Kochi's luxury apartment market booms as KRERA data reveals surging registrations for 3/4BHK units, driven by young professionals and business elites migrating to prime locales.
KRERA data highlights rising demand for luxury 3-4 bedroom flats in Ernakulam, with 86 new projects in 2024. Marine Drive and Panampilly Nagar attract young professionals, IT workers, and businesspersons seeking premium amenities.
Air India plans to monetize its real estate assets, including properties in Delhi, Mumbai, Chennai, London, and Tokyo, to address its financial challenges and raise around Rs. 5,500 crore over the next ten years.
Mumbai Sees Rapid Residential Price Growth, Tops at Rs 97,842/sqft
NRI-backed Dewa Projects to construct a Rs. 3,000 crore super luxury apartment complex in Kochi by 2011, featuring six towers, 400 apartments, and high-end fittings.