Trivandrum’s Techno City: Evolving Marketing Trends

Real estate is a very dynamic phenomenon, constantly evolving with economic demands, varying lifestyles, and infrastructure developments. For someone interested in buying, selling, or renting, having proper insights into the evolving marketing trends in Trivandrum can help you choose the right locale and set the right price. As Technocity continues to rise as a major real estate hotspot in the capital city, it has become an extremely appealing place for IT professionals, families, new homebuyers, and investors. To cater to the increasing demand for flats for sale near Technocity, property developers in Trivandrum are launching well-designed, modern apartment projects situated in strategic locations to meet the demands of new-generation homebuyers and investors. Throughout this blog, we will go through the latest real estate trends around Technocity and how flats for sale in Trivandrum have become the most preferred residential option. 

An Overview of Technocity 

Technopark Phase 4, commonly known as Technocity, is the latest addition to the state’s IT infrastructure. Located in Pallipuram, along NH 66, Technocity spans 389.74 acres of land and is conveniently situated within the reach of the existing phases of Technopark. Being the latest addition to the largest IT park in Asia, Technocity comes with excellent connectivity and convenience, with the construction of the Outer Ring Road, a 6-lane highway, and the proposed Trivandrum Metro, with the Pallipuram. Additionally, the hub is set to host a range of IT and ITeS projects that range from biotechnology to aerospace and defence projects. 

As an IT-integrated township, the Technopark Phase 4 campus has the potential to create around one lakh jobs, resulting in the need for accessible and modern living spaces in Pallipuram and neighboring locales. Flats have become the most appealing solution for IT professionals, families, and investors due to the comfortable, safe, and secure lifestyle they provide. As the appeal for Technocity rises gradually, the real estate market around Pallipuram is growing in demand, with flats for sale in Trivandrum as the most favored residential choice.

Major Real Estate Market Trends Around Technocity 

As Technocity continues to develop into a major IT landmark, it is shaping the district’s real estate market trends, creating opportunities for new homebuyers and investors, with flats for sale in Trivandrum gaining the most attention.

Demand for Housing: As Technocity fosters countless opportunities for jobs across multiple industries, professionals and their families prefer a space that is close to the workplace as well as other major amenities. This adds to the convenience and better work-life balance, making it a major driving factor that is influencing real estate trends near Pallipuram and Technocity regions. 

Preference for Apartments: Flats have become the go-to option for homebuyers and investors alike in today’s economy, as they provide the perfect balance of affordability, access to modern and world-class amenities, safety, security, and comfort. 2 and 3-BHK flats have become the most popular choices near Technocity and Pallipuram, as they meet the requirements and needs of those who are looking to buy flat in Trivandrum. 

Investor Interest and Long-term Rental Potential: A huge influx of professionals and their families guarantees a huge demand for residential spaces for both permanent relocation and rental purposes. The binary advantage of assured appreciation value and steady rental income presented by flats for sale in Trivandrum, especially those near Technocity, has made them highly sought-after and trending investment options across the district for maximum returns in the long run. 

Infrastructure and Developments: In addition to the IT infrastructure inside Technocity, the proposed Trivandrum Metro with a stop at Pallipuram makes it one of the most accessible locations in the city. Access to NH 66 and the upcoming Outer Ring Road adds to this point, increasing the real estate value for the real estate projects in the area, making Technocity the best locale for investors and homebuyers. 

Sustainable Approach Towards Housing: Today’s generation prefers housing that employs sustainable practices, such as rainwater harvesting and effective waste management. As green living continues to be more favored among residents across the world, builders in Trivandrum are integrating these features to cater to international business communities and environmentally conscious homebuyers. 

Established Builders: With trusted builders developing luxurious apartment projects across the Technocity region, new homebuyers are promised modern living spaces designed and built following the latest construction methodologies and using high-quality materials. The presence of established and reliable builders in Trivandrum further contributes to the appeal of flats for sale in the Technocity region, making it one of the major factors affecting the real estate market in the region. 

Convenience and Facilities: Modern apartments in Technocity guarantee a modern and comfortable lifestyle. They offer ease of access to educational institutions, medical facilities, shopping centers, and entertainment hubs. Moreover, these flats offer world-class amenities such as 24/7 security, landscaped gardens, gyms, multipurpose halls, swimming pools, and more. Flats for sale in Trivandrum are the perfect solution to help you improve the quality of your life while contributing to the investment potential of the region. 

Investing near Technocity with Desai Homes

Desai Homes, one of the best builders in Trivandrum, offers luxurious and modern flats for sale in Trivandrum near Technocity and Pallipuram areas. Each of our apartments near Technocity reflects modern architecture, highest-quality construction, and comfort. Our apartment projects are also built around strategic locations across the city, benefitting ease of access to offices as well as other conveniences and facilities. Our apartments near Technocity, Pallipuram, include: 

• DD Sports City Hippodrome
• DD Sports City Pavilion 
• DD Sports City Arena
• DD Sports City Stadia
• DD Sports City Galleria

If you are planning to buy a flat in Trivandrum, look no further than Desai Homes. Experience the best lifestyle through our apartments that offer the perfect balance of lifestyle, convenience and investment potential. Contact us today to book your premium flat near Technocity, Pallipuram.