Demand for Luxury House in Kerala on the Rise

08-Sep-2023
 

The landscape of real estate in Kerala is not the same anymore as what we used to see a couple of years ago. Immense research, traveling, and the widespread educated population have had a huge influence on the tastes and preferences in the choice of homes today. Younger generations in Kerala are seeking luxury homes that enhance their overall well-being, signaling that luxury living is no longer exclusive to the wealthy.

The surging demand for high-end properties in Kerala is attracting potential homebuyers seeking unparalleled comfort, exclusivity, and lavish amenities. This has spurred renowned builders to create luxury homes that redefine the quality of life. According to the 'India Market Monitor Q1 2023' report by CBRE, the luxury housing sector in India has seen impressive year-on-year growth, with sales increasing by approximately 151 percent from January to March 2023.

The Upsurge in Luxury House in Kerala

 

The real estate market in Kerala has experienced significant growth recently, marked by the launch of numerous projects. These developments encompass apartment complexes and villas, primarily concentrated in and around Kochi City, along with neighboring municipalities like Maradu and Kalamassery. The Kakkanad area is also experiencing a notable surge in activity as a result of this expansion. These beautiful homes in Kerala today bring you a mix of both worlds, a blend of the hustling city life and enjoying caresses of the lush green nature.

Factors that Contribute to the rise in demand for Luxury Homes in Kerala

  luxury house in Kerala  

Kerala, often called the "God's Own Country," has long been celebrated for its lush green landscapes, therapeutic backwaters, and vibrant culture. However, the real estate scene in this southern gem is currently experiencing a transformation of its own. Modern homes in Kerala blend elegant architecture and improved connectivity for effortless travel. Let’s take a look at the factors that contribute to this transformation.

 

1. Thriving Tourism Industry

 

The tourism industry in Kerala is another vital driver of the surge in demand for luxury homes. The state's natural beauty, pristine beaches, and serene backwaters have attracted tourists from across the globe. Kerala's charm captivates visitors who often choose it as their second home, driving up demand for luxury properties. Investors see the potential for high returns, whether through tourist rentals or selling to fellow travelers seeking a piece of paradise.

2. The Architectural Design and Amenities

 

The demand for luxury homes in Kerala is also being propelled by the changing preferences of homebuyers. The modern homes in Kerala are designed to offer not just spacious living spaces but also a plethora of amenities that enhance the overall living experience. These amenities often include state-of-the-art fitness centers, swimming pools, landscaped gardens, concierge services, and advanced security systems. Today's savvy buyers seek homes that offer comfort and make a lifestyle statement, and Kerala developers are meeting these demands with innovative designs and amenities.

3. The Rise of Sustainable Luxury

 

It is not just about leading a luxurious life but also including the vital aspect of sustainability as it plays a very important role in leading an eco-friendly life. With growing awareness of environmental issues, many luxury homebuyers are now on the lookout for eco-friendly and energy-efficient homes. Reputed builders are meeting this demand with sustainability, including rainwater harvesting, solar panels, and green construction practices. This harmonious blend of luxury and sustainability has further fueled the demand for luxury properties in the state.

4. Better Connectivity

 

Location plays a pivotal role in the demand for luxury homes, and Kerala offers a diverse range of attractive options. Kerala caters to every luxury home buyer, from serene Alleppey backwaters to bustling Kochi city life. Better connectivity via roads and airports adds convenience, luring buyers who seek both accessibility and luxury. Trivandrum for instance is once such a place that has one of the finest luxurious properties, like the Victoria Pranavam , a premium villa project by Victoria Realtorsthat seamlessly brings elegance, luxury, convenience, and privacy in a prime location. Key landmarks such as Kinfra, Technopark, and Technocity are just a 15-minute drive away. Nearby hospitals, including Govt Hospital, Andoorkonam, S R Hospital, and Karunya Hospital, can be reached in just 5 minutes for any medical needs. Walkable distances to Thenguvila Devi Temple and St. Thomas Church, along with a 30-minute drive to Padmanabha Swami Temple and Attukal Devi Temple, add to the project's appeal. You can find many property for sale in Trivandrum.

Victoria Realtors' projects exude the finest workmanship, attention to detail, and dedication to offering an exceptional living experience. As Kerala's premier builders, Victoria Realtors assures you of homes that elevate your quality of life and create lasting memories, thanks to our skilled technical team.

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