Owning villas in cochin has become a much cherished dream among the people. Both natives and foreigners want to own the most luxurious villa in the city. It acts both as a part of their investment and a luxurious residence. Builders in the city compete to offer villas with the best of the amenities to its clients. The popular trend in Kochi, are set by the villas which have antique design and traditional architecture. The technology used is of cutting edge and the facilities also are most modern in such villas in the city. Such a blend of tradition and novelty allures people to own one.
With the boom of IT industry in Cochin, more job opportunities have been created and many have entered into the IT sector with a decent salary. Majority among them are youngsters and they want to own their own home at an early stage itself. Due to lack of time and sometimes available space, constructing a home is not always possible for everyone in Kochi. Thus they prefer to depend upon the builders in the city and choose a dream villa from their projects. Builders offer premium and luxury villas in Cochin, the latter costlier than the former one. Luxury villas are high in demand since people nowadays are ready to compromise only for the best. Moreover a large number of banks are ready to provide home loans, which can be made use of by the buyers. Tax benefits can also be availed on these home loans.