Is it wise to invest in land,house or property in Thrissur,Kerala?
Many of investors from abroad and India asks this question many time
“Is it wise to invest in land,house or property in Thrissur?”
In our opinion Sure, It’s fine but not on all type of properties. We are saying so because of our experience and analyzing the search query of global searchers.
As with this graph you can understand that the right search for house is still on the average. But the difference is conversion is not easy in these days. It has many reasons ie; the financial crisis. Low demand for resell, Higher price of properties, Bank loan issues, land rules such. Anyway whatever issues there people are buying the houses and land on nowadays too.
Which type of houses people are searching now?
Most People prefer 5 cents or less space plots with an independent house between 30 to 40 Lac. Most of them have 20 Lac in cash and need to arrange 20 Lac from financial institutions. That’s the general trend now on Thrissur. 2 or 3 BHK house is ok for the most customers. They don’t need any posh setup and premium interiors in the houses. Most of them prefer new houses or within 3 to 5 years old ones. So If you like to invest in house kindly select houses in this price range and not far from Thrissur town.
Property price chart of last 3 years
Is flat investment on Thrissur is ok now?
Yes; In some times. Budget flats have big demand on these days. People searching for flats (2 or 3BHK) for 30 to 35 Lac. If you like to purchase a new flat as an investment you need to wait 2~3 years for resale to get a good price for your property.
Property price chart of last 6 months
Buy land as an investment Thrissur
Buying land is ok for fair price. But it’s not east to resale for very higher price if you already bought for a dream price.