An investor’s main point is to get the best returns possible. When you look at the best prospective investment – Real Estate tops that list. Indian real estate market has seen a huge boom over the past few years. People have moved beyond the traditional cities – Delhi and Mumbai and smaller cities have taken over. They are the best bet – great returns on an affordable investment; and Trivandrum in Kerala is amongst that list.

Kerala located on the Malabar Coast and has highest literacy rate and sex ratio along with lowest homicide rate in India. Kerala was also termed as the least corrupt state in India. This state also has the highest media exposure in the country. Kerala is one of the most sorted after tourist spot in India. Kerala as listed as one of the 10 Paradises in the world by National Geographic. People flock to this city for its glorious cuisine and the beautiful backwaters.

Trivandrum was termed as “Evergreen city of India” by Mahatma Gandhi. This city is amidst the low hills and a coastal line to one side. This is one of the commercial and academic hubs of our country. This city also is on To-Invest list of the investors. One must think, when we have so many cities in India; why invest in Trivandrum? Well to get a brief idea why Kerala is crawling up that investors list.

Reason 1 – Cost of living
Cost of living in Trivandrum is pretty reasonable compared to other urban cities in India. For example Local purchasing power in Trivandrum is 21.31% lower than Bangalore and 12.88% lower than Hyderabad.

Cost of Living Index:
    Consumer Price Index (Excl. Rent): 21.46
    Rent Index: 4.19
    Groceries Index: 24.27
    Restaurants Index: 11.89
    Consumer Price plus Rent Index: 13.08
    Local Purchasing Power: 60.38

Reason 2 – International Sea Port – Vizhinjam
This is upcoming and proposed sea port in Trivandrum. It is said that it would be the largest port in the world. The prospect of this to happen would make the real estate prices hit the roof. So if you invest now, in the long run it would prove extremely beneficial for you.

Reason 3 – Affordable Investments
Trivandrum right now is one of the most affordable investments available. People who live here, as first didn’t believe in the culture of living in Flats. They preferred their independent bungalows and houses, rather that living in high rises. Today things have changed. With leading builders coming in Trivandrum and building world class luxurious flats and apartments – living in Trivandrum has been transformed over the years. Sreekariyam is one of the most famous localities in Trivandrum. This area is centrally located and has all the major facilities near this by. You also have the train station 11Kms away. You have many new properties coming up in and around this area like the super luxury residential property called Shanoor Centre Point. These are affordable 3-4 BHK villas inbuilt with all the modern amenities. Then you have Snowparnika Vaishnavam which is a high-rise apartment complex. These are 2-3 BHK apartments which are both spacious and modern.    

Reason 4 – Scenic Beauty
As said before, Trivandrum is known was its beauty. From the sky it looks like a city covered with green through which few high-rises can be seen peeping out. If you invest here you would have an opportunity to come here once in a while and relax. With the sea coast nearby – your free time would suddenly become extremely better.

Reason 5 – Climate
This city has a costal climate and is mostly pleasant throughout the year. With summers being sunny and warm and it doesn’t mean the piercing sun; and beautiful rainy season; with the temperature ranging between 21 degrees to 34 degrees. The lowest temperature recorded is 15 degree Celsius.

Reason 6 – Food and Culture
Trivandrum’s food is world famous. From the mouthwatering sea food to the unforgettable vegetarian dishes Trivandrum serves it all. Even in the modern times, Trivandrum has somewhat managed to stay the same way. The culture of Trivandrum is still kept intact. They believe in the simplicity of life. Good food and good people are amongst the reasons to live in this city.

Having your investment not in a city that is corporate jungle but somewhere where you can breathe the clean fresh air every morning. Feel the breeze of the sea on your face and live amongst the peace and serenity of a city that is warm and living. Trivandrum is definitely something you should look into.

Article Posted By : sanjanamurya  On September 22, 2014lView All Articles

Trisha is a professional writer and adviser on property and real estate. She is an ardent reader, a traveler and a passionate photographer. She wants to explore the world and write about whatever comes acros

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Shanoor Centre Point , Shanoor Centre Point Sreekariyam Trivandrum