KERALA’S REAL ESTATE POISED FOR STRONG GROWTH
Even though Kerala is the only state in the South region that does not have a major real estate market featuring in the top -8 real estate markets of India, the next phase of commercial real estate growth in India will bring in a good amount of focus on the state of Kerala. In our recently released report on India’s 10 emerging markets, Kochi and Trivandrum were the only two cities which had a city stock of over 7 MSF Grade A office space, highlighting the immense opportunity that the state presents in terms of real estate growth. With favourable government policies, a large diaspora of skilled Non-Resident Keralites, qualified and skilled talent pool and improved infrastructure, we anticipate Kerala to be an attractive destination for corporate occupiers and developers exploring alternative locations beyond the top 8 real estate markets.
Tags : Non-Resident Keralites Kerala favourable government policies emerging markets Kochi Trivanidrum