Overview of Chandranagar, Palakkad

Location and Accessibility

Chandranagar is situated right there in Palakkad. It easily connects to major landmarks and infrastructure, including the Palakkad-Coimbatore highway. Schools, hospitals, and the railway station are reachable.

Property Prices and Trends

• Starting and average prices in Chandranagar hit about Rs. 4,697 per square foot.
• The property market has grown greatly over the past year, with prices rising by 30.18%. It’s a lucrative spot for both buyers and sellers.

Types of Properties Available

For Sale:

• Independent Houses and Villas: Options include 2 BHK, 3 BHK, and 4 BHK houses. Prices range from Rs. 32 lakhs to Rs. 1.50 crores, depending on the area and amenities.
• Plots: Some residential plots offer construction up to three floors. Prices start around Rs. 64.6 lakhs.

For Rent:

• Independent Houses and Flats: 2 BHK and 3 BHK units are let out with rents from ₹11,000 to ₹22,000 monthly. These often include parking, balconies, and close to schools and shops.

Amenities and Infrastructure

• Schools and Hospitals: Close by are Bharatmatha School and Palana Hospital.
• Transportation: Connection is good via the Palakkad-Coimbatore highway and nearby KSRTC bus stand.
• Community Amenities: Projects may include features like 24/7 security, CCTV, a kids' play area, landscaped gardens, wide tiled roads, and rainwater harvesting systems.

Investment Potential

• Property prices keep climbing significantly, marking Chandranagar as a great chance for short-term and long-term investments.
• Its amenities and strategic layout boost property worth and appeal.

PropertyWala’s Ending Thoughts

This neighborhood in Palakkad is top-notch for those seeking to buy or lease. Its strategic position, rising value, and diverse property types appeal to families and investors. With a promising growth in property price and abundant amenities, Chandranagar strikes the perfect balance of comfort, convenience, and investment opportunity.