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Why Trivandrum Will Lead Kerala’s Property Market in the Next 5 Years

Trivandrum’s Real Estate Momentum: A City Built for the Future

flats in Trivandrum

When analyzing urban development and property market trends in Kerala, Trivandrum
stands out for its stability, long-term vision, and consistent growth. Unlike speculative
real estate cycles seen in some cities, Trivandrum’s property market has evolved steadily,
supported by infrastructure development, employment generation, and large-scale public
and private investments.

Over the past few years, the city has witnessed significant transformation, and the pipeline of upcoming projects suggests that this momentum is far from slowing down. Looking ahead, multiple indicators strongly suggest that Trivandrum will emerge as   Kerala’s most valuable real estate location over the next five years.

Let’s explore the key factors driving this growth.

1. IT Campus Expansion and the Technopark Effect

flats in Trivandrum

One of the most powerful forces shaping Trivandrum’s real estate market is the expansion
of Technopark and its surrounding IT ecosystem.

With over 490 IT companies and more than 75,000 professionals, Technopark is among
India’s largest IT campuses. This concentration of talent and enterprise has created a
sustained demand for residential properties, especially in areas such as Kazhakootam and
its nearby localities.

Over the last decade, demand for villas and apartments near Technopark has consistently
outperformed many central city areas. Ongoing developments, such as Technocity and the
Phase III expansion, are expected to sustain this demand for at least the next five years.

As long as employment opportunities continue to grow, the residential market anchored
around Technopark is likely to remain resilient and attractive for both end-users and
investors.

2. Vizhinjam International Seaport: A Game-Changer for the Region

flats in trivandrum

The Vizhinjam International Seaport is not just a landmark project for Trivandrum; it is a
transformational development for Kerala’s economy.

As India’s first deep-water transhipment port located just 10 nautical miles from
international shipping routes, Vizhinjam is positioned to attract global attention. The port
is expected to generate extensive economic activity through:

● Logistics and warehousing zones

● Transport and supply-chain businesses

● Ancillary commercial developments

These activities will lead to large-scale employment creation, which directly impacts
residential demand. As job opportunities increase, the need for housing, both rental and
owned, will rise significantly in and around Trivandrum.

In the coming years, Vizhinjam is likely to play a major role in reshaping the city’s real
estate landscape.

3. Unprecedented Infrastructure Development

flats in Trivandrum

Trivandrum is currently undergoing one of the most ambitious infrastructure developments
phases in its history.

Key projects include:

● NH 66 six-lane expansion, now more than 50% complete

● Improved connectivity between Kazhakootam and Kattakada corridors

● Road upgrades supporting Vizhinjam Port operations

● Strengthening of the Kovalam–Karode road stretch

● Progress on the Outer Ring Road, which will redefine urban mobility

These projects will not only reduce travel time but also open up new growth corridors connecting Technopark and Vizhinjam. Improved connectivity enhances rental demand, increases residential convenience, and boosts long-term land value.  

Infrastructure development forms the backbone of sustainable urban growth, and
Trivandrum’s ongoing upgrades strongly support future real estate appreciation.

 4. Stable and Healthy Property Value Appreciation

One of the defining characteristics of Trivandrum’s real estate market is its steady and
predictable value growth.

Between 2019 and 2024, apartment prices in the city recorded an average appreciation of
25% to 35%, with similar trends observed across multiple micro-markets.

Current price ranges across Kerala broadly indicate:

● 2BHK apartments: ₹40–90 lakh

● 3BHK apartments: ₹60 lakh – ₹1.5 crore

● Villas: ₹1 crore – ₹5 crore

Considering Trivandrum’s ongoing development and expanding economic base, property
appreciation is expected to continue over the next five years, making it an attractive
option for both lifestyle buyers and long-term investors.

 5. A Strong and Diverse Buyer Profile

The strength of any real estate market lies in the quality and consistency of its buyer base.
Trivandrum benefits from a well-balanced mix of buyers, including:

● IT professionals and entrepreneurs

● Business owners and consultants

● NRIs seeking long-term investments

● Young families purchasing their first home

● Investors focused on stable rental income

Each year, more people from these profiles relocate to Trivandrum, drawn by employment opportunities, quality of life, and the city’s growth prospects. Most buyers prefer properties located within designated growth zones, further reinforcing demand in key residential corridors.

This steady influx ensures that Trivandrum’s real estate market remains demand-driven
rather than speculative.

Shanoor Homes: Building for Lifestyle and Long-Term Value

At Shanoor Homes, we design our villa and apartment projects with a clear focus on
lifestyle quality and future appreciation. Our developments are strategically located in
Trivandrum’s emerging growth zones, offering residents the advantage of modern living
along with strong long-term investment potential.

By aligning our projects with the city’s infrastructure expansion and employment hubs,
we aim to create homes that serve both present comfort and future value.

Trivandrum’s Five-Year Advantage

What truly sets Trivandrum apart is its consistent demand, driven by professionals,
families, NRIs, and entrepreneurs alike. The city’s balanced growth pace, livable environment, strong rental market, and future-focused infrastructure projects collectively
position it as Kerala’s most reliable real estate destination.

Over the next five years, Trivandrum is expected to continue strengthening its role as a
city that offers not just homes, but secure, future-ready investments. For buyers and
investors looking for long-term value, few cities in Kerala present a stronger case. 

author avatar
Sooraj J

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