For those looking to buy a flat in Trivandrum, the clean and green verdant capital of Kerala, there are numerous benefits to be had as the city is still growing. Well-known for its premier educational institutions, rapidly-expanding IT hub, medical tourism as well as its perfect blend of traditional charm and modern infrastructure, it’s a beacon for homebuyers and investors. Here’s a closer look why:

Economic Growth and Stability

Trivandrum has been witnessing steady economic growth over the years, with its tech park, Technopark, touted to soon become the country’s largest IT hub. Robust growth of the IT park has also led to an influx of professionals into the city, resulting in a greater demand for homes, thus driving the realty industry. The upcoming international seaport at Vizhinjam is expected to further boost real estate and economic growth in Trivandrum.

Affordable

As compared to property prices in other capital cities in India, Trivandrum still offers affordably-priced homes, making them attractive for homebuyers and investors. The comparatively lower cost of homes here means that investors can buy flats in Trivandrum without facing the heavy financial burdens normally associated with investing in metropolitan cities.

Living Standards

Trivandrum is well-known for its rich cultural heritage, vibrant multi-cultural social life, well-developed infrastructure and easy access to quality medical facilities and educational centres. All this and more makes the city an attractive place to live in, thereby ensuring that there will always be a demand for homes here, making it a safe haven to invest in flats here.

Rental Income Potential

Technopark has led to an increasing insurgent population of techies in the city, and this has resulted in an increase in demand for quality flats in and around key areas of Technopark, as well as the city centre. To avail of a steady rental income, investing in flats in these areas can be lucrative for investors.

Capital Gains

With Trivandrum expanding at a rapid rate, the potential for appreciation of real estate investments is also very high. Investing in quality flats in key areas could yield substantial capital gains in the future.

While any form of investment carries a certain degree of risk, investing in real estate in Trivandrum offers assured excellent returns on investments!