What Makes Calicut an Attractive Option for Investors?

Kerala is a land blessed with natural beauty, great weather, and an abundance of employment and entrepreneurial opportunities. Among the cities in Kerala, Calicut is a top choice because of its vibrant and eclectic culture, and a magical blend of tradition and modernity. The city was the gateway to Europe for trade since Vasco da Gama landed on its beaches in 1498. Today, it’s a bustling commercial hub, with a thriving spices, coir, and IT industries. A cosmopolitan city, Calicut has always attracted settlers from across India. In recent times, this trend has seen an upward curve, pushing the demand for real estate.

So What Makes Calicut an Attractive Option for Investors?

Safety

The city is a safe and secure place where you can go about without fear, even for little children, women, and senior citizens. The people are largely helpful and welcoming, and the chances of you getting mugged are very low.

Infrastructure

 Calicut is going through a transformative phase in infrastructure development. A number of highways are being developed to ensure faster connection to other major cities in Kerala and the rest of India. Calicut also has an excellent railway station and an international airport, bringing the world closer to the city.

Healthcare

Calicut is known for its outstanding medical facilities. The Govt medical college is one of the best in India, and an ultra-modern cancer hospital was recently opened. Additionally, there are a number of super specialty and multi-specialty hospitals providing superlative healthcare, making it a hub of medical tourism.

Education

From primary schools to university and institutes of higher education, you can find some of the best in the world here. Calicut boasts an IIM, an NIT, and other renowned international schools and colleges. Additionally, there are several notable institutes providing vocational training.

Shopping

Calicut has always been a major commercial center, and today there are several malls and shopping centers selling everything from local craft to global brands. The people of Calicut are spoiled for choice when it comes to shopping for clothes, accessories, decor, or home ware.

Entertainment and Recreation

In addition to a number of golden sandy beaches, Calicut has many parks, gardens, football turfs, and gaming arcades. World-class cinema halls, malls with game zones, and so on, are all available in the city. A short drive takes you out of the city where you can go hiking, trekking, boating, birdwatching, and so on.

Employment and Entrepreneurship

Calicut is rapidly emerging as a major IT hub, with a number of business parks and IT parks that have been started by the Govt and the private sector too. There is a lot of encouragement for startups, like incubation facilities, easy financing, utilities etc., attracting entrepreneurs and jobseekers alike.

Investing in Flats

All these factors have ensured that there is a high demand for residential property in the city. Flats are increasing preferred over standalone homes as they provide many benefits like security, community feeling, centralized maintenance, and more. However, there are some common risks in investing in flats in Calicut. You need to be aware of them and be diligent. 

Market fluctuation is the most common one; the volatility causes ups and downs frequently. The demand for apartments rises and falls based on several factors. By employing the right real estate investment strategies for first time buyers in Calicut, you can stay on top of these risks.

Consult with experts

Get your finances in order, make your budget, and apply for a housing loan so that you can invest in the property of your choice. Be cautious in your investment decisions and analyze the pros and cons of each property carefully. Compare the property value and returns. Consult with financial experts if required and diversify your investment portfolio. Ensure to have flexible financial options, clear Real Estate Investment Strategies in Calicut, and only then make a final decision.

Conclusion

Calicut is the food capital of Kerala, a safe and beautiful city that is also a commercially thriving place, and has a number of interesting tourist attractions. This itself is an answer to what makes Calicut an attractive option for investors? 

Additionally, the numerous employment and entrepreneurial opportunities make this city an ideal destination to migrate to and settle down.

To fulfil the demand for real estate, several apartment projects have been coming up, the most notable among them being PVS Builders. PVS apartments feature robust construction and top-notch amenities that open the doors to an elevated lifestyle.

FAQ

Why is Calicut considered a safe city for families and investors?

Calicut is renowned for its low crime rate, making it one of the safest cities in Kerala. The local community is known for being helpful and welcoming, creating a secure environment where children, women, and senior citizens can move about freely. This safety factor significantly enhances its appeal as a residential and investment destination.

How does the infrastructure in Calicut support business and lifestyle needs?

Calicut is experiencing a phase of extensive infrastructure development, with numerous highways improving connectivity to other major cities. The presence of an international airport and a well-connected railway station further integrates Calicut with global and national markets, supporting both business growth and lifestyle enhancements for residents.

What educational and healthcare facilities does Calicut offer to residents and expatriates?

Calicut is a hub for educational and medical excellence. It boasts premier institutions like an IIM and an NIT, alongside top-grade schools and vocational training institutes. The healthcare sector is equally robust, featuring a renowned government medical college and a state-of-the-art cancer hospital, among other specialty healthcare services. This combination makes Calicut attractive for families and professionals seeking high-quality living standards.