Best Residential Areas to Invest in Trivandrum
Trivandrum, the capital city of Kerala is a popular tourist destination not just for its picturesque sights and lush green drives but also for its rich cultural heritage. With a lot of opportunities in business & politics, one can live a truly fulfilling life here.
In Trivandrum, property prices have increased in recent years, especially for apartments. The real estate sector of Trivandrum is booming and new projects are coming up regularly. The best time to buy an apartment is when developers launch new ready-to-move-in units.
When it comes to investing in the capital, there are various reasons why buyers choose to finally sign on the dotted lines. Many Non Resident Keralites (NRKs) want to invest in their homeland so that they can generate a secure second source of income. The other reason is that they want to create secure retirement homes where later on they can spend the years with a lot of fun and enjoyment.
Investment in real estate in Trivandrum is a good option for buyers. The city has all the amenities required to attract buyers and their families. While few prefer apartments, there are several other options that they would consider to invest their money here.
Whether you are looking for land, villas or apartments, here are some popular places where you can find quality properties according to your budget.
Kulathoor is one of the current prominent belts zeroed in by real estate builders in Trivandrum. With Technopark at close distance, the place is buzzing with IT professionals from all over. This is a location all the major developers are looking for as it has all the required amenities for development of infrastructural facilities. Not to mention, the prime location of this place makes it a perfect one for residential & commercial properties, residential plots and more.
The most important asset that makes the place unique is that it is one of the areas where you will notice a significant urban spread. The main highway has plenty of road decongestion and transport options which includes flyovers and elevated roads. Moreover, the region has a high growth rate, making it an attractive investment zone.
Pappanamcode is one of the most sought after residential regions in Trivandrum. The area has wide roads, good connectivity, and low traffic congestion. The place is easily accessible to the Central Railway Station and the Thampanoor Bus Station which makes it an ideal location for ease of commute. Pappanamcode has become a centre for amenities and infrastructures such as banks, shopping centres, colleges, etc. These are some of the reasons why many leading business houses have occupied their offices here or have bought apartments or land in the locality.
Sreekaryam is a neighbourhood of Trivandrum city in Kerala and is a very popular residential area with an active business centre. The place is well connected with every part of Trivandrum city, including the international airport and plenty of hospitals. The area has a lot to offer, including good roads, schools and colleges and several shopping centres in the vicinity.
Mukkolakkal and surrounding areas are quickly becoming a preferred locality for investors. Prominent builders are working on projects in this area. Plentiful green spaces, good public transport access and excellent lifestyle amenities are the keys to its appeal. This neighbourhood, which is close to reputable schools and colleges, is a promising location for future investments
Ulloor is a place that’s easy to get around. You can reach all of the important parts of town in a matter of minutes, whether it’s to the railway station or the bus station, or even to Technopark, and we’re not just talking about getting there. The main roads are well maintained with connectivity to colleges, schools and hospitals within walking distance. And that’s not all. Shopping malls, entertainment centres and hotels are all present as well.
The aforementioned places are the most prestigious locations in Trivandrum for realty investments that yield the highest returns.
Trivandrum has come a long way in the last decade. It’s now known as the country’s largest IT hub and if you’re looking for a home in Trivandrum, you should know that there’s no shortage of space either. The city is still growing both vertically and horizontally, which means that it’s getting bigger year by year. As a result, construction activity goes on in almost every corner of the city.
Also, the suburbs surrounding Trivandrum have always been part of the city’s fabric and are becoming more urbanized with each passing day. This means that there are more homes being constructed here than ever before and this is definitely something to keep an eye on.
Happy Investing where you find your dream home!