Astride Aishwarya Homes Vista, Pattom, Trivandrum

1. Residences that Suit Your Pocket in Trivandrum Gaining a real time perspective, be it the construction of metro projects in all major metropolitans in the country or the inception of nearly 51 million new real estate projects in the commercial and residential segments, the last five years have proven to be quite profitable for the real estate industry and for the Indian economy on the whole. Construction industry has come up as the most flourishing sector in the country. The nation has the ability to become the leading destination for real estate business across the globe, says Mr. Neeraj Bansal, Head of real estate, KPMG India. All these statistics clearly demonstrate the uphill trend this industry is witnessing at present and in the years to come. The sector which constitutes nearly 11% of the national GDP, has majorly grown due to substantial growth in other sectors like IT, manufacturing, finance and hospitality, increased number of business and employment opportunities, higher income levels, a 100% FDI allowance and a well-managed financial regime based on sound-fundamentals. As indicated by the estimates, the size of Indian real estate market is approximately US $ 78.5 billion. The figure is expected to reach approximately US $ 140 billion by 2017. However, major real estate growth has been witnessed in metropolitans like Delhi/NCR, Mumbai, Kolkata, Chennai, Pune and last but not the least- Bangalore. Real Estate Growth in Trivandrum Vital indications of real estate growth in Trivandrum can be assessed from the Vizhinjam project, announced in December of 2013. The trans-shipment terminal which is coming up at Vizhinjam has also been enticing a number of real estate investors in the region.  A plethora of surveys conducted by real estate companies, IT employees and other members of the service sector have clearly shown that villas are highly in demanded over other forms of real estate in Trivandrum. Appreciation of land’s value being the foremost one. Herein, if you own a few cottahs of land for a villa rather than undivided land share in flats, you can get high appreciation for villas. In the Siberian ends of the town (like Neyyatinkara) near the Vizhinjam port, developers of a number of townships have started to exhibit interest. This surely is a good sign, as townships offer all residents with quick access to different facilities and amenities.

2. Housing Projects in Trivandrum Beacon Terrace by Beacon Projects: A residential development by the renowned Beacon Projects in Mannanthala that offers 2-3 BHK apartments, within a price range of ₹49- 68.99 Lac. The area per unit varies between 1221-1730 sq. ft. With the whole project being built in a 10 acre stretch, possession is expected somewhere around February 2016. Astride Aishwarya Homes Vista by Astride Builders: A residential project by the famous Astride Builders in Pattom offers 2-3 BHK apartments, within a price band of ₹52.76-54 Lac. The area per unit varies between 1047-1798 sq. ft. With possession being due in March 2017, all modern day amenities will be provided to the buyers. Hunting a residence to live requires a thorough analysis of the real estate market in your locality. But all works out fine, if the right approach is adopted. Anshuman Kukreti is a professional writer and a keen follower of the Indian real estate market. An engineer by qualification and an artist at heart, he writes on various topics relating to real estate projects across the country. Reach him @ LinkedIn, Twitter and Google+.