Reasons To Invest In Kottayam Real Estate
10 August 2023
Kottayam is a growing city in Kerala nestled in the Western Ghats. It is flanked by the Vembanad Lake in the west. The city has pleasant weather throughout the year. It is also known as the City of Lakes in Kerala, due to the many lakes in and around the city. The natural beauty enhanced by the wildlife and dense greenery promises a pleasant lifestyle for its residents.
Let us look at why Kottayam is a good choice for investment in real estate:
Kottayam is known for its natural beauty and lush greenery. The clean environment and healthy life are major attractions for new residents who want to settle in the city. It is also a major tourist attraction because of its cultural significance. The city is home to many temples, churches, and historical sites as well as exotic vegetation and a diverse lifestyle making it an ideal tourist hot spot. These factors boost the real estate development in the city with many projects under development.
Kottayam is seeing significant development in its economy resulting in many new businesses coming up. Many professionals are keen on making the most of the developmental stages and being prepared for the upcoming boom. Real estate is fairly in the nascent stage and investing in property now can prove to be highly lucrative in the future. There are many projects which have 2 BHK & 3 BHK flats in Kottayam with the best amenities.
Kottayam is well connected to the major cities of Kochi and Trivandrum. The airport is located only 90 km away and is easily accessible by good road infrastructure. One can reach the airport by bus or taxi. The city is well-connected to all the districts around it and is easily accessible by roads, rail & water. The best developers that offer 3 BHK flats in Kottayam make sure their projects are well connected to the social facilities that are needed by home buyers.
4. Real Estate Market
Kottayam is a growing city with major potential for the tourism industry. The government is taking special efforts to improve the worth of the city and develop sectors like healthcare and education. It is an educational hub that sees many students flock to the city. As a result, there is a growing demand for quality real estate. Many builders in Kottayam are now developing a variety of projects from budget homes to luxury residences and villas. According to experts from the industry, the real estate industry is expected to grow at a rate of 13.5% over the next few years. Investing in Kottayam real estate can be a very profitable proposition in the next few years.