Investing in Trivandrum Real Estate: NRI FAQs Answered.

Trivandrum, the capital of Kerala, is rapidly becoming a prime destination for Non-Resident Indians (NRIs) looking to invest in real estate. With its growing infrastructure, beautiful surroundings, and a thriving economy, Trivandrum offers lucrative opportunities for NRIs.

In this blog, we answer some of the most frequently asked questions by NRIs interested in investing in Trivandrum real estate, with a special focus on properties from Cordon Builders.

1. Why Should NRIs Invest in Trivandrum Real Estate?

Trivandrum is a city that blends modern development with natural beauty. Its expanding infrastructure, excellent connectivity, and an influx of professionals make it an attractive investment option. With sectors like technology, education, and tourism booming, Trivandrum is witnessing an increase in demand for both residential and rental properties. NRIs can benefit from the city’s affordable yet upscale real estate options and the potential for consistent property value appreciation.

2. What Types of Properties are Available for NRIs in Trivandrum with Cordon Builders?

Cordon Builders offers a range of luxurious and ultra-luxurious residential properties in prime locations like Vazhayila and Nalanchira–Mukkolakkal Road. Our developments include:

  • Cordon Elegance: An ultra-luxury apartment complex located in Nalanchira–Mukkolakkal Road, offering a perfect blend of comfort and style. These 2, 3, and 3.5 BHK apartments are designed for those seeking the highest standards of living with modern amenities, expansive interiors, and prime locations.
  • Imperial Gardens: Located in the sought-after Vazhayila neighborhood, this project offers luxurious 2BHK and 3BHK apartments, providing a perfect mix of modern living and tranquility.

These properties cater to NRIs looking for upscale living or investment opportunities that promise high returns.

3. What are the Legal Considerations for NRIs Investing in Trivandrum?

NRIs are allowed to invest in residential properties in India, and there are certain key legal considerations:

  • Property Ownership: NRIs can purchase property either individually or jointly with a family member.
  • Payment Methods: Property payments can be made via NRE (Non-Resident External) or NRO (Non-Resident Ordinary) accounts.
  • Documentation: NRIs must have the necessary documentation like a valid passport, visa, and proof of income.

4. How Can NRIs Finance Property Purchases in Trivandrum?

Financing options for NRIs include:

  • Home Loans: Leading Indian banks offer home loans to NRIs, based on factors like income stability, credit scores, and property value.
  • Personal Funds: Many NRIs prefer using funds from their NRE/NRO accounts for property investments.

5. What Are the Expected Returns on Investment?

Trivandrum’s real estate market has consistently shown strong growth, and properties like Cordon Elegance and Imperial Gardens offer excellent potential for both rental income and long-term capital appreciation. The demand for high-end apartments is particularly strong in areas like Vazhayila and Nalanchira–Mukkolakkal Road, ensuring NRIs can expect great returns from both capital appreciation and rental yields.

6. How Can Cordon Builders Help NRIs with Property Investment in Trivandrum?

Cordon Builders provides expert guidance and personalized services for NRIs, helping you make informed decisions throughout the property investment process. From choosing the perfect apartment to handling legal procedures, our team ensures a smooth experience. Our developments, such as Imperial Gardens, Cordon Elegance, offer luxurious living spaces that are ideal for investment or personal use.

7. What are the Tax Implications for NRIs Investing in Indian Real Estate?

NRIs need to consider the following tax implications:

  • Income Tax on Rent: Rental income is taxable in India, and NRIs need to file income tax returns.
  • Capital Gains Tax: When selling property, capital gains tax is applicable. Long-term capital gains are taxed at a lower rate compared to short-term capital gains.

8. How to Visit Properties in Trivandrum from Abroad?

For NRIs, property viewing can be arranged through virtual tours and video calls, allowing you to view the property remotely. If you’re planning to visit Trivandrum, Cordon Builders offers personalized assistance to ensure you can explore the properties and finalize your investment smoothly.

Conclusion

Trivandrum is quickly becoming one of the most attractive real estate markets for NRIs. With luxurious and ultra-luxury options like Cordon Elegance and Imperial Gardens, the city offers a wealth of investment opportunities.

Whether you’re looking for a dream home or a sound investment, Trivandrum’s real estate market is ready to welcome you.

For more details, contact us at:

  • Mobile: +91 81570 72222, +91 99460 25555,
  • Email: marketing@cordonbuilders.com

Start your journey with Cordon Builders and secure your dream home in Trivandrum today!