Asset CityBay

By: Asset Homes Pvt. Ltd. in Thrippunithura

Project Introduction:. Asset CityBay is an unmatched Residential property located in Thrippunithura, Kochi. The project offers plenty of benefits that includes prime location, comfortable and lavish lifestyle, great amenities, healthy surroundings and high return.

Location Advantages:. Asset CityBay is strategically located and provides direct connectivity to nearly all other major points in and around Kochi. It is one of the most reputable address of the city with easy access to many famed schools, shopping areas, hospitals, recreational areas, public gardens and several other public amenities.

Builder Information:. Asset CityBay is built by Asset Homes Pvt Ltd.. It's a leading group in real-estate market in Kochi. The team of this builder group is known for its superior work and punctual delivery of high-end Residential Apartments developed precisely in accordance with the pre-defined specifications.

Units and interiors:. Asset CityBay offers 2 BHK Apartments of many sizes. The magnitude of area included in this property vary depending on the number of BHK's. Asset CityBay is spread over an area of 1.37 acres with many floors. The master plan of Asset CityBay is designed in such a way that these Apartments comprises of wide space with proper ventilation at every corner of the house. The interiors are beautifully crafted with designer tiled floor, granite counter slab in kitchen, modern sanitary fittings in the bathroom and huge windows for proper sunlight.

Comforts and Amenities:. The amenities offered in Asset CityBay are Landscaped Garden, Rain Water Harvesting, Lift, Gated community, 24Hr Backup Electricity, Security and 24Hr Water Supply. All these features together assure many choices to relax, revitalise and relish at own home. Apart from that, suitable security devices are installed to ensure safety to the residents 24*7.

Home-seekers can also go through updated photo galleries, floor plans, latest offers, reviews, builder info and locality info for better understanding of the project.

Thrippunithura is a suburb located to the east of Kochi city. It is known for its historic significance as the capital of the old kingdom of Cochin. It is also known by the sobriquet land of temples because of the large number of temples in the region. Thrippunithura is also home to the largest archaeological museum in Kerala, which was opened in the year 1865.

Situated away from the chaos of the city, the town provides a peaceful environment, and is a place people move to eventually. The large number of schools and colleges in the region is an added bonus.

The suburb has generated considerable interest among construction companies and potential property buyers due to its peaceful atmosphere. Many new buildings and residential projects are thus under construction and being launched in the region.

Connectivity and transit points

Major roads passing through Thrippunithura are the NH-47A and the Ettumanoor-Ernakulam Road. Both the Kerala State Road Transport Corporation buses and private buses ply along all major stops in the suburb. In addition, auto-rickshaws are available for local travel.

Thrippunithura railway station is a major railway station in Ernakulam district. Major express and passenger trains stop here. It also links Ernakulam and Kottayam.

The distance to Cochin International Airport is about 34 km.

Major landmarks

• RLV Music College
• Sree Poornathrayesa Temple
• Kallikota
• Sree Rajarajeswari Temple
• Thrippunithura Cricket Club
• Hill Palace at Thrippunithura
• Hill Palace Museum

Factors for growth in the past

Due to the rising cost of property around the Kochi region, combined with the problems associated with urban environments, many felt the need for a peaceful locale that didn’t isolate them from the major town. The humble suburb of Thrippunithura fit the bill and many started settling down in this region. The gradual influx of people led to the development of the region in a planned manner, and it became the relaxing retreat we see today.

Residential & Commercial Market

Layouts and plots constitute a huge chunk of the real estate available in Thrippunithura, followed by apartments, houses, and villas. Plot prices have seen a fall in value from the first quarter of 2013. The average cost of plots in the third quarter of the same year was Rs 690 per sq. ft and the average cost of individual houses are Rs 4,000 per sq. ft. The average cost of apartments and flats hold steady at Rs 3,200-3,400 per sq. ft. Few commercial spaces are available in the region.

Major challenges

Due to the large number of schools, buses get crowded during the mornings. The region also receives heavy rainfall during monsoon, which cause minor floods from May to August. In addition to this, garbage problems in the area persist, which the municipality have not looked into in an effective manner.

Factors for growth in the future

Thrippunithura has a large number of completed and ongoing building projects. The serene environment combined with ease of access to major towns by rail and road make this a key location for settling down.

Because of the low cost of real estate combined with infrastructure development, Thrippunithura is making waves in the real estate market as a hot property. The area is also set to develop commercially in the near future, which will increase the demand for more property. Investors can also expect higher returns from properties in the region.

Many firms such as Anta Builders, Santhi Homes and Skyline Builders have projects in this peaceful suburb. This will help in developing the town further.