Read More About Thrissur & it's Real Estate Property Market
Thrissur, also known as Trichur, is the fourth largest city and the third largest urban agglomeration in the Southern most Indian state of Kerala.
It is also the headquarters of the Thrissur district.
The city has been developed around a 65-acre hillock called Thekkinkadu Maidan which also hosts the famous Vadakkumnathan temple.
Thrissur was once the capital of the Kingdom of Cochin.
It is located 300 kilometres north-west of the state capital of Thiruvananthapuram.
Thrissur is also known as the Cultural Capital of Kerala because of its cultural, spiritual and religious leanings throughout history.
It is the seat of many famous cultural institutions including the Kerala Sangeetha Nadaka Academy, Kerala Lalithakala Akademi and Kerala Sahitya Academy.
Thrissur is also known for hosting the popular Thrissur Pooram festival, one of Kerala’s most colourful and spectacular temple festivals.
The festival is held at the Thekkinkadu Maidan in the month of April or May.
Thrissur has a large number of well-known temples including the Vadakkumnathan temple, Thiruvambadi Sri Krishna Temple, Paramekkavu temple and the Guruvayur temple and two famous churches, Our Lady of Lourdes Syro-Malabar Catholic Metropolitan Cathedral and Our Lady of Dolours Syro-Malabar Catholic Basilica.
Thrissur has historically been a center of Hindu scholarship and hosts one of the most important temples of Hindu Shaivism, the Vadakunnathan temple.
The district is also home of one of the holiest Hindu Vaishnava temples, the Guruvayur temple.
History tells us that Christianity, Islam and Judaism entered the Indian subcontinent through the Thrissur District.
The works of scholars and Eastern Christian writings claim Thomas the Apostle set foot in Muziris near Thrissur some 2,000 years ago.
The country's first mosque, Cheraman Juma Masjid, opened here in AD 629.
Thrissur also opened the gates to the first Arabs, Romans, Portuguese, Dutch and English.
Apart from being the cultural nerve centre of Kerala, it is also a major academic hub and home to several educational institutions including the Kerala Kalamandalam, Jawahar Bal Bhavan Thrissur, Kerala Police Academy, Kerala Agricultural University, Kerala University of Medical and Allied Sciences, College of Veterinary and Animal Sciences and the Kerala Institute of Local Administration.
POPULAR TOURIST ATTRACTIONS:
Athirapally Falls: The most prominent of all Kerala waterfalls, they are located about 63 kms from Thrissur town. The streams that eventually morph into Chalakkudy River originate in the mountain region of Sholayar where wildlife thrives in its abundant forests.
Vazhachal Falls: About 5 kms before Athirapally, the rivulet rushes down through rocky inclines. Collective power created by water contrasts the pacifying woodlands and still mountains in the background. Dissimilar yet thoroughly enjoyable, this water spectacle at Vazhachal is a popular tourist attraction.
Peechi Dam and Wildlife Sanctuary: A popular picnic point flanked by woods and gardens, the dam across Manali River is known for its scenic views. Peechi-Vazhani Wildlife Sanctuary is spread around 125 sq. kms and protects several species including tiger, leopard, elephant, deer and bison among others.
Chimmony Wildlife Sanctuary: It is popular for its trekking trails and nature camps. Panoramic views from Chimmony dam are one of highlights of this place. More than 160 types of birds and about 100 species of butterflies are found here, including rare species like the Atlas Moth. The Sanctuary, one of the chief attractions of Thrissur, is located 35 kms from town, toward the eastern corridor of the district.
Guruvayoor: This temple town has a different feel, more so in the vicinity of the temple. Non-Hindus are not permitted inside the temple. The Sree Krishna Temple here is among the most venerated and visited shrines in India. Guruvayoor, a divine destination for devotees, is also one of the absorbing attractions of Thrissur.
Anakotta: Located 2 kms from Guruvayoor town, this 10-acre coconut plot is home to more than 60 elephants. Elephants belong to Guruvayoor temple, one of the most prominent shrines in Kerala. Affluent devotees donate elephants to the temple which are then used to assist in the many rituals of the temple and are also one of the main attractions here.
Chettuva Backwaters: The Chettuva River creates broad backwaters before reaching into Arabian Sea. Chettuva, the meeting point of backwaters and Arabian Sea is 6 kms from Chavakkad town. Tiny islands appear scattered amidst vast bluish tinge. A few of the larger Islands now accommodate an Ayurvedic Resort.
