Overview of Kadavanthra, Ernakulam

Location and Connectivity

Kadavanthra in Ernakulam, Kochi, is a highly desirable place because of its strategic location. It has easy and rapid access to major city spots, making it appealing for both buyers and renters. It's close to important infrastructure like metro stations, bus stops, and major roads, improving its accessibility.

Property Prices and Trends

• The starting price for properties here is about Rs. 3,633 per sqft, with an average of Rs. 7,832 per sqft. Prices range from Rs. 4,090 to Rs. 13,250 per sqft.
• Last year saw a 6.44% decrease in property rates, pointing to a potential buyer's market.

Types of Properties Available

For Sale:

• Apartments: Found in configurations like 2 BHK, 3 BHK, and 4 BHK. Prices go from ₹4.5 lakhs for a 2 BHK up to ₹2.5 crores for a luxury 3 BHK or 4 BHK.
• Independent Houses: Available too, with costs varying based on size and extras. For instance, a 3 BHK house might cost around ₹1.5 crore to ₹2.2 crores.
• Duplex Flats: We see luxury duplex flats with built-up areas of around 2768 Sq.ft priced at about ₹ 3.6 Cr.

For Rent:

• Apartments: Monthly rentals range from ₹12,000 to ₹50,000 for 2 BHK to 4 BHK fully furnished flats. Often these have modern amenities and 24-hour security.
• Independent Houses: Available rentals too, starting from ₹15,000 to ₹50,000 per month based on size and amenities.

Amenities and Facilities

• In Kadavanthra, properties often have modern facilities like living rooms, dining areas, kitchens, and parking spaces.
• The area comes with top amenities like 24-hour security, furnished flats, and easy access to public transport.

Market Viability

• Present market trends indicate that buying and selling properties in Kadavanthra can still be profitable, if done at right timing and with understanding of price trends.

PropertyWala's Conclusion

Kadavanthra, in Ernakulam, offers a strong choice for both real estate investors and home seekers due to its favorable location, diverse property options, and modern amenities. The recent drop in property rates may make it a buyer-friendly market. Yet, the area's connectivity and amenities promise long-term value increase. People looking to buy or rent should keep an eye on local market trends for informed property investment choices in this sought-after locality.