Overview of Kallai, Kozhikode

Location and Nearby Regions

• Kallai is a community in Kozhikode, Kozhikode District, Kerala, India, with the pin code 673003.
• Ummalathoor, located approximately 10.04 kilometers away from Kallai.

Real Estate Market

Property Prices

• If you plan to buy property in Kallai, expect an average price of ₹5,768 per square foot in Kozhikode, which includes Kallai. Note that prices might widely fluctuate, between ₹2,000 to ₹24,761 per square foot.

Rental Prices

• For rent, Kozhikode, including Kallai, starts from around ₹8,000 per month, with an average rent of ₹12,937. Also, you can find higher-end options like a 3 BHK flat, which rents for ₹55,000 per month.

Property Types

• Available property options are diverse, featuring apartments, standalone houses, and luxurious villas. For example, a 3 BHK flat in Kallai comes with multiple bathrooms and large balconies, offering substantial carpet space.

Infrastructure and Amenities

• Kozhikode, including Kallai, is modernizing thanks to initiatives like the Calicut Smart City project. These efforts lead to improvements in transportation, utilities, and public amenities, elevating residents' quality of life.

Economic and Social Factors

• The economy here is growing, driven by IT, healthcare, and tourism sectors. Due to this diversity, there are employment opportunities, escalating demand for both residential and commercial real estate.
• Furthermore, the area’s rich cultural and tourism appeal fuels demand for housing and hospitality services, positioning Kozhikode as an appealing destination for investors and residents alike.

Connectivity

• Kallai enjoys strong connectivity with major cities in Kerala and India. This advantageous positioning also includes direct access to international destinations, making it perfect for residents and investors.

PropertyWala's Conclusion

Kallai, Kozhikode offers a promising outlook for buying or renting properties. The real estate market, bolstered by a strong economy and top-notch infrastructure, strikes a good balance of affordability and luxury. Continuous development projects elevate Kallai’s appeal as a smart investment option for various timelines. Yet, staying current with the latest price trends and market conditions is crucial to making well-informed decisions.