Growing Demand for Residential Properties in Calicut

Calicut city is widely known for its rich culture, delicious cuisine, beautiful beaches, and its historical significance as an international port. But the city has recently observed a huge surge in its real estate market. The economic development, improved infrastructure, and rising population have brought an increased demand for residential properties in Calicut. The new homebuyers are looking for comfortable residential spaces, specifically apartments in Calicut. However, finding reliable builders in Calicut can often be a hassle due to the highly competitive real estate market. When it comes to finding reliable builders in Calicut, Desai Homes stands out as the reliable and trustworthy choice when it comes to investing in residential properties around Calicut. 

Factors Driving the Demand for Residential Properties in Calicut

With an extremely thriving economic landscape, Calicut has evolved to cater as a real estate hotspot. Finding the proper residential properties in Calicut has become highly demanding due to this. While finding the right flats in Calicut that fit your requirements may feel like an arduous task, understanding the factors that drive this demand can help you navigate the market with ease. Let us look at some of the factors that drive the demand for apartments in Calicut:

• Thriving Economy and Job Opportunities: The gradual and organic expansion of IT hubs and business sectors provides numerous job opportunities and openings, attracting professionals and freshers looking for new jobs. This contributes towards an increase in demand for residential spaces, especially close to the Cyberpark, HiLite Business Park and areas where most of these offices are located.
• Improved Infrastructure and Connectivity: Calicut has experienced a thorough transformation through its significant infrastructure development. The connection to key roadways, access to the Calicut International Airport, and the city’s well-placed railway systems allow individuals to traverse around without ease and comfort - making it the perfect place to settle down.
• Educational & Healthcare Facilities: Calicut houses numerous prestigious and renowned educational institutions. From the Indian Institute of Management Kozhikode to the National Institute of Technology Calicut to schools like Kendriya Vidyalaya - Calicut offers a safe and excellent environment for students to grow. Moreover, there are premium hospitals situated all across the region - Aster MIMS, Baby Memorial Hospital and Government Medical College.
• Cultural & Lifestyle Appeal: Calicut City’s most appraised appeal is its beaches, which contribute towards a picturesque coastline. Additionally, the ease of access to modern conveniences such as Focus Mall and HiLite Mall are perfect reasons to invest in flats in Calicut. When it comes to the regional culture, The Malabar Mahotsavam festival takes the main stage in addition to landmarks such as Mananchira Square and Tali Temple. The city is also famous for its culinary heritage - Malabar biriyani and halwa!
• Increasing NRI Investments: The latest sources reflect major investments from NRIs across prime locations in Calicut. Mainly due to the impressive property appreciation potential, favorable exchange rates, and attractive rental yields of 3-5%. But mostly, NRIs with roots in Calicut invest in residential spaces to maintain the emotional connection to their native land.

Also Read: Why Buying Apartment in Kerala is Considered One of the Smartest Investment Choices

Types of Residential Properties in High Demand

Calicut offers vibrant residential spaces that cater to the city’s growing population. From affordable homes to premium villas, the real estate market provides residential solutions required for your family, budget, and lifestyle preferences. Find the major types of residential properties in demand in Calicut below:

Apartments and Flats: Modern apartments and flats in Calicut provide 24/7 security and other major amenities and facilities. These are perfect for professionals and small families, as it offers a calm, serene, and hassle-free urban environment for living. 

Villas & Independent Homes: Luxury villas and independent homes across Calicut reflect a blend of modern amenities and facilities with traditional Kerala architecture. These are usually preferred by working professionals, VIPs, and NRIs seeking a more exclusive living environment. 

Affordable Housing Projects: Budget-friendly homes that do not compromise lifestyle quality, are perfect for individuals, and small families or buyers who are investing for the first time in Calicut’s real estate market.

Gated Communities: Gated communities combine security and luxury lifestyle requirements such as swimming pools, landscaped gardens, clubhouses, and more. This section is perfect for families who are seeking safety as well as a community-based life. 

Key Locations for Buying a Home in Calicut

Find below the major locations that are suitable for investing in apartments in Calicut:

Kozhikode City Center: This region of the city is perfect as it is extensively accessible, and provides modern architecture and appropriate conveniences and amenities. This area might be expensive as it is usually preferred by professionals and business owners looking for space that is well connected throughout. 

Near Cyber Park & IT Hubs: The surge in the growth of IT hubs has transformed the nearby areas into real estate hotspots. Apartments in this locality offer shorter commute times for professionals to their work and more updated amenities and facilities to cater to international and national residents.

Beachside & Scenic Locations: Beachside properties are more luxurious and premium choices, they provide stunning views and a more serene environment, away from the city side yet easily accessible. This is usually preferred by NRIs, businessmen, and HNIs.

Developing Suburban Areas: The suburban areas have witnessed a rise in the development of their infrastructures, making them the first choice for first-time buyers and investors looking for flats in Calicut. These areas promise better ROI and long-term real estate value appreciation. 

Also Read: Legal Documents and Checklist to Verify Before Buying an Apartment in Kerala

Why Choose Desai Homes While Investing in Apartments in Calicut?

In a demanding real estate market like Calicut, finding the perfect home is more than just choosing a residential space; it relies on choosing reliable and trustworthy builders in Calicut. With over decades of experience in the industry, Desai Homes has built well-designed apartments all across Kerala, providing a convenient and comfortable life. 

At Desai Homes, all our projects are built with high-grade materials, using the latest technologies to build flats that last long. All our apartments offer a spacious experience that reflects structural integrity and peak design. 

Our new apartment in Calicut - DD Green Crest, promises exceptional lifestyle experiences. Located at Kottooli, Kozhikode, the apartment is accessible and extremely close to all the major facilities. With 2 and 3 BHK apartments designed for luxurious and spacious life, you get to live in a serene and calm environment, placed away from the crowded city life. 

Come find perfect apartments in Calicut that suit your needs and requirements with Desai Homes. Contact us today to find a home that stands atop the rapidly growing real estate market, backed by quality construction and exceptional services.