Gulf NRI Investments in Kerala

The Gulf region has been like a magnet which attracted Malayalis from far and wide. Malayalis who had migrated from Kerala years ago and earned their bread in the Gulf are eager to invest in their home state. As Kerala is primarily a consumer state with a growing appetite for goods and services, it has been attracting investors to pump in crores of rupees into the state. Most Gulf NRI investments in Kerala are in the form of large-format retail stores, high-end hotels, residential projects and large hospitals. 

Asset Senate, Kannur

The rising affluence of this southern state and the expectation that mindset towards investors is changing for the better has made this possible. In the past Kerala was notorious for its militant trade unions and frequent shutdowns. This had prompted Malayalis to flee the state to the affluent Gulf region and today the economy of Kerala has been held together by remittances from these NRI Malayalis to some extent even during the recent recession.

Asset Genesis, Kochi

Homes sales have taken a slowdown in the Kerala market in the recent times but there is no dearth of NRI investments in the Cochin city. An interesting to note indeed! In fact, every Malayali hopes for an own house in Kerala! It may not be so with their children who might have migrated to other cities. But from the bottom of his heart a true Malayali wants to stay tuned to his roots.

Asset Sovereign, Trivandrum

Kochi real estate market has taken a leap forward with the operations of the international airport. In a decade's time, the city has developed like anything right from the IT corridor, Metro rail network, Smart City to the port etc. which has added to job generation. The growth of tourism and hospitality industry has also led to more real estate investment. Many educational institutions and medical facilities have mushroomed across the city & there has been a constant flow of people migrating into Kochi, from other areas of Kerala and other neighbouring states. Many builders in Kochi have  launched luxury flats for sale in Kochi keeping in mind the rising need for accommodation in Kochi.  

Asset Sunny Days, Trivandrum

Nowadays apartment culture is fast catching up with people but the love for villas, bungalows and mansions have not totally gone.  In areas like Pathanamthitta, Kottayam, Tiruvalla, Chengannur and Changanassery among others, people are strongly rooted to one's ancestral land. But most settlers go in for either renovating their ancestral homes or mostly villas. But the new generation crowd often go in for apartment units. Apartments are mostly taken as second investment for them as well.

Asset Alpine Oaks, Kochi

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