Real Estate Market in Trivandrum for Flat Buyers

April 5th, 2025

Real Estate Market in Trivandrum for Flat Buyers

The real estate market in Trivandrum offers a growing, well-regulated landscape with strong infrastructure, rising demand, premium localities, and future-ready investments for homebuyers, investors, and NRIs.

If you are planning to buy flats in Trivandrum, now is the right time to act. According to a recent article published in The Times of India, Kerala’s capital city has emerged as the state’s frontrunner in residential real estate, by recording 2987 registrations in 2024 – the highest among all districts.

You can benefit from the city’s growing appeal – which is backed by strong infrastructure, consistent demand, and regulatory clarity under Kerala Real Estate Regulatory Authority (K-RERA). For flat buyers, this means better project accountability, more options in desirable neighbourhoods, and the potential for long-term value appreciation.

Importance of Understanding Market Trends before Investing in a Flat

Whether you are exploring flats for sale in Trivandrum or planning long-term investment, knowing the city trends gives you the edge to take confident and informed decisions.

  • Understand Price Movements: By tracking these patterns, you can avoid overpaying during market highs and can take advantage of price dips / developer benefits that align with your budget
  • Assess Rental and Resale Potential: Analysing rental yield trends helps you decide if your flat will generate passive income or hold resale value over time
  • Identify Value Opportunities: You gain clarity on which areas offer appreciation potential, and which ones are already saturated – helping you invest in apartments in Trivandrum that promise better long-term returns

Real Estate Market in Trivandrum for Flat Buyers

As per this JLL report, the real estate landscape in the city has evolved rapidly, driven by government-backed infrastructure growth and a surge in organised residential development. With the success of Technopark and the state’s ongoing push for a vibrant startup ecosystem through Kerala Startup Mission (KSUM), the city has emerged as a magnet for professionals, entrepreneurs, and investors.

Backed by proactive government policies and consistent urbanisation, Trivandrum has seen dynamic growth across residential, commercial, retail, and hospitality properties. Over 70% of residential stock is already sold, reflecting healthy demand and market stability. For flat buyers, this translates into tangible benefits – such as better construction quality, transparent transactions, and well-designed gated communities.

Why You Should Invest in Real Estate Market in Trivandrum

This market is rapidly emerging as a prime investment destination in South India. If you are exploring flats for sale in Trivandrum, understanding what sets this city apart will help you make an informed and future-proof investment.

  • Strategic Location & Excellent Connectivity: Enjoy effortless access to key cities such as Kollam, Alappuzha, Kottayam, Kochi, Thrissur, and Kanyakumari through arterial routes including MG Road, Trivandrum-Nagercoil Highway, Trivandrum-Kilimanoor Road, and Mumbai-Kanyakumari Highway NH66.
  • Robust IT Ecosystem Driving Demand: Live close to major employment hubs such as Technopark, Technocity, TCS, and UST Global. These tech corridors continue to drive residential demand and steady rental income, especially among working professionals.
  • Educational and Healthcare Excellence: Secure long-term lifestyle value with proximity to reputed institutions like Loyola School, Government Medical College, and VSSC Central School. Leading hospitals such as GG Hospital and SCT Institute for Medical Sciences add further confidence in your location choice.
  • Verdant Greenery and Superior Quality of Life: Trivandrum’s natural charm lies in its abundant greenery, scenic vistas, and eco-conscious cityscape. Lush surroundings and clean air elevate the city’s liveability – making it a healthy, peaceful environment ideal for both families and retirees.

Best Localities to Buy Apartments in Trivandrum

The capital city of Kerala offers diverse neighbourhoods to suit every need – be it luxury, convenience, or rental potential. Described below are the best localities to buy a flat, based on connectivity, infrastructure, and long-term value.

  1. Kowdiar

    If you plan to buy flats in Trivandrum that offer exclusivity, elegance, and comfort, Kowdiar should be at the top of your list. Known for refined ambience and premium lifestyle, this upscale area blends heritage charm with modern conveniences – offering you a living experience unlike any other in the city.

    The area provides seamless connectivity, access to reputed schools like Holy Angels’ ISC School, healthcare centres such as SK Hospital, and a vibrant mix of cafes, fine dining restaurants, and boutique shopping avenues.

