Kochi’s Marine Drive :NRI’s top pick
Kochi’s marine drive is one of the sought after property destination in the city.This picturesque promenade is popular among residents of the city,as well as tourists,due to the magnificent view of backwaters and Kochi harbour and its walkway which is ideal for a relaxing stroll.The Marine drive stretches from Jankar Jetty in the north to the ernakulam boat jetty in the south.
Despite the high demand for properties ,the price of land and property rates aren’t artificially inflated which makes the destination even more attractive.
Comparatively,the value of sea facing property in Kochi is less compared to other coastal properties in India.For example,a sea facing property in Mumbai commanding a base price of Rs.40 crores which means it is only meant for celebrities or those who are born rich and not for professionals who comes up with years of hard work.But in Kochi marine drive prices are in the range of Rs3-5 crores which is moderately affordable for well to do Keralites.
Even the building structures in marine drive is modern with concrete,glass and steel with flat facades rather than with typical roof with clay tiles and wood structures that is seen in Kerala. Moreover ,it is not a seculuded locale,so many malls and food outlets have sprung up which makes it a shopping destination too.