Investing in Real Estate Near Technopark
DATE: 02:05:2024Technopark, Kerala’s largest IT hub is undergoing rapid expansion, and attracting professionals from all over the country to come build their career here. This has also meant a steadily rising demand for quality housing for this increasingly young breed of techies. And since most people prefer living close to their workplace, investing in real estate near Trivandrum’s IT hub, Technopark, makes a very strategic decision for the following reasons:
Steady Demand
Proximity to Technopark ensures a steady demand for residential properties around its vicinity. Investing in apartments near Technopark provides a consistent market for real estate investment.
Rental Income Potential
A high demand for properties near Technopark by techies from Technopark has also meant consistent rental income yields for well-maintained and strategically-located flats near Technopark.
Capital Appreciation
Due to sustained demand, real estate values of apartments near employment hubs like Technopark are only poised to appreciate further in the coming years, providing attractive returns on investments.
Infrastructure Development
The advent of Technopark has led to extensive civic infrastructure development around the area. Enhancing the livability quotient of the area, includes an an improved transportation network, excellent road connectivity and civic facilities and amenities.
Quality of Life
Best residential areas near Technopark offer high quality of life including access to green spaces, entertainment centers, educations institutes, healthcare facilities and shopping centers.
Stable Tenant Profile
Since techies at Technopark have stable incomes and make financially-stable tenants, the risk of default on their rent is minimized, making property investment near Technopark a feasible venture.
Diversification
Real estate investment near Technopark makes an excellent and safe choice for portfolio diversification. Investors exposure to the IT sector makes for a safe bet.
Future Growth Potential
Technopark is evolving and expanding rapidly, attracting more companies and professionals from around the country and abroad. Hence, investing in real estate near Technopark offers great potential and growth in assets.
Economic Resilience
Since economic downturns rarely affect the IT sector, investing in real estate properties near IT hubs ensures stability of your investment.
Strategic Location
Technopark is located ideally along the new NH6 highway, linking it easily to airports, multispecialty hospitals, premier educational institutions and entertainment hubs. This enhances the value of real estate investments near Technopark.
The 2 & 3 BHK Urbanscape Midtown apartments in Kazhakoottam by the Bhima group provide excellent options for those looking to invest in real estate near Technopark.
