Understanding the Pulse of Calicut’s Real Estate Market

Calicut or Kozhikode as it is also known, is an eclectic combination of rich heritage, modern aspirations, and cosmopolitan living. A vibrant coastal city, it is one of the most preferred destinations for real estate investors in Kerala, especially when it comes to premium properties. 

Whether it is Malayalos living outside Kerala, NRIs, or middle-class families in Calicut, they are all looking for the right way to invest in Kerala real estate. The key to that is understanding the pulse of Calicut. 

Investors will be able to decide their real estate investment strategies in Calicut like whether they want to rent out residences or invest for long term appreciation, once they understand the trends and the nature of real estate in the city.

Why is Calicut’s Real Estate Market Booming?

Calicut is a city with a rich past of trade and commerce; the ancient port was a hub for exporting spices, fabric, and coir. Today, the IT industry is growing by leaps and bounds thanks to the many facilities provided by the government. The establishment of private and government owned IT parks, easy financing, incubation hubs, training programs, and so on, have helped this industry make giant strides, putting Calicut on India’s IT map. 

This has given rise to innumerable entrepreneurship and employment opportunities, attracting professionals from all over the country. Infrastructure development is also progressing in full swing: 6 lane highways, arterial roads and state highways are being constructed, reducing travel time significantly. These international standard roads connect the city to the rest of the state and important destinations in India. The railway station offers excellent connectivity to various cities in the nation while the international airport acts as the gateway to the world.

According to Knight Frank’s India Real Estate Report (2024), Tier-2 cities like Calicut are witnessing an average annual growth of 15–20% for housing demand, and especially for premium apartments. This is driven by the following factors:

• Increased NRI interest, as Malayalis in the Gulf countries are investing heavily in Calicut for both personal reasons and as pure investment
• Urban migration has risen, with qualified professionals from smaller towns coming to Calicut in search of more lucrative opportunities
• Calicut is home to a number of renowned educational institutions, attracting students and faculty in large numbers, boosting demand for rental properties.

Understanding the pulse of Calicut means recognizing that the city is transitioning from an ancient coastal commercial hub into a modern urban market with tremendous potential.

Apartments in Calicut: Lifestyle Meets Investment

Homebuyers today want a lot more than a functional residence; they want residences that they can show off and make a statement with: gated communities, premium localities, modern amenities, and more. Builders today are building apartments in Calicut to fulfil these requirements of discerning homeowners.

Here are some things you can expect from premium projects in Calicut:

• Gym and fitness centre
• Clubhouse and indoor games
• Sauna and steam room
• Swimming pool
• 24 hour security, CCTV surveillance, biometric access, and electronic barriers for vehicles
• Smart layouts, sustainable design, and use of materials that promote energy efficiency
• Grand lobbies, reception areas, and landscaped gardens
• Children’s’ play area with equipment, courts for various sports
• Party hall, A/V room, library etc. that promote community living

Any buyer who wants a combination of comfort, value appreciation, and prestige will definitely want to invest in such premium apartments; it is guaranteed to be one of the smartest real estate investment decisions you can make.

Rental Trends in Calicut

One of the most appealing aspects for NRIs and investors is Calicut’s strong rental market. According to a recent Housing.com  survey on rental trends, rental yields in Kerala’s Tier-2 cities have gone up by 12–15% over the past three years.

In Calicut:

Areas near UL Cyberpark and the medical college see the highest rental demand.

Premium apartments command higher rents from IT professionals and doctors.

Student housing continues to be a strong sub-market, ensuring consistent demand.

If you’re understanding the pulse of Calicut, it becomes clear that rental income is not just supplementary but a central factor in making investment decisions.

Real Estate Investment Strategies in Calicut

Are you considering Calicut as your next big move? You just might want to consider these smart strategies:

• Look at lifestyle or premium apartments; these will appreciate much more in value than regular apartments in the long run. With incomes rising and double incomes becoming the norm, there is more disposable income in the hands of families, and a higher demand for luxury residences.
• Check out infrastructure corridors like areas near IT hubs and national highway zones
• Invest in properties that are likely to fetch high rents like apartments close to IT parks, hospitals, colleges, schools, or business hubs.
• Make sure that the buildings you shortlist are approved by RERA, and the builders have transparent dealings. Gulf-based NRIs prefer such projects.

What’s the Next Big Thing in Real Estate Investment in Calicut?

The next big thing in real estate investment is the preference for residences that are sustainable and have a host of amenities that make living comfortable, convenient, and secure. Promotion of eco-friendly lifestyles with measures like rainwater harvesting, solar power, solar control glass, and other energy-efficient designs, are already popular, and gaining even more traction now.

This is about being part of a progressive community, ensuring property appreciation, and a feeling of prestige at owning such a premium property, all combined.

Conclusion

Calicut presents a golden opportunity for NRIs, upper middle-class families, and professionals as far as real estate investment is concerned. By understanding the pulse of Calicut, you can easily navigate the market trends regarding rental income and value appreciation, explore lifestyle apartments, and play it smart regarding property investment.

PVS Builders offers you exquisite premium apartments in some of the best localities of Calicut. With RERA approval, transparent transactions, and exemplary customer service, we promise you an excellent purchase experience with us.