logo
T'puram leads state in residential registrations

T'puram leads state in residential registrations

Time of India01-07-2025
T'puram: In a significant boost to the capital's real estate sector, Thiruvananthapuram emerged as the frontrunner in residential project registrations under Kerala Real Estate Regulatory Authority (K-RERA) for the first half of the year.
From Jan 1 to June 30, state capital recorded a remarkable 1,068 residential units, the highest in the state and the only district to surpass the 1,000-unit milestone.
The latest data, released by state govt via K-RERA website on Monday, highlights Thiruvananthapuram's continued momentum in real estate development. The city was followed by Ernakulam with 887 units and Kozhikode with 632 units, indicating a strong urban housing trend across Kerala's major cities.
Districts like Thrissur (320), Palakkad (164) and Malappuram (113) also showed notable activity. However, several districts, including Alappuzha, Wayanad and Kasaragod, recorded zero registrations during this period.
A senior K-RERA official commented on the trend, saying, "Thiruvananthapuram's performance reflects both increased investor confidence and the city's growing appeal as a residential hub.
We are seeing more structured and compliant development, which is encouraging for long-term real estate stability in the state," the official added.
Last year too, Thiruvananthapuram was on the top list. Since Vizhinjam Port is operational now and several IT projects are in the pipeline, there is a great demand from NRIs and techies from South Tamil Nadu to buy homes in the city. As per the figures available with K-RERA, number of residential buildings grew by 44% between 2021 and 2023 until Nov.
Trivandrum Chamber of Commerce and Industry (TCCI) president S N Raghuchandran Nair said Vizhinjam Port has become a game changer for Thiruvananthapuram. "Not only Vizhinjam Port, but several IT companies are eyeing this city. Besides, Thiruvananthapuram is a major health destination with many hospitals coming up. Considering all these, the capital city will be the next real estate hub," Nair added.
Currently, the real estate hotspots in Thiruvananthapuram are Sasthamangalam, Kazhakkoottam, Kowdiar, Kumarapuram and Kuravankonam. The apartments on either side of NH-66 at Akkulam and Kazhakkoottam also have huge demand. The reasonable cost of living is also a main attraction. With the launch of two IT majors — Accenture and HCL — in capital, more young professionals chose Thiruvananthapuram over other cities.
Get the latest lifestyle updates on Times of India, along with
Doctor's Day 2025
,
messages
and quotes!
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US, Pakistan consider plans to expand counterterror, critical minerals collaboration
US, Pakistan consider plans to expand counterterror, critical minerals collaboration

Hindustan Times

time35 minutes ago

  • Hindustan Times

US, Pakistan consider plans to expand counterterror, critical minerals collaboration

Washington and Islamabad will discuss plans for close counter-terrorism and mining collaborations – particularly in the field of critical minerals – the two countries announced on Friday. This came after a meeting between US secretary of state Marco Rubio and Pakistan's foreign minister Ishaq Dar in Washington. US secretary of state Marco Rubio (R) greets Pakistani foreign minister Ishaq Dar at the department of state on July 25, 2025 in Washington, DC. (AFP) 'Secretary of State Marco Rubio met today with Pakistani Deputy Prime Minister/Foreign Minister Ishaq Dar. Secretary Rubio expressed appreciation for Pakistan's continued willingness to play a constructive role in mediating conversations with Iran and its commitment to preserving regional stability. The two also discussed prospects for deepening bilateral counterterrorism cooperation, including countering ISIS-K, and the upcoming U.S.-Pakistan Counterterrorism Dialogue in Islamabad this August,' said US state department spokesperson Tammy Bruce. Also Read | Donald Trump repeats 'five jets' during India-Pakistan conflict claim, Congress reacts 'The Secretary underscored the importance of expanding mutually beneficial bilateral trade and exploring prospects for enhancing collaboration in the critical minerals and mining sectors,' added Bruce. Dar, who has been Pakistan's foreign minister since last year, claimed that Pakistan's mineral reserves were worth an estimated $6-8 trillion during a subsequent public event at the Atlantic Council, a think tank. Dar added that American investors were welcome to explore Pakistan's minerals and natural resources sector. Also Read | Pakistan willing for 'meaningful dialogue' with India: PM Shehbaz Sharif 'We also exchanged views on key regional and global developments. I appreciated the U.S. constructive role in facilitating the recent Pakistan-India ceasefire. We reaffirmed the importance of close coordination at multilateral fora, including at the UN Security Council. With continued dialogue and mutual respect, I am confident we can build a more stable, prosperous, and mutually beneficial future for both our nations,' Dar said about his meeting with Rubio in a statement on X. During an event at the Atlantic Council, Dar called for a longer-term partnership between Islamabad and Washington instead of a 'transactional' relationship. Dar also declared that Pakistan remains ready for a 'composite dialogue' with India. This marked the first in-person meeting between Rubio and Dar since the former took office in January this year. Their meeting also comes after President Donald Trump hosted Pakistan's Army Chief Field Marshal Asim Munir in Washington DC in June. Dar also defended his country's relationship with China. 'It's a matter of who gives the better deal. We should not be seeing through the lens of another country. It has to be standalone. I did say we have great strategic relations with China but we have a long-lasting friendship with the US all the time,' Dar said. The Pakistani foreign minister went on to say that Islamabad could play the role of a bridge between America and China as the two superpowers navigate bilateral tensions.