    Average price: ₹12,162 per sq ft

  2. Akkulam

    This serene waterfront locality combines natural beauty with urban convenience, providing an ideal setting for families and professionals alike. Its proximity to major employment hubs, including Technopark, ensures seamless work-life balance. Akkulam is also witnessing significant real estate growth, with luxury residential projects such as SOBHA Ridge – Whispering Hill.

    Investing in this area not only promises a peaceful living environment, but also positions you strategically within the thriving real estate market in Trivandrum. Surrounded by verdant greenery and serene backwaters, Akkulam offers a refreshing escape from urban chaos while keeping you well connected to key parts of the city. If you are seeking apartments in Trivandrum that offer tranquillity without compromising on connectivity, Akkulam is an exceptional choice.

    Average price: ₹5551 per sq ft

  3. Kazhakootam

    Strategic location near Technopark and other IT hubs makes this area a preferred choice for professionals and young families, looking to live close to their workplaces while enjoying excellent social infrastructure. You can benefit from a wide range of residential options – including gated communities and premium apartments – along with seamless access to NH66, Trivandrum International Airport, and reliable public transport.

    The presence of top educational institutions like VSSC Central School and Alan Feldman Public School – along with multi-speciality hospitals, shopping centres, and entertainment spots – ensures a convenient and well-rounded lifestyle. This area has quickly emerged as one of the most vibrant and sought-after neighbourhoods for flats for sale in Trivandrum.

    Average price: ₹5696 per sq ft

  4. Pattom

    If you are looking for flats for sale in Trivandrum that offer both convenience and connectivity, Pattom stands out as a reliable choice. With government offices, financial institutions, and transport links concentrated in the area, you can benefit from a well-organised neighbourhood that caters to daily needs and professional life alike.

    The locale offers quick access to NH66, city bus stations, Trivandrum Central Railway Station, and Trivandrum International Airport, enabling seamless daily commutes and weekend travel. Surrounded by schools, shopping centres, and hospitals, Pattom delivers a balanced lifestyle that appeals to working professionals, families, and long-term investors.

    Average price: ₹6250 per sq ft

  5. Peroorkada

    If you are searching for flats for sale in Trivandrum that offer both value and convenience, Peroorkada is a location worth considering. Situated in a well-established residential zone, this neighbourhood gives you access to good social infrastructure – be it schools, hospitals, supermarkets, or public transport – without compromising on tranquillity.

    The area features steady infrastructure growth and easy connectivity to central hubs like Kowdiar and Vellayambalam. As the real estate market in Trivandrum continues to expand, Peroorkada stands out as a balanced choice that delivers on both lifestyle and long-term value.

    Average price: ₹8362 per sq ft

  6. Vazhuthacaud & Sasthamangalam

    Standing out for their strong infrastructure, historical relevance, and civic accessibility, these two neighbourhoods remain high on the list in the real estate market in Trivandrum.

    In Vazhuthacaud, you can stay connected to some of the city’s oldest institutions – such as Government College for Women and Cotton Hill Girls Higher Secondary School – while enjoying proximity to Trivandrum Central Railway Station and International Airport.

    Sasthamangalam, on the other hand, offers a serene setting enriched by the historical presence of the Sasthamangalam Sree Mahadevar Temple and tree-lined residential lanes. You will find well-designed apartments in Trivandrum in both these locations – suited for professionals, families, and senior citizens. If you wish to buy flats in Trivandrum that offer the perfect blend of heritage, convenience, and cultural richness, these two areas are the right choice.

    Average price in Vazhuthacaud: ₹6666 per sq ft

    Average price in Sasthamangalam: ₹6604 per sq ft

Price Trends in Real Estate Market in Trivandrum

With the average rate of residential properties in the city standing at ₹6030 per sq ft, you can benefit from diverse prices and long-term value. Those looking to buy flats in Trivandrum, can benefit from the flexibility to choose from a wide range of projects across premium and emerging localities. For investors, the average rental income of ₹18,888 per month makes apartments in Trivandrum a reliable source of passive income.

Key Factors to Consider Before Buying Flats in Trivandrum

These considerations ensure you buy with confidence and clarity in the evolving real estate landscape of the city.

