Message From MD, June – 2026

Dear friends,

At the outset, I would like to wholeheartedly congratulate all our top performers and departments who delivered exceptional results during the last month. Your commitment, relentless follow-up, customer engagement, and execution excellence have once again demonstrated the strength of our organization and the spirit with which we move forward. Every booking achieved, every customer confidence earned, and every milestone completed in project execution reflects the passion and professionalism of our team. Let us continue to build on this momentum with greater energy and sharper focus in the coming days.

Let’s talk about Middle East again. I was at Dubai for almost 10 days of the last month and was able to get an overview and understand the scenario. Dubai real estate entered 2026 with strong momentum backed by global investors, tourism, business expansion, and high rental yields. However, after the war-related uncertainty intensified, transaction volumes and residential sales started slowing down. Reports indicate that Dubai residential sales value dropped nearly 20% month-on-month during the peak tension period, and investor sentiment became more cautious due to geopolitical risks and oil price volatility.

At the same time, Dubai still remains fundamentally strong because of infrastructure growth, global connectivity, and investor-friendly policies. Major infrastructure expansion projects continue aggressively, showing that the UAE government is maintaining long-term confidence in growth.

But psychologically, Gulf-based Malayali investors have started thinking differently.

For many Kerala expatriates in Dubai, the recent tensions acted as a reminder that geopolitical stability is an important factor while planning retirement and long-term wealth preservation. For the last two years, Gulf Malayalis started investing heavily in Dubai apartments and commercial properties because of high returns and Golden Visa advantages. Now, many are gradually diversifying part of that investment back into Kerala — especially into premium apartments, villas, plotted developments, and senior living communities especially in Kochi, Calicut, Thrissur, and Trivandrum.

In fact, Kerala has already started witnessing increased NRI inflow into real estate. Builders and consultants are reporting stronger enquiry levels from Gulf NRIs who now view Kerala property not merely as an emotional investment, but as a safer long-term asset with lifestyle value and retirement security.

Now comes the political dimension.

The arrival of the new UDF government in Kerala has created fresh optimism in the business and builder ecosystem. Historically, the UDF has always been perceived as more development-oriented, investor-friendly, infrastructure-driven, and industry-accessible. The market sentiment today is that policy execution may become faster, approvals may improve, and private sector participation in urban development may increase significantly. Urban local bodies and corporations are also expecting stronger infrastructure support under the new administration, particularly in cities like Kochi where roads, water systems, canals, and urban mobility projects require urgent modernization. The next 3–5 years could therefore become one of the most important transformation phases for Kerala real estate. If developers maintain credibility, delivery discipline, construction quality, and customer trust, Kerala can position itself not merely as a regional housing market, but as the preferred “safe-life investment destination” for global Indians.

At the same time the ongoing war sentiments in the Middle East have created a severe ripple effect on the construction industry, pushing builders into one of the most challenging cost environments in recent years. With crude oil prices turning volatile, transportation, logistics, steel, cement, aluminium, bitumen, electricals, PVC products and finishing materials have all witnessed sharp price escalations, while shipping delays and supply-chain disruptions continue to affect timely procurement. Industry bodies across India report construction cost increases ranging from 10% to 25%, placing tremendous pressure on project viability and delivery schedules.

As we enter the month of June, month of monsoon, I extend my very best wishes to every member of our team for a month filled with positivity, achievements, and meaningful growth. May this month bring stronger sales, successful closures, smooth execution, satisfied customers, and renewed confidence across all departments. Let us work together with unity, discipline, and determination to achieve even bigger milestones and take our brand to greater heights. Wishing each one of you and your families good health, happiness, and grand success in the month ahead.

Warm regards,
Sunil Kumar V
Founder & Managing Director
Asset Homes