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A detailed analysis of apartment and villa projects done by Nandanam Consultants across 64 locations and 52 developers who operate out of Trivandrum city, throws out some interesting statistics. Kazhakootam, in trivandrum leads from the front in the property arena with over 30 projects and a minimum of 3000 to 4000 units coming up there in the next 2 to 3 years. Following Kazhakootam is Pattom, Kowdiar, Vazhuthacaud and Sreekaryam although these come in at distant second, with less than 50% of units being created compared to that of Kazhakoottam.
Other upcoming areas which are grabbing attention of various developers are Peroorkada, Poojapura, Vellayambalam, Kuravankonam, Menamkulam, Vattiyoorkavu and Sasthamangalam. Areas which have reported 4 or lesser number of projects in the past few years, are those which have potential in the future as the city grows.
Zonal Analysis: We divide the areas in Trivandrum which have higher real estate activity into three zones, namely
- Zone 1: More than 1000 units being created in next one to two years;
- Zone 2: More than 500 units being created in next one or two years
- Zone 3: Minimum of 100 units being created in the next one or two years.
Areas under Zone 1 include: Kazhakootam, Pattom, Kowdiar, Vazhuthacaud, Sreekaryam
Areas under Zone 2 include: Kariyavattom, Peroorkada, Poojapura, Vellayambalam, Kuravankonam, Menamkulam, Sasthamangalam , Ulloor, Vattiyoorkavu
Areas under Zone 3 include: All other locations in Trivandrum as mentioned in the table below.
Recommendations:
1. A large number of units i.e .over 4000 being created in and around Kazhakootam means that investors should be prudent and look for value for money investments in the area. Today Kazhakootam offers value units in and around 30-35 Lacs for those looking for budget apartments. The objective of such large inventories near Kazhakootam is to serve the IT audience which might start living there in a few years. These 4000 units can easily accommodate an additional 100,000 individuals/families in the city. For someone looking to buy a second apartment, other areas in Zone 1 or Zone 2 might be good to consider instead of Kazhakuttam given the huge oversupply that could come in a few years.
2. For other areas in Zone 1 like Kowdiar, Vazhuthacaud etc. our advise would be go selective and choose builders based on reputation, expertise and timely delivery. Projects in these areas are likely to run into 4500-6000 per sq.ft. and hence one has to make a wise decision on the project based on locations, rentals etc.
3. Areas in Zone 2 and Zone 3 offer choices for home buyers with a wide variety of options and choice of locations. Developers usually have multiple parcels of lands in a given area, so one might see multiple projects by the same developer in Zone 2 and Zone 3 areas. To get more choice a home buyer could keep his options open when it comes to these zones and choose the investment that meets his or her needs.
Before you buy your house or apartment do consult our experts on which locations in Trivandrum makes sense to invest in, based on projects under construction or those in the pipeline. This will enable you to make a prudent decision and not commit to a property, if there is oversupply and avoid paying more than required to buy a property in a area which might not have enough end user demand.
| Location | No of Projects | Min Units |
| Kazhakootam | 30 | 3000 |
| Pattom | 18 | 1800 |
| Kowdiar | 16 | 1600 |
| Vazhuthacaud | 15 | 1500 |
| Sreekaryam | 11 | 1100 |
| Kariyavattom | 9 | 900 |
| Peroorkada | 7 | 700 |
| Poojapura | 7 | 700 |
| Vellayambalam | 7 | 700 |
| Kuravankonam | 6 | 600 |
| Menamkulam | 6 | 600 |
| Sasthamangalam | 6 | 600 |
| Ulloor | 6 | 600 |
| Vattiyoorkavu | 6 | 600 |
| Mannamthala | 5 | 500 |
| Akkulam | 4 | 400 |
| Kaimanom | 4 | 400 |
| Kesavadasapuram | 4 | 400 |
| Kumarapuram | 4 | 400 |
| Nanthancode | 4 | 400 |
| Pettah | 4 | 400 |
| Peyad | 4 | 400 |
| PTP Nagar | 4 | 400 |
| Ambalamukku | 3 | 300 |
| Jagathy | 3 | 300 |
| Thampuranmukku | 3 | 300 |
| Balaramapuram | 2 | 200 |
| Enchackal | 2 | 200 |
| Kudapanakunnu | 2 | 200 |
| Mudavanmugal | 2 | 200 |
| Nalanchira | 2 | 200 |
| Paruthippara | 2 | 200 |
| Perunthani | 2 | 200 |
| PMG | 2 | 200 |
| Pongamoodu | 2 | 200 |
| Thycaud | 2 | 200 |
| Vanchiyoor | 2 | 200 |
| Anayara | 1 | 100 |
| Choozampala | 1 | 100 |
| Gandhipuram | 1 | 100 |
| Kachani | 1 | 100 |
| Kaniyapuram | 1 | 100 |
| Kanjirampara | 1 | 100 |
| Karamana | 1 | 100 |
| Kattanam | 1 | 100 |
| Killipalam | 1 | 100 |
| Kovalam | 1 | 100 |
| Kuzhivila | 1 | 100 |
| Marapallam | 1 | 100 |
| MC road | 1 | 100 |
| Mukkola | 1 | 100 |
| Museum | 1 | 100 |
| Muttada | 1 | 100 |
| Nedumangad | 1 | 100 |
| Ngandoorkonam | 1 | 100 |
| Ootukuzhy | 1 | 100 |
| Pattoor | 1 | 100 |
| Pothencode | 1 | 100 |
| Powdikonam | 1 | 100 |
| Puliyarakonam | 1 | 100 |
| Thirumala | 1 | 100 |
| Vattapara | 1 | 100 |
| Maruthamkuzhi | 1 | 100 |
| Thiruvalla | 1 | 100 |
