Why Demand for Flats in Trivandrum Remains Strong Despite Tech Layoffs

Posted onSep 08, 2025

Thanks to the huge push for self-reliance and modernization from the Government of India, the IT industry began growing at an exponential rate in the country. Cities like Pune, Noida, Gurugram, Bengaluru, and Hyderabad became prime destinations for startups and IT companies. The emergence of IT as a huge employer in such cities also led to heavy demand for housing, especially apartments. Builders all over the country scrambled to meet this demand.

Recently however, there was some unexpected and startling development: Tech giant TCS made an announcement that they would be laying off about 2% of their workforce. In actual figures, the number is expected to be very high.

This wreaked havoc among developers in cities that were focused on the IT boom for selling apartments, thinking that other big companies would follow suit. In Trivandrum, however, it did not make the ripples that were expected. The reason being that Trivandrum is not that dependent on the IT industry for selling property. As the capital of Kerala, it has many current and future opportunities for growth. The demand for housing has not tanked, and is still going strong. In Trivandrum, the real estate sector is impacted by many factors, and they help to maintain a balance in times of uncertainty in one sector.

What is the Actual Situation?

The TCS layoffs are true, but it is not going to impact all categories of employees and trigger a collapse of the company. There is no stoppage of hiring, either. It is an internal decision that is more to do with AI adaptation and skill reconfiguring. Freshers are still being hired across the country, along with tech experts with highly specialized skills, and it’s only mid-level and senior employees who are being terminated.

The Benefits Of Living In Trivandrum

Trivandrum, being Kerala’s capital, is home to a number of important institutions for government administration, research, higher education, and healthcare. It is also a very green city, and has an equitable climate. The presence of international sea and airports ensure connectivity to the rest of the world. ISRO is located here, which is the centre for India’s space program.

Trivandrum has many NRIs who invest in real estate here, too, making lifestyle apartments a popular segment for real estate. These properties offer higher ROI whether rental or long-term appreciation. Hundreds of professionals live here, and they all contribute to the growth of real estate.

Hence the city is not that impacted by boom or slump in the IT sector.

Stability in Local Employment Sectors

Trivandrum has an impressive IT township in Kazhakkoottam, where there are a number of small companies and startups. We have already seen that it houses many important institutes in various sectors. All of them provide plenty of employment opportunities. Major banks and MNCs are also located here, adding to the employment opportunities. All these facts make Trivandrum an ideal destination for real estate investment. It is the perfect place to buy a flat and settle down as you can expect steady appreciation in property value here.

Traditional Values, Modern Growth

Trivandrum is a city steeped in tradition and values, and yet it has everything that modern lifestyle offers, like convenience and comfort. Modern transportation system, cosmopolitan lifestyle, glitzy malls, and more. There are heritage buildings and ancient temples standing alongside sparkling new glass-facade buildings. Trivandrum also has abundant natural beauty: golden sandy beaches, vast emerald green spaces, misty peaks, and serene lakes. A truly wonderful place to live.

Conclusion

As you can see, Trivandrum is one of the ideal cities for you to purchase an apartment. Your real estate investment strategies in Trivandrum must prioritize not only investing in a lifestyle apartment in the city, but to choose the right builder, too.

Look for an apartment that you will be able to sell for a profit after a few years should you want to, or that will give you a steady and decent monthly rent in case you will not live there. 

When you choose to buy from Varma Homes, you can be sure to get one of the best apartments in Trivandrum. We have 2, 3, and 4 BHK apartments featuring innovative amenities in some of the city’s best residential areas. All our projects are approved by RERA, so you can rest assured that every regulation is followed.

Smart Investment, Smart Living. Whether for yourself or as an income-generating asset, our RERA-approved Flats in Trivandrum deliver excellent ROI. Talk to our experts and find out how much your property can grow.

FAQs

Why is now a good time to invest in flats in Trivandrum?

Trivandrum’s real estate market remains strong due to its diverse economy, government institutions, and a steady inflow of NRI investments. Even with fluctuations in the IT sector, the demand for flats in Trivandrum stays stable because the city isn’t solely dependent on IT jobs. With upcoming infrastructure projects and consistent growth in property values, now is an ideal time to buy, whether for personal use or as a long-term investment.

Which areas in Trivandrum are best for buying a flat?

Some of the most popular areas for flats in Trivandrum include Kazhakkoottam, Pattom, Kowdiar, Vazhuthacaud, and Sreekariyam. These localities are well-connected, close to schools, hospitals, and workplaces, and offer a mix of modern amenities and peaceful living. Choosing a flat in these prime locations also ensures higher rental income and better resale value in the future.

What should I look for when buying a flat in Trivandrum?

When buying a flat, check for RERA approval, the reputation of the builder, and the quality of construction. Consider factors like location, connectivity, proximity to essential services, and available amenities such as parking, security, and recreational spaces. At Varma Homes, all our flats in Trivandrum are RERA-approved and designed with modern features, ensuring both safety and long-term value.