Trivandrum, Kerala Property Guide
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How India’s Bullet Train Will Transform Property Prices in Ahmedabad and Maharashtra Corridor Cities
Explore the projected surge in property prices around Shela (Ahmedabad), Vapi, and Bharuch due to the Mumbai-Ahmedabad Bullet Train’s infrastructure boom and economic zones. -
Union Budget 2025: Key Takeaways and Impact on Real Estate
The Union Budget 2025 focuses on economic resilience, tax reforms, and infrastructure development, significantly impacting India's real estate sector through various incentives and policy changes. -
How India’s Tier 2 cities are growing in response to global real estate trends
India’s Tier 2 cities are emerging as prime real estate destinations, driven by smart initiatives, sustainable practices, luxury developments, and improved connectivity. -
5 Things You Should Know About India’s Ghost Shopping Malls and the Challenges of Repurposing Them
India's retail landscape is shifting, with Grade A malls thriving while Grade C malls face high vacancy rates. Many struggling malls are being repurposed due to evolving consumer preferences and the rise of e-commerce. -
Get Returns From Real Estate Without Buying Property: Understanding REIT Investment In India
REITs in India offer investors a way to access the real estate market without direct property ownership. They distribute significant earnings as dividends, making them attractive to income-seeking investors. Learn how REITs work, how to invest, and key players in the Indian market. -
Is it possible to sell real estate without co-owner approval?
Selling jointly owned property in India requires the consent of all co-owners. Legal action can be taken if a co-owner sells without consent. This article explores the legal aspects of selling jointly owned property and the differences between co-ownership and joint ownership. -
What do you mean by FERA?
FERA, enacted in 1973, regulated foreign exchange dealings in India. Replaced by FEMA in 2000, which focuses on managing foreign exchange while promoting trade and investments. Key differences include property acquisition criteria, shifting from citizenship under FERA to residency under FEMA. -
The finest cement for plastering a home
Cement plastering is crucial for durable walls and a smooth finish in construction. Portland Pozzolana Cement (PPC) is often preferred for its water resistance and superior finish compared to Ordinary Portland Cement (OPC). Various cement grades cater to different construction needs, with Grade 33 commonly used for plastering.
Trivandrum, Kerala Real Estate News
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Technocity IT Park Development Fuels Commercial Real Estate Growth in Thiruvananthapuram
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. -
Trivandrum Airport Expansion Fuels Real Estate Surge: Insights for Investors
Trivandrum's airport expansion plans, despite delays, poised to elevate connectivity and real estate growth near IT hubs, boosting property values and investor opportunities through infrastructure upgrades. -
NRI Demand Ignites Thiruvananthapuram's Real Estate Surge: K-RERA Registrations Hit Record High in 2024
Thiruvananthapuram witnesses unprecedented real estate growth, registering 2,987 residential units under K-RERA in 2024. Driven by NRI investments and professionals seeking affordable housing in Kerala’s rising IT hub. -
What occurs in India if property taxes are not paid for ten years?
Non-payment of property taxes for ten years can lead to severe penalties, legal action, and even foreclosure in India. It's crucial for property owners to understand the implications and address any arrears immediately. -
Enhancing Jaipur’s High-End Properties: The Unique Perspective of Akshat Developers
Jaipur is emerging as a luxury real estate hotspot. Akshat Developers' Sawai project epitomizes this trend, offering opulent villas and apartments amidst landscaped gardens and modern amenities. -
CBRE decodes real estate through the spiritual tourism lens
A new report reveals how retail chains are capitalizing on rising spiritual tourism in 14 Indian cities, highlighting trends and growth opportunities in the sector. -
According to the CREDAI-CRE Matrix report, India’s demand for Grade-A office space will exceed 70 million square feet by 2024.
In Q1CY24, Grade A office space demand in India surged, driven by key cities. CEDAI predicts demand will hit 70 MSF by 2024, supported by economic growth. -
India’s Commercial Real Estate Is On Track For Successful Growth This Year
India's commercial real estate market is poised for growth, bolstered by demand for office spaces and increasing interest from NRIs, promising lucrative investment opportunities.
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Real Estate Trends in Trivandrum
In Trivandrum, Kerala’s capital, the real estate market is seeing major changes. It's becoming an attractive spot for both buyers and renters.
Market Trends and Demand
There is a big increase in demand for homes, fueled by growth in the IT industry and a rising population. This increase in demand should keep growing, supported by Trivandrum's economic advancements, especially in manufacturing and services.
Property Costs
Property costs in Trivandrum are climbing. The average price per square foot for living spaces is around ₹ 5,763, and lower-cost options start at ₹ 2,295 per square foot. In upscale areas, luxury places can reach up to ₹ 12,000-13,000 per square foot. Typical zones might see prices about ₹ 8,000 per square foot. Suburban zones have lower prices—usually from ₹ 5,000 to ₹ 6,000 per square foot.
Rental Market
Trivandrum’s rental market is booming. Costs vary greatly depending on location, size, and features. Rentals start at ₹ 2,000 per month for small units, and higher-end places can go up to ₹ 65,000 per month. Popular spots for rents include Kazhakoottam, Pattom, and Sasthamangalam, famous for good amenities and ease of access.
Investment Chances
Real estate investment in Trivandrum looks great due to the city’s strong economy, powered by the IT, tourism, and education industries. The success of Technopark has increased the demand for quality living areas, promising steady rental revenue and significant property value increase. Investors can foresee around 20% boost in their investment over a relatively short time, even before the structures get completed.
Facilities and Lifestyle
Trivandrum has excellent infrastructure, such as roads, schools, medical centers, and entertainment venues, which boost the life quality here. Its cultural richness, stunning scenery, and calm environment appeal to those seeking peaceful living combined with modern comforts.
Future Plans
The city will see much development in the future with planned housing and business projects, along with infrastructure boosts and urban expansion. Projects like government's Smart City initiative and Technopark expansion are further boosting real estate, making Trivandrum a tempting and profitable investment hub.
PropertyWala’s Decision
Trivandrum stands out for both property buyers and renters, with its buzzing real estate market, solid investment options, and expanding infrastructure. A rising economy fueled by sectors like IT and tourism leads to a constant property demand, ensuring value growth and stable rental incomes. If you're hunting for a long-term investment or a cozy home, Trivandrum brings a hopeful and rewarding opportunity in the property market.