Calicut, one of the prime regions that line the Malabar Coast, is now a fast developing metropolitan city that is considered second pivotal in the state. The exponential growth has also made it a hotspot for real estate investments by NRIs and the presence of key players among builders and developers have drastically transformed the real estate options in the city.
Here are 5 key reasons why Calicut is the preferred property destination for the NRIs.
- Good Connectivity
Perfectly positioned at the centre point in North Kerala, Calicut enjoys seamless connectivity through the major transportation modes of highways, railway and international airport. The city is also well connected to the nearby metropolitans of Bangalore, Mysore and Mangalore.
- Advanced social infrastructure
Being a growing metropolitan, Calicut is equipped with advanced social infrastructure through the presence of strong healthcare and educational verticals. The city is home to the country’s finest institutions like Indian Institute of Management, National Institute of Technology and medical centres like Calicut Government Medical College, Aster MIMS etc.
- Robust IT Hub
The IT boom in the state has made a stronghold at Calicut also with the development of IT parks and software companies. Major IT projects and software deals are rolled by these centres making the city a growing It hub in South India.
- Calm and peaceful environment
Bordered by the misty mountains of Wayanad to the east, the might Arabian Sea to the west and blessed with lush green country sides, tranquil beaches and wildlife sanctuaries, nature can be found in abundance in the city making it a wondrous destination. The rich cultural heritage and friendly ambience unique to Calicut gives it the title of one of the best cities to live in Kerala.
- Good Rental Returns
With a strong IT hub, a growing number of mall & retail chains and many social infrastructures, investing in the property market of Calicut is perfect as it yields good rental returns.
When planning to invest in Calicut, Landmark World, the premium flagship project of Calicut Landmark Builders cannot be overlooked upon because of the multitude of amenities it offer to put forth a dream worthy urban lifestyle with spacious 1/2/3/4 BHKs, residential duplexes and studio apartments in calicut, complimented with ultra-modern facilities, not to mention the picture-perfect location of the project.