Of late many cities and states have experienced a rising demand for a novel type of accommodation. That is for the Flats. Flats in Kerala has seen a rise in demand over the years, with more and more families coming forward to buy the 1bhk, 2bhk and 3 bhk type of accommodation. So what is behind this sudden need for more flats and apartments in states like Kerala or more specifically, Kochi? The major reason that can be cited is the disappearance of the joint family system. The need for permanent jobs and shift in the general attitudes has also made the existence of such housing options a blessing for many. Flats serve the purpose of healthy living without restricting the space and without affecting the budget. In fact, flats are a highly affordable housing option that caters to the needs of its occupants perfectly. Many national and international builders have set up base in Kochi, owing to its high demand for residential spaces. Besides flats and apartments, there is also a rise in demand for villas and penthouses. The NRI population of the state is the major contributory factor to this rise in demand for property and land in the city. Kochi today offers all the comforts of a metropolitan city along with the charm of nature. Its lifestyle options have risen with many shopping malls, hospitals, showrooms, schools, hotels etc setting up in Kochi, making the stay here comfortable. Investors are now making a beeline for investing in the state. The developmental projects in the city are also going full swing. As such the city is on a roll and is sure to reach at par with the other metros and tier-11 cities soon.