Wednesday 5 December 2012

Options aplenty for those looking for luxury villa or house in Trivandrum

In the past few years many a villa developers have made Trivandrum their home. For those seeking a luxury villa and having budgets in excess of 75 Lakhs or 1 Crore, options available are many and varied in Trivandrum.

When it comes to Trivandrum villa developers are combining aesthetics, design and culture in a multitude of ways so that it appeals to the Malayalee who has dreamt of a home with classic luxury couple with traditional looks. Homes in Trivandrum from various builders are commonly found in the 50 to 75 Lakhs bracket, although those looking for plush villas above 1crore definitely have many more options.

Cities like Bangalore today boast of villas which launch in the range of 3 to 5 crores for a reasonably sized plot of land in residential areas like Indiranagar, Whitefield, Domlur etc. While villas in these regions used to be available at close to 1Crore a few years back around 2007, growth and demand for luxury villas has been both profound and kind of unstoppable. A large influx of NRIs settled abroad seeking new haven in Bangalore along with an ecosystem of venture capitalists and high profile business men has been one of the reasons for this demand. Some villa projects also are launched on a invite only basis for select community of wealthy and well known names in the society.

While Trivandrum is at least a few years away from this kind of a phenomenon, demand for villas has been creeping up all the time. For someone looking to invest 1crore or more he or she could choose from standalone houses in 15 or 20 cents of land with modern amenities, or villa projects in a gated community with latest in construction and design, and even plush four bed apartments or pent houses available in a few projects.

Investment in villas or homes in good locations is always profitable with land appreciation year on year, but gated communities also offer the dual benefits of common facilities like swimming pools, kids play area, gardens, play area, party halls and so on which may not be present in a individual house.

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