What are the prospects of investing in a Flat in Trivandrum

19 SEP 2022

Known as the land of ivory thrones, the capital of Trivandrum is a city steeped in its cultural, political, and historical importance dating back centuries. The bustling port city of the Medieval Kingdom of Travancore, which traded in spices, sandalwood, and ivory, attracted settlers from all over the world due to its potential as a thriving economic, cultural, and intellectual hub. Modern Trivandrum is a thriving metropolis home to numerous information technology (IT) parks, manufacturing facilities, and a sizable retail and service sector. The demand for flats for sale in Trivandrum has been stoked by the influx of techies and workers from allied service sectors, and all of the major builders in the state have responded by constructing a wide range of projects in the city’s suburbs, all in an effort to strike the ideal balance between peace and convenience.

IT Boom in Trivandrum

IT Boom in Trivandrum

As the technology industry in the state has grown, so has Trivandrum. The urban technology revolution can be traced back to the foundation laid by the creation of Technopark. Over 600 businesses call it home today, providing jobs for nearly a hundred thousand people. guaranteeing software engineers and those in related fields excellent employment, advancement, and professional development prospects. With this came a cosmopolitan crowd of techies and other high-net-worth individuals, driving the growth and demand for flats for sale in Trivandrum. Living close to the IT Hub also means reduced commutation time and a better work-life balance This factor contributes to the high year-round demand for apartments in Kochi, making the commercial and employment viability of buying apartments there an attractive investment opportunity.

Calm Location

Calm Location

The perfect place to call home is one that is away from the hustle and bustle of the city yet still close to all amenities The city of Trivandrum is a perfect balance between the peace and quiet of the suburbs and the opulence of modern amenities. An additional factor is a weather. It’s ideal for settling because there’s enough sunlight, torrential rainfall, and relatively short winters. The separation of the residential area and the industrial facilities provides residents with a more peaceful and quiet environment, which in turn increases their overall sense of well-being.

Investment Angle post-COVID

People who have witnessed the severe erosion of their wealth due to the Pandemic are most concerned with finding permanent settlements and non-volatile residential options. Real estate has proven to be a stable investment vehicle during that period.  People are also willing to upgrade their lifestyle and are looking for more safe and premium properties.  The rising demand for luxury apartments in Trivandrum can therefore be attributed to a combination of factors, including a shift in the city’s demographics and the unpredictability of rental prices.

Safe Locale

Living in gated communities is becoming more popular as people can socialize and they feel safe among people who share similar values and interests. Children and the elderly benefit greatly from this because of the opportunities for socialization and the nurturing environment that gated communities provide. Having kind and helpful neighbors makes everything simpler. The city takes great pride in its heritage as the “land of Padmanabhan,” and this sense of pride extends to all of its residents. The hospitality of these people is remarkable, as is their politeness, prosperity, and pleasantness. Regular police inspections and patrols ensure the safety of the area, and the traffic is managed fairly well. If you’re looking for the ideal place to settle down, it has to be Trivandrum, which has the best environment in terms of physical security, social opportunities, and psychological health.

 Tourist Spots

 Tourist Spots

Trivandrum’s convenient proximity to numerous tourist hotspots guarantees that residents can easily take a break from their hectic schedules. The area features the Neyyar Dam and Wildlife Sanctuary, the Napier Museum and Zoo, and the Tirpparappu waterfalls. Agasthyamala Peak, the state’s second-highest peak, is also conveniently located for locals. Varkala and Kovalam are popular destinations for locals in search of windy beaches here they get to enjoy the beauty of the Arabian sea. Other well-known destinations include Shanmugham Beach, Akkulam Lake, Kallar, Anjuthengu fort, etc.

The ideal dwelling is one that meets one’s financial needs while also providing the comforts of modern life. Since Trivandrum is a rapidly expanding metropolis, demand for residences is only going to rise. Confident Group is widely regarded as one of the best home builders in the state, thanks to its reputation for constructing luxuries with cutting-edge construction techniques and first-rate amenities. Horizon, Greenfield, Crown, and Aquilla are some of the upcoming projects of Confident in the city. Make an appointment for a site visit right away to take the first step toward buying a home in the land of Travancore Legacy. 

Author - Confident Group

As the most trusted real estate brand in the nation, we at Confident Group strive to create a positive, smooth and transparent medium for potential home buyers with anything and everything related to home purchase. We provide informative and engaging articles which cover useful details across many verticals from the real estate sector. Our 2-decade long expertise in building infrastructure projects across Kerala and abroad backed by the trust of over 10,000 customers earned us the reputation of being the best as a real estate brand in Asia. We hope that our blogs will help in translating our experience for the prospective buyers who are looking for their dream home.

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