Today, Non Resident Indians (NRIs) are leaving a big mark on the Kerala real estate scene. They bring demand through smart buys tied to personal connections or long-term goals.
Instead of just emotion, many NRIs now look at returns increased by better internet and roads that guide their choices. Buyers are also after high end flats, vacation houses, or commercial spaces. As a result, premium areas and properties are seeing steady price growth.
Alongside local buyers, NRI real estate adds steadiness to the market. While feelings still matter, practical gains play a bigger role than before. To understand how demand from NRIs affects the real estate market of Kerala, read below.
Key Drivers of NRI Interest
Emotion ties to Kerala pull NRIs mostly from Gulf nations to buy flats in Kochi. Others also come from America, Europe, or Australia. People who want a place to retire, live with loved ones, or earn steady rent come to Kerala.
Top hospitals, global-standard schools, plus calm waterways and cool highlands make the state tempting.
Many NRIs pick flats they can live in later but also rent through guest stays or short-term lets. Better internet tools like video walkthroughs and web based property files on ReLIS help them buy without being there, so distance is not an issue anymore.
Hotspots Leading the Surge
Kochi stays ahead for NRI investment in Kerala due to its global airport, tech zones including Infopark, and upscale lakefront projects along Marine Drive, Kakkanad, and Edappilly. The projects here are great for renting out or selling later.
Instead of cities, places like Munnar, Vagamon, and Wayanad pull buyers looking for green homes amid tea estates, promoting nature-based living.
Meanwhile, spots near water networks like Kumarakom, Alappuzha, and Varkala draw interest in coastal approved houses plus health-focused resorts. Towns outside big metros like Perinthalmanna and Kazhakootam are gaining ground due to lower costs yet solid growth down the line.
Market Impacts and Price Dynamics
NRI interest adds a price boost in high-end areas, where they make up the majority of buyers, pushing values up fast in sought-after spots. Meanwhile, local purchasers dominate mid-tier flats, keeping the market of builders in Kerala steady and active.
Offices and rental units near tech zones or holiday destinations deliver solid income, shifting attention beyond houses alone. Together, this mix helps withstand market swings, especially since NRIs own around half of tourism-linked and business properties.
NRI interest adds a price boost in high-end areas, where they make up the majority of buyers, pushing values up fast in sought-after spots. Meanwhile, local purchasers dominate mid-tier flats, keeping the market of builders in Kerala steady and active.
Summary
Hopefully, you now know everything you need to know about buying flats in Trivandrum and across Kerala as an NRI. If you are considering investing in the state’s growing property market, Asset Homes can help you explore trusted options.
Find premium flats in Kochi and nearby areas, perfect for real estate buyers looking for solid profits with a personal touch. Connect with Asset Homes, the go-to choice for NRI-focused deals and begin shaping your future in God’s Own Country.
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