Are Trivandrum Apartments Worth the Investment

Serene surroundings, coastal life, cultural and historical significance, and rapid urbanization – what more can one ask for? Trivandrum the capital of Kerala is a sound investment opportunity for those who have a liking for Kerala. Although all the government institutions have headquarters here, the city is also witnessing fast economic growth. Backed by strong infrastructural development and growing urbanization, real estate in Kerala is on the rise too. The demand for luxury apartments in Trivandrum is crossing traditional levels due to the rising incomes of home buyers and exposure to global real estate.

In this blog, we will see why investing in apartments in Trivandrum is worth it.

Infrastructure

The capital city has a good public transport network connecting all the important hubs. The upcoming “Light Metro” metro rail system will improve the connectivity significantly boosting the city’s growth and development. The Vizhinjam International port is India’s first deep-water container transshipment port poised to change the face of Kerala’s trade and commerce. The upcoming highway projects will improve the city’s connectivity to the northern parts of Kerala. These factors add greatly to the overall growth of real estate in Trivandrum.

Industrial Development

Technopark is Trivandrum’s IT center with 350 Indian and international businesses that hire over 60,000 professionals. The IT Park is growing to become one of the biggest in the country. The technopark also boosts the development of supporting businesses creating an economy around it. There is a high demand for quality housing by working professionals seeking luxury apartments in Trivandrum with high-end amenities.

Tourism

The state of Kerala is a well-known tourist attraction and Trivandrum is an important part of the tourism circuit. The city attracts thousands of tourists every year. With the special initiatives of the government focussing on tourism the industry is bound for growth. Tourists often rent out Luxury flats in Trivandrum for long-term stays. By investing in these properties, one can expect good returns as tourism is poised to grow in the coming years. Commercial property for the hospitality industry is a lucrative investment opportunity.

Growth in New Projects

One of the important trends in the real estate scene is the rising demand for luxury properties. Top developers are now building high-end residences catering to the NRI and wealthy home buyers who want to invest in them. The luxury projects with 3 BHK flats in Trivandrum have the best architecture, amenities, smart home technology, and sustainable practices – all to meet the high expectations of the modern home buyer. Investing in these projects can ensure a stable rental income and price appreciation.

Investing in Trivandrum is worth it as the city is witnessing growth in every sector. The best employment opportunities, coupled with the best quality of life are ideal for professionals to settle in the city.