Infrastructure upgrades, airport expansion, and IT hub fuel surge in real estate demand
Trichy’s real estate market is witnessing a 50% jump in new residential projects as Non-Resident Indians (NRIs) and buyers from metro cities flock to invest in luxury homes. Developers have rapidly expanded offerings with gated communities, modern amenities, and larger units to meet the evolving demands of urban families and professionals, reportedtimesofindia.indiatimes.com.
The city is attracting affluent families from Thanjavur, Pudukottai, and Sivaganga, alongside NRIs purchasing properties for their parents. Smaller developers from Chennai are also entering the market. First-generation graduates supported by bank loans are increasingly buying flats for their families, reflecting a shift in lifestyle aspirations.
Prices in Trichy now range between ₹5,000 and ₹14,000 per sq. ft., with luxury 4BHK homes of around 5,000 sq. ft. priced at ₹5 crore already finding buyers. The market is seeing a clear demand shift from compact 2BHKs to spacious 3BHKs and high-end 4BHKs, driven by hybrid work setups and lifestyle upgrades.
Credai Trichy revealed that the number of residential projects rose from 60 in 2024 to 90 this year, powered by major developments such as Trichy airport expansion, Tidel Park, a new Olympic academy, and the Panjapur bus terminus.
With new SIPCOT industrial hubs at Manapparai and Thiruverumbur expected to create jobs, developers are planning high-rises of 11 floors or more. Hotspots like KK Nagar, Cantonment, Woraiyur, Ramji Nagar, Srirangam, and Crawford are leading the boom.
Snapshot of Trichy’s Real Estate Growth
- Residential Projects: 90 (up from 60 in 2024)
- Price Range: ₹5,000–₹14,000 per sq. ft.
- Unsold Inventory: 20–30% (expected to clear soon)
- Buyers: NRIs, doctors, investors, first-gen graduates
- Amenities: Football turfs, pickleball courts, rooftop gardens, EV charging points, home theatres
- High-Rise Projects: 5 existing, 3 upcoming
Developers expect demand to remain strong as Trichy cements its place as a real estate hub combining affordability, connectivity, and modern living.
