Phase I of the Rajaji Nagar rehabilitation project in Thiruvananthapuram starts in November 2025, relocating 32 families to a new Rs 9 crore four-storey 2BHK complex under Smart City Mission. This urban upgrade boosts housing, adds roads, drainage, and parks in a dense slum area spanning 12.6 acres, overcoming past delays for better living.
Official K-RERA data shows Thiruvananthapuram registered 2,987 residential units, surpassing Ernakulam's 2,864 for the first time, driven by NRI demand and infrastructure growth.
Thiruvananthapuram's Technocity IT Park expansion drives commercial real estate growth, attracting IT companies and startups, boosting demand for office spaces and related infrastructure. With 100,000+ jobs potential and cutting-edge facilities, the IT integrated township redefines Kerala's commercial property landscape.
Sebi will auction a Kerala Housing Finance property to recover dues. The auction of the Thiruvananthapuram apartment, with a base price of Rs 55 lakh, is scheduled for June 4.
Berggruen Holdings plans to invest over Rs 1,000 crore in India by 2012 to establish 3- and 4-star hotels. The company has secured funding from IDFC and is exploring additional funding options.
NRI-backed Dewa Projects to construct a Rs. 3,000 crore super luxury apartment complex in Kochi by 2011, featuring six towers, 400 apartments, and high-end fittings.