Overview of Cherai, Ernakulam

Location and Appeal

Cherai, found in the Ernakulam district of Kerala, is a favored spot known for its mix of urban and natural attractions. It's part of the Kochi metropolitan area, making it appealing for those looking for a blend of city life and natural charm.

Property Types and Prices

• Residential Properties:
  • The usual property in Cherai is the 2 BHK residential house, making up a big part of the properties for sale.
  • Residential plots are also common, with 67% of the properties being residential plots, often listed by individual owners.
• Price Range:
  • Prices for properties in Cherai vary, with 40% priced between ₹20 Lac and ₹40 Lac, and another 20% between ₹40 Lac and ₹60 Lac. There are also properties in the higher range of ₹1.4 Cr to ₹1.6 Cr.

Key Features and Amenities

• Natural Attractions: Cherai is known for its stunning beaches, such as Cherai Beach and Kuzhuppilly Beach, making it a great choice for those who love coastal areas.
• Urban Amenities: Being part of the Kochi metropolitan area, the locality offers easy access to urban amenities, IT hubs, and business centers.

Investment and Demand

• Demand: The demand for properties in Cherai comes from professionals, families, and non-resident Indians (NRIs) who see it as a secure and profitable investment.
• Growth Prospects: With Kochi growing as a major IT hub, the demand for high-quality housing in Cherai is expected to rise, making it a promising area for real estate investments.

Sustainability and Development Trends

• Sustainable Development: Similar to other parts of Kerala, there's a growing focus on sustainable and eco-friendly real estate development in Cherai, in line with the broader state trends.

PropertyWala's Conclusion

Cherai, Ernakulam, offers a compelling choice for both buyers and renters due to its balanced mix of urban conveniences and natural beauty. With strong demand from professionals and NRIs, and a focus on sustainable development, Cherai is set to be a lucrative and desirable real estate destination in 2025. Prospective buyers should consider the locality's growing potential, diverse property options, and the ongoing trends in real estate development to make an informed decision.