January 2025

Kerala’s capital city of Trivandrum is a growing place for real estate investments as well as being a center of natural beauty and cultural past. When estimating the purchase value of 3BHK flats in Trivandrum, buyers must take into consideration a number of variables that affect property wants. This complete manual will help you in grasping the things that buyers and sellers of 3BHK apartments in Trivandrum should be mindful of. Location Matters An important factor in determining the flat’s selling value is its location. In general, resale values are higher in areas near important landmarks like Technopark, Greenfield International Stadium, reputable schools, hospitals, and shopping malls. Because of their dominant positions and excellent accessibility, neighborhoods like Kazhakkoottam, Kowdiar, and Vattiyoorkavu are highly sought after. Builder Reputation and Project Quality Properties built by reputable builders like Chothys Builders with a reputation for on-time delivery and high-quality construction are frequently given preference by buyers. Apartments from reputable developers will probably have a higher resale value than well-maintained apartments with modern benefits in a branded complex. Demand for 3BHK Flats in Trivandrum Families, working professionals, and NRIs make up a healthy portion of Trivandrum’s population, and many of them favor 3BHK apartments due to their roomy designs. The city’s improving infrastructure and the increasing number of IT workers have raised demand for these homes, which has improved their resale value. Amenities and Facilities The resale value of 3BHK flats in Triavndrum is greatly increased by contemporary features including parking, power backup, gyms, swimming pools, and recreational areas in addition to nonstop security. Before making a purchase, buyers should evaluate these amenities’ long-term upkeep and operational quality. Legal Clearances and Documentation Buyers are more interested in apartments with clear legal documentation, such as tax receipts, property registration, and local government permissions. Make sure there aren’t any legal troubles with the apartment because they may turn off potential purchasers and reduce its resale value. Age of the Property Well-maintained older properties can also fetch attractive resale prices, even though newly built apartments often have a higher market value. The desirability of an older apartment to buyers can be greatly increased with routine improvements and updates. Market Trends and Economy The Trivandrum economy and real estate market as a whole have a significant impact on property resale values. Buyers and sellers can make better selections by keeping an eye on local market trends, governmental regulations, and infrastructure advancements. Proximity to IT Hubs The value of 3BHK apartments is increased by being close to Technopark, one of India’s biggest IT hubs. There is more demand in these locations since buyers in the IT sector frequently seek out residences near their places of employment. Rental Income Potential With schemes like Vizhinjam Port and Technopark expansion in the works, Trivandrum is developing quickly. Over time, the resale value of properties close to these development projects is probably going to increase. Future Development Plans With schemes like Vizhinjam Port and Technopark expansion in the works, Trivandrum is developing quickly. Over time, the resale value of properties close to these development projects is probably going to increase. Key Takeaway Purchasing a 3BHK apartment in Trivandrum is a profitable thing to do for both investors and end users. Buyers can enhance the purchase value of their investment by taking into consideration of elements such as market trends, builder reputation, location, and services. To get the best price, sellers should focus on keeping the property in good shape and scheduling the time for sale to coincide with powerful market conditions. Knowing the everything of the Trivandrum real estate market is essential to making an enlightened decision, whether you’re buying or selling. Chothy’s Builders provides Crown Apartments, offering premium 3BHK apartments tactically located in Trivandrum, close to key landmarks like Technopark and Greenfield International Stadium, ensuring a perfect blend of luxury and convenience.