The Growth of IT Parks & Its Impact on Apartments in Kazhakkoottam & Nearby Areas
Trivandrum, the capital city of Kerala, has witnessed a remarkable transformation over the past decade, especially in areas like Kazhakkoottam. Once a quiet suburban region, Kazhakkoottam has now emerged as a bustling IT hub, thanks to the presence of Technopark, one of the largest IT parks in Asia. This growth has had a profound impact on the real estate market, particularly in the demand for luxury apartments in Kazhakoottam and nearby areas.
In this blog, we’ll explore how the rise of IT parks has influenced the real estate landscape and why investing in apartments in this region is a smart choice.
The Rise of Kazhakoottam as an IT Hub
Kazhakoottam’s transformation began with the establishment of Technopark in the 1990s. Today, Technopark is home to over 400 companies, including global giants like Infosys, TCS, and UST Global. The park employs over 60,000 professionals, creating a massive demand for residential properties in the vicinity.
The upcoming Technocity project, also known as “Smart City,” is set to further boost the region’s IT infrastructure. With plans to accommodate over 100,000 professionals, Technocity is expected to be a game-changer for Trivandrum’s real estate market.
Impact on the Real Estate Market
The growth of IT parks in Kazhakoottam has led to a surge in demand for luxury apartments and other residential properties. Here’s how the IT boom has impacted the real estate market:
- Increased Demand for Housing: With thousands of IT professionals working in Technopark and Technocity, there is a growing need for high-quality housing options. This has led to a rise in the construction of luxury apartments in Kazhakoottam and nearby areas.
- Rising Property Values: The influx of IT professionals has driven up property prices in the region. Areas like Kazhakoottam, Sreekaryam, and Kulathoor have seen significant appreciation in property values over the past few years.
- Development of World-Class Amenities: To cater to the needs of IT professionals, developers are offering luxury apartments with world-class amenities such as swimming pools, gyms, landscaped gardens, and 24/7 security.
- Improved Infrastructure: The growth of IT parks has led to the development of better infrastructure, including improved road networks, public transportation, and shopping complexes.
Why Invest in Apartments in Kazhakoottam?
Investing in luxury apartments in Kazhakoottam offers several advantages:
- High Rental Yields: With a large number of IT professionals looking for rental properties, apartments in Kazhakoottam offer attractive rental yields.
- Capital Appreciation: Property values in Kazhakoottam are expected to continue rising, making it a lucrative investment option.
- Quality of Life: Kazhakoottam offers a perfect blend of urban conveniences and natural beauty, making it an ideal place to live.
- Proximity to IT Hubs: Living in Kazhakoottam means being just a short commute away from Technopark and Technocity, making it a preferred choice for IT professionals.
Cordon Builders: Your Partner in Luxury Living
At Cordon Builders, we understand the evolving needs of modern homebuyers. Our latest project, Cordon Crystal Park, offers super luxury apartments in Kazhakoottam, designed to provide the ultimate living experience.
Key Features of Cordon Crystal Park:
- Prime Location: Located opposite the Infosys campus in Kazhakoottam, Cordon Crystal Park offers easy access to Technopark and other major IT hubs.
- World-Class Amenities: From a swimming pool and fitness center to landscaped gardens and a chapel, our apartments are equipped with everything you need for a luxurious lifestyle.
- Flexible Options: Choose from 1, 2, and 3 BHK apartments, starting at just 46 lakhs onwards.
- Timely Delivery: With a proven track record of delivering projects on time, we ensure a hassle-free experience for our customers.
Conclusion
The growth of IT parks in Kazhakoottam has transformed the region into a thriving real estate hotspot. With rising demand for luxury apartments and increasing property values, now is the perfect time to invest in this promising location. Whether you’re looking for a dream home or a lucrative investment opportunity, Cordon Builders offers the best in luxury living.
Explore Cordon Crystal Park and discover why we are the preferred choice for luxury apartments in Kazhakoottam. Contact us today to schedule a site visit and take the first step towards owning a piece of luxury.