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KERALA’S REAL ESTATE POISED FOR STRONG GROWTH

VS Sridhar, Managing Director, Tamil Nadu, Kerala, Cushman and Wakefield India

BY Realty Plus
Published - Tuesday, 07 Nov, 2023
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.

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