Tripunithura: Fast developing affordable suburb in Kochi

Tripunithura, located about 11 km east of the heart of Kochi is fast developing into a prominent suburban residential area. It was the capital of the erstwhile Kingdom of Cochin with many of the descendants of the royal family still residing here. The Hill Palace situated in the vicinity of Tripunithura, at Irumpanam, which was formerly the palace of the Maharaja of Cochin, has now been converted into a museum. Tripunithura is currently a municipality which is part of the Ernakulam district of Kerala. The area has developed considerably in recent times and is renowned for its affordable housing as well as a slew of other advantages that include connectivity and infrastructure facilities.

Connectivity

Tripunithura is well connected to Kochi through the Kochi-Dhanushkodi road, which further extends towards Kochi as the NH-47A. Some of the other prominent roads that pass through Tripunithura are the Ettumanoor-Ernakulam Road, the Eroor Road and the Hill Palace Road among others. The area has a well-knit road network with many bus stops dotting the major roads. Tripunithura has a railway station of its own which is located about 300m from its center. The Cochin International Airport at Nedumbassery is located about 34 km away from Tripunithura along the Salem-Kochi-Kanyakumari Highway.

Infrastructure

Considering that it is located in suburban Kochi, the area has seen considerable development in terms of infrastructure facilities in recent times. Some of the reputed schools in the area are the Choice School, the Government Girls High School, the Mahatma Gandhi Public School, among others. There are many other prestigious educational institutions in Tripunithura like the Medical Trust Institute of Medical Sciences, the NSS Arts College for Women, the RLV College of Music and Fine Arts and the Bhavan’s Insititute of Management among others. Some of the prominent health-care facilities here are the SA Medical Center, the Tripunathura Government Hospital and the Roshan Eye Care Hospital among others. Some of the important religious institutions in the area are the Thamaramkulangara Sree Dharmashastha temple, the Sri Chottinikkara Bhagavathy Amma temple and the St. Mary’s Forane church among others. Moreover, there are many important companies located here, including IT companies. Besides, there are other important facilities like banks, shopping centers, restaurants and parks among others. The Hill Palace Museum is an important landmark in Tripunathura.

Developers and Realty Scenario

Tripunathura has many prominent residential pockets like Irumpanam, Karingachira, FACT Nagar, Kottakakom, Kunnankulangara, Mekkara, Puthiyakavu, Pavankulangara, Nadakkavu, Udayamperoor, Manakunnam, Thiruvankulam and Chottanikkara among others. Most of the residential units in the area are either 2 or 3BHK apartments. Some of the important completed apartment projects here are Hill Palace Tower 1 by Apple a Day Properties, Daffodil Gardens by ABAD Builders and Heera Royale by Heera Group among others. The important ongoing apartment projects here include Anta River Valley by Anta Builders and Developers, Gokulam Atma Apartments by Gokulam Engineers and SRK Kings Court by SRK Group of Companies among others. The value of most of the apartments here ranges between Rs 30-70 lakh with their sq. ft. value ranging between Rs 3,500-4,000.

Future Prospects

At the rate at which Tripunathura is undergoing development in terms of infrastructure facilities, it has the prospect of changing into a prominent residential destination. Due to the presence of vacant land in many pockets here, they can be purchased either by prominent developers or investors looking for healthy returns. Already many prominent developers have either completed with apartment projects or are in the process of completing them. Many more prestigious residential projects are expected to come up here due to the affordability factor as well as the various facilities that the area offers. The area is also expected to develop commercially in the near future which could push up the demand for residential property exponentially. Investors can also expect good returns from residential property through appreciation in property values and higher rentals.