Sunday 15 July 2012

Trivandrum Real Estate Price Trends by location

Trivandrum is one of the few cities in India which has witnessed property appreciation on a CAGR of 25 to 33% compared to Metros, wherein some metros have even witnessed single digit appreciation. Traditionally land investments give better returns, however, apartments might be a better choice for those customers who stay abroad, prefer rental income and don't visit India a regular basis. Our Trivandrum real estate price trends are indicative and can vary by builder, location etc. These rates are based on the market information available on the ground with builders, agents, customers etc. Please call us to understand further before purchasing or selling your dream home.

Prevailing rates of real estate for some areas in Trivandrum:

Apartments
Vellayambalam - Sasthamangalam - Rs.5000 to Rs.6000 per sq.ft (varies by builder & availability). Appreciation over last 3 years - CAGR - 36%
Sasthamangalam - Vattiyoorkavu - Rs. 2500 to Rs.3500 per sq.ft (varies by builder). Appreciation over last 3 years - CAGR - 30%
Vazhuthacaud - Vellayambalam - Rs. 5000 to Rs.6000 per sq.ft (varies by builder). Appreciation over last 3 years - CAGR - 34%
These rates depend on amenities in the building, location etc. 

We don't estimate prices of land as many more factors like approach road, proximity to bus stops and auto stands, utilities like hospitals , shops, schools nearby might further affect property rates in the same area. Please discuss with us for purchase or sale of land if you are interested.

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