Why is Real Estate Considered one of the Safest Investment Option

Attractive Reasons to Invest in Flats in Kottayam

Kottayam has grabbed the title of the first town in India to attain 100% adult literacy. It is also the first state that was selected by the Ministry of Environment and Forests, Government of India, to be transformed into an Eco-City. The mesmerizing beauty of Vembanad backwaters can be enjoyed closely from this city. A major percentage of NRIs from Kerala hails from Kottayam. Therefore, the people of Kottayam has expressed no qualms in welcoming a modern lifestyle with open arms. With many real estate players exploring the potential of Kottayam, the land of letters has transformed into an investor-friendly destination. If you are planning to buy a new home in Kerala, Kottayam is an ideal destination to settle down. Following are a few reasons to  invest in flats in Kottayam

  1. Industrial Development

Kottayam is the trading hub of spices and commercial crops. The city has a thriving rubber industry and houses the administrative office of the renowned Rubber Board of India. Many small and medium enterprises in Kottayam are into the processing of latex and manufacturing of rubber products. The city is also home to the headquarters of Plantation Corporation of Kerala. Therefore, Kottayam can be the ideal location for those aspiring to enter these business segments. Kottayam has a very bright industrial profile, and it opens up fresh avenues for entrepreneurial opportunities. 

  1. Kottayam as a tourist destination

Kottayam, a city that lies in the basin of the Meenachil River, has a pleasant and moderate climate throughout the year. The  Vembanad Lake located in Kumarakom, Kottayam is famous for houseboats and backwater tourism. Many famous places of worship and historical monuments including the Vaikom Mahadeva Temple and St Mary’s Orthodox Church are located in Kottayam. The town is bestowed with natural bounties like rivers, lakes, backwaters and hills. Illikkal rock and Elaveezha Poonchira are ideal destinations for trekking near Kottayam. Kumarakom Bird Sanctuary, Pathiramanal Island and Nadukani are other tourist attractions that serve as perfect weekend getaways from Kottayam. Since the city has many tourist spots, investors can even consider the option of a second home in Kottayam.

  1. Infrastructure & Connectivity

Kottayam has a well-established network of roads and railways. The city has good connectivity with Cochin and Thrissur, which is a great advantage to the daily commuters to these neighbouring cities. Kottayam also has easy access to the capital city Thiruvananthapuram, which is at a distance of 146 km. The nearest airport is Cochin International Airport which is located at a distance of 80 km. The city is connected to other major towns in the district like Palai, Erattupetta, and Vaikom. Kottayam Railway Station and Changanassery Railway Station are two major railway stations located near Kottayam, at a distance of 1.4 km and 18 km respectively.

  1. High land appreciation value

The value of real estate properties keeps increasing with each passing year. If you are planning to expand your investment portfolio in Kerala, Kottayam will be an excellent choice. Apartments in Kottayam will guarantee attractive financial returns. Kottayam is also a perfect investment destination for NRIs as they can own a home in their native place without compromising on their lifestyle.

We hope that this article was helpful to you. If you are looking for brand new flats in Kottayam, Confident Group has tailor-made apartment projects for you in the city. 

For more details, contact us at 0481 2943333.

ABOUT THE AUTHOR

As the most trusted real estate brand in the nation, we at Confident Group strive to create a positive, smooth and transparent medium for potential home buyers with anything and everything related to home purchase. We provide informative and engaging articles which cover useful details across many verticals from the real estate sector. Our 2-decade long expertise in building infrastructure projects across Kerala and abroad backed by the trust of over 10,000 customers earned us the reputation of being the best as a real estate brand in Asia. We hope that our blogs will help in translating our experience for the prospective buyers who are looking for their dream home.

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