Overview of Chathamangalam, Kozhikode

Location and Amenities

Chathamangalam, found in Kozhikode, boasts numerous amenities and conveniences. Its close proximity to significant establishments like NIT College, KMCT Hospital, and MVR Hospital makes it very appealing for those desiring easy access to educational and medical services.

Property Types and Prices

For Sale

• Homes for sale in Chathamangalam typically run from ₹20 Lac to ₹40 Lac.
• Typical properties include 3 BHK homes, some offering 2 bedrooms with attached bathrooms.
• There are also larger properties, like a 1400 sqft 3 BHK house, in the area.

Rental Options

• Rental listings in Chathamangalam fit within the broader Kozhikode rental market where rents start from around ₹ 8000 and average at ₹ 12,937.

Property Rates and Trends

Sales

• Prices for Chathamangalam properties generally vary between ₹20 Lac and ₹40 Lac, though some larger or more luxurious ones can cost up to ₹50 Lac.

Rentals

• Although specific Chathamangalam rental prices aren't detailed, Kozhikode rental fees range from ₹ 8,000 to ₹30,000 per month, averaging at ₹ 12,937.

Market Trends

• The rental market in Kozhikode, particularly in Chathamangalam, has experienced a decline during the past six months. This shift may suggest a buyer’s or renter’s market advantage.

Property Specifications

• Area and Size: Property sizes vary from 1400 sqft to large plots up to 10,890 sqft.
• Room Configuration: 3 BHK houses are the most common, while 2 BHK and other setups are also present.

PropertyWala's Conclusion

If you're seeking to buy or rent property in Chathamangalam, Kozhikode, you'll find a good balance of affordability and amenities. Its close access to educational institutions and hospitals makes it a great pick for families and professionals alike. The current rental market indicates potential negotiation benefits, while the sales market offers various options within a moderate budget. In summary, Chathamangalam is both attractive and practical for both investors and potential home seekers in the real estate field.