Thrissur has the distinction as the city that houses maximum number of bank head quarters in Kerala. It houses the head quarters of as many as four major banks and also have the headquarters of several other major non-banking financial institutions. Thus it has become a financial centre and this fact helped the city to develop soon.
City faces heavy rush throughout the year due to its proximity to many pilgrim centers and tourist spots. Guruvayoor Sri Krishna Temple, one of the most visited temples in Kerala just 38 kilometers away from this city. Athirappilly, the famous water fall is just an hour’s drive away from this city. Koratty Info Park is just 45 minutes away. Most of the people coming to these places make Thrissur as the half way resting place and thus the hospitality industry is also booming here.
Apart from hotels and restaurants, floating visitors help a lot in the improvement of retail sector too.
With the boom in the tourism industry as well as the boom in the IT sector Thrissur is experiencing a fast development in all sectors. Many nearby places which were considered as villages have been added to the city and the city is developing horizontally. Efficient public transport system and well maintained roads make it easy for the local commuters to reach in all the corners. Hence the property in Thrissur value in every corner of the city is increasing fast.
Many real estate giants saw this as an opportunity and started constructing residential apartments and commercial complexes at different places. According to the experts, the city will further expand horizontally in the near future. Hence people have started investing on the nearby areas too. Here the land value is comparatively low and this makes them affordable to many people. Those who invest here are looking for the increase in the value of the properties in Thrissur in the coming years. There are many upcoming ventures in these areas and many more are yet to start. There is no doubt that by the end of next year, the land value touches a new height and all those who have invested today will enjoy the fruits.