CommercialLatest Stories

Kochi’s Real Estate Thrives with Rising Office and Retail Demand

KOCHI: The commercial capital of Kerala is currently experiencing a real estate surge, driven by increasing demand for office and retail spaces. According to the latest Q1 2026 (January-March) report from a global property consultancy, Kochi has seen a significant 18% quarter-on-quarter increase in office leasing activity. In the first three months of 2026, Kochi recorded a net absorption of 0.11 million (1.1 lakh) square feet of office space, indicating a shift in business preferences toward decentralized, cost-effective hubs outside saturated tier-1 metros. The momentum is particularly strong in the city’s peripheral IT corridors, especially Kakkanad and surrounding areas, which…

Latest StoriesRegulatory

DLF Ordered to Compensate Buyer for Flat Delay in Kakkanad

KOCHI: The Ernakulam district consumer disputes redressal commission has mandated DLF, a real estate developer, to provide compensation for the delayed handover of a flat by nearly four years, along with additional charges imposed. This order was issued following a complaint lodged by Seena Susan Kuruvilla and her son, Mithun Kuruvilla, regarding the DLF New Town Heights project located in Kakkanad. In May 2010, the complainants reserved an apartment at DLF New Town Heights for Rs 34.29 lakh, with an agreement stating the flat would be delivered by January 19, 2013. Despite having paid 95% of the total, the flat…