Feroke's Rise in Kozhikode

Feroke, nestled in Kozhikode (Calicut), Kerala, is fast becoming a hotspot in the real estate sector thanks to its strategic spot, growing infrastructure, and increasing demand for housing.

Connections and Structure

• Feroke enjoys good connections to other parts of Kozhikode via key roads, notably the Ramanattukara bypass.
• Just about 1 km from Feroke railway station and the nearby bus stand, this area shines in terms of ease of access.
• Thoughts of metro connectivity and other upgrades are adding to its appeal.

Schools, Colleges, and Healthcare

• Feroke lies close to many educational spots. Farook College, a big name, stands out here.
• Many schools and high schools surround this area, making it great for families.
• Hospitals like the ESI Hospital are not too far away, giving easy healthcare access.

Types and Availability of Properties

• Homes: Apartments, standalone houses, and plots are available. Fancy branded apartments, especially near Farook College, come with CCTV, car parking, and water supply from the Kerala Water Authority.
• Business Areas: While not as common, commercial spaces exist in zones where residential areas flourish.
• Land Sales: Plots come in various sizes, some offering good views and water, perfect for building houses.

Pricing Updates

• Property costs in Feroke change. For instance, a 2 BHK apartment can cost Rs 48 lakhs.
• Land prices can go from Rs 2 crores for a 47-cent plot to others based on location and features.
• Nearby places like Petta, Feroke have a price per square foot of around Rs 3,998.

Rental Options

• Rentals include houses, apartments, and flats. Cost can be ₹25,000 per month for a 4-bedroom house or different rates for each property depending on size and amenities.

Market Conditions

• Residential property demand is picking up in Feroke because of its closeness to education and health services and better infrastructure.
• This area is catching the interest of locals and investors due to Kozhikode's growth as an IT center, education hub, and healthcare destination.

PropertyWala's Thinking

Feroke, Kozhikode, has a bright real estate future for buyers and renters alike. With better resources, proximity to key education and health spots, and many property choices, it's a good spot to invest or live. But remember pricing trends, supply and demand, and projects underway when deciding. In short, Feroke is set for growth, combining affordability and luxury for different real estate needs.