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| Home » India » Kerala » Thiruvananthapuram/Trivandrum Property |
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Thiruvananthapuram/Trivandrum Property |
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Thiruvananthapuram properties are poised for further growth with the initiative being taken by several real estate professionals. The evolution of the city into an IT destination and the subsequent influx of people from all corners of the state and also from other parts of the country, are giving a boost to the development of realty sector in Thiruvananthapuram.
Trivandrum is a beautiful city built on seven hills. Its seaside location makes it an ideal place to reside. It is also regarded as one of the most alluring tourist places of the country and attracts a multitude of tourist every year from all over the country. A well established infrastructure set up and its recognition as a highly suitable city for residential dwelling among tier II cities are encouraging people to invest in Thiruvananthapuram real estate property for long term housing solutions.
Since the establishment of Technopark in 1995, the city has attracted a good number of IT and software related companies from India and abroad. The number of companies is increasing and hence, the requirement of spaces for official, commercial and industrial establishment is also increasing in the same proportion. Alongside, the growing affluence of local people has resulted in significant changes in lifestyle, which is paving way for the thriving business of shopping malls, multiplexes, commercial plazas and business arcades.
The increasing number of professionals and all kinds of commercial people in the city is driving the demands for more residential spaces also.
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Thiruvananthapuram properties, as a result, are being developed to make available a range of housing solutions for all categories of home seekers. The present number of housing units in the form of flats, apartments, bungalows, villas, row houses etc. seem to be insufficient to meet the growing requirement. Thus, as many as 50 residential projects are in the pipeline from the leading builders of the country like DLF and Raheja Group as well from local construction companies such as, Heera Constructions, Muthoot Builders, Skyline Foundations etc.
Along with the rising demand of real estate in Trivandrum, the property prices are also going up with many localities witnessing steeper rise than the others. Kowdiar, Pattom, Vazhuthacaud and Vellayambalam are the most sought after areas in Thiruvananthapuram and the higher demand of flats and apartments in these areas have significantly increased their capital and rental values over the years.
Flip through the site indiahousing.com to know about the various aspects of real estate in Trivandrum, such as builders, property dealers, architects, latest housing projects and so on.
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