Technopark and Trivandrum’s Real Estate Growth Story

Trivandrum is fast emerging as one of Kerala’s most dynamic urban centres. Driving this transformation is a robust and continually expanding IT ecosystem that has reshaped the
city’s economy, infrastructure, and housing demand. At the centre of this growth stands Technopark, one of India’s largest IT parks, home to over 490 IT companies and more
than 75,000 professionals.

As Technopark continues to expand, its influence extends far beyond office spaces. Residential areas near the IT hub, particularly Kazhakootam and surrounding localities,
have become some of the most sought-after real estate zones in the city. Villas and apartments near Technopark consistently attract strong buyer and rental interest, and the reasons extend well beyond proximity alone.

1. Work–Life Balance Drives Housing Choices

For IT professionals, work–life balance plays a significant role in determining where to
live. One of the biggest challenges in urban life is long daily commutes, and Trivandrum
is no exception.

Travelling to Technopark from central city areas or distant suburbs can take 60 to 90
minutes one way, and even longer during peak traffic hours. This means losing two to
three hours every day just on the road, time that could otherwise be spent with family,
resting, or pursuing personal interests. 

Homes located in Kazhakootam–Technopark belt drastically reduce commute time to
10–20 minutes. This shorter travel time improves daily routines, reduces stress, and
allows professionals to maintain a healthier balance between work and personal life.
Naturally, this has made the area a preferred residential choice for IT employees and their
families.

2. Strong and Consistent Rental Demand

A significant portion of Technopark’s workforce comprises professionals from other
districts and states. As a result, the demand for rental homes near Technopark remains
consistently high throughout the year.

This steady demand for tenants, combined with rising rental rates, has made the area
particularly attractive for NRIs and real estate investors seeking dependable income. 

Approximate Rental Trends Near Technopark 

● 2BHK apartments: ₹18,000 – ₹30,000
● 3BHK apartments: ₹28,000 – ₹45,000
● Villas: ₹35,000 – ₹60,000
● Annual rental growth: 8% – 12%

With high occupancy levels and predictable rental appreciation, properties near
Technopark offer investors both stability and long-term returns. 

3. The City’s Most Modern Growth Corridor

The Kazhakootam–Technopark corridor represents the modern face of Trivandrum’s
urban development. Most major infrastructure projects and private investments in recent
years have been concentrated in this region.

Key developments shaping the area include:

● Expansion of NH 66
● Technopark Phase III
● Large-scale private investments by national groups
● Proposed Trivandrum Metro
● Ongoing airport modernisation

Over the past few years, the region has seen significant government and private
infrastructure spending, which has directly impacted real estate demand. Improved
connectivity, better roads, and new commercial developments continue to push property
values upward.

4. Community Living and Lifestyle Advantages

Residential projects near Technopark are designed to meet the expectations of modern
urban living. Many of Trivandrum’s most lifestyle-focused villas and apartments are
located in these growth zones.

Buyers, especially IT professionals and families, look beyond location and consider
amenities such as:

● Gated community environments
● Children’s play areas
● Landscaped common spaces
● Clubhouses, gyms, and swimming pools
● Dedicated work-from-home spaces
● Visitor areas and ample parking

These features support both professional productivity and family life, making
Technopark-adjacent homes highly desirable for long-term living.

5. Steady Property Appreciation Over Time

Real estate near Technopark has emerged as one of Trivandrum’s most stable investment
segments. Continuous job creation, infrastructure upgrades, and rising rental demand
have ensured consistent value appreciation.

Growth Trends Over the Past Decade

● Land value appreciation: 150% – 240%
● Apartment prices: ₹3,700 → ₹7,500+ per sq. ft.
● Villa values: ₹80 lakh → ₹1.4 crore+

With further development planned and employment opportunities continuing to grow, the
residential market here shows no signs of slowing down.

6. Advantages of Pre-Booking Homes in High-Demand Zones

Pre-booking a villa or apartment during the early construction phase offers buyers several
benefits:

● Lower entry price compared to ready-to-move units
● Flexible payment options
● Early-buyer incentives and offers
● Rental support after handover (as per builder policies)
● Strong bank financing options

High-demand areas naturally attract more residential projects, and homes developed by
builders with a proven track record often see early bookings.

At Shanoor Homes, we currently have projects under construction with excellent
connectivity to Technopark. With projects already progressing steadily, assured timelines,
and a strong track record in Trivandrum’s real estate market, our focus remains on
creating homes that balance location, lifestyle, and long-term value.

More Than Just a Convenient Location

The rise of IT employment, continuous infrastructure development, strong rental demand, family-friendly community living, and long-term appreciation have firmly positioned the Kazhakootam–Technopark region as Trivandrum’s most in-demand residential zone. Owning a home here is not just about cutting down commute time; it is about securing a place in the heart of a growing city and making a real estate choice that offers both lifestyle comfort and future financial stability