The second largest commercial hub in Kerala, Trissur is witnessing
immense investment. Real estate biggies like Sobha Group have launched
projects in Trissur in the recent past. According to the builders located
here, there is no let-up in demand and the sector is showing signs of
robust growth in the medium term.
While Kochi remains the commercial capital of Kerala, Trissur is rapidly
emerging as the 'financial capital'. This is because the city is the
headquarters of three leading private sector banks in the state - South
Indian Bank, the Catholic Syrian Bank and the Dhanalakshmi Bank. Apart
from being the headquarters of state-owned Kerala State Financial Enterprises,
Trissur is the base for hundreds of chit funds.
Trissur is also a bustling commercial town. Traditionally, the city
is known as the jewellery capital of the state, though of late some
of the business has shifted to Kochi. Garments, automobiles and spare
parts and others are also part of the booming business in the city.
The city has become a shopping destination for the NRIs from the nearby
areas.
According to Ramdas Cheloor, managing director, Cheloor Property Development
Projects, the share of domestic buyers has gone up considerably, the
demand is still powered by the inflow of NRI money.. Around 90 projects
are now at various stages of completion in Trissur and its suburbs.
Apart from Cheloor and Sobha, the other leading builders in Trissur
are SI, Amity, Yasoram and Skyline.
