Overview of Alathur, Palakkad

Where It Stands and What You Need To Know

Alathur, located in Palakkad district of Kerala, is showing big changes in its real estate game. It’s part of the larger Palakkad real estate scene, famous for its variety and fast-paced changes in property prices.

What’s Happening with Property Prices?

• Average Cost: Properties in Alathur are priced at Rs. 4,943 per square foot. These prices have risen greatly year over year by 60.12%.
• Price Brackets: From Rs. 3,636 to Rs. 6,250 per square foot—it covers different budgets for buyers.
• Price Growth: This big YoY increase means the market is hot, perfect for buyers and investors.

Types of Properties You Can Find

• Stand-alone Houses: Ranging from Rs. 47.5 lakhs to Rs. 1.14 crores with an average per square foot price of Rs. 3,798.
• Villas: Between Rs. 47.5 lakhs to Rs. 5.25 crores, with Rs. 8,650 being the average price per square foot.
• Apartments: Options like 1 BHK, 2 BHK, 3 BHK, 4 BHK, and 5 BHK available all starting from Rs. 47.5 lakhs and going up to Rs. 1.14 crores.
• Residential Plots: Ideal for those wanting to build their own home.

Budget Categories for Buying

• Under 20 Lakhs: Few choices, but for those on a tighter budget.
• Under 50 Lakhs: More options here, including smaller apartments and plots.
• Under 75 Lakhs: More variety, includes 2 & 3 BHK apartments and standalone houses.
• Under 1 Crore: Ranges from many 3 BHK to some 4 BHK properties.
• Under 2 Crores: Luxury options—big standalone houses and villas.

Rental Market

If renting is your choice, Alathur offers some good choices:

• Apartments: Starts at Rs. 6,000 per month for a 1-bedroom unit.
• Houses: Options ranging from ₹14,000 per month for a 3-bedroom house.

Infrastructure and Amenities

Being part of Palakkad district, Alathur offers a tranquil feel, good spots, and homes developed by top builders. Here, you get a mix of modern and traditional lifestyles, all with easy access to various amenities and facilities.

According to PropertyWala

Alathur in Palakkad has an exciting, growing real estate market, making it perfect for buyers and investors. With huge jumps in prices each year and a variety of properties fitting different budgets, Alathur appeals to many potential homeowners. Whether searching for budget-friendly flats, posh villas, or homes, Alathur brings modern comforts and a safe atmosphere. Making it an excellent option for your next property investment.