Premium residential apartments in Kakkanad — Kochi's thriving IT hub adjacent to Infopark (60,000+ employees) and SmartCity. Prestige Group (NSE: PRESTIGE, 40 years, South India's largest developer). K-RERA registered. Under construction. Kakkanad's first Prestige-brand residential address. Best price through IA Wealth Dubai.
Prestige Hillside Gateway is a residential development in Kakkanad — Kochi's IT and commercial hub. Infopark (Phase 1 and 2, 60,000+ employees, 70+ companies including TCS, Wipro, Cognizant) and SmartCity are within this zone. Kakkanad is the address that has driven the most consistent rental demand growth in Kochi over the past decade.
Prestige Group (NSE: PRESTIGE) — South India's largest developer, 40 years, 300+ projects across Bangalore, Chennai, Hyderabad, Kochi, Kolkata, Mumbai. K-RERA registered. Under construction. Kakkanad's first Prestige residential is a specific event in this market.
Prestige Hillside Gateway — Kakkanad, Kochi
| Distance | Landmark | Note |
|---|---|---|
| Adjacent | Infopark Phase 1 & 2 | 60,000+ employees |
| 2 km | SmartCity Kochi | 30+ IT companies |
| 10 km | Kochi CBD · MG Road | |
| 12 km | Kochi Airport (COK) | |
| 8 km | Lulu Mall Edappally | |
| 5 km | Vyttila Mobility Hub | Kochi Metro |
| 15 km | Ernakulam Junction | Railway |
| 10 km | High Court of Kerala |
Kakkanad is where Kochi's IT future is being built. Infopark Phase 3 is under development. SmartCity is expanding. The Kochi Metro extension is planned. Each of these investments makes Kakkanad's residential market more valuable — and positions well-located branded residential like Prestige Hillside Gateway for consistent long-term appreciation.
Senior IT employees at Infopark (salary ₹15-50L) paying ₹25,000-40,000/month for 2-3 BHK near their campus creates consistent 7-9% gross yield potential at Kakkanad Prestige pricing. This is the strongest available yield from a branded developer in Kochi.
The Kochi Metro's proposed extension toward Infopark will bring metro connectivity directly to Kakkanad. Properties near confirmed station areas are historically repriced 15-25% upward as the metro opens — Prestige Hillside Gateway is positioned to benefit from this infrastructure event.
Prestige Estates (NSE: PRESTIGE) files quarterly financial results, project completion percentages, and revenue recognition data with SEBI. NRI buyers can independently track project progress through publicly available Prestige investor relations — the highest transparency standard in Kerala residential.
Under FEMA, NRIs can freely purchase residential property in India. No RBI approval needed. Funds must route through NRE, NRO, or FCNR banking channels only.
Payments from NRE accounts carry no annual limit. Only NRO accounts are capped at USD 250K/year under LRS. Use NRE for India property — unlimited remittance.
Registered Power of Attorney allows complete purchase without visiting India. IA Wealth coordinates POA documentation, RERA verification, and registration on your behalf.
NRIs can avail home loans from SBI, HDFC, ICICI, and Axis Bank. Typical LTV 75-80%. EMI auto-debited from NRE/NRO account. No UAE income documents required.
India-UAE Double Tax Avoidance Agreement prevents double taxation on rental income. Declare income in India; not re-taxed in UAE.
After selling, NRIs can repatriate up to USD 1 million per financial year from NRO account after paying applicable capital gains tax in India.
Kakkanad IT Hub · K-RERA · Prestige · Infopark adjacent · 7-9% yield · Best price via IA Wealth Dubai.
Disclaimer: Pricing is indicative as at August 2026 and subject to change. RERA details verifiable at rera.kerala.gov.in. IA Wealth Real Estate LLC · RERA 52591 · Dubai · +971 56 909 3693 · www.iawealth.ae · Pricing, floor plans and brochures shared directly on WhatsApp request.