Overview of Maruthankuzhy, Trivandrum

Location and Accessibility

Maruthankuzhy is a key area in Thiruvananthapuram, Kerala. It's located near important spots like Sasthamangalam, Poojapura, Kowdiar, Thirumala, and Kuravankonam. It’s highly accessible due to these nearby hotspots.

Property Prices and Trends

• The smallest properties here start around Rs. 4,209 per square foot, with the average going for about Rs. 5,363 per square foot. This shows a steady and slightly higher pricing.
• Property values have dipped by 3.86% over the past year. This may attract buyers looking for good investment opportunities.

Types of Properties Available

For Sale

• Residential land: Come in various sizes, from small plots at Rs. 30 Lac to large ones priced up to Rs. 2.3 Cr.
• Independent Houses: Available as single or double-storey homes, each with 2-4 bedrooms, attached bathrooms, parking, and balconies. Prices range between Rs. 55 Lac and Rs. 2.3 Cr.
• Apartments: High-end 3 BHK flats available in some areas nearby, with a flat of 1671 sqft costing around ₹98.82 lakhs.

For Rent

• Double-storey residential homes: These offer 2-4 bedrooms, attached bathrooms, and parking, for rent at Rs. 25K to Rs. 40K per month.
• Flats: Rent ranges for multi-storey 2 BHK and 3 BHK flats include balconies and commercial spaces. Rent is from ₹12,000 to Rs. 40K monthly.

Amenities and Infrastructure

• This area connects well with major roads. Plus, it offers access to key services like schools, hospitals, and shopping areas.
• Many properties feature modern amenities like parking, balconies, and updated facilities making it comfortable for living.

Pros and Cons

Pros

• A strategic location close to Thiruvananthapuram’s vital areas.
• Extensive range of properties from lands to houses to modern apartments.
• Excellent connectivity to main routes and essential services.
• Modern amenities are common in many properties here.

Cons

• Wide price range depending on property type and size.
• Market rates have recently decreased, which could affect long-term investments.

PropertyWala's Conclusion

Maruthankuzhy in Trivandrum offers a balanced option for investors and renters. Thanks to its strategic positioning, diverse property market, and good connectivity, it’s a highly attractive choice. While there is a recent drop in property prices, this presents a favorable chance for buying or renting. The area boasts both affordability and convenience, making it a solid choice for real estate investments.