Top localities to rent a property in Kochi

Kochi is among the emerging tier-2 cities in southern India, which has become a favourable destination for real estate investors. The city’s strategic location, excellent road connectivity, bustling tourism sector, growing IT hubs, and expanding infrastructure, including the Kochi Metro, are key reasons for its real estate growth. Owing to these factors, the city’s demand for housing, including rented homes, has significantly increased. In this article, we list the top localities to rent a property in Kochi.

Rental market trends in Kochi

Kochi has emerged as a real estate destination in recent years owing to the growth of the IT sector, tourism and infrastructural developments. Several leading developers are coming up with new residential projects in the city, offering ample opportunities for buyers to invest in a property and earn rental income, with rental yields ranging around 3% to 5%. The rental rates in Kochi are affordable, ranging from Rs 10,000 to Rs 45,000.

Key drivers of the residential rental market in Kochi

• Booming IT sector: The growth of IT sector companies in Kochi has led to more job opportunities and a high demand for rented homes, especially among working professionals. Infopark, Marine Drive and MG Road are some of the localities where the growth is seen.
• Infrastructure developments: Infrastructure projects such as the Kochi Metro have led to increased commercial developments along the route. The growth of the residential segment is also significant.

Top localities to rent a property in Kochi

#1. Edappally

Edappally is a suburb of Kochi with a well-developed social infrastructure, including reputed educational institutions, markets, malls, schools, etc. Public transport facilities are easily available in the area. The Cochin International Airport is nearly 22 km from the area.

Rental options: Renters can find independent houses and modern 2 and 3BHK apartments in gated housing projects.

#2. Vyttila

Located on National Highway 47 at the intersection of S. A. Road, the Vyttila-Petta Road and the Thammanam Road, Vyttila is a premium locality of Kochi. The area is a commercial hub, in the vicinity, which includes the Info Park. The Cochin International Airport is accessible via the Salem-Kochi-Kanyakumari Highway and is located 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.

Rental options: Independent houses, affordable and luxury housing flats are available for rent.

#3. Pukkattupady

Pukkattupady is a locality in Kochi with a well-developed social infrastructure. The Cochin International Airport is around 20 km from the locality, which is a major advantage. Public transportation is easily available. The locality is known for affordable renting and home-buying options.

Rental options: The area has several independent houses and apartments in gated communities that are available for rent.

#4. Tripunithura

Thrippunithura is a suburb in eastern Kochi city and popular for its temples and serene environment. The area has developed as a prominent residential destination owing to the presence of schools and colleges. Besides, there are other social infrastructural facilities. Arterial roads such as NH- 47A and the Ettumanoor-Ernakulam Road are well-connected to the area. Moreover, the Cochin International Airport is easily accessible from the locality.

Rental options: There are a wide range of housing options, including independent houses, 2 and 3BHK apartments and luxury villas.

#5. Marine Drive

Marine Drive is a bustling locality in Ernakulam, facing the Kerala backwaters. Shopping malls, shops, bars and restaurants, eateries, etc. and public transport facilities are available here. The area also has a metro station. The Cochin International Airport is around 28 km from the area.

Rental options: There are numerous rental options, from affordable homes to 3 and 4BHK luxury apartments.

#6. Angamaly

Angamaly is a prominent locality in Kochi, which is just 5.5 km from the Cochin International Airport. The National Highway 47 is a major road that goes from Aluva to Salem and Kanyakumari and passes via Coimbatore, Kochi, and Trivandrum. Social infrastructural facilities, including schools, colleges, malls, etc., are available.

Rental options: Independent houses, apartments and villas are available for renting.

#7. Thevara

Thevara is a suburb of Kochi, well-connected to arterial roads such as Thevara Ferry Road and Pandit Karuppan Road. The State Highway No 15 and National Highway No 47 are also at a short distance from the area. Social infrastructure is well-developed in the area, which includes schools, hospitals, malls, eateries, etc.

Rental options: There are independent builder floors, 2, 3 and 4BHK apartments and villas available for renting.

Housing.com News Viewpoint

If you plan to purchase an affordable property in a Tier-2 city, Kochi is a promising real estate destination offering opportunities to earn a steady rental income. If you are planning to rent a house in Kochi, make sure to consider factors such as connectivity, easy accessibility to offices or colleges, etc.

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