The rise of tier-II cities is beginning to attract investors to India’s commercial real estate market.
Tiruchirappalli, known as Trichy, has become one such rising star with a marketing-growth story: once a cultural and educational center, it was molded into a modern commercial hub.
According to a 2023 CBRE report on emerging real estate markets, Trichy is easily accessible. It is a major junction connecting Chennai, Madurai, Coimbatore, and Thanjavur.
The Tamil Nadu Industrial Development Corporation (TIDCO) has identified Trichy as one of the key cities for infrastructure development under its Vision 2025 plan and has sanctioned approximately ₹1,500 crores for this purpose.
Commercial Real Estate Market Growth in Trichy
The structural growth metrics for the commercial real estate market anchored in Trichy have exhibited remarkable progress in recent years:
- Total commercial real estate supply: 4.2 million sq. ft. at the end of Q1 2024, projected to reach a staggering 5.5 million sq. ft. by 2025
- Average price appreciation: 8.5% year-on-year in commercial real estate values in prime locations, exceeding the average state figure of 6.3%.
ICRA, a leading rating agency, has reported that the REIT-ready office market is expected to rise at a remarkable rate and could grow the base of the office REIT market by an astonishing 6 to 6.5 times.
Case Study: Tidel Park Trichy Expansion – Green Buildings and Certified Office Spaces for Future Growth
Tidel Park Trichy is a joint venture between TIDCO (Tamil Nadu Industrial Development Corporation) and ELCOT (Electronics Corporation of Tamil Nadu), and it is set to become a game-changer for the region’s IT sector with its ₹315.2 crore project aimed at tripling the city’s IT office space.
Within two years, the city’s government office space will grow to 7.3 lakh square feet with the construction of the new Tidel Park.
The new development will add a staggering 5.5 lakh square feet of office space in the first phase, followed by another 5.5 lakh square feet in phase two.
The park will offer green buildings designed to meet the latest sustainability standards, providing certified office spaces that are not only eco-friendly but also energy-efficient.
With modern design and an eye toward sustainability, the park will appeal to both IT/ITES enterprises looking to combine innovation with efficiency.
Additionally, with the projected Integrated Bus Terminal (IBT) on the Trichy-Madurai National Highway adjoining this expansion, the development seeks to improve investment in good-quality infrastructure to facilitate the city’s growth in IT and manufacturing.
The Tidel Park Trichy project will see Trichy develop strongly as a hub for IT development while giving companies green-certified working spaces and flexible office choices that suit them best, enabling companies to set up working environments that are sustainable and productive. |
Key Drivers of Trichy’s Growth:
- New integrated bus terminal (around ₹360 crores): At Panjappur on the Trichy-Madurai National Highway to improve regional connectivity.
- TIDEL Park (around ₹340 crores): This will accommodate around 5,000 IT professionals, kick-starting the IT revolution and luring tech companies and real estate investors.
- Central market and logistics hubs: A dedicated terminal for flowers, fruits, vegetables, and trucks, positioning Trichy as a logistics powerhouse.
- Education & Healthcare: This includes premier institutions like Saranathan Engineering College and IT, coupled with renowned healthcare facilities, making this area a premier educational and medical center.
- Metro rail and expansion of the Ring Road: Proposed metro lines and the Ring Road phase 2 coupled will enhance city connectivity, which will spur the demand for real estate.
Why Invest in Plots in Trichy?
Plots have unparalleled flexibility and lasting value. With the city of Trichy nearing urbanization, the acquisition of well-located lands would stake a claim in the growth of the city. The development of IT parks, industries, and residential supply will call for well-situated plots, which will appreciate further, yielding excellent returns.
Investment Hotspots and Emerging Corridors
Various micro-markets in Trichy are undergoing fast-paced development in the commercial sector:
- Thillai Nagar-Tennur Belt: Traditional commercial hub redeveloping with premium office spaces.
- Karumandapam-Panjapur Corridor: Emerging as a logistics and mixed-use development zone.
- Trichy-Thanjavur Highway: Industrial and warehousing developments.
In the last three years, commercial property capital values in Trichy have gone up around 8-10% each year.
Welcome to G Square Supremee – Your Gateway to Business Success
G Square Supremee is strategically placed for the growth of your business. With prime location benefits, world-class facilities, and unrivaled security, this is where entrepreneurial dreams come true.
Key Features:
- Location advantage: Excellent location, just 3 minutes away from KK Nagar along the 80-foot Pudukkottai-Ramanathapuram Highway.
- Security: 24×7 security has been ensured under CCTV camera surveillance, providing a safe and secure environment for your business activities.
- Ready for construction: The property is DTCP-approved, with impeccable legal documentation and the status of “Ready to Construct.”
- Free Maintenance: 5 years of maintenance are free, providing complete peace of mind.
- Flexible plot size: Commercial plots of sizes ranging from 3647-9000 sq. ft., available at Rs. 5000 per sq. ft.
- Approved & trustworthy: Fully DTCP-approved, thus assuring proper credibility in investment.
- Flourishing neighbourhood: It is Surrounded by hospitals, restaurants, shopping malls, bus stops, and railway branches to suit every convenience.
Unlock Trichy’s Future: A Smart Investment in Commercial Real Estate
The commercial property market of Trichy is an exclusive investment opportunity with immense growth potential.
The city’s location, rapid infrastructure developments, and relatively affordable real estate prices make it a potential option for investors wanting to capitalise in the next biggest wave of the Indian commercial real estate landscape.
So call now and book your land visit, check out our luxury plots, and invest in Trichy’s bright future!!!
