Trivandrum (Thiruvananthapuram), the capital of the scenic state, Kerala is counted among the top 10 greenest cities of India. If the state is recognized as ‘God’s Own Country’ then even the city is known as the ‘God’s Own Capital’. The verdant environs and the boon of IT industries have transformed the real estate scenario of this city drastically. Earlier the city was known as a tourist destination but now it is one of the favorable destinations for real estate development in India. The establishment of TechnoPark and TechnoCity has contributed significantly towards the real estate growth of Trivandrum. According to a survey conducted by India Today, Trivandrum has ranked as the best city for Housing and Transport in India.Residential real estate in Trivandrum:Residential real estate in Trivandrum is witnessing a strong upsurge. Emergence of IT industries and presence of renowned educational institutes are the driving factors for residential expansion. With 80% of software exports from the state, Trivandrum is rated as the fourth hottest IT destination in India. Due to the existence of IT companies, more and more young crowd are migrating to the city. Kerala is said to be 100% literate state hence the state capital boasts numerous educational, science and technology institutes. Some of the prominent institutions are Indian Institute of Information Technology and Management, Vikram Sarabhai Space Centre, Indian Institute of Science, Education and Research and many others. These two factors, in turn have resulted in residential increase. Even the city transportation facilities are noteworthy. The intra-city public transport service allows large number of private buses services ply within the city limits. Many reputed real estate developers are coming up with posh residential projects that offer comfortable living with top-notch amenities.The picturesque location with pleasant atmosphere is best suited for villas. Therefore villas in Trivandrum are in great demand. Most of the builders are coming up with luxurious villa projects. Most of the projects offer fresh green spaces, spectacular scenic view of the city. Apart from these elements the project includes amenities like swimming pool, children’s play area, club house, gym, sports area etc. Besides villas, plots, lands, bungalows and apartments are in demand too. Green buildings is also catching trend in Trivandrum.Upcoming Villa projects in Trivandrum:Vaiga Gardens, Villa Project: Located in the striking location of Aruvipuram, Vaiga gardens is a villa project by Homeland Builders that offer classy 3 and 4 BHK villas and bungalows with facilities like club house, swimming pool, play area, gym etc.Chevron Celestine, Villas Chittazha: This project, developed by Chevron Builders and Realtors is just at a distance of 500 metres from MC road. The project boasts 17 villas of 2 to 3 BHK that range between 1892 sq ft to 2500 sq ft. The project is close to renowned educational institutes and TechnoPark.Tiger Hills: This project developed by Vintage Builders & Developers is a premium residential project that offers bungalows, villas, plots and land. The project is located near Mannathala and presents 38 villas with 180 degree panoramic view of the city.The residential market of the city has potential to grow more in future and is observed to be favorable for property investment.
