2014-05-30

Kerala real estate symbolizes the new phase of state economy which is based upon the strong pillars of high valued property investments. It offers infinite investment opportunities such as luxury villas, deluxe flats, independent houses and expensive commercial spaces. A luxury villa property normally features spacious bedrooms, living rooms, excellent interior decoration, and purified drinking water. Most of the Kerala real estate apartments are built based on traditional Kerala architectural style which is appreciated all over the world. Proximity to transport stations, industrial centers, super markets and hospitals adds convenience to living in flats. Real estate websites provide a wide variety of information regarding property prices, its availability and financial assistance package.
Kerala real estate builders completed scores of residential projects in cities of the state and their suburbs. Selection of plot for residential and commercial buildings is a matter of great concern for the people buying a property in City limit. The real estate market in Kerala is flooded with land brokers, property scams, red tapism, and legal hassles. The altered image of Kerala state as an industrial, educational, and tourist hub paid rich dividends to the real estate market. Socio economical milieu and rapid urbanization of Kerala paved the way towards a new luxurious lifestyle in the state. This phenomenon was propelled by the flow of unlimited amount of foreign currency sent to the state by Non Resident Indians. The demand for deluxe flats in Kerala townships are shooting up and it is a reality that majority of them are being sold out even before completion of residential project.

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