  • RERA registration and legal clearances: Ensure the project is registered with Kerala RERA Authority and is legally approved, to safeguard your investment from future disputes
  • Developer reputation and project quality: Choose nationally renowned developers with proven track record of timely delivery and quality construction
  • Amenities and infrastructure: Opt for flats that offer modern amenities in gated communities, and are located in areas with reliable civic infrastructure
  • Location and Connectivity: Select a neighbourhood with easy access to workplaces, educational institutions, hospitals, malls, multiplexes, and transport hubs
  • Future Development & Infrastructure Growth: Invest in areas with planned infrastructure projects, to benefit from long-term value appreciation

Challenges in the Real Estate Market in Trivandrum

  • Delays in Project Completion: Some residential projects face extended timelines due to procedural approvals and labour shortages. This can affect your move-in plans and increase overall financial commitment, if you are paying rents and EMIs simultaneously for many months, or even years.
  • Limited Land Availability in Prime Areas: As demand grows, centrally located neighbourhoods like Kowdiar and Akkulam may face space constraints. This pushes new developments to peripheral areas, impacting your daily commute and access to city conveniences.

Future Outlook

The real estate market in Trivandrum has shown steady appreciation over the years, and the momentum is expected to accelerate with many high-impact infrastructure projects in the pipeline. Some of them are Vizhinjam International Seaport expansion, upcoming phases of Technopark, and e-charging stations across the state – all of which will improve connectivity and boost demand across key localities. Incidentally, Vizhinjam is India’s first deep-water transshipment port, first automated port, and the only Indian port directly adjacent to an international shipping lane.

Adding to the momentum of this infrastructure development, the upcoming Thiruvananthapuram Metro is expected to revolutionise the city’s public transport network. The ₹1300 crore expansion of Trivandrum International Airport will enhance connectivity, attract more business and tourism, and position the city as a commercial hub.

Conclusion

As infrastructure projects gain momentum and demand continues to grow, the real estate market in Trivandrum presents a strong opportunity for long-term investment and lifestyle upgrades. Whether you are a first-time buyer or an NRI exploring residential options, now is the time to act.

With a wide selection of apartments in Trivandrum catering to various budgets and needs, you can secure a future-ready home in one of the most promising cities in South India.

FAQs

1. Is Trivandrum a good place to invest in real estate?

Yes, Trivandrum is a good place to invest in real estate, thanks to its strong infrastructure, steady price growth, and rising demand from professionals and NRIs. With the highest number of residential unit registrations in Kerala in 2024, the real estate market in Trivandrum reflects growing buyer confidence.

2. Which are the best localities to buy flats in Trivandrum?

The best localities to buy flats in Trivandrum are Kowdiar, Akkulam, Kazhakootam, Pattom, Peroorkada, Vazhuthacaud, and Sasthamangalam.

3. What is the average price of flats for sale in Trivandrum?

The average price of flats for sale in Trivandrum is ₹6030 per sq ft, with premium localities commanding higher rates. Investors can also benefit from rentals averaging ₹18,888 per month.

4. Is it better to buy a flat in a gated community or a standalone apartment?

It is better to buy a flat in a gated community, if you prefer modern amenities, enhanced security, and community living.

5. Are there any upcoming infrastructure projects that will boost Trivandrum’s real estate?

Yes, there are upcoming infrastructure projects that will boost Trivandrum’s real estate, including Vizhinjam International Seaport, upcoming Technopark Phases, proposed Thiruvananthapuram metro, and ₹1300 crore expansion of Trivandrum International Airport.

6. What are the legal checks before buying flats in Trivandrum?

Legal checks before buying flats in Trivandrum are verifying Kerala RERA registration at https://rera.kerala.gov.in/ apart from checking land title, project approvals, and developer credibility. These ensure your investment is secure, and free from future disputes.

7. How is the rental market in Trivandrum?

The rental market in Trivandrum is stable and promising, with monthly rental income averaging ₹18,888.

8. What financing options are available to buy flats in Trivandrum?

Financing options available to buy flats in Trivandrum include home loans from nationalised banks, private lenders, and NBFCs.

9. How can NRIs invest in apartments in Trivandrum?

NRIs can invest in apartments in Trivandrum, through NRE / NRO accounts and by choosing Kerala-RERA-approved projects from nationally renowned developers.

10. What are the key risks of buying flats in Trivandrum?

The key risks of buying flats in Trivandrum include delays in project completion and increasing prices in high-demand areas.

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