Topic
kochi
Business Kochi emerges as top tier-II real estate hub with strong growth: Cushman & Wakefield report
Kochi has strengthened its position as a top Tier-II office market in India, driven by 9.7 million square feet of Grade-A stock, robust leasing activity from flexible workspace operators and GCCs, and low mall vacancy of 4.5%. Residential prices rose 10-13% annually. The growth is supported by the metro network, connectivity, and quality of life.
Commodities Muted Demand Pressures Tea Prices at Kochi Auctions
Tea prices at Kochi auctions have declined due to muted demand and geopolitical tensions in West Asia. The auction saw a decrease in prices for popular grades, with a notable drop in CTC dust market prices.
Kochi Tea Auctions Face Uncertainty Amid West Asia Tensions
Kochi's tea auctions are experiencing a decline in overseas buyer activity due to escalating tensions in West Asia. Orthodox tea sales have decreased, with a notable percentage of unsold quantities. The market sentiment remains weak, but potential improvements are expected as the Onam season approaches.