Kochi, also known as Cochin, the commercial capital of Kerala, has emerged as one of the preferred tier-2 cities for real estate investment. The emergence of several IT companies and other MNCs in recent years has attracted a lot of young professionals to the city, significantly impacting the housing demand in the city. Moreover, Kochi has been a favourable choice for NRI investors and expatriates, creating a strong demand for high-end homes. Further, the city has an operational metro network and enjoys good connectivity to key cities through arterial roads. In this guide, we list the top localities to buy a house in Kochi.
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Kochi Property Market Trends 2025
The real estate landscape of Kochi has seen a significant transformation in recent years. From being a traditional investment destination mainly for NRIs and expatriates, the city has now evolved to cater to homebuyers seeking an aspirational lifestyle with an increased preference for
luxurious waterfront apartments and affordable residential spaces in modern gated communities. Affordability continues to be a key factor driving the demand for real estate in the city. The average property price in Kochi is Rs 5,321 per sqft.
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Key growth drivers of the Kochi property market
- Bustling industries and booming IT sector: Tourism is a major sector that drives the economy in the city. Moreover, the emergence of the IT sector is another key growth driver for Kochi, creating ample job opportunities and a high demand for housing.
- Increasing rental demand: Steady demand for rented homes is seen in areas close to commercial hubs, including Kakkanad, Tripunithura, Edappally and Marine Drive.
- Smart city initiatives: The government’s focus on developing Kochi as a smart city has positively impacted the city’s real estate market.
- Infrastructure developments: Besides the smart city project, infrastructure projects such as the Kochi Metro have steered new real estate developments in the city.
- Affordability: Compared to the top metropolitan cities of India, Kochi is an upcoming tier-2 city that is attracting a lot of real estate investors and homebuyers owing to the affordability factor.
- Location advantages: The city’s strategic positioning with picturesque locations attracts a lot of aspiring homebuyers who wish to own a home away from the hustle and bustle of city life.
Top localities to buy a property in Kochi
Top localities in Kochi | Average prices (in Rs per sqft) | Price appreciation (YoY) | Monthly rentals |
Kakkanad | Rs 5,664 | +9.18% | Rs 33,000 |
Edappally | Rs 5,324 | -18.58% | Rs 35,000 |
Vyttila | Rs 6,500 | -16.56% | Rs 16,800 |
Marine Drive | Rs 9,500 | +1.14% | Rs 45,000 |
Kaloor | Rs 6,100 | -8.27% | Rs 37,000 |
Ernakulam | Rs 6,100 | – | Rs 13,500 |
Vaduthala | Rs 4,300 | -3.63% | Rs 12,500 |
Kadavanthra | Rs 7,800 | +1.57% | Rs 23,000 |
Elamakkara | Rs 4,900 | -19.44% | Rs 21,750 |
Maradu | Rs 4,000 | -12.36% | Rs 19,500 |
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#1. Kakkanad
Kakkanad is an industrial and residential locality in East Kochi. The Cochin International Airport is nearly 24 km from the area. The Palarivattom Metro Station is the nearest metro station to Kakkanad. The residents have access to well-developed social infrastructural facilities, including schools, hospitals, malls, etc. There are several IT parks located in the vicinity. The Seaport-Airport Road connects the area to Infopark Road.
Pros: The area has location advantages and good connectivity to different parts of the city.
Cons: The area is prone to pollution and traffic jams.
Property options: There are modern residential projects offering 2 and 3BHK homes.
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#2. Edappally
Edappally is a well-developed suburb of Kochi and a residential and commercial locality. The area has good educational institutions and other social infrastructural facilities such as markets, malls, schools, etc. Public transport facilities are easily available in the area. The Cochin International Airport is nearly 22 km from the area.
Pros: The area has good connectivity and social amenities.
Cons: Traffic issues and pollution are among the key concerns of the residents.
Property options: There are 2 and 3 BHK apartments, penthouses and villas available for homebuyers.
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#3. Vyttila
Vyttila is one of the largest and busiest intersections in Kochi, meeting at the National Highway 47, which is a major intersection point for three city roads of Kochi, such as the S. A. Road, the Vyttila-Petta Road and the Thammanam Road. The Cochin International Airport, which is well-connected via Salem-Kochi-Kanyakumari Highway, is around 28 km from the locality. The Vytilla Junction on the Aroor-Edapally bypass is a key junction in Kerala, connecting the district headquarters of Kottayam to the Kochi city centre. There is a bustling commercial hub, which includes the Info Park, in the vicinity.
Pros: It is a premium neighbourhood with good connectivity and well-developed social infrastructure.
Cons: The area is prone to frequent traffic jams and high pollution.
Property options: Affordable and luxury housing options are available for homebuyers. There are modern residential projects offering 2, 3, 4 and 5BHk apartments.
