Best Places to Invest in Trivandrum for NRIs

The realty segment in Kerala has always attracted many Non-Resident Indians (NRIs) majorly for the fact that for most of them, it is their homeland. However, other than the strong emotional connect there are several other benefits that the NRIs gain by investing in the real estate of Kerala. Right from being a stable second source of income to a dream retirement home, NRIs real estate investment goals are varied.

Trivandrum, the capital of Kerala is one of the prime areas of real estate Investment owing to its rapid growth and development. While few NRIs would look at luxurious apartment spaces in the city, there are few who consider other specific areas in and around Trivandrum. Here are few places in Trivandrum that’s considered as a real estate investment hotspot for NRIs –

1) Kazhakkoottam, Trivandrum

Tagged as the new Trivandrum and one of the most happening places in the city, Kazhakkoottam has seen exponential growth in the last decade. This growth is directly linked to Trivandrum becoming one of the most prominent IT hubs in the country with Kerala’s first IT park, Technopark located in Kazhakkoottam. There are over 60,000 people working at Technopark. Potential investors always focus on developing and growing markets making Kazhakkoottam one of the prime real estate hotspots in the city. Not to mention the other major attractions like Vikram Sarabhai Space Centre and Trivandrum International Stadium (Greenfield Stadium) which is located within the proximity of the place. Also, owing to its rapid growth the return on investment in the region is high.

2) Sasthamangalam, Trivandrum

One of the most popular residential areas in the city, Sasthamangalam is a real estate hotspot due to its accessibility to major attractions in the city. Trivandrum Central Railway Station and the famous Thampanoor Bus Station is less than 5kms away from Sasthamangalam. Also, all major social infrastructures viz. hospitals, banks, shopping centres etc. are located at the place.

3) Kumarapuram, Trivandrum

Popularly known as Doctor’s colony because of the number of medics staying in the location, Kumarapuram has almost everything in the vicinity. The place is also very well connected to Trivandrum city which has given a boost to the real estate prices in the area. Right from Kerala Institute of Medical Sciences (KIMS), Government Medical College, GG Hospital to Cosmopolitan Hospital, all major hospitals in the city are located within a stone’s throw away distance from the place.

Read more

best builders in trivandrum

Location: Thiruvananthapuram, Kerala, India

Comments

Post a Comment

Popular posts from this blog

5 Benefits of working from your own home

Image
A year back, work from home was considered a privilege and only a few enjoyed it to the fullest. This completely changed in the post-Covid-19 era. From journalists to educators to corporates, Covid – 19 forced companies to send their employees home to work remotely. Even though this created uncertainty among many, people are starting to choose work from home due to its advantages and positive changes it brings.  Here are five benefits of working from your own home:   Flexible Schedule:  You set your own timings and work according to your convenience. At the end of the day, the productivity and the efficiency of completing a task are all that matters. As long as you work the required working hours and finish your work, the timings can be flexible and relaxed.  Work-Life Balance: Work from home is an ideal option for a perfectly balanced work and personal life. This gives you the time to be involved with your family while getting the work done. You can get some ex...
Read more

Luxury or Affordable Apartments, Which One to Choose?

Image
Real estate market in India has been witnessing steady growth as people are in a constant search either for housing purpose or as an investment opportunity. Owning residential property in a desirable location with all basic amenities and facilities is a dream come true for all homebuyers. But the question of whether to choose a luxury or affordable apartment lies ahead of the homebuyer before making a decision. Take a look at the below-mentioned features and benefits of owning a luxury and regular apartment: Luxury Apartments As the name suggests, luxury apartments are loaded with all the luxe and posh materials, facilities, and amenities. These are automated homes with the latest technology including artificial intelligence and machine learning for fast and easy living. Constructed focusing on the high-end consumers, these apartments are preferred by home buyers who seek a luxurious lifestyle with more comforts and would also be a highly secured living space with emergency serv...
Read more

Guidelines to Consider Before Purchasing a New Property

Image
There comes a time in every renter’s life when they get fed-up of doling out money at the end of every month and tolerating the unreasonable ‘do’s and don’ts’ from the landlord. That the wake-up call when you realize there are other options out there as well that are pretty lucrative in the long run too. Many renters don’t realize that the money they put down each month can be used as EMI payments instead, towards a home that they would end up owning at the end of the day; this is against spending the same amount each month, lining somebody else’s pockets and still having no permanent of their own. It’s pretty obvious which option you would go for! And once you have decided to buy a property of your own, you first need to go shopping for a home loan; different banks offer different interest rates, so look for the one that offers the lowest interest rates and check how much loan you are eligible for. After this, you will have an idea of your budget for your new home and can shop accordi...
Read more