Aluva, Kochi

The Kochi Corporation's surplus budget for 2026-27 prioritizes infrastructure development, social welfare, and environmental protection. It projects a surplus of ₹132.96 crore, with a total revenue of ₹1,388.13 crore and expenditure of ₹1,255.16 crore.

Prestige Properties is actively developing luxury residential projects in Kochi, including 'Prestige Panorama' in Maradu and 'Prestige Eden Garden' in North Kalamassery. These projects offer modern amenities and are strategically located near IT hubs and metro corridors, aiming to cater to the growing demand for high-end housing. 'Prestige Eden Garden' is slated for possession by December 2026.

The broader real estate market in Kochi is poised for steady price appreciation, fueled by IT sector growth, Non-Resident Indian (NRI) demand, and infrastructure development, including Kochi Metro Phase II. Prestige Group is launching new luxury housing townships in Kakkanad and Kaloor, including apartments and villas, with some projects slated for possession in late 2026.

A new eight-storey super-specialty block with 842 beds and 16 operation theatres has been inaugurated at the Government Medical College Hospital, Kalamassery, Kochi. This upgrade to healthcare infrastructure, costing Rs 286.66 crore, aims to address the insufficiency of critical treatments and expand services, benefiting patients from Kochi and surrounding regions.

Villas in Kochi are experiencing increased demand in 2025, driven by a post-pandemic preference for privacy and space. Areas like Kakkanad, Aluva, and Vyttila are seeing development of gated villa communities with modern amenities.