Due to the present Covid 19 spread, NRI working professionals both keralites & non-keralites returned back to Kerala, which is the biggest reverse migration in recent time. We have seen such migrations before during the war times & financial crisis of 2008. Despite this situation the sales of apartments increased in Kerala and this has shown a big growth in the real estate industry.
Another important thing is that during this covid situation, Kerala government’s effective preventive measures have made interests in NRI’s to invest in real estate in Kerala, especially in the sales of budget friendly apartments..
When financial shocks due to the coronavirus outbreak hit the West Asian economy, lakhs of Indians and their families settled there had only one choice: return. This reverse migration-led rebound in home sales in Kerala comes at a time when the real estate sector has suffered a huge blow elsewhere in India owing to covid-19. The enquiries have also increased now by almost three times compared to previous year.
Financial protection is the main motive for everyone so the real estate investors will seek greater transparency and trust in their investments. As economies expand, the demand for real estate drives rents higher and this, in turn, translates into higher capital values which make real estate a secure investment in that sense. Financial security is foremost on people’s minds and one must deploy their money through multiple avenues. In the current situation, real estate offers you the best bet — stability, security and safety.
VFIVE Homes is the fastest growing builder in Kerala brings to you quality and affordable homes you can trust in. Enhancing lives is almost a cultural constant,a lens through which we envision our every project and each minute detail in it . We are committed to ensure that the experience is rewarding.
Thiruvananthapuram, the capital city, is in a constant quest for spaces that can not only accommodate but also build efficiencies for its everyday fight of ambition and purpose-led growth