Investing in Calicut Real Estate: What Makes It a Smart Choice?

Are you looking to make some lucrative investment in real estate but are unsure of where exactly to do it? Is the only reason for your hesitation that you are unsure about the viability of your investment and the returns you may get? If that is the case, then we have some great news for you. We can help you make the right choice when it comes to real estate investment. Investing in Calicut real estate is a wise decision as it can give you a number of benefits.

What makes Calicut an attractive option for investors? 

Let us examine the reasons that make Calicut the number one choice for real estate investment:

Also Read: What Makes Calicut an Attractive Option for Investors

Historical Significance

Calicut is one of the most important cities in Kerala due to several factors. It has been a prominent city since ancient times and a major hub of trade and commerce. A port city, it contributed significantly to the economy of the state with ethe xport of fabric, spices, cashew, coir products, and so on. It was the first port in India that Europeans landed on to conduct trade with the country.

Commerce Hub

Calicut is one of the major commercial hubs of Kerala. Thanks to its strategic location, the city has a thriving economy. Apart from the traditional industries of copra, cashew, spices, and tiles, today Calicut is home to numerous shopping malls that carry products from national and international brands. One can also find several indigenous brands, boutiques, and large malls and hypermarkets.

IT Industry

With many private IT and business parks, and government cyberparks functioning in the city, there has been a surge in the number of startups being established here. The government has created a favourable ecosystem here by conducting free workshops, providing grants, easy finance, space, utilities at low costs, mentorship programs, incubation, and other facilities. This is one of the most important factors to consider while investing in real estate in Calicut. 

Connectivity

Calicut has an excellent network of national and state highways and arterial roads that connect it to rural areas in the state as well as major cities in the country. Its railway station is considered one of the best in the nation. The international airport provides a gateway to the rest of the world.

Health and Education

The city has some of the best healthcare facilities in the country. Ultra modern multi speciality hospitals, a large cancer hospital, a renowned medical college, and a number of smaller hospitals and clinics serve the residents of Calicut. 

It also has a large number of excellent schools, offering a range of curriculums, from state board to international. There are several highly reputed colleges, including professional colleges.

Entertainment and Recreation

The presence of large malls, game centres, play zones, parks, football turfs, cinema theatres, gyms, and so on, ensure that the citizens of Calicut are spoilt for choice when it comes to entertainment and recreation. There is something for every budget, and preference. The beach is another huge source of leisure for not just Calicut residents, but for those in neighbouring cities as well.

What Does this Mean for Calicut Real Estate?

When you have a city that has all these positive factors, you will find that it attracts people from all over the country, coming to take advantage of the endless opportunities for entrepreneurship and employment. There will also be a lot of floating population, like students, patients, and so on.

This pushes the demand for real estate. Those who come here to settle for good, as well as those who come for a temporary stay, all need good accommodation. This makes Calicut a great choice to invest in.

Real estate investment strategies in Calicut

Here are some strategies to consider:

• There are numerous flats for sale in calicut available. You can purchase one or more flats and let them out on rent for a steady monthly income.
• You can purchase a flat at the construction stage, when you will get it cheaper, and then sell it for a higher price when it’s ready.
• Buy a flat close to a major hospital and give it on daily or weekly rent; there are many patients who come from abroad, and even other parts of India.
• Convert your 2 or 3 BHK flat into a PG accommodation for students.

Also Read: Real Estate Investment Strategies in Calicut

Conclusion

Investing in Calicut Real Estate as you can see, can bring you exceptional returns on your investment. All you need to do is do your due diligence and so some research to ensure that you are investing in the right proeprty — like PVS Builders projects.

PVS Builders are one of the most reliable and reputed names in the real estate industry in Kerala. You can be assured of excellent quality and service when you buy a PVS home.