Kakkanad is soon becoming known for its new deluxe flats besides its reputation as an IT hub, administrative hub and even broadcasting hub. The developed region is called the administrative hub of the Ernakulam district for its Civil Station located in the region; both the District Collectorate and the RTO or Road Traffic Officers office are located in the Civil Station. Many natives consider the flats in Kakkanad ideal for investments as the region is quite developed and ideal for relocation. Residents from different parts of Cochin shift to the region to own the deluxe flats and live amidst the developments in the region. Many natives and new settlers opt for the flats at kakkanad. Urban flats are proving to be the best urban accommodations and the deluxe flats in Kakkanad are certainly proving that. Many urban residents promptly own the flats in the region for its benefits such as central location for easy access to other important areas, proximity to IT parks and government offices. The central location of Kakkanad is providing the residents easy access to other places, while settling in the new flats residents can easily commute to these locations. The IT parks located in the region are encouraging IT professionals to settle in the region. Flats are becoming essential assets even for the natives; many of them are investing in the deluxe flats for long term investments. Urban flats at Kakkanad are influencing a large fraction of the residents. These flats are certainly increasing the tendency to settle in Kakkanad among its several developments.