Developing Housing Market of Thrissur
February 10th, 2020
Situated in the southern part of India, Thrissur is popularly known as the cultural capital of Kerala. It has a rich legacy of culture, religion and spiritualism. With a thriving manufacturing sector, the city is undergoing a major transformation in its bid to compete with other technology-driven cities in the region. This has helped Thrissur develop into a lucrative real estate destination, with demand for office space and housing.
Due to its location, consumers find Thrissur a cost-effective alternative to other cities in the state. This is supplemented by easy access to Info Park and Technopark via the national highway bypass.
In the last few years, the city has witnessed improved connectivity, with railway station just 2.1 km away from the city centre and Cochin international airport is just 50 kms away. The city also has easy access to all leading social infrastructures and some of the best educational institutions, hospitals and shopping centres.
Besides connectivity, Thrissur is increasingly becoming a magnet for established developers due to the availability of land, good law enforcement practices and thriving tourism industry. Moreover, the city enjoys a moderate temperature throughout the year.While the moderate climate makes it a favourable destination for senior living, especially post retirement, NRIs consider the city as a suitable investment destination. Further, the home buyers in the city prefer luxury housing. According to experts, about 55% of the consumers own luxury homes. In fact, Thrissur has seen a surge in luxury housing projects.
Some of the prominent housing markets of Thrissur include Amala Nagar, Adat, Ayyanthole, Pottore, Attore, Puzhakkal and Pukunnam. Some of the prominent luxury housing projects from the house of SOBHA include SOBHA Lake Edge and SOBHA Silver Estate.