highly relevant in Kochi. The commercial capital of Kerala is now in the news due to a variety of reasons for a long period of time. The return of a large number of the expatriate population back to their home state is one significant development. The rise in mega investments by these people with international exposures is another development. The phenomenal appreciation of the Indian rupee versus almost all the major currencies of the world is another factor that has had a major say in the migration patterns of the people of this picturesque state.

In earlier times, getting a job in the hot Middle East destinations was the highest priority for most of the educated skilled and semi-skilled people. The better economic opportunities in the overseas destinations fuelled this phenomenal outflow of human resources from the state. But in recent times due to the dwindling economic opportunities and also the low wages a reverse migration is being witnessed, with a large number of the expatriate Indians considering to make use of the economic opportunities on offer in their home destinations.

When analyzing the real estate scenario in Kerala, the real estate values in the major cities of Trivandrum, Kochi and Kozhikode have always been on the higher side. But the developments in the Kochi Real Estate sector are an exception. No other city or district in Kerala has seen so much business development and subsequent increase in property values as in Kochi city. The property values in Kochi are going to appreciate further within a period of time.