The villas in kerala became much popular as a result of the state’s development in various sectors. The tourism, infrastructure and the IT sector contribute the lion’s share to this fame. Kerala tourism is flourishing constantly each year, resulting in increase in the number of tourists each season. The scenic spots and aesthetics of ‘Gods’ own country’ are attracting not only the foreigners but also the natives. People are widely seen purchasing villas near lush green vegetation and backwaters. They want their residence to be in calm places away from the busy urban streets.
Villas in the heart of the busy city too have high demand. Many of the people, especially the youngsters now work in the booming IT sector, and are placed with a fairly decent salary. They want to own their home at the earliest, unlike in the past when people concentrated on savings and thought of homes at a later stage. People conveniently purchase those near their job locations. Most of them want the most luxurious one that they can have. The bank loan offers are a boon as they not only provide financial support but also help in getting tax exemptions. Owning villas is thus a means of investment too. People have started realizing that investing in real estate is far better and profitable than any other field.
Villas are available both in luxury and premium categories. Though the former one is costlier than the latter, the demand is equal for both the categories. People now do not want to compromise for anything but the best.