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Kerala is coming up for budget apartments

A recent study made on real estate market of Kerala exposed the rising demand for affordable housing in the state.

According to the study, apartments below 25 lakh are high in demand.

The cost of luxurious apartments in Kochi, Thiruvananthapuram, Kozhikode and Thrissur are more than 25 lakh. Hence the demand for any apartments less than the regular market price are high in those cities.

the study also says that monthly income of most of the people if the state are less than Rs 50,000. That is the major reason behind the rising demand for affordable houses in the state.

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Source : IBN Live

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