Invest in Apartments in Calicut: Best Decision To Buy Property in Kerala

In keeping with the uniqueness of its state, Calicut is emerging as a prime destination for real estate investments. The city was a discovery that changed the course of the history of India and explorers from Europe. A hub for culture, education, and spices, Calicut is also the most culturally refined city in Kerala. These reasons make Calicut a unique city for its residents. Modernization and urbanization have led to the fast-paced development of real estate in the city yet the roots of the city as the state’s cultural and educational hub are preserved. Let us see why Calicut is becoming one of the best cities to live in India.

Connectivity and Infrastructure

Calicut is close to the Karnataka and Tamil Nadu borders. This gives the city easy access to important commercial hubs like Bangalore and Mysuru.It is well connected to Malappuram, Wayanad, and Kannur facilitating trade and commerce. The rapid infrastructural development to connect cities and developing monorail and intracity infrastructure has boosted the development of real estate projects in new pockets of the city. The international airport has given NRIs and foreigners access to the city’s growing real estate opportunities.

IT and Industry development

Calicut’s major IT parks are Government Cyberpark and UL Cyberpark are attracting major IT companies into the city. More than 40 IT companies and many allied businesses attract professionals from all over. Housing becomes an important need for the growing urban population. Builders in Calicut are now developing residential flats in Calicut at prime locations close to IT hubs.

Social Infrastructure

Kozhikode is the second-best city to live in India and acquiring this status would not have been possible without a superior social infrastructure. Calicut is known for premier educational institutes like Indian Institute of Management & National Institute of Technology. The city also have international schools and institutes with best facilities. Renowned hospitals and healthcare centres are reasons for a flourishing medical tourism industry in the city. The growth of the city is seen upcoming malls and retail destinations within a short time. Calicut offers a good combination of culture and modern living for residents who want to settle here.

Investment

Among projects in Kerala, those in Calicut can prove to be profitable in the long run. Investors can make most of the comparatively lower property prices. The regulation by the state and central governments is a highlight for international investors’ enthusiasm to invest in Calicut. The builders and developers offer varied options for the investor ranging from 1 BHK and 2 BHK flats in Calicut to independent houses and even luxury villas.

These reasons make Kozhikode an important choice for investors who want to gain excellent returns on their investments.