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#4. Marine Drive
Marine Drive is a prime locality in Ernakulam, facing the Kerala backwaters. The area witnesses commercial activities and has several social amenities, including shopping malls, shops, bars and restaurants, eateries, etc. There are public transport facilities and a metro station in the locality. The Cochin International Airport is around 28 km from the area.
Pros: It is a bustling locality with good connectivity.
Cons: The area is prone to frequent traffic jams and high pollution.
Property options: The area offers several new and resale properties. There are some under-construction residential projects available for investment.
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#5. Kaloor
Kaloor is one of the largest and busiest intersections in Kochi, linking the National Highway 47. The Cochin International Airport, which is well-connected via the Salem-Kochi-Kanyakumari Highway, is around 25 km from the locality. There is a commercial hub in the vicinity, which includes the Info Park and tech parks with renowned companies like Cognizant, Ernst & Young, Wipro, HCL, KPMG, etc. Social amenities such as banks, schools, hospitals, etc., are also available.
Pros: The area has easy access to employment hubs and has good metro connectivity.
Cons: Frequent traffic jams and high pollution are some key concerns of the residents.
Property options: There are 2, 3 and 4 BHK homes catering to different home buyers.
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#6. Ernakulam
Ernakulam is the central business district (CBD), located in eastern Kochi. The area enjoys good connectivity through the National Highways 544 and 66 and the KSRTC bus networks. The airport is around 27 km from the area, while the railway station is within 5 km from the locality. The area is also home to reputed educational institutions such as the Cochin University of Science and Technology, Maharajas College and KMEA Engineering College, which attracts many students.
Pros: Ernakulam is a thriving locality with good public transportation facilities and road connectivity.
Cons: The area faces frequent traffic jams and pollution issues.
Property options: There are many under-construction and ready-to-move-in properties available for homebuyers.
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#7. Vaduthala
Vaduthala is a bustling suburb of Kochi located close to popular localities such as Elamakkara in the east and Mulavukad in the west. It is well-connected to nearby areas through roadways, railways and waterways. Edappally Railway Station and Ernakulam Town-North Railway Station are the nearest railway stations, while the Cochin International Airport is around 28 km away.
Pros: The area has well-developed social infrastructure and good road connectivity.
Cons: The area witnesses frequent traffic jams.
Property options: Modern apartments, independent houses, and residential plots are available for homebuyers.
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#8. Kadavanthra
Kadavanthra is a fast-developing locality that has transformed into a premium residential neighbourhood in Kochi. The Cochin International Airport is well-connected via the Salem-Kochi-Kanyakumari Highway. Social infrastructural facilities include schools, healthcare facilities, shopping malls, etc.
Pros: The area has good metro and road connectivity.
Cons: The area witnesses pollution and frequent traffic jams.
Property options: Modern 2 and 3BHK homes, luxury houses, and residential plots are available for buyers.
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#9. Elamakkara
Elamakkara is a prime residential locality of Kochi with a well-developed infrastructure. The area is well connected to other parts of the city by road, such as Palarivattom -Edappally Road, BTS Road, and Pottakuzhy Road. Metro connectivity is provided at Palarivattom (Blue line) and Changampuzha Park. Social infrastructure is well-developed and includes schools, hospitals, etc. There are technology parks in the vicinity, providing ample employment opportunities. The airport is easily accessible and is located around 25 km away.
Pros: Elamakkara is a bustling area with good connectivity and access to employment hubs.
Cons: The area witnesses pollution and frequent traffic jams.
Property options: Modern apartments of 2 and 3BHK sizes are available, catering to the affordable and luxury segment.
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#10. Maradu
Maradu is an emerging locality in Kochi with good connectivity to arterial roads such as NH- 47A and the Ettumanoor-Ernakulam Road. Social infrastructure is well-developed and includes schools, healthcare facilities, shopping malls, etc. The Petta Station on the Kochi Metro Blue Line is 3 km from the area.
Pros: The area is well-connected to other parts of the city and has ample public transport facilities.
Cons: Poor condition, parking issues and traffic jams are some of the key concerns of the residents.
Property options: There are ample 2 and 3BHK properties available for sale.
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Housing.com News Viewpoint
Kochi presents ample opportunities for real estate investors and buyers. The city’s residential market witnesses steady growth, owing to the rapid infrastructure developments. Several reputed developers are coming with new residential projects in the city. If you are planning to buy a property, here are the key things to consider:
- Location: Make sure to assess the neighbourhood for easy access to employment hubs and essential social infrastructural facilities.
- Legal aspects: As a homebuyer, one should be aware of the legal aspects of property purchase. This includes verifying property ownership documents and payment of stamp duty and registration charges. One can consult a legal professional for guidance.
FAQs
What are the top localities to live in Kochi?
Kakkanad, Vytilla, Kaloor and Ernakulam are some of the popular residential localities in Kochi.
Are properties in Kochi affordable?
Yes, property rates in Kochi are affordable compared to metro cities.
Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |