What to Expect while Investing in Thrissur?

If you are contemplating investing in a property in Thrissur, Kerala, you are on the right track. The real estate market is down right now, which makes it an opportune time to go for the kill. The time is ripe to invest in a property here since the prices are competitive.

Real estate investments can sometimes be dicey. You may enter the market when the prices of properties have peaked. Which theoretically means that you will be paying a high price for the property, and won’t make much of a profit when you sell it. The current scenario is ideal for anyone who wants to invest in property, whether they are looking for an immediate return on investment or want to make it a long term investment. 

Why Thrissur?

There are several properties on sale in Thrissur, and shrewd investors know it is time to grab the opportunity. Buying flats in Thrissur, right now, is a sound investment idea. From now on the prices of flats in Thrissur will only spiral. If you invest now, you stand to get a good bargain.

Your investment will reap good returns. Thrissur is a growing commercial hub; and job-seekers who migrate from towns and cities, seek accommodation. They prefer centrally located housing complexes, close to educational institutions and other essential facilities. Rental of property is assured since the demand for luxurious flats is high. 

The other reasons for property investments in Thrissur to benefit the investor are the facets the make the city special, namely –

The cultural capital of Kerala

Thrissur is a historical city with a glorious past. It is known as the cultural capital of Kerala, and for a good reason. It is where the festival, Thrissur Pooram is celebrated each year and has been celebrated for hundreds of years. The festival draws thousands of people from neighbouring towns and cities and is a spectacular event. Thrissur is the place where the ‘Pulikkali’ originated. This folk art has artists dressed as tigers and performing traditional dance to the rhythmic beat of traditional percussion instruments.  

Thrissur’s history dates back to the era of Shaktan Thampuran, the ruler of Cochin. It was he who established trade practices in the region, encouraging traders to set up their businesses in the town.

 Historical Temples:

More than a dozen historical temples stand testimony to Thrissur’s great religious and cultural past.

Chowalloor Shiva Temple: The most distinctive feature of this ancient Shiva temple is that along with the main deity devotees can also worship his family. The exquisite carvings and architecture are the other notable features

Guruvayur Temple: The Guruvayur temple is world-famous, with devotees from all over the country and overseas visiting it to offer prayer to Krishna, the main deity. Old rituals and customs are still practised here, including making donations worth one’s weight

  • Kodungallur Sree Kurumba Bhagavathi Temple: The 6-feet tall idol of Kali, carved from a Jackfruit tree, is the temple’s main attraction
  • Mammiyoor Sri Mahadeva Temple: The temple is dedicated to Shiva, but idols of Ganesha, Ayyappa and Subramanya are also worshipped in the inner sanctum
  • Paramekkavu Bhagavathy Temple: Historians date the site to over 1,000 years. Bhagwati is the presiding deity in this temple
  • Peruvanam Mahadeva Temple: This is one of the oldest temples in Kerala and is said to be as old as Kerala
  • Poonkunnam Shiva Temple: The temple is unique, as the main deity Shiva is placed alongside Sastha, Partha Sarathi and Nagaraja
  • Sri Krishna Temple: The temple is also known as Bhuloka Vaikunta
  • Thriprayar Sree Rama Temple: Is a historical temple dedicated to Ram, but the unique feature is that the idol has a semblance to Shiva as well
  • Thiruvambadi Sri Krishna Temple: Devotees visiting the temple can enjoy a meal served by the temple authorities
  • Trikkur Mahadeva Temple: The 7th century temple, is a beautiful rock-cut temple in honour of Shiva
  • Vadakkunnathan Temple: The temple is huge and spreads across nine acres. The remarkable features of the temple are the tall towers that signify the four directions and the murals on the walls. The temple has three shrines, dedicated to Rama, Shiva and Shankaracharya

Educational institutions

Thrissur has always been a scholarly town, and historical data shows that Vedic science and Sanskrit and traditional art forms existed here many centuries ago. Today, Thrissur is home to some of the top educational institutions of the country. Govt., run universities and colleges in the following disciplines are located in Thrissur –

  • Agriculture University
  • Ayurveda College
  • Engineering College
  • Fine Arts College
  • Law College
  • Medical College

In addition to these numerous coaching centres for engineering and medical entrance exams can also be found spread across the city.

 Premium Medical Facilities

Thrissur has Ayurvedic clinics and wellness centres with modern amenities and regular hospitals that offer allopathic treatment. The medical facilities available in Thrissur are world-class, making it one of the hotspots for medical tourism.

Ayurveda hospitals: Sitaram Ayurveda Speciality hospital has been in existence since 1921. The other Ayurveda centres are – Sunethri Ayurveda Hospital, Amla Ayurvedic Hospital, Oushadi, Vadiyaratnam Aushadhsala and Dist. Govt. Ayurvedic Hospital.

 Allopathic hospitals: Elite Mission Hospital, Westfort Hospital, Mother Hospital, Trichur Heart Hospital and Jubilee Mission Medical College and hospital, to name a few.

Headquarters of banks and financial houses

In the 1930s, the RBI had nicknamed Thrissur as the Banking Town of India. A title that it truly deserved. A whopping 58 banks had their head offices here. Today, three of Kerala’s top scheduled banks have their head office in Thrissur. These are the Catholic Syrian Bank, Dhanalakshmi Bank and South Indian Bank Ltd.

Major non-banking finance companies also have their company headquarters in Thrissur. These are, ESAF Small Finance Bank, Kerala State Financial Enterprises and MAFIL (Manappuram Finance Ltd.).

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