Akshaya Properties and Developers

What Akshaya Properties and Developers does

Akshaya Properties and Developers is a privately held, founder-owned real estate development firm incorporated in 2015 and headquartered in Thrissur, Kerala, India. The company develops residential properties—primarily gated-community villas in Thrissur and an apartment complex near the Guruvayur temple—serving middle-class Malayalee families seeking quality homes in culturally significant locations and real estate investors seeking rental-yield properties in pilgrimage markets. Its portfolio includes five villa projects (Akshaya Happy Homes, Akshaya Homes, Akshaya Havens, Akshaya Rose Garden, and the apartments at Akshaya Agraharam with 120 units across 8 floors), with unit sizes ranging from 444 sqft studios to 2,634 sqft 4-BHK villas.

The company employs traditional construction methods using branded materials (ISI electrical wiring, Cera sanitary fixtures, vitrified tile flooring, granite countertops, UPVC windows, teak wood doors) and sells directly to consumers without channel intermediaries. Its go-to-market is direct sales via website, phone, WhatsApp, and walk-in office visits. The AKSHAYA Home Care Division extends the model into rental property management, offering guaranteed rental income of Rs 50,000-1 lakh annually for Guruvayur apartments, plus a 12-day annual stay facility for owners. Revenue is generated primarily through one-time residential unit sales, with supplementary streams from interior design services (AKSHAYA Interior Designers) and rental management commissions.

The company is led by founder and CEO Jooju Vasudevan, who brings over 30 years of real estate expertise. Operational scale is modest, with 11-50 employees and operations concentrated in two Kerala districts (Thrissur and Guruvayur). Home loan financing is facilitated through partnerships with SBI and HDFC, offering buyers up to 80% loan-to-value with pre-approval on Akshaya projects for both resident and NRI customers. No external institutional funding, parent company, or public listing has been disclosed.

Name

Akshaya Properties and Developers

Legal name

Akshaya Properties and Developers

Website

https://akshayadevelopers.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Akshaya Properties and Developers is a Kerala-based real estate developer building residential villas in Thrissur and apartments near Guruvayur temple, serving middle-class Malayalee families and rental-yield investors, with founder Jooju Vasudevan at the helm since 2015.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Land Subdivision (23721), Residential Property Managers (531311), Lessors of Real Estate (5311)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Multifamily Apartment Property Management (BPAJAFAA), New Construction & Builder Sales (BPAJAAAB), Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

Keywords

• Residential real estate development
• Gated community villas
• Apartment construction
• Property management services
• Interior design services

Headquarters

HQ city

Thrissur

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Residential Property Sales: One-time sales of villas (3 BHK and 4 BHK) and apartments (studio, 1 BHK, 2 BHK) to end customers. Properties located in Thrissur and Guruvayur, Kerala. Revenue realized at property handover.
2. Rental Management Services: AKSHAYA Home Care Division assists property owners in renting out apartments in Guruvayur project (Akshaya Agraharam), earning rental income of Rs 50,000 to Rs 1 lakh annually per unit. Company likely takes commission on rentals facilitated.
3. Interior Design Services: Akshaya Interior Designers provides residential and commercial interior design services including modular kitchens, office interiors, flat interiors, and home renovations.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Akshaya Properties and Developers is a Kerala-based real estate development firm that buys, develops, and sells residential villa and apartment projects in Thrissur and Guruvayur. The company constructs premium gated community villas and apartment complexes, and supports buyers with interior design services, home loan facilitation through partner banks, and a rental management division offering guaranteed rental income on select projects.

Product overview

Akshaya Properties and Developers is a Kerala-based real estate developer specializing in residential properties in Thrissur and Guruvayur. The company operates as a single unified brand offering five distinct villa projects (AKSHAYA HAPPY HOMES, AKSHAYA ROSE GARDEN, AKSHAYA HAVENS, AKSHAYA HOMES) in Thrissur and one apartment complex project (AKSHAYA AGRAHARAM) in Guruvayur. Supporting services include interior design (AKSHAYA Interior Designers), home loan facilitation through SBI and HDFC partnerships, and rental management via the AKSHAYA Home Care Division which offers guaranteed rental income programs.

