An Overview of Aluva, Ernakulam

Aluva, within the Ernakulam district of Kerala, sits just outside of Kochi and has drawn lots of interest in real estate due to its strategic stance and recent improvements in infrastructure.

Location and Connectivity

• Aluva lies by the Periyar river and holds a major transportation hub role.
• As a principal stop for trains and buses, the Aluva Railway Station is a vital transit point.
• It's linked by the main National Highway NH-47.
• It's the launch point for the Kochi Metro Rail, enhancing its ties to many parts of the city.

Infrastructure and Amenities

• Streets and other crucial amenities such as schools, colleges, hospitals, and ATMs are well-developed.
• The closeness to the Cochin International Airport makes it a draw for frequent travelers.
• The town blends cultural and industrial elements, hosting the renowned Sivarathri festival and the Advita Ashrams set up by Sree Narayana Guru in 1913.

Property Prices

• Around Rs. 4,333 per square foot is the price tag for an average property in Aluva, ranging from Rs. 2,333 to Rs. 7,155.
• Various neighborhoods in Aluva showcase a range of costs such as:
  • Uliyannoor: Rs. 7,155 per sqft
  • Nedumbassery: Rs. 3,111 - Rs. 5,833 per sqft
  • Kuttamassery: Rs. 3,098 - Rs. 3,913 per sqft
  • Edathala: Rs. 3,728 - Rs. 3,863 per sqft.

Rental Market

• Renting houses and apartments in Aluva starts at about Rs. 5,500 monthly.
• Based largely on location, size, and features, rental prices vary broadly, with:
  • Semi-furnished bachelor's rooms at Rs. 6,000,
  • Fully furnished 4BHK homes at ₹25,000.

Popular Areas for Renting and Buying

• Pulinchode Junction
• Bank Junction
• Paravur Junction
• Kadungalloor
• Thottakkattukara Junction.

Types of Properties Available

• Diverse choices include houses, villas, and apartments.
• Options are fully furnished, semi-furnished, and unfurnished to suit various preferences and budgets.

PropertyWala's Conclusion

Aluva stands as a strong option for both buyers and renters, thanks to its solid transportation links, expanding infrastructure, and cultural importance. Nearby major transit hubs, schools, hospitals, and the airport make it an attractive choice for those desiring a balanced lifestyle. While real estate costs are rising, the range of price points and rental options guarantees something for all budgets. Hence, Aluva is a worthy and growing region for real estate investment within the Ernakulam district.