Overview of Vayalikkada, Trivandrum

Location and Connectivity

• Vayalikkada, a locality in Trivandrum, the capital of Kerala, is famous for its strategic position and growing infrastructure.
• This area enjoys proximity to major projects like Vizhinjam Port, Technopark, and other big infrastructure efforts, which boost its connection and make it appealing.

Real Estate Market

• The real estate market is vibrant here with diverse property types like independent houses, villas, and residential plots.
• The demand here comes from increased economic and industrial activities in Trivandrum, like IT, biotechnology, and tourism.

Property Types and Prices

• Residential Properties:
  • Common properties include independent houses and villas. For example, a fully furnished 3 BHK house in a 5 cents plot might be around 95 lakhs (negotiable).
  • Villas and houses come in price ranges from 55 lac to 2.6 Cr, depending on sizes and amenities.
• Price Per Square Foot:
  • Though Vayalikkada-specific prices aren't given, neighboring areas like Ambalamukku have prices from Rs. 2,800 to Rs. 4,158 per sqft. A similar trend is expected in Vayalikkada.

Amenities and Infrastructure

• Infrastructure is improving in the area with better roads, public transport, and a future metro rail plan.
• New real estate projects emphasize sustainability, smart designs, and advanced facilities, adding value in the locality.

Rental Market

• There are options for renting. For instance, a 4 BHK villa with 4 bathrooms in a 5 cents plot can be rented for around Rs 17,500 monthly.

Investment Potential

• It’s an attractive place for investors, expats, and NRIs, because of rising property values in the past decade and this trend’s expected continuation.
• Growing skilled professionals and business arrivals increase demand for both residential and commercial properties, making it a prime investment place.

PropertyWala's Conclusion

Looking at Vayalikkada in Trivandrum, we see a blend of strategic location, infrastructure growth, and varied real estate choices. This area’s economic and industrial strength ensures real estate market growth. Whether you want to buy a flat or rent, Vayalikkada offers opportunities with future property value rise and available modern amenities. To make the most educated decision, keep up with market trends and prices.