Overview of Thiruvallam, Trivandrum

Location and Accessibility

Thiruvallam is situated in Thiruvananthapuram, the capital city of Kerala, India. It's known for its strategic position, providing good links to different parts of the city.

Property Prices and Trends

• Average Price: Properties in Thiruvallam go for around Rs. 5,996 per square foot.
• Price Range: The price tag on properties here spans from Rs. 3,000 to Rs. 7,800 per square foot.
• Year-on-Year (YoY) Growth: Over the past year, there's been a 43.3% drop in property prices, hinting at a buyer's market.

Types of Properties Available

• Residential Plots: Options include plots as small as 10 cents (about 0.025 acres) to larger ones like 12.25 cents.
• Independent Houses and Villas: There are many choices for independent houses and villas that fit different budgets.
• Rental Properties: Available are houses and villas rented out, complete with features such as attached bathrooms, balconies, and rooftop washing areas.

Amenities and Infrastructure

• Proximity to Amenities: Thiruvallam is near places like schools, hospitals, and shopping centers, making it convenient to live.
• Natural Environment: It's famous for its clean and unpolluted surroundings, providing a pleasant living condition.

Market Dynamics

• Investment Potential: Even with the recent drop in prices, Thiruvallam remains a favorable spot for both buyers and investors. The current market trends suggest it's a good time for investment.
• Availability: There are lots of properties available both for sale and rent, giving potential buyers and tenants a variety of options.

PropertyWala's Conclusion

Putting it simply, Thiruvallam in Trivandrum is an appealing choice for anyone looking to purchase or rent properties. It covers various budgets and preferences with an array of property types. The recent fall in property rates makes it an attractive time for investment. Still, it's important to look at current market trends and the area's overall growth. Because Thiruvallam boasts a strategic location, excellent connectivity, and a natural environment, it stands out as a great pick for both users and investors.