Trivandrum real estate price trends show a steady rise, driven by rapid urban development, IT expansion, and improved infrastructure. The city, once known for its serene lifestyle, has become a major real estate hotspot in Kerala, attracting both local and NRI investors. Here’s a detailed look at how property prices are expected to perform in 2024–2025.
1. Overview of the Current Market (2024)
In 2024, Trivandrum witnessed an average 10–12% growth in property prices, with steady demand across both residential and commercial sectors. The average apartment price ranges between ₹4,500–₹7,500 per sq. ft., depending on the locality and project specifications.
Premium areas such as Pattom, Kowdiar, and Sasthamangalam saw significant appreciation due to limited land availability and growing demand for luxury homes. Meanwhile, suburban zones like Kazhakkoottam, Sreekariyam, and Peroorkada continued to attract mid-range buyers and renters.
2. Key Factors Driving Price Growth
a. IT and Infrastructure Development:
The expansion of Technopark Phase III and Technocity continues to attract IT professionals, pushing rental and purchase demand higher in nearby areas like Kazhakkoottam and Pallippuram.
b. Improved Connectivity:
Ongoing projects such as the Vizhinjam International Seaport and Light Metro Project are improving connectivity and boosting property values.
c. Lifestyle Demand:
Buyers now prioritize gated communities, eco-friendly projects, and smart homes — increasing prices for premium developments.
3. Area-Wise Price Insights (2024)
| Locality | Average Price (₹/sq.ft.) | Trend |
|---|---|---|
| Kazhakkoottam | 5,000 – 6,000 | Rising steadily |
| Pattom | 7,000 – 9,000 | Stable growth |
| Peroorkada | 4,500 – 6,000 | Moderate growth |
| Sreekariyam | 5,000 – 6,500 | Consistent demand |
| Kowdiar | 9,000 – 12,000 | Premium segment |
| Vattiyoorkavu | 4,500 – 5,500 | Budget-friendly |
4. Forecast for 2025
Analysts expect property prices in Trivandrum to rise by 8–10% in 2025, supported by:
- Ongoing government infrastructure investments
- Increasing migration of IT professionals and startups
- Expanding middle-class housing demand
- Greater focus on sustainable and smart real estate projects
Investors can expect strong returns from suburban zones near Technopark, as rental yields remain high due to growing demand for affordable and mid-segment housing.
5. Ideal Investment Pockets for 2025
If you’re planning to buy property in 2025, these areas show promising potential:
- Kazhakkoottam: IT hub with consistent appreciation and rental demand.
- Sreekariyam & Pongumoodu: Affordable housing with proximity to educational and healthcare centers.
- Peroorkada & Vattiyoorkavu: Fast-developing suburbs offering budget-friendly apartments and villas.
- Kowdiar & Sasthamangalam: For luxury buyers seeking long-term value stability.
6. Expert Insight
Trivandrum’s real estate market is shifting from a buyer’s market to a balanced one. Developers are focusing on affordable and sustainable projects to meet rising urban housing needs. With steady demand, transparent property laws, and infrastructure upgrades, the 2024–2025 period offers one of the best windows for investment in Kerala’s capital.
Conclusion : Trivandrum real estate price trends
The Trivandrum real estate price trends for 2024–2025 signal consistent growth, with increasing opportunities for both investors and homebuyers. Whether you’re looking for a budget apartment near Technopark or a premium villa in Kowdiar, Trivandrum’s evolving market ensures solid value appreciation and lifestyle comfort in the years ahead.