Overview of Kannadi, Palakkad

Location and Accessibility

Kannadi sits in Palakkad, Kerala, providing a prime spot with great access to many important spots. This location includes residential plots and houses nearby places like the railway station, Victoria College, and Mercy College, all within a short drive.

Property Types and Availability

Kannadi's real estate market is rich and fulfills diverse needs:

• Residential Plots: Available in various sizes, from 203 sq-m to 11762 sq-m. Priced between 22.5 Lakhs to 1.93 Crores. Often allow multiple floors construction (1 to 3 floors depending on permissions).
• Independent Houses/Villas: Options for both buying and renting. Like a 4-bedroom house in Kannadi 1 available for around Rs. 85 Lakhs.
• Apartments/Flats: Included in the area's property range, though not always the main focus in current listings.

Price Trends

• Property prices in Kannadi-II begin at Rs. 2,432 per sqft, with an average around Rs. 3,372 per sqft. There are even pricier spots up to Rs. 4,000 per sqft.
• A tremendous year-over-year growth is recorded at a 35.29% rise over the past year, suggesting a strong market for both sellers and buyers.

Rental Options

• People looking to rent can consider independent houses or villas. For instance, a stylish 2 BHK house on the first floor is available at Rs. 9,000 per month, needing a deposit for three months' rent.

Amenities and Infrastructure

• You'll enjoy close access to shops, dining, and fun places like Lulu Mall a short drive away.
• Roads nearby provide wide access with plots facing 5m to 9m roads, ensuring good connectivity.

PropertyWala Conclusion

Kannadi, Palakkad, holds a promising real estate scene with multiple property choices to match different budgets and needs. With solid price growth, fantastic connectivity, and close amenities, it's a great choice for investors and users alike. Whether buying a plot, a standalone home, or renting, Kannadi offers many chances for long-term value growth. To make well-informed choices, it's important to keep an eye on the latest trends and market data.