Rising importance of Calicut in Kerala real estate

The popularity of Calicut is thriving and it is one of the most liked places for people who want to invest in real estate in Kerala. Many of the NRIs are preferring Calicut over other places as their post-retirement destination. Not only NRIs but local residents are also planning to settle down in Calicut because this place is crammed with many facilities and the environment is also comfortable here. That’s why many builders in Calicut are offering luxury apartments in Calicut at a reasonable rate. Here, we are mentioning some points why Calicut is gaining popularity.

Close proximity to Calicut international airport:

Calicut is very close to the famous Calicut International Airport or Karipur Airport which is located in Karipur. Calicut is just only 34 km away from this popular airport. Moreover, Kozhikode railway station or Calicut railway station is a famous railway station which connects Calicut with other places. This railway station is ranked 3rd in Kerala.

IT and industrial hub:

Calicut is the heart of IT and industrial development. Every company has their offices in Kozhikode or Calicut and Cyberpark and UL Cyberparks are the two prominent places for all the IT developments. Calicut is crammed with near about 40 prodigious IT companies and many government offices. Many education institutes like IIM Kozhikode is situated here and that’s why this place is growing as the major IT hub in India. Therefore, the demand for real estate properties seems to be quite high in Calicut.

Facilities and amenities:

Many builders in Calicut are developing various residential properties for the dwellers which are thronged with all the latest amenities like gym, shopping center, indoor game zone, outdoor area, separate parking, swimming pool, etc. Not only this, Calicut is jam-packed with many renowned colleges, schools, and universities where people can explore their careers and can make their future better. With many hospitals, colleges, shopping centers, theatre, etc. living in Calicut would be an absolute comfort even if you are a newcomer to the city.

Climate:

The climate is another reason behind the rising popularity of Calicut in Kerala real estate. Calicut has a moderate temperature during the summer and the winter season. So, you can lead a comfortable and convenient life throughout the year. That’s why investors are preferring this place over the others.

A stable social situation:

Calicut is a very cultured place in Kerala. There are many temples and shrines in Calicut. Moreover, this place has a stable social and political environment. You won’t find not many criminals or unscrupulous person here because most of the people lead a peaceful life in Calicut. These are some reasons behind the popularity of Calicut in Kerala real estate markets. Calicut real estate market is flouring day by day. Here, you can find a wide range of real estate options like houses, luxury villas, flats, and apartments. So, depending on your budget, you can purchase any of them and can lead a wholesome life there.