Curation Team
THIRUVANANTHAPURAM: In a significant boost to the capital’s real estate sector, Thiruvananthapuram emerged as the frontrunner in residential project registrations under Kerala Real Estate Regulatory Authority (K-RERA) for the first half of the year.
From Jan 1 to June 30, state capital recorded a remarkable 1,068 residential units, the highest in the state and the only district to surpass the 1,000-unit milestone.
The latest data, released by state govt via K-RERA website on Monday, highlights Thiruvananthapuram’s continued momentum in real estate development. The city was followed by Ernakulam with 887 units and Kozhikode with 632 units, indicating a strong urban housing trend across Kerala’s major cities.
Districts like Thrissur (320), Palakkad (164) and Malappuram (113) also showed notable activity. However, several districts, including Alappuzha, Wayanad and Kasaragod, recorded zero registrations during this period.
A senior K-RERA official commented on the trend, saying, “Thiruvananthapuram’s performance reflects both increased investor confidence and the city’s growing appeal as a residential hub. We are seeing more structured and compliant development, which is encouraging for long-term real estate stability in the state,” the official added.
Last year too, Thiruvananthapuram was on the top list. Since Vizhinjam Port is operational now and several IT projects are in the pipeline, there is a great demand from NRIs and techies from South Tamil Nadu to buy homes in the city. As per the figures available with K-RERA, number of residential buildings grew by 44% between 2021 and 2023 until Nov.
Trivandrum Chamber of Commerce and Industry (TCCI) president S N Raghuchandran Nair said Vizhinjam Port has become a game changer for Thiruvananthapuram. “Not only Vizhinjam Port, but several IT companies are eyeing this city. Besides, Thiruvananthapuram is a major health destination with many hospitals coming up. Considering all these, the capital city will be the next real estate hub,” Nair added.
Currently, the real estate hotspots in Thiruvananthapuram are Sasthamangalam, Kazhakkoottam, Kowdiar, Kumarapuram and Kuravankonam. The apartments on either side of NH-66 at Akkulam and Kazhakkoottam also have huge demand. The reasonable cost of living is also a main attraction. With the launch of two IT majors — Accenture and HCL — in capital, more young professionals chose Thiruvananthapuram over other cities.
