MoneyOnComputer

The demand for affordable apartments and flats are on the rise, says a recently conducted research on Kochi’s real estate sector. The study has also specifically pointed out the decrease in NRI monopoly. NRIs once dominated the entire real estate sector in Cochin, owning more than 70% of the flats and apartments that were build in and around the city. But the real estate scenario has changed entirely now. With more and more working class people migrating from far off places, mainly for jobs, Cochin real estate sector is entering in to an entirely new phase, where a huge amount of investments are done by the middle class or the working class people who may either be looking for a safer and comfortable abode in the city, or a profitable investment method to cash-in. This new trend has made builders in Cochin think about affordable housing projects, without compromising on the quality of the apartments and flats. This will help them easily cash-in the ongoing demand for reasonably priced apartments, flats, and houses in the city. Many of the top builders in Cochin have already started-off their projects that can quickly entice the more and more people from the working class, with many advantages to offer, including location and top class amenities. With the increase in demand of cost effective housing projects, builders in Cochin will continue to roll-out cost effective housing projects that can provide word class apartments at budget rates. Budget housing projects can help builders in Cochin in staying afloat in the present economic condition.