Kerala's Real Estate Revolution
Thiruvananthapuram has reached a major milestone, officially becoming the most active residential real estate market in Kerala in 2025. The state capital recorded an impressive 2,987 residential units under the Kerala Real Estate Regulatory Authority (K-RERA) during the past year, narrowly surpassing Ernakulam's count of 2,864 units.
This shift marks a significant change in Kerala's property dynamics, where Ernakulam traditionally dominated the residential market for decades.
What's Behind This Unprecedented Growth?
Surge in NRI Investments
The main reason for Thiruvananthapuram's rise is a steady influx of Non-Resident Indians (NRIs). Many expatriates, after years abroad, are now investing in apartments and plotted developments, drawn by the city's improved quality of life and relatively affordable pricing compared to major metros.
Thriving IT Ecosystem
The success of Technopark and emerging projects like Technocity and K-Space Park have turned Thiruvananthapuram from a traditional government town into a vibrant tech hub. This transformation attracts IT professionals seeking modern housing options near their workplaces.
Infrastructure & Urban Development
Several factors contribute to the capital's appeal:
- Improved connectivity via road, rail, and air
- The government approve the smart city development plan
- New healthcare and educational institutions development
- Low pollution and crime rates
- Pleasant climate and coastal proximity
Market Performance Indicators
Recent reports show that over 70% of residential units in planned developments were sold by early 2025, indicating exceptional absorption rates and consistent demand. Popular neighbourhoods like Kowdiar, Pattom, and Kazhakkoottam continue attracting both end-users and investors.
Future Outlook
With upcoming mega projects and continued urban rejuvenation efforts, Thiruvananthapuram's real estate market shows strong potential for sustained growth, offering both housing solutions and long-term investment opportunities for discerning buyers.