REAL ESTATE IN THE THRISSUR CONTEXT

Real estate is one of the sunshine sectors of city of Thrissur’s economy. Land availability, image of a clean and green city, good law and order situation, presence of reputed educational institutions and tremendous scope for promoting tourism industry are the pillars of Thrissur real estate hopes. With Kochi becoming more and more congested day-by-day, in due course of time the city of Thrissur is expected to see a spurt in the number of property buyers. City of Thrissur has always been a favourite among builders of owing to its central location. Further, the increasing prominence of Guruvayur, warrants the construction of additional apartments/ flats in Guruvayur.

Demand for flats, villas or plots in Thrissur has since long been primarily dominated by the genuine home seekers, rather than those on a speculative note. As such, it has been witness to consistent and steady growth over the last couple of decades. The profile of buyers are essentially of the salaried segment, NRI’s and people who are currently working in different cities of India and looking forward to retire and return to roots. The demand therefore is for budget flats, premium apartments and luxury villas in Thrissur.

According to real estate consultants Cushman & Wakefield, the presence of a number of educational institutions, leading hospitals are instrumental in driving the demand for flats, villas and gated communities in Thrissur. A Cushman report says that the availability of land and preference to villas have convinced developers to go in for niche products. This has resulted in apartments/flats in Thrissur being launched in crucial locations where land is scarce. Given the land prices in the heart of the city, purchase of requisite land and construction of an independent home has become a herculean task especially when it comes to financial outlay. The budget flat/apartment buyer is then left with only two options, either to move to the outskirts or to opt for flat/apartments in Thrissur City. The general consensus indicates to the latter where the client prefers to be near all basic amenities without being part of the traffic and congestion as seen in other cities. This is combined with the added advantage of community living and the security that the flats/ apartments in Thrissur have to offer.

For an investor, Thrissur provides for realistic growth as has been seen over the last couple of decades. The areas in Thrissur witnessing apartment activity are Punkunnam, Kottapuram, Viyyur, Muthuvara, Swaraj Round and Guruvayur to name a few.

Metamorphosis of dwelling culture in Thrissur

The initial baby steps on the real estate front started way back in the 70’s where people started investing in plots paving the way for a gated community living in Thrissur. Land at that time being affordable and with the onset of the nuclear family revolution, real estate activity started to pick up steam. The primary reason for the immense market growth was the increased acceptance to the flat/apartment culture similar to what each client was used to outside of Kerala.

As indicated earlier, with only 30% of the state land available for residential development, the only probable and logical solution to the housing crunch is in going vertical. This is one of the reasons which led to Vishraam executing over 30 multi-storey projects in and around Punkunnam. We sincerely hope that the government along with all our support will come up with a long term vision and a sustainable development plan to ensure that all living creatures are entitled to a fair share of Mother Earths natural resources and avoid any sort of undue exploitation in an attempt to leave behind a legacy for the generations to come.

History

The start in 2001 was humble and our only guiding posts were that of transparency, commitment and service. Now, having traversed a decade and a half and completed 30 projects, our strict adherence to quality, transparency and continual customer service is what has brought us this far and still we remain humble.

Exceeding customer expectations borders on customer delight and is one that has ensured such a high degree of customer loyalty.

It is with immense pride that Vishraam announced its Palais Grande project in 2013, which is Thrissurs first green certified building. While we all vie for a share of our depleting natural resources, Vishraam has taken the additional step to ensure that we give back to mother nature in terms of replenishing water table through rain water harvesting, optimal use of air and light resources and usage of energy efficient porotherm bricks thereby reducing emission and heat.

We care for tomorrow and the future generations, and as we embark on the next leg of our journey, our guidepost will continue to be transparency, commitment, quality and social responsibility.

We are also having Bureau Veritas Certification for the following

  • ISO9001 : 2008 for Quality Management System
  • ISO 14001: 2004 for Environment Management System
  • BS OHSAS 18001:2007 for Occupational Health and Safety management System.
  • We are also a member of Indian Green Building Council.
  • Nirman Rathna Award in the year 2012
  • Best Entrepreneur Award in the year 2014

Management

Greetings from Vishraam,

We believe in Excellence Every day, Every way. The journey over the last one and a half decades has been long, arduous, exhaustive and yet rewarding. It was well worth it, especially when we see the smiles and satisfaction of each of our clients. It is with great honour and pride we say that our clients are our brand ambassadors. Transparency and customer service are not mere words from a dictionary but is essentially our way of functioning.

In return for the trust and faith placed in us, we vouch to follow the path of continually improving quality, reliability and service. In the Kerala context where land is scarce, Vishraam sets the benchmark when it comes to conserving natural resources, minimizing waste generation and environment emission and minimising pollution. Our aim is not only to prevent adverse environmental impact but to reduce, reuse, recycle and restore in every way possible. We have gone the extra mile in providing shelters at railway stations and have taken immense efforts in planting and nurturing trees as a part of our Live Green campaign.

With over 30 projects in our kitty and fast approaching the million square feet mark, we request you to join hands with us in building a safer and greener tomorrow.

Sincerely yours,
C. Sreeranj
MD & CEO

Policies

Excelling continually by improving quality, reliability and service.

Ensuring timely delivery of Residential and Commercial buildings to achieve customer satisfaction.

Ensuring compliance to all applicable legal and other requirements.

Preventing adverse environmental impacts and occupational health and safety risks.

Conserving natural resources, prevent pollution, and minimize waste generation and environmental emission.

Maintaining safety standards evoke enthusiasm, safe working practices to prevent injury and ill-health