Desom, 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.

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.