Overview of Statue, Trivandrum

Location and Demand

Statue, Trivandrum, is a locality in Thiruvananthapuram, Kerala's capital. The place is growing thanks to its close ties to popular spots, schools, and the growing IT world. This has caused a big need for both homes and shop for rent and sale.

Property Prices and Availability

• Most properties in Statue, Trivandrum, on the market are priced between ₹80Lac to ₹1Cr, and another 20% are from ₹1Cr to ₹1.2Cr. Apartments with three bedrooms are the most common.
• Tenants can find 2 BHK standalone houses renting for roughly ₹16,000 monthly.

Infrastructure and Amenities

• The area gets new roads, more expansion in Technopark, and the Smart City project. Enhanced road links are boosting real estate.
• Nearby places like shops, hospitals, educational facilities, and the international airport make Statue, Trivandrum attractive for people living there.

Real Estate Trends

• People are now choosing apartments and closed communities owing to their convenience and security. Luxurious and top-tier properties are very popular because incomes are rising and the IT industry is expanding.
• Eco-friendly living is becoming a trend. There’s more focus on green initiatives like alternative power, rain water collecting, and using sustainable stuff. Support from the government for green practices in building is growing this trend more.

Investment Potential

• The market for real estate in Trivandrum, including Statue, looks to be growing in 2024-25. Rising demand, new infrastructure, and government moves are making property values and rent more.
• With fewer properties available but plenty of demand, prices are getting higher, presenting a good time for investors to enter. There are expectations of big increases in property values and rental returns.

Digital Marketing and Property Search

• Buying a property has moved online in Thiruvananthapuram’s real estate market. People buy more homes on the internet, via social media, and property websites. This trend makes finding and buying homes easier and clearer.

PropertyWala's Final Thoughts

If you’re looking to buy or rent in Statue, Trivandrum, the area gives a huge chance. Its need going up, new infrastructure, and government efforts make it a great spot for property investment. There’s a great emphasis on living green, having modern amenities, and using digital ways to promote. Statue, Trivandrum, promises a bright future for both owners and investors. With current trends and expected growth, putting money in this area could lead to big, profitable raises in home values and even higher rental money.