RERA slaps penalties on 5 developers over delays, violations
RERA slaps penalties on 5 developers over delays, violations

Time of India

time4 hours ago

  • Time of India

RERA slaps penalties on 5 developers over delays, violations

Hyderabad: In a series of rulings delivered between July 24 and 25, the Telangana Real Estate Regulatory Authority (RERA) imposed penalties on multiple real estate developers for violations related to villa, flat, and plot sales. The action followed complaints filed by aggrieved consumers against five developers—Suvarnabhoomi Infra Developers Pvt Ltd (Banjara Hills), Maha Infra Developers (Kondapur), Edifice Projects Private Ltd (Jubilee Hills), 2getherments Infra Pvt Ltd, and Bhuvanteza Infraprojects Private Ltd. B Suresh Goud and five others filed a complaint against Suvarnabhoomi Infra and Maha Infra for failing to complete the Suvarna Sampada 2 project. Though the project was to be completed within three years of obtaining HMDA approval, it remained incomplete even after six years. Basic infrastructure such as streetlights was missing, and those erected were demolished by TSSPDCL for being unauthorised. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad RERA imposed a joint penalty of ₹5.9 lakh on both developers and directed them to complete the development and promised infrastructure within 60 days. Doppalapudi Anitha of Bengaluru and others filed a complaint against Edifice Projects for failing to register their housing project. RERA imposed a fine of ₹15.2 lakh and directed the developer to immediately register the project. Misleading claims KSR Togetherments Flat Owners Mutually Aided Co-operative Society filed a complaint against 2getherments Infra Pvt Ltd, accusing the developer of misleading buyers by falsely advertising amenities and uploading an incorrect agreement for sale on the RERA portal. RERA slapped an ₹18 lakh fine on the developer and directed it to convene a general body meeting to refund or adjust maintenance charges. The developer must also transfer shops located on the ground and first floors—originally designated as common amenities—to the association, as per statutory requirements. A complaint from Archana Dhanasetty of Bansilalpet led to a ₹6.4 lakh penalty against Bhuvanteza Infra for not registering the 'Happy Homes phase I' project. Despite receiving ₹47 lakh in full payment, the developer failed to begin construction or deliver possession. RERA directed the company to refund the entire amount with 10.8% annual interest within 30 days of receiving the order.

Rubio meets Pak foreign minister: Talks focus on trade, Iran ties; counterterrorism dialogue in August
Rubio meets Pak foreign minister: Talks focus on trade, Iran ties; counterterrorism dialogue in August

Time of India

time5 hours ago

  • Time of India

Rubio meets Pak foreign minister: Talks focus on trade, Iran ties; counterterrorism dialogue in August

Picture source: X/Marc US Secretary of state Marco Rubio met Pakistan 's deputy prime minister and foreign minister Ishaq Dar on Friday, with both sides discussing trade, security, and regional diplomacy. According to the state department, Rubio appreciated Pakistan's efforts in maintaining dialogue with Iran and contributing to regional stability. The meeting reportedly also touched upon 'counterterrorism cooperation', especially in light of growing threats from ISIS-K. A formal counterterrorism dialogue is set to happen in Islamabad this August. Economic ties also featured in the conversation. Washington said it was exploring ways to boost bilateral trade in areas like critical minerals and mining sectors seen as increasingly important in global supply chains. Pakistan has long walked a tightrope when it comes to global counterterrorism efforts. While the country was removed from the Financial Action Task Force (FATF) grey list in 2022, several terror outfits with global reach have been known to operate from Pakistani soil.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store