5 reasons why you should invest in Calicut’s real estate sectorJanuary 6, 2020
There are plenty of reasons why you should invest in Calicut’s real estate. It is a city where new residential constructions are constantly underway. It is also well-known for being a booming hotbed for many ambitious projects. Let’s take a look at some of the factors that make Calicut real-estate an excellent choice for investors.
A coastal city known for its extensive and rich history since its such a big part of Malabar. It is also a popular choice for investors owing to the city’s connection with the rest of the neighboring towns and pivotal locations. Kozhikode is a city that has close ties with Kerala’s major cities such as Kannur, the beautifully lush Wayanad and the fast-growing Malappuram.This makes it easier for the city’s inhabitants to travel, visit and do business in neighboring cities with ease.
IT hubs and Industrial development
The Government cyberpark, the UL cyberpark and other tech and IT hubs make Calicut the ideal location for investors seeking modern living spaces close to the workplace. It is also the main reason why many choose to base themselves in the heart of the city.
A Growing Demand that assures higher returns
For a property that assures high returns in the future, Calicut is one of the best places in Kerala to invest in residential projects. There is a growing workforce of people who work in Calicut’s IT hub which has resulted in a growing demand for residential projects. Besides employees in nearby IT hubs,the growing tenant population also includes students pursuing education in nearby institutions. If you’re looking for a good place to invest in real-estate, Calicut is the perfect sector to choose.
An elevated lifestyle is possible when there are plenty of commercial sectors to accommodate your needs. From malls to theatres, schools, colleges and hospitals, you’ll find everything you need in Calicut that suits an elegant way of life.
Being a coastal city, the sea breeze makes for a very relaxing stay no matter what the weather is. Even the heat on a scorching hot summer day becomes tolerable when you’re living close to the sea in Calicut.
There is a wide range of real estate property options for you to choose from including normal flats and apartments, houses and luxury villas. There are a plethora of apartment choices for you to look for depending on your budget.