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Properties in Kerala offer high capital gains
Topic Started: Jan 1 2014, 06:42 AM (210 Views)
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With Smart City, Kochi Metro, Vallarpadam International Container Terminal, and many other prestigious projects gearing to kick off, property prices in Kerala have started skyrocketing every day, with more and more people keen on investing in residential and commercial properties in Kerala. This steady spurt in property prices, and the strong line of developmental activities across the state, has increased the demand for properties in Kerala. Real estate experts expect a constant growth in the sector, which is going to be highly beneficial for all those who wish to invest in properties in Kerala.
The state currently has a commendable and fast growing real estate sector, where investors have opportunities to make good profits. Over the last couple of years, property prices have soared up really high in Kerala. Until now, it was the NRIs who played the pivotal role in boosting Kerala’s real estate property sector. But gone are those days when Kerala real estate sector was NRI driven alone, as more and more people from the working class have now started investing in properties in Kerala, as the real estate sector is turning equally advantageous for everyone, promising steady and stable profits that no other investment can assure. The price boom is not restricted a few developed cities like Trivandrum and Cochin alone, but continues to keep extending to many of those suburban as well as village areas in the state. According to real estate experts, property prices in Kerala have increased more than 300 percent in the last four years alone, mainly on the backing of the steady and notable growth prospects of the state..
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