Highway Expansion Reshapes Kochi’s Real Estate Landscape
Representative AI image KOCHI: The extensive development of the national highway is transforming Kochi’s growth trajectory, shifting real estate activities from the city center to the previously quiet suburbs like Maradu, Kundanoor, Madavana, and Koonammavu. The demand is fueled by comparatively lower land prices in these areas, ranging from Rs 7-10 lakh per cent, while Kochi city and the IT hub of Kakkanad command prices between Rs 25-40 lakh per cent. “Now, areas once viewed as outskirts are becoming attractive spots for investors and individuals seeking house plots. There’s a growing interest in mid-range properties, often 3-5 cents with small…