located on the west cost of India.
The economy of Kerala is hugely dependent on travel & tourism besides transportation, public administration, banking & finance, communication, agriculture and fishing industries. With the fast changing lifestyle of the people due to growth in health and family welfare schemes, Kerala real estate is witnessing a boom. Also, being conscious of the living standards,
container house people have now started building their houses at quite an early stage by availing loans. This has been constantly encouraging leading realty developers across the country to build affordable property in the state. The upcoming developmental plans in Kerala real estate promises to transform the skyline of the state, especially in areas like Kochi, Kozhikode, Thekkady, Thiruvananthapuram, Edappally, Thevara, Marine Drive, Kakkanad, etc. among others.
Housing has been the buzzword in the world of real estate for quite sometime and this is why financial institutions are today offering easy loans for residential properties.
prefab house The situation was different till sometime back when just a few companies were approving home loans, that too, at very high interest rates. Now, the greater influx of liquid funds and a more liberal policy has made housing finance cheaper and less stringent. As a result, more and more people are coming forward to buy houses on loan increasing the demand for houses in Kerala. Lots of investments and FDIs are being encouraged by the government in the state's real estate segment.