Trivandrum has always seen a high demand for rental properties, thanks to the number of government institutions, reputed higher education institutes, and hospitals in the city. There is a large floating population in Trivandrum, so purchasing flats to rent them out should be part of your real estate investment strategies in Trivandrum.
The best locations are those that are close to IT hubs and business parks, have excellent infrastructure like road and rail connectivity, schools, hospitals and clinics, banks, markets, stores selling essentials, and so on. Ideally, these areas should also be safe, clean, and be free from problems like water logging in monsoons, have adequate greenery, and also provide a few avenues for recreation and entertainment.
Here are the key localities in Trivandrum's exploding rental market:
This was a jungle years ago, but was transformed into a residential area, nearly 100 years ago. Jagathy still retains plenty of greenery and is a beautiful neighbourhood that is popular with families. Famed for The Rajiv Gandhi Centre for Biotechnology and as the hometown of Malayalam actor Sreekumar, Jagathy boasts a number of prestigious residential projects, both old and new.
Two national highways, an intricate network of arterial roads, and Pettah and Trivandrum Central railway station ensure excellent connectivity. Families that want green surroundings are willing to pay premium rents for flats in Jagathy.
Situated just 11 km away from the main railway station, Sreekaryam is a centrally located neighbourhood that is very popular with young and affluent families. Trivandrum international airport is in proximity, and the road network ensures that commutes are fast and smooth.
Sreekaryam is also popular due to the presence of a number of renowned schools and colleges, multi-speciality hospitals like KIMS, and shopping and entertainment hubs like Lulu Mall. You can find a number of upscale apartments with the latest amenities in this locality, and there is always high demand for rental flats here.
Kazhakkoottam is an important suburb of the capital city and is developing swiftly. The IT township, touted to be the largest one in India, is driving the demand for housing. As professionals and entrepreneurs are coming in from all over the country, they prefer rented apartments, at least initially.
In addition to the IT industry, Kazhakkoottam is home to the Vikram Sarabhai Space Centre, the Greenfield Stadium, and the ancient Mahadeva temple, making it scientifically and culturally important.
The presence of transitory professionals and entrepreneurs is pushing demand for rental apartments. Premium flats with amenities are preferred by those working in the IT industry.
Poojappura boasts a rich heritage and is steeped in history. The Maharaja of Travancore performed a ritual on the Mahanavami day in the old days, and today there are other forms of worship, continuing the legacy. A kavadi procession is conducted on Vijayadashami, and attracts thousands of participants.
The suburb is also known as the home of Kerala’s central jail. Established by the British rulers of the time, it is a famous landmark today.
Poojappura is ideal for those families who want a serene and peaceful environment for their families.
Non-residents of the city who explore the benefits of homeownership vs. renting in Trivandrum, tend to prefer renting, as they are unsure how long they will remain in the city and are unwilling to put their money into buying a flat. This presents a golden opportunity for you. Investing in real estate, especially in a residential property gives you flexibility and a promise of lucrative returns, or a steady monthly income.
Buying a flat from Varma Homes is one of the best decisions you can make, as all our projects are strategically located in the most desirable residential locations of Trivandrum. As one of the most prominent builders in the city, we understand the benefits of living in such localities.
Use this to your advantage to purchase one of those flats and rent it out to earn a steady income every month. Take your pick from: The Varma Trident in Jagathy, Varma Sreekaryam, the Varma Suburban in Kazhakkoottam, and Varma Dr. Pai's Legacy and Varma Dr. Pai's Heritage in Poojappura.
All projects are RERA approved, and boast superior construction, world-class amenities, and aesthetic designs: everything you would want in your dream home.
Come, check out our premium 2 and 3 BHK flats, today.
Invest smartly with Varma Homes’ Apartments in Trivandrum, located in the city’s most in-demand rental zones. Enjoy steady income, premium amenities, and the pride of owning a RERA-approved home. Schedule a site visit today and secure your profitable investment!
Which are the best areas in Trivandrum to buy apartments for rental income?
The top localities in Trivandrum for rental income include Jagathy, Sreekaryam, Kazhakkoottam, and Poojappura. These areas are well-connected, close to IT hubs, educational institutions, and hospitals ensuring steady demand from professionals, students, and families seeking quality rental apartments.
Why is investing in Apartments in Trivandrum a smart choice for steady income?
Investing in Apartments in Trivandrum is a wise decision due to the city’s growing IT sector, reputed institutions, and strong infrastructure. With a large floating population and increasing housing demand, rental properties here offer high occupancy rates and consistent monthly returns.
What should I look for when choosing a property in Trivandrum for rental purposes?
When buying a property for rental income, focus on location, connectivity, nearby amenities, and builder reputation. Choosing RERA-approved projects like those from Varma Homes ensures legal safety, superior construction, and better long-term returns on investment.