Trichy’s Real Estate Sector Transforms with Vertical Growth and Commercial Expansion

In the last 25 years, real estate in Trichy has changed from this very rapid coz transformation towards vertical expansion. From the previously independent houses and quasi-development zones, the city is now filled with well-planned communities, towers, and burgeoning commercial facilities.

Residential development in Trichy has seen significant changes, especially since around the 2000s. They have given prominence to the apartment blocks post-Covid as flats are now in demand. One would opt for spacious and well-furnished apartments, because with Covid more employees work from home. High-rise buildings recently developed in areas like Srirangam, Thillai Nagar, and Cantonment have even overlapped the go-ahead of buildings above 18.3 m. Luxury residential projects are also underway, including those in KK Nagar.

“The demand for spacious 3 BHK flats has surged post-Covid, with many buyers seeking more room and enhanced amenities like artificial turfs, supermarkets, and mini theatres,” said S Anand, managing partner of Jeyam Builders.

In the commercial sector, Trichy has witnessed a shift from traditional commercial areas like Rockfort and NSB Road to emerging hotspots such as Thillai Nagar, Sastri Road, and Karur Bypass Road. These new commercial streets are home to international brands, multiplexes, and a variety of eateries, expanding the city’s commercial footprint. “Rent for commercial spaces in Trichy has now reached levels similar to Chennai, reflecting the high demand,” said Anupam S, managing director of A-Steorra Realty. The growth of coworking spaces has further boosted the sector, catering to a new wave of tech entrepreneurs launching businesses post-Covid.

In addition to residential and commercial expansion, key institutions like BHEL, NIT, and Trichy Airport have driven growth in previously underdeveloped areas. The introduction of the Real Estate Regulatory Authority (RERA) has further ensured transparency and quality, fostering buyer confidence. Looking ahead, upcoming projects like the integrated bus terminus and TIDEL Park, along with the merger of 25 panchayats into Trichy Corporation, promise to accelerate the city’s real estate growth.