Overview of Karikkamuri, Ernakulam

Karikkamuri, located in Ernakulam, is a place offering a mix of homes and businesses, suitable for both buyers and renters.

Property Types

• Residential Plots: Karikkamuri Cross Road features many residential plots. You can find plots available for sale. For instance, a 36-cent plot is listed at 10 crores, and another plot, 60x20 feet with an old house, is available for 1 crore.
• Residential Houses: We see a lot of houses for sale or rent. These houses, like 1 BHK and bigger layouts, are owned by individuals.
• Flats and Apartments: There are flat options available in areas including fully furnished and unfurnished. These range from 1 BHK to 3 BHK units.

Price Range

• For Sale:
  • Half of the properties lie in ₹80 lakhs to ₹1 crore.
  • Half are priced above ₹5 crores, indicating affordable and luxury options.
• For Rent:
  • Most rental properties fall within ₹5,000 to ₹10,000 per month.
  • Larger apartments and houses can be rented for up to ₹26,000 per month for a 3 BHK flat.

Amenities and Facilities

• Security and Infrastructure: Some rentals offer amenities like 24-hour security and gated areas, appealing to families and professionals.
• Location: Karikkamuri is close to key spots like the South Railway Station and MG Road, making it convenient for commuting and accessing local amenities.

Nearby Localities

• Comparison: Compared to nearby areas like Marine Drive, Pullepady, and Gandhinagar Road, Karikkamuri offers competitive prices and a range of property options.
• Proximity to Key Areas: Close to other popular areas like PT Usha Road, Layam Road, and TD Road, impacting property values and rent.

Rental Trends

• Common Configurations: The usual rental property is a 1 BHK house, making up around 100% of the rental properties in Karikkamuri.
• Furnished Options: You'll find both fully furnished and unfurnished rental options, catering to various preferences and budgets.

PropertyWala's Conclusion

Karikkamuri in Ernakulam presents a blend of affordability and luxury. Suitable for people looking for plots, houses, and flats, it fits different budgets. Its central location and amenities make it an attractive choice for buyers and renters. But comparing it with nearby areas is crucial for best investment value.