Retreat Phase II is located 700 metres inside from Vikasvani junction off the Palikkara Route in Kakkanad. It is 3.5 kms from the following key landmarks:
1. Cochin Infopark
2. The upcoming IT Special Economic Zone of SmartCity Kochi
3. KINFRA Park
Between Infopark and SmartCity, Kakkanad will gain tens of thousands of high-paying IT jobs over the next 5 years. As a result, Kakkanad is booming.
Retreat Phase II is 4.5 kms from the upcoming KINFRA International Convention & Exhibition Centre. With the convention centre, Kakkanad will become a venue for large format exhibitions and conventions like those held at Pragati Maidan in Delhi. This further consolidates Kakkanad’s as the most lucrative area for real estate in Kerala and one of the best in India.
The area in and around Kakkanad is lush with greenery with plenty of open spaces and clean unpolluted air. Within the span of 5 years, Kakkanad has experienced explosive population growth, with thousands of families moving into this previously quiet hamlet. Major thoroughfares like Seaport Airport road which five years ago was easy to traverse, now have bottlenecks due to the number of businesses and traffic that have proliferated.
Prices in the area have seen an average rise of 20% compounded annually over the last 20 years. Land that sold for Rs. 12,500/cent in 1994 now sells for Rs. 5,50,000/cent. These prices are rising as jobs and businesses move into the area from the expansion of the InfoPark and expected completion of SmartCity and the KINFRA Parks under development.
Add in the thousands of small and medium size enterprises that are coming up to service the families working and living in the Kakkanad area, it becomes obvious that Kakkanad is the place to invest now before prices become too high for the average investor.
Kakkanad is also provides convenient access to the airport, Thripunithira, the malls on the NH47 Bypass and easy connectivity to North or South Kerala. There are prestigious schools and hospitals within a few minutes drive.