Chengamanad, Ernakulam Overview

Location and Accessibility

Chengamanad lies in the Ernakulam district of Kochi, Kerala. It’s famous for its position, providing smooth access to major facilities and transportation hubs, including the Kochi Airport.

Property Types and Pricing

Residential Properties for Sale

• 2 Bedroom Houses: Normally priced at ₹65 Lac, with an average rate per square foot of ₹2,487. Typical area: 2,613 sqft (243 sqm).
• 3 Bedroom Houses: Usually ranging from ₹47 Lac to ₹1.35 Cr, with an average price per square foot from ₹2,157 to ₹5,690. Typical size: 2,178 sqft (202 sqm) to 2,310 sqft.

Residential Land

• Also available are house plots. For example, a 6 cent plot can be bought for about ₹4.84 lakhs.

Rental Market

Specific rental data for Chengamanad isn't given, but trends in Ernakulam give some ideas:

• Rental Price Range: Ernakulam rentals start at ₹6,500, averaging out at ₹10,425. Rentals can also cost up to ₹37,000 a month.

Market Trends and Prospects

• The rental market in Ernakulam, including Chengamanad, has gone down over the past six months. But this could also open up chances to negotiate better prices for buyers and renters.

Infrastructure and Amenities

• Chengamanad is growing fast, with new residential projects providing modern amenities such as schools, hospitals, and shopping centers nearby.
• The area connects well to Kochi Airport and other main spots in the city, making it appeal to both residents and investors.

PropertyWala’s Final Thoughts

Chengamanad in Ernakulam offers a blend of affordability and convenience, suitable for property buyers or renters. It provides various residential options, from 2-bedroom to 3-bedroom houses, and plots catering to different budgets. The drop in the Ernakulam rental market could lead to better deals. All in all, Chengamanad strikes a balance between cost and accessibility, making it a good choice for real estate investment or living purposes.