Real Estate Trends in TrivandrumJuly 25, 2017

Real Estate Trends in Trivandrum

Trivandrum is the capital city of the gloriously green state of Kerala. With its numerous surrounding beaches, verdant greenery and mild weather, it’s the ideal place to set up home base in…and not just for the indigenes either, as many non-Keralites too have settled down in Trivandrum owing to the peaceful environment, a cultured society as well as the numerous facilities the city has to offer. It is the second largest city in the state that’s also known fondly as ‘God’s own country’ owing to the abundance of nature’s blessings to this southern state in India. With the Western Ghats on one side and the Arabian Sea on the other, Trivandrum and its nearby locations make for a great backdrop to living a privileged life.

With the setting up of the IT parks in Trivandrum, the demand for homes has gone up drastically and more and more people are looking to rent or buy new homes. Interestingly, it seems the mindset of Malayalis is finally changing and people are no longer clinging to the old concept of just villas for homes; the new era has slowly crept in (finally!) and Trivandrumites are now ready for the apartment culture. Over the last decade or so, numerous real estate builders have set up base in the city and are providing top-notch apartment complexes, the likes of which can be found in large metro cities.

The city offers great job potential with high earning power, and with the backing of the NRI money, the indigenes are well-heeled to afford buying their own homes from a younger age onwards. Earlier, people started thinking about buying homes only after hitting their 40’s, but now this age has come down by more than a decade with couples preferring to bring their first baby home to a self-owned apartment.
The realty sector has been seeing a steady growth over the years in this city due to the many plus points Trivandrum offers when compared to other cities. Being a comparatively smaller city (and growing!), there is less pollution, less congestion and more green lung spaces within the city precincts along with this, there are better roads, better water and electricity connectivity, excellent healthcare facilities, premier colleges and schools as well as a multi-lingual society that is fluent in English and Hindi as well as Malayalam.

The real estate sector in Trivandrum is booming, with the rapid increase being due to the increasing population, better socio-economic conditions and also the availability of easy finance to sponsor investment into real estate. Although most people still prefer to buy homes towards the city center, newer projects are being started on the district outskirts too like Peroorkada, Vattiyoorkavu, Kazhakoottam, Nedumangad and Balaramapuram. Though the cost of building haven’t gone up that much, this is the best time to invest in real estate, and you would do well to check out the online websites of the various builders. All the details of their complete as well as ongoing projects along with floor designs, amenities, rates, etc, are usually available on the site, so you can start by doing your homework online first! Check the potential for capital gains of your realty investment too before venturing into buying.

RECENT POSTS
ARTECH REALTORS

Artech-Marvel-Pattom

Discovering Your Neighborhood: Pattom, Trivandrum

Looking to invest in apartments in Trivandrum? Your search ends right here in the inviting neighbourhood of Pattom!  Known for… Continue reading Discovering Your Neighborhood: Pattom, Trivandrum

Read More
Tips_for_first-time_homebuyers

Tips for First-Time Homebuyers: How to Find a Credible Developer?

Even though most people will tell you that finding the right location is crucial to homebuying, its worth noting that… Continue reading Tips for First-Time Homebuyers: How to Find a Credible Developer?

Read More

Related Projects

A few of our inspiring projects

Apartments in Trivandrum

Being the state political capital, an educational hub as well as home to Kerala’s largest and rapidly-expanding IT hub, Artech has realized the growth potential of Trivandrum as a prime spot for real estate investment. Artech builders in Trivandrum offer a number of lavish and eye-popping apartment projects located in classy niche areas to inspire you.

More
Information
Apartments in Thrissur

The city built around the base of a 65-acre hillock is steeped in rich cultural and spiritual history. Aside from being known as the cultural hub of Kerala, Thrissur is also known as a major business center. Artech offers Thrissur, one of its finest creations to-date, the Artech Gateway, featuring exclusive lifestyle apartments.

More
Information
Apartments in Kollam

Located on the banks of the scenic Ashtamudi Lake, this ancient city dating back to the biblical times, has a strong commercial reputation. The verdant beauty of this city also attracts many people to set-up homes here. As flats in Kollam are in great demand, Artech Realtors have a number of luxurious projects offering superior homes with amazing blue vistas to its residents.

More
Information
Apartments in Kottayam

Kottayam has always been at the forefront for education and literacy. Aside from this, it’s a peaceful town that thrives on commerce. Artech Realtors have given Kottayam their first taste of high-end luxury living with Artech Rio. The unending views of the surrounding greenery, the meandering river and outstanding amenities makes life in these classy apartments one-of-a-kind.

More
Information
Apartments in Thiruvalla

Thiruvalla, which has earned the moniker the ‘Land of the NRIs’ is situated on the banks of the Pamba and Manimala rivers. With a paucity of suitable homes for the cream of the society, there was a glaring need for luxury flats in Thiruvalla. The blissful Artech Kaazhcha apartments offer an inspiring mix of high-end comfort and luxury.

More
Information

DISCLAIMER

The information provided on this website is meant for general guidance. Though we have taken utmost care on the accuracy of the contents, the customer should make an autonomous assessment of the contents. However, the prospective buyers should rely upon the terms and conditions of the sale and construction agreement between the Builder and the Client.

The visuals of the projects symbolize artistic impression only. The information contained herein including the fittings, finishes, features, floor size and color etc. in the visuals are subject to change. However, the plans & specifications indicated in the Builder and Client agreements are final and we have not authorized anyone to make any oral commitments or promises on our behalf in regard to the plans and specifications of the apartments/projects.

For any clarification please feel free to call +91 9847 600 600 or walk into our offices. Our representatives will always be at your service.