With a robust economic and infrastructure development, the landscape of Thiruvananthapuram is set to change in the long term.
The capital city of Kerala, Thiruvananthapuram (TRV), known for its extravagantly green and beautiful landscapes and unceasing vitality, has been conferred with the label of ‘The Evergreen City of India’. The political, academic and industrial hub that this city has become in the last few decades has attracted a large number of people from the neighbouring cities seeking job, business and academic opportunities.This in turn has sparked a demand for affordable housing.
Affordable housing is the most chewed over issue in the real estate sector in present times because of growing requirement of housing for the lower income population. Being the capital city, TRV has witnessed a substantial growth in infrastructure in the last few decades and has also been selected for centre’s ‘Smart City’ project recently. With fast developing infrastructure, the dream of affordable housing will soon be a reality in TRV.
Prime areas
The central part of the city, well connected by means of road and rail network, is a promising option for affordable housing. The city bypass road starting from Kazhakoottam and further extending to Kovalam establishes good connectivity within the city. NH-66 passing through Kazhakoottam connects TRV to Ernakulam (Kochi).
This story is from the May 2017 edition of Outlook Money.
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This story is from the May 2017 edition of Outlook Money.
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