Overview of Sasthamangalam, Trivandrum

Location and Accessibility

• Located in Thiruvananthapuram, Kerala, Sasthamangalam stands out for its central position and good connectivity.
• It's near major landmarks like the Parliament, Kowdiar Palace, and the airport, making it appealing to both people who live here and those who want to invest.

Property Types and Prices

Residential Apartments and Flats

• The average price per square foot for apartments here is approximately ₹6,604, with prices fluctuating between ₹6,542 to ₹6,666 per sqft.
• There are apartments available in sizes 2 BHK, 3 BHK, and 5 BHK, catering to different types of buyers.

Independent Houses

• Houses in Sasthamangalam are generally priced around ₹1.5 Crore, with each square foot costing about ₹6,000 on average.

Plots and Land

• Residential plots range in price from ₹75 Lakhs to ₹90 Lakhs, with an average price per square foot at ₹5,349.
• Sizes vary, from smaller pieces as little as 4 cents to larger plots up to 25 cents or more.

Infrastructure and Amenities

• This area features well-developed infrastructure. Nearby are several schools like Indigo International Montessori School, hospitals, malls, and public transit options.
• Major workplaces like Technopark and other IT parks are nearby, ideal for working professionals.

Lifestyle and Environment

• Sasthamangalam provides a serene and peaceful living experience even amidst the city.
• The area is lush and green, with easy access to amenities such as gyms, hotels, and healthcare facilities.

Rental Options

• Renters can choose from 2 and 3 BHK flats and independent rooms, with monthly rents starting around ₹14,000.

Property Trends and Market Conditions

• The Sasthamangalam property market has seen a 12.54% decline in property prices year-over-year, suggesting a great time to purchase.
• This market offers different choices from affordable to luxury properties for various budgets.

PropertyWala's Conclusion

Trivandrum's Sasthamangalam shines as a top location for buyers and renters due to its prime place, advanced infrastructure, and diverse property types. Following a recent dip in property rates, market trends hint at a good moment to invest. With its combination of modern amenities and calm surroundings, Sasthamangalam is perfect for those who want a relaxed and convenient lifestyle right in Thiruvananthapuram's center.