Overview of Cheranalloor, Ernakulam

Location and Infrastructure

Cheranalloor, in the Ernakulam district of Kochi, boasts good connectivity. It's near key landmarks and amenities, making it a great choice for buyers and renters.

Property Prices

• Average Price per Sqft: Prices in Cheranalloor average around Rs. 6,398 per sqft, with property starting at Rs. 6,314 per sqft.
• Price Range: Expect a price range of Rs. 1.30 Cr to Rs. 1.50 Cr for a 3 BHK unit. The price per sqft ranges from Rs. 2,181 to Rs. 2,525.

Types of Properties Available

• Residential Units: Options include apartments, flats, and independent houses. One can find 2 BHK, 3 BHK, and 4 BHK flats and houses in various segments.
• Projects and Developments: The area offers many upcoming and developed projects like Skyline Synergy and Arsh Primia Sky Villas. These provide modern and luxurious living.

Amenities and Infrastructure

• Schools and Hospitals: Cheranalloor is near Amritha Hospital and many educational places, ideal for families.
• Transportation: It's well-connected to other parts of Kochi, which is great for commutes.
• Community Living: Secure community villas and apartments promise a friendly environment.

Rental Options

• Availability: Some rental properties, from 1 BHK to 3 BHK, are currently on offer in Cheranalloor.
• Rental Prices: For instance, a 1,200 sqft property can be rented for around ₹16,500 monthly.

Market Trends

• Year-on-Year Growth: Property rates in Cheranalloor rose by 2.96% last year, suggesting a stable, possibly growing market.
• Investment Potential: Trends show that buying or selling is profitable now, making it good for investors and regular users.

PropertyWala's Conclusion

Cheranalloor in Ernakulam is a great option for property buying or renting. Its strategic location, variety, and solid infrastructure make it attractive for investors and those seeking comfort. It’s wise to watch market trends and conduct research for informed decisions.