Commercially, the city is growing with tourism and international trade. The IT industry is establishing a sound base here, and the demand for office spaces, hotels and retail outlets is increasing.

As a result, the need for residential apartments in Kochi is estimated at 50,000 in the next 2 - 3 years. Builders are catching up with the demand with a choice of residential projects. Real estate developers Puravankara Projects, Sobha Developers, Prestige Group, Emaar-MGF and Brigade Group have established their presence in Kochi. Sahara Infrastructure & Housing and Unitech have also purchased property in Kochi for development