The future of Kerala economy is expected to be a glorious one. With a greater influx of liquid funds and a liberal RBI policy, there is increased competition among the banks and other financial institutions to finance the private and public sector. The ultimate gainer has been the commoner.
There is an increased desire to acquire property among both the resident and non-resident Keralites. This is primarily due to the improved status of lifestyle facilities in the state. This has led to increased popularity to the destination as a whole. More and more educated and well-placed families decide to settle in Kerala
The improved education, medical and other indispensable amenities of the modern life are easily available often at par with other major metropolitan centers of the country. This has persuaded more and more people to choose Kerala as their preferred location to settle down.
Kerala flat and apartment owners are some of the few privileged class who have the best of all. The climatic conditions, scarcity of land among other factors make flats and apartments the best residential spaces in Kerala. The trend currently is to buy a flat or an apartment in one of the major cities of Kerala for personal use or as an investment.
The trends and prospects of bustling real estate sector points towards a bright, uphill ascent. Without doubt, the present infrastructure needs further upgradation. The Government has to endeavor towards revamping of basic amenities like electric supply, sewerage and so on.