Differentiator

Problem solved

Functional benefit

Products and services

• AKSHAYA HAPPY HOMES Luxury gated community villa project at Chembukkavu, Museum Cross Lane, 1 KM from Swaraj Round, Thrissur. Offers three villa types (Type A 2634 sqft 4-bed, Type B 2062 sqft 3-bed, Type C 2448 sqft) with amenities including gated entrance, paved driveways, recreation hall, game room, and CCTV for common areas. Targeted at families seeking premium housing in central Thrissur.
• AKSHAYA AGRAHARAM Apartment complex in Guruvayur featuring studio (444 sqft), 1 BHK (636 sqft), and 2 BHK (999 sqft) units located 850m from Guruvayur temple. Project spans 8 floors with 120 apartments. Includes designer entrance lobby, common cafeteria, covered car parking, waste management, 24-hour security, and temple shuttle service. Eligible for guaranteed rental income program through AKSHAYA Home Care Division. Targeted at families, temple devotees, and investors.
• AKSHAYA ROSE GARDEN Luxury villa project at Elthuruth, 3 KM from West Fort, Thrissur. Features automatic gate entrance, gym, and intercom facilities. Specifications include 3x3 vitrified flooring, granite countertops, UPVC French windows, and premium sanitary fixtures (Parryware or equivalent) with concealed cistern wall-hung closets. Targeted at premium home buyers in Thrissur.
• AKSHAYA HAVENS Villa project at Kariyattukara, 2.7 KM from West Fort Junction, Thrissur. Offers multiple elevation and floor plan options to buyers. Targeted at families seeking residential villas in Thrissur outskirts.
• AKSHAYA HOMES Villa project at Chungam featuring brick masonry load-bearing walls with RCC slab construction. Flooring with vitrified tiles and molded marble staircase. Premium finishes including teak wood entrance door and granite kitchen countertops. Targeted at families seeking quality-constructed villas in Thrissur.
• AKSHAYA Interior Designers Interior design services covering house interiors, office interiors, flat interiors, modular kitchens, and complete residential interior design solutions. Targeted at homeowners and commercial tenants seeking turnkey interior fit-outs.
• AKSHAYA Home Care Division Property rental management service that helps owners rent out their apartments in the Akshaya Agraharam project. Offers a guaranteed rental income program: 2 BHK up to Rs 1 lakh/year, 1 BHK up to Rs 65,000/year, Studio up to Rs 50,000/year. Owners also receive 12 days of annual stay facility. Targeted at property investors seeking managed rental income.

Quantifiable outcome

• Rental income of Rs 1 lakh/year for 2 BHK, Rs 65,000/year for 1 BHK, Rs 50,000/year for studio apartments in Guruvayur
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Prestige Group: South India-headquartered large developer with residential projects across major Kerala cities. Overlaps with Akshaya on apartment/villa product but operates at township-scale with institutional backing.
• Puravankara Limited: Listed Indian residential developer with mid-market to premium apartment projects across South India, including Kerala. Comparable buyer demographic and apartment product, though at significantly larger scale and national brand recognition.
• L&T Realty: Real estate arm of Larsen & Toubro developing premium residential projects including in South India. Comparable product category but operates at much larger scale with diversified geography and stronger institutional backing.
• Sobha Limited: Large national residential developer with significant Kerala presence including projects in Thrissur and Kochi. Comparable product category (premium residential for-sale) but at substantially larger scale and broader geographic footprint.

Direct peers

• Confident Group: Kerala-rooted real estate developer operating across South India with residential apartment and villa projects. Closely comparable product mix (apartments and gated villas) and similar mid-market buyer targeting.
• Asset Homes: Kerala-headquartered residential developer building villas and apartments across the state. Directly comparable as a regional Kerala homebuilder targeting middle-class families with similar villa and apartment product formats.
• GCC Homes (Grandmark): Kerala-based residential builder focused on premium apartments and villas in Kochi and other Kerala cities. Comparable in scale, product positioning, and target buyer segment to Akshaya.
• Skyline Builders: Kerala-based residential real estate developer with apartment and villa projects across Thrissur, Kochi, and other Kerala cities. Comparable regional scale, mid-market positioning, and direct-to-consumer sales model.
• Trinity Builders and Developers: Kerala-based residential developer focused on apartments and villas in Thrissur and surrounding districts. Direct competitor in the same Thrissur micro-market with overlapping buyer segments.
• Hi-Tech Builders: Thrissur-based residential developer with apartment and villa projects in central Kerala. Closely comparable geography (Thrissur/Kerala), product type, and mid-market positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/akshayaflats
• Facebookfacebook.com/akshayaproperties

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Akshaya Properties and Developers