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Early in December , the Environment Ministry panel gave conditional clearance for constructing the Rs.4,000 crore Vizhinjam International Deepwater Multipurpose Seaport in Thiruvananthapuram. The Kerala Government is planning to build the port, a public-private partnership project, in three years and then choose an operator to take it forward.
The huge investment to the tune of 1000's of crores is sure to give the real estate sector a major boost in Trivandrum, with prices likely to appreciate in excess of 30% in the next few years. To understand how the investment in the port will affect real estate prices in select locations in the city and the prospective regions to invest in, please get in touch with our experts at www.nandanamconsultants.in
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