Mohanlal's prestigious Dadasaheb Phalke Award has ignited a surge in Kochi's luxury real estate. Q3 2025 data shows premium properties appreciating 15-20% annually, with Marine Drive at ₹10,000-12,500 per sq ft and Panampilly Nagar at ₹12,000-14,500. This cultural boost attracts NRIs and high-net-worth buyers seeking emotionally resonant homes.
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.