As per the 2011 Census, Thrissur city had a population of approx 325,474.
Males constituted about 48.6 percent while females constituted approx 51.4 percent of its total population.
The density of the population was 3,130/km. The sex ratio: 1,092 females /1,000 males.
The total number of the households in the city was about 66,827.
The average family size in the city was 4.27 members.
The city has a slum population equivalent to 0.30 percent of the total city population and 0.37 population of Kerala's slum population.
The city has an average literacy rate of 95.5 percent. Male literacy rate is about 97 percent while female literacy stands at about 94.6 percent.
Thrissur Municipal Corporation has a population of 317,474 (2001) and is spread over an area of 101.42 km.
The city alone accounts for 38 percent of the urban population in Thrissur District.
Thrissur Urban Development Authority area encompasses the municipal corporation area and adjoining panchayats.
The total area under municipal corporation jurisdiction is 101.42 km, while the area under the Panchayat is approx 18.83 km.
Together, these constitute an area covering 120.25 km.
According to the 2011 census, the total population in the TDA is 344,933 i.e., 317,474 persons in the municipal corporation area and 27,459 persons in the Panchayat area.
JOBS & EMPLOYMENT OPPORTUNITIES:
Thrissur city has served as an incubator for many Malayali entrepreneurs.
It is also a major financial and commercial hub of Kerala.
It is the headquarters of three major scheduled banks, South Indian Bank Ltd, Catholic Syrian Bank and Dhanalakshmi Bank Ltd and a clutch of Chit funds.
The city is also a big centre for shopping in Kerala for silks and gold jewellery.
Thrissur is one of the major manufacturing centres of plain gold and rolled gold jewellery in South India;
About 70 percent of Kerala's jewellery manufacturing is done in Thrissur.
There are around 3,000 gold ornaments manufacturing units in the city and 40,000-odd artisans and others work in these units.
The industry provides direct and indirect employment to 200,000 people in Thrissur.
Thrissur district attracts the largest number of domestic tourists in Kerala.
Domestic tourists generally use the city as a hub to explore the highly promoted tourism industry of the state of Kerala.
The city with its temples, old churches and its culture is ranked first in the number of domestic tourists visiting Kerala.
The city is also emerging as the largest hub for Ayurvedic drug manufacturing industry in the India.
Out of the 850 ayurvedic drug-manufacturing units in Kerala, about 150 units, including some of the major ayurvedic drug manufacturers in the Kerala state are located in and around the city.
Of these, companies like Oushadhi, Vaidyaratnam Oushadhasala, KP Namboodiris, Sitaram Ayurvedic Pharmacy Ltd, Kandamkulathy Vaidyasala and SNA Oushadhasala are among the leading Ayurvedic drug manufacturers in the state.
Thrissur Ayurveda Cluster, another initiative by a group of Ayurvedic manufacturers of Thrissur, has developed a cluster in KINFRA Park in Koratty in Thrissur.
Modern retailing is a big business and revenue earner for the city.
Jewellery and textile retailing occupies a major part of the retailing business in Thrissur.
The city is considered as hub of jewellery and textile business in Kerala.
Most of the jewellery groups have outlets in Thrissur and provide jobs to thousands of people.
Info Park Thrissur, the fourth technology park in Kerala after Thiruvananthapuram and Kochi and Kozhikode is situated in Thrissur District. Tourism has also contributed heavily to the economy of Thrissur.
TRANSPORT & CONNECTIVITY:
Thrissur city is connected to the North-South Corridor National Highway System via the four-lane NH-47.
The highway traverses the entire length and breadth of the city from different points and provides access to the nearby cities such of Kochi, Palakkad and Coimbatore.
NH 47 provides two main exit points at Mannuthy, which is a bypass to Thrissur city and Thalore.
The city is largely dependent on private buses, taxis and auto rickshaws for inter-city transport.
A transit terminal mobility hub situated in Puzhakkal is also underway to be made on lines of the Vyttila Mobility Hub to reduce traffic congestion.
State-owned Kerala State Road Transport Corporation (KSRTC) runs inter-state, inter-district and city bus services.
Thrissur has three bus stations, the Shaktan Thampuran Private Bus Stand, Thrissur in Sakthan Thampuran Nagar, Vadakke Stand (Northern Bus Stand) and the Thrissur KSRTC Bus Station near the Thrissur Railway Station.
SH-69 Thrissur-Kuttippuram Road, SH-22 Kodungallur-Shornur Road, SH-75 Thrissur-Kanjani-Vadanappally Road are the three state highways which connect the city with its suburbs and municipalities.
The Southern Railway Zone of the Indian Railways operates the main rail transport system in Thrissur.
There are four railway stations in Thrissur city. Thrissur Railway Station, Punkunnam railway station and two minor stations, namely Ollur Railway Station and Mulankunnathukavu Railway Station.
Thrissur Railway Station also connects to the temple town of Guruvayur by Thrissur-Guruvayur Section.
The Southern Railways also operates a suburban railway system connecting Thrissur to Kochi and Palakkad.
Thrissur city is served by the Cochin International Airport (Nedumbassery), which is about 55 kilometres away.
Direct domestic flights are available from here to most major Indian cities and destinations in the Middle East, Singapore and Malaysia.
Calicut International Airport at Karipur is 80 kilometers from the city and Coimbatore Airport, which is 114 kilometers from the city, is also used by air travelers.
The 2015-16 budget of the city corporation has focused on infrastructure development, including repair, construction and maintenance of roads, bridges and culverts.
Social security projects, agriculture, health and sanitation will also get priority.
Thrissur is slated to become a Wi-Fi enabled city soon. The project is to be implemented in tandem with the BSNL.
The city corporation is also planning to set up air conditioned bus shelters. The street lights of all the 55 divisions will be replaced with LED bulbs.
Various municipalities such as Kunnamkulam, Guruvayur, Chavakkad, Kodungallur and Irinjalakuda will be merged into the Thrissur Corporation when it becomes a Smart City.
Comfort stations will be set up at Swaraj Round and West Fort. Mobile waste management units will be established.
The budget has also suggested a sanitation master plan. Houses will be constructed for mentally and physically challenged people. A fruit market will be set up in the city.
The corporation is planning to introduce a modern parking system in BOT-PPP mode. Sakthan Nagar and Priyadarshini bus stands will be renovated.
The Adattu Model Insurance Scheme will be implemented for all residents of the city.
An amount of INR 4 crore has been earmarked for the development of the Nehru Park.
The services of the Municipal Corporation will be made available online and through mobile apps.
International tournaments will be conducted at the renovated corporation stadium.
The budget has allocated INR 10 crore for agriculture, which includes setting up a waste treatment plant at Kokkali and infrastructure development in the kole fields.
A sum of INR 10 crore has also been earmarked for conservation and upkeep of major water resources.
The corporation will encourage organic farming in the city.
Marketing facilities will be provided for farm products. A bio-diversity register will be prepared.
An amount of INR 15 crore has been earmarked for the welfare sector, which includes construction of ‘Pakalveedu’ for elders and shelter homes for migrants.
Like the Pulikali festival, a Kummatti festival will also be organised.
There are no new major tax proposals in the INR 5.5 crore surplus budget, which expects a revenue of INR 387.05 crore against an expenditure of approx INR 381.54 crore.
However, the budget has emphasised the need to revise the tax structure.
Social security projects, agriculture and infrastructure development will also to get priority.
REALTY MARKET OVERVIEW:
Real estate is a sunshine sector for the Thrissur economy.
With neighboring cities like Kochi, Kottayam and Thiruvananthapuram becoming increasingly congested, Thrissur is expected to witness a spurt in property buyers.
Tourist traffic to the Devi Bhagwati Temple at Kodungallur and adjoining Shree Krishna Temple at Guruvayur will also drive demand for accommodation facilities in the city.
Leading property developers in the region include Southern Investments, Thrissur Builders, Jos Alukkas Group & Developers, Ultima Builders and Developers Pvt Ltd, Skyline Builders Cheloor Group, Sreeramajayam Builders, and Sobha Developers Ltd.
Ample availability of land, solid reputation as a clean and green city, the presence of reputed educational institutions, and immense scope for promotion of tourism and related activities have enhanced the prospects for Thrissur's real estate development.
The availability of land and preference for villas has convinced developers to go in for niche products, even though apartments are coming up in key locations where land is scarce.
Land located near the Nedumbassery International Airport, an hour's drive from the city is emerging as a fast developing realty destination, especially among the corporate class and frequent